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Author Topic: Keep calm and buy the dip! Told yah.  (Read 1291 times)
Flexystar
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February 15, 2022, 06:00:37 PM
 #121

There is no real dip in the crypto market. That is the one hard thing I have learnt from the crypto currencies daily trade. Whenever I’m buying in some dip the whole market is reacting to it and dropping much much below than expected. Lolz.

Sometime I feel that it’s my unlucky trade which causing the whole market ho bearish. That’s funny though. TA and FA works most of the time but that’s anyway mathematical computing which could change with fractions of value changing in time.

Crypto on the other hand is sickly volatile. So yeah dip or no dip, just try to profit somehow.
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February 15, 2022, 06:21:20 PM
 #122

Staying calm and don't act on emotions is the best advice for trading. Technical analysis is a great tool to identify trends and barriers that help a lot in trading. Unfortunately we humans are irrational from time to time and will not think with the our brains, rather follow our guts. The 40,000 USD barrier in bitcoins looked strong at the start of the year, but still was being breached considerably. Which doesn't mean that buying 40,000 USD was a bad trade. The price recovered since then. For me every opportunity to buy bitcoins below 40,000 is a good trade. If Bitcoins would go below 30,000 USD ever again, I would start switching other assets into cryptos too. Selling some stocks or investment funds into bitcoins would only make sense to me at very good levels, because of the taxes I would have to pay. 
Staying calm would be suggested but being numb when it comes to emotion totally then it does have some cons too but in most cases this could really be helpful on which you could really able to handle

the situation since you don't really freak out easily but instead you are finding out ways for you handle out the situation unlike into those people who are really boggling up their minds once they do

encounter such scenario even though human beings are naturally that emotional on various things but with due experience then there would really be some changes.

R


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February 15, 2022, 06:54:32 PM
 #123

The thought has haunted me since last day that if Apple, Amazon and other big companies accept bitcoin it price will easily touch 100k   Luckily, the price is low still and I’ve been able to stack,  but just as you said, one day it will shoot ups and won’t come back and establish a whole new support level. No need to ve panic. Veey soon we will see good pump in all alt



 

 

 

 

 

 


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February 16, 2022, 02:52:30 AM
 #124

The thought has haunted me since last day that if Apple, Amazon and other big companies accept bitcoin it price will easily touch 100k   Luckily, the price is low still and I’ve been able to stack,  but just as you said, one day it will shoot ups and won’t come back and establish a whole new support level. No need to ve panic. Veey soon we will see good pump in all alt
it is clear that large companies and institutions and countries if they continue to want to actively use bitcoin, what you think will be realized very soon. but we know there are still many who have not done that and are still looking at the situation because at this time the price is also not good, so there is clear doubt that they will definitely consider it.
but in time all will do and use bitcoin because it is a need that cannot be denied because progress has required it. so be patient that the price will increase in time.

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February 16, 2022, 01:32:30 PM
 #125

The thought has haunted me since last day that if Apple, Amazon and other big companies accept bitcoin it price will easily touch 100k   Luckily, the price is low still and I’ve been able to stack,  but just as you said, one day it will shoot ups and won’t come back and establish a whole new support level. No need to ve panic. Veey soon we will see good pump in all alt
It is going to happen soon.

Bitcoin is bound to be up and whenver the price is down, there's always the cautious moment for most holders because everybody is thinking that it's the end.

But who always reigns and make money at the end? It's the holders who have been patient and not triggered to sell during the dips.

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February 16, 2022, 06:41:58 PM
 #126

The thought has haunted me since last day that if Apple, Amazon and other big companies accept bitcoin it price will easily touch 100k   Luckily, the price is low still and I’ve been able to stack,  but just as you said, one day it will shoot ups and won’t come back and establish a whole new support level. No need to ve panic. Veey soon we will see good pump in all alt
It is going to happen soon.

Bitcoin is bound to be up and whenver the price is down, there's always the cautious moment for most holders because everybody is thinking that it's the end.

But who always reigns and make money at the end? It's the holders who have been patient and not triggered to sell during the dips.
Not only into those holder but also into those people who do consider out on buying on the dip and not all those who had been  holding are confident on buying back on the dips but for sure they are aware
on how this market moves on which whenever theres a dip in price then there would really be that recovery that would happen next which is something the very standard thing to happen.
I know its not something easy that you could really done because of uncertainty of the situation and this isnt something that you could deal off without hesitation due to
unpredictability of the market.
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February 17, 2022, 10:15:35 AM
 #127

The idea to buy whe nit was low wasn't really a unique idea. The fact that it was low was enough proof that it wasn't really doing all that well, I mean it could have done even better but I do not know why it got stuck here. When it was lower, everyone told each other that it should have been higher and many people bought, hence why it went up.

Remember that whenever it goes down, it is because people sell, and whenever it goes up that is because people end up buying. Since, it is higher than before right now, it means that people ended up buying at those low prices, that is how it managed to get up from those levels and come to over 40k+ prices once again.
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February 17, 2022, 12:04:41 PM
 #128

The thought has haunted me since last day that if Apple, Amazon and other big companies accept bitcoin it price will easily touch 100k   Luckily, the price is low still and I’ve been able to stack,  but just as you said, one day it will shoot ups and won’t come back and establish a whole new support level. No need to ve panic. Veey soon we will see good pump in all alt
It is going to happen soon.

Bitcoin is bound to be up and whenver the price is down, there's always the cautious moment for most holders because everybody is thinking that it's the end.

But who always reigns and make money at the end? It's the holders who have been patient and not triggered to sell during the dips.
Not only into those holder but also into those people who do consider out on buying on the dip and not all those who had been  holding are confident on buying back on the dips but for sure they are aware
on how this market moves on which whenever theres a dip in price then there would really be that recovery that would happen next which is something the very standard thing to happen.
I know its not something easy that you could really done because of uncertainty of the situation and this isnt something that you could deal off without hesitation due to
unpredictability of the market.
It isn't easy.

But if you're determined and eager, you can do it.

In the beginning, when someone sees the pump we're all wanting to be part of it. And as it drops, we're thinking that we're lucky that we didn't buy at the peak.

It's always a psychological barrier and thinking that makes us think negatively in a positive situation and vice versa. And we need to break that through our decisions like buying when it's lower even it's not the dip.

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March 02, 2022, 10:10:14 AM
 #129

Always be Patience. I am also invest much money on it and still waiting for my profit. Because, there are many times, we see the price btc or alt are very low. But once time, it will back in solid and strong position. So, keep wait and be Patience.
it should be as you said, always be patient when we invest our funds in crypto because prices are always changing quickly and cannot be predicted quickly. but the problem is that if you use funds for investment not from funds that are not used and only focus on investment, it will always make the actions taken are always wrong, because you are in a hurry so that the investment can be disbursed to be used for daily needs.

even though we believe that the situation will recover and the funds we invest can be profitable if we are always patiently waiting for the right time to determine the course of action, so that it is in accordance with what we want.

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March 02, 2022, 11:46:58 AM
 #130

Yes calmness is always a big boost in your trading strategy. Don't make any decision on project past performance because in shares every time will tell different according to their use in society. We can only do better that to buy the dip and hold for sometimes. Buying in dip is the masterline for a trader. If you put this guidelines in your mind then you will become a good and might be a great trader. Buying in dip is always going to give profit to us very smoothly.
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March 02, 2022, 06:08:31 PM
 #131

Watch out and wait for the price to go down. At times, the market might not move in the direction we expect and it might jump up and we might not be able to buy at more dip. Hence, just buy at when you planed to buy, I mean, if you wish to buy a coin, just go ahead and buy the coin when you have the amount and hold them for few months and sell them off when you are satisfied with your profits.

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March 02, 2022, 06:54:51 PM
 #132


 Buying the dip is a great way to get richer and a lot quicker than usual as well. People keep thinking that there is a situation where you could get away with selling when it is going down and buying even lower. But the reality is that you will probably sell at low and then can't buy because that was teh bottom and end up losing money because of it as well. I am not saying that you should never sell, but try to not sell when the prices are that low. I keep on buying as much as possible and that is why I have a decent amount, if you keep ignoring all the drops and just focus on selling, and get on panic mode, you will lose a lot more money.

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Viscore
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March 03, 2022, 04:46:15 AM
 #133

Watch out and wait for the price to go down. At times, the market might not move in the direction we expect and it might jump up and we might not be able to buy at more dip. Hence, just buy at when you planed to buy, I mean, if you wish to buy a coin, just go ahead and buy the coin when you have the amount and hold them for few months and sell them off when you are satisfied with your profits.
The key thing here is to always trade with a good strategy even the price goes up or down. Most failures and loss of money or loss on investment usually happens when you invest without proper and enough knowledge of the market. Cryptocurrency trading for beginners isnt easy, but with the right skills and strategies you will be making more profit.
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March 03, 2022, 04:13:31 PM
 #134

The key thing here is to always trade with a good strategy even the price goes up or down. Most failures and loss of money or loss on investment usually happens when you invest without proper and enough knowledge of the market. Cryptocurrency trading for beginners isnt easy, but with the right skills and strategies you will be making more profit.

That's definitely right mate, we always keep on telling this saying "buy low, sell high" but sometimes depending on this saying alone will also lead you to loses when an investor or a trader don't have a proper knowledge on how to trade or how to invest wisely. We are all aiming for a greater profit and that's why buying at a low price is always advisable depends on how much you can afford to buy and afford to lose but let's not forget the essence of having a proper knowledge because this is the one that will give us true profit.
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March 03, 2022, 05:14:38 PM
 #135

Watch out and wait for the price to go down. At times, the market might not move in the direction we expect and it might jump up and we might not be able to buy at more dip. Hence, just buy at when you planed to buy, I mean, if you wish to buy a coin, just go ahead and buy the coin when you have the amount and hold them for few months and sell them off when you are satisfied with your profits.
As long as the price is still in line with what you want, deciding to buy is also a good thing and there's nothing wrong with that,
most importantly before making a decision we must know what we will do later,
for now it might be difficult to see the market can be stable
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March 05, 2022, 04:20:10 PM
 #136

Watch out and wait for the price to go down. At times, the market might not move in the direction we expect and it might jump up and we might not be able to buy at more dip. Hence, just buy at when you planed to buy, I mean, if you wish to buy a coin, just go ahead and buy the coin when you have the amount and hold them for few months and sell them off when you are satisfied with your profits.
As long as the price is still in line with what you want, deciding to buy is also a good thing and there's nothing wrong with that,
most importantly before making a decision we must know what we will do later,
for now it might be difficult to see the market can be stable
Moreover, we must know how to manage our financial management to prepare for the worst scenario because it is the whales who regulate market patterns. Buy the dip means that you are ready for the price to go down again or bounce up because the market conditions still look bearish in the next few months

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August 16, 2022, 01:20:55 PM
 #137

Yes, given the current state of the market, now is not the time for a lengthy ride. Time to engage in short trading. Considering that you never know what the next call will be, it becomes sense to scale back your trades now rather than opening them with the idea that the price would rise over what is fair. Of course, we won't reach ATH anytime soon, so any profit made now should be accepted with gratitude.
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August 16, 2022, 09:34:44 PM
 #138

Watch out and wait for the price to go down. At times, the market might not move in the direction we expect and it might jump up and we might not be able to buy at more dip. Hence, just buy at when you planed to buy, I mean, if you wish to buy a coin, just go ahead and buy the coin when you have the amount and hold them for few months and sell them off when you are satisfied with your profits.
As long as the price is still in line with what you want, deciding to buy is also a good thing and there's nothing wrong with that,
most importantly before making a decision we must know what we will do later,
for now it might be difficult to see the market can be stable
Moreover, we must know how to manage our financial management to prepare for the worst scenario because it is the whales who regulate market patterns. Buy the dip means that you are ready for the price to go down again or bounce up because the market conditions still look bearish in the next few months
Whenever i do make profits whether on a sideways or bullish market then i do always set aside some amounts which would really be saved up for later on or on the time that there's an opportunity to buy cheap.

If you do miss out on having some saved amounts or allocation then you would really just simply stare and missing out the chance on buying cheaper coins which is something regrettable.If you dont like to miss

out opportunities something like this then you should really know on when to save up funds out of those profits you do made earlier.Its just common sense but this is something
a hard thing to be done specially if you are really that in need of money or funds from time to time.

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August 16, 2022, 09:54:30 PM
 #139

Quick question.

Have you ever bought the dip, but then the price breaks through the support and continues dropping deeper for weeks or months?  Grin
Well, I have done it before.

The problem may not be panicking but may be determining the actual dip before a pump.
Not every dip is worth buying

I usually bought when there's a clear pattern already form during the dip then wait for the confirmation. I rarely experience the one you mention on my current trading portfolio since I always set a SL on all my positions when I'm entering position during dip. It's important to watch critical level if there's a downtrend after you enter a position since there's always a possibility for a rejection.

But yeah I understand what you feel because I do experience that most of the time during my newbie trader days.  Grin
In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.


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August 17, 2022, 09:25:13 AM
 #140

Moreover, we must know how to manage our financial management to prepare for the worst scenario because it is the whales who regulate market patterns. Buy the dip means that you are ready for the price to go down again or bounce up because the market conditions still look bearish in the next few months
Managing our capital is one good and well strategize step for one to prevent or maximize loss in trading. Buying dips always be a big threat and fear to Traders because most of them are really afraid of liquidating their account. The true fact about the market is that, it pumps and dumps, but one have to know the category that will favour his capital. Some Traders like the bull market while others liked the bearish market. Crypto is patience and if a trader panic, he's close to loss in trading.

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