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Author Topic: #buythedip is trending all around  (Read 231 times)
hatshepsut93
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November 27, 2021, 04:08:22 PM
Merited by pooya87 (2), Poker Player (1)
 #21

You shouldn't be doing something just because it's trending. Hardcore Bitcoin fans will be telling you to buy no matter what happens on the market. It's growing? Buy because it will break $300,000 by the end of the year! It's falling? Buy because it will soon start rising again! It's not moving? Buy anyway!

When it comes to investing, you should have a clear strategy of when and how much you want to buy, not just do so because the twitter crowd tells you to.

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November 27, 2021, 07:55:50 PM
 #22

I along with many on this forum have been buying the dips for years, it has been trending
on this forum longer than the El Salvador thing.

Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity.

Regarding the new COVID-19 strain, it looks like the dip happened in line with the stock
market pull back, its not just weak hands selling it can also investors selling Bitcoin to
cover their other investments.

R


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November 28, 2021, 06:56:20 AM
 #23

Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity.
Investors should know that focusing on the long term investment strategy will be best, if they are losing, they should not sell, to not just lose, they should focus on the long term and be watching when bitcoin will teach all-time-high again. People that will lose are traders. Investors would be patient and see the price rise again and gain. The investment strategy should be like 'not selling but also buying the dip'.
Yeah, it might be true that some traders will lose but not all traders. I have noticed in many cases where the first sellers when any correction started turned out to be the most profitable ones because they were able to increase their HODlings with the dips but we cannot take away the fact that HODLing is great but most of the time it depends on Individual tolerance. 
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November 28, 2021, 08:42:04 AM
 #24

Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity.
Investors should know that focusing on the long term investment strategy will be best, if they are losing, they should not sell, to not just lose, they should focus on the long term and be watching when bitcoin will teach all-time-high again. People that will lose are traders. Investors would be patient and see the price rise again and gain. The investment strategy should be like 'not selling but also buying the dip'.
Yeah, it might be true that some traders will lose but not all traders. I have noticed in many cases where the first sellers when any correction started turned out to be the most profitable ones because they were able to increase their HODlings with the dips but we cannot take away the fact that HODLing is great but most of the time it depends on Individual tolerance. 
By taking advantage of the opportunity for a price correction to buy, the holder will benefit from buying at a low price, so that the psychology will be calmer as well. Previously, many people panicked to sell, so prices fell and there were other investors looking for opportunities to be ready to buy. and i think it will be like that forever and it goes naturally

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November 28, 2021, 09:05:57 AM
 #25

It's already common to us that whenever there's a dip, everyone should buy.

But this time it's becoming different, there's a trend setter coming from a popular company, celebrity, personality and even a country. That's why it's a hype maker whenever there's some hashtag being used.

Such trend is just temporal and will eventually change. The newbies really are making themselves into hype but they have to understand that if it's about bitcoin, they should never ride the trend and know that it is the one that's being followed by the trend.
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November 28, 2021, 04:32:32 PM
 #26

Bitcoin have got more visibility throughout this year. Now, the dip in the market is trending in twitter on the top. In certain countries like Canada this is trending on the first position. Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity. This dip in the market is being experienced on the share market too. New mutant of covid-19 too is mentioned as a reason for the ongoing dip in the market.
If the dip in the market should continue like this, then a lot of investors are going to keep on selling their assets, which may lead to further dip of the market price. For sure this time is the perfect time for every investor who knows what they’re doing to start investing in the cryptocurrency market or even the stock market, now that the market is very low you should buy as much as possible and keep in your wallet.

We are all very aware that even if the market goes down that there will be a time when it will increase again. What it is only going to take from you is to have patience, if you’re ever to have that patience and wait for the right time for the market to increase, then you are going to benefit from it a lot. Although one thing that can help you to have this patience is if you only invest what you can afford to lose, or what you can afford to live in your wallet for a long time.

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November 28, 2021, 06:36:47 PM
 #27

Bitcoin have got more visibility throughout this year. Now, the dip in the market is trending in twitter on the top. In certain countries like Canada this is trending on the first position. Now the new investors will be on panic and the same will make them go for selling, while the experienced will make use of the opportunity. This dip in the market is being experienced on the share market too. New mutant of covid-19 too is mentioned as a reason for the ongoing dip in the market.
If the dip in the market should continue like this, then a lot of investors are going to keep on selling their assets, which may lead to further dip of the market price. For sure this time is the perfect time for every investor who knows what they’re doing to start investing in the cryptocurrency market or even the stock market, now that the market is very low you should buy as much as possible and keep in your wallet.
We are all very aware that even if the market goes down that there will be a time when it will increase again. What it is only going to take from you is to have patience, if you’re ever to have that patience and wait for the right time for the market to increase, then you are going to benefit from it a lot. Although one thing that can help you to have this patience is if you only invest what you can afford to lose, or what you can afford to live in your wallet for a long time.

Panic sellers always sell at the time of dumping. Due to these, the market became unstable later. In most cases, newcomers start panic-selling and suffer losses because they do not understand the actual strategy of the market. Intelligent people and pro traders raise funds and buy more bitcoins without panic during the correction, El Salvador is doing just that now. The market is expected to stabilize again at the beginning of the new month and the Bull will take control of the market.

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November 29, 2021, 05:54:44 AM
 #28

Panic sellers always sell at the time of dumping. Due to these, the market became unstable later. In most cases, newcomers start panic-selling and suffer losses because they do not understand the actual strategy of the market. Intelligent people and pro traders raise funds and buy more bitcoins without panic during the correction, El Salvador is doing just that now. The market is expected to stabilize again at the beginning of the new month and the Bull will take control of the market.
It is mostly FUD though. These newcomers don't just panic sell because they saw a small drop, it was because they were brainwashed with some fake news (such as China/US/India/Europe banned bitcoin) and were told that bitcoin is going to dump and die because of it. Of course part it is because they don't even know what bitcoin is, they've just bought it to become rich!

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November 29, 2021, 06:17:15 AM
 #29

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November 29, 2021, 06:46:04 AM
 #30

You shouldn't be doing something just because it's trending. Hardcore Bitcoin fans will be telling you to buy no matter what happens on the market. It's growing? Buy because it will break $300,000 by the end of the year! It's falling? Buy because it will soon start rising again! It's not moving? Buy anyway!

When it comes to investing, you should have a clear strategy of when and how much you want to buy, not just do so because the twitter crowd tells you to.

That's why this news doesn't affect me because I have a clear strategy. I buy regularly, always the same approximate amount, although sometimes I may contribute a little more or a little less. But it's about the same, and I don't care about the news, the FUD, the FOMO. I buy, buy and buy. Small amounts but over time, added to the return, they become a good capital.

I've been doing this for years now with the S&P 500 and more recently also with Bitcoin.


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November 29, 2021, 08:54:13 AM
 #31

You shouldn't be doing something just because it's trending. Hardcore Bitcoin fans will be telling you to buy no matter what happens on the market. It's growing? Buy because it will break $300,000 by the end of the year! It's falling? Buy because it will soon start rising again! It's not moving? Buy anyway!

When it comes to investing, you should have a clear strategy of when and how much you want to buy, not just do so because the twitter crowd tells you to.

That's why this news doesn't affect me because I have a clear strategy. I buy regularly, always the same approximate amount, although sometimes I may contribute a little more or a little less. But it's about the same, and I don't care about the news, the FUD, the FOMO. I buy, buy and buy. Small amounts but over time, added to the return, they become a good capital.

I've been doing this for years now with the S&P 500 and more recently also with Bitcoin.


If you know exactly how will you grow your investment, then you should have known it before investing, and not just following what's the trend or ride with the FUD. I myself is taking advantage every time dips is happening and i know it will always be a good time to buy. But with bitcoin, even if the price isn't really in dip price, its still good to buy any amount because it will surely grow its value in time. For altcoins, its better to buy them when in  dips because altcoins most of the time are only good for short term, except for those established altcoins they will also grow next to bitcoin.

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PROVABLY
FAIR
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HOUSE
EDGE
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DEPOSIT
BONUS
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