What is a best way of taking advantage of BTC dips when away?

[FirmWars]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

[Frankolala]

You don't need to be on the forum before you can know the price of bitcoin. You can get the price of bitcoin from the internet, as long as you are not where you don't have access to the internet. If you are planning to buy at the dip, you can be saving for that, and when the dip comes, you take advantage of it and you that money that you have saved to buy.

If you don't want to use CEX p2p, you can use DEX. But to put it straight to you, if you want to use centralized exchange, after buying through p2p you need to transfer your coins to a noncustodial wallet like electrum, blue wallet or sparrow wallet , where only you have access to your private keys, instead of leaving it in the exchange.

[Solosanz]

You can use Bisq because you can sell at any exact price you want, I don't think there are no KYC P2P have buy order feature, both seller and buyer need to be available.

Bisq is a decentralized exchange, so technically it's under your control. The cons in Bisq is the rate, even you see the current Bitcoin price in many sites is $68K, but in Bisq it could be still at $70K due to low volume.

For alternative you can use bot that will send a notification on your email/telegram/sms https://cryptocurrencyalerting.com/bot/telegram

Then you send your coins to CEX, if you want to get the best rate.

[Zaguru12]

I like the fact that you don’t want the idea of centralized exchanges avoiding to store your coins on them is the best security step to take. Now the same bot you want is similar to this centralized exchanges because they need to hold your coins to buy the dip for you, I will strongly advise against it if there is something like that at all. Last time I heard Solana chain had it and when it got hacked people lost their funds on it.

I don’t know if there is something like an alarm reminder for certain price that you can set on platforms like coincegkco or coinmarketcap. The one I know of is the alert system used by traders on trading view and even that isn’t that useful if you’re not so active.

My advice is don’t wait for certain price just dedicate time like weekly, bi-weekly or monthly and just buy bitcoin at those time, it is way safer and better than any bot.

[I_Anime]

The truth is that timing the market is not an easy one because cannot actually tell what is going to happen next. That why most time we have been advised to continue buying with DCA strategy. Which is buying at different price interval either when the price is high or low and one can fixed his DCA monthly or weekly, just to avoid any scenario of missing out .

Even when you set some kind of buying limit, what if market endup not reaching the price you set or even went dipper before surging in price . So we can't predict it , so I will give you same advice just continue with your DCAing , in buying at different time interval, and you might even endup buying the dip still. Using a cex account not actually bad because one may choose to gather some good amount of Bitcoin before transferring to a noncustodial wallet, due to fees.

[hd49728]

When you use a trading bot, there is risk of API key leak, hack and you will lose your money.

I feel normal to use Price alert bot and prepare my stable coin, when it's on time, I can deposit it to a centralized exchange and buy a dip. I probably won't best (cheapest) price but still good price around a dip.

Report: how cybercriminals abuse API keys to steal millions

[boyptc]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Exchanges have buying orders and you are free to set the price of how much you want to buy and once the actual market price goes down, then for sure that your low price will be hit once it passes there or gets close to it.

You don't need a bot for that because that feature is in most exchanges. That's why that money you'll use in buying bot can be just added to your capital.

[Ayers]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Exchanges have buying orders and you are free to set the price of how much you want to buy and once the actual market price goes down, then for sure that your low price will be hit once it passes there or gets close to it.

You don't need a bot for that because that feature is in most exchanges. That's why that money you'll use in buying bot can be just added to your capital.

What you are suggesting to the OP is called a "buy limit" and you can place a buy order at the price you predict bitcoin will reach. But the problem here is that OP doesn't want to use centralized exchanges and unfortunately only centralized exchanges provide this feature. As far as I know, no decentralized exchange offers this feature.

But what I also wonder is using Bot means we need to have USDT in our wallet and OP said he hates centralization but meanwhile USDT is also a centralized altcoin. So what the OP asked for is very difficult to meet.

[Belarge]

Exchanges have buying orders and you are free to set the price of how much you want to buy and once the actual market price goes down, then for sure that your low price will be hit once it passes there or gets close to it.

You don't need a bot for that because that feature is in most exchanges. That's why that money you'll use in buying bot can be just added to your capital.

Bitcoin have broad path and having good entries will definitely take time, we should thoroughly require good positioning in the market. Our initial capital will bring losses and profits, it's all originates from the partial strategies generated. We have bots that are capable and positioned to trigger our orders without having any significant differences. You're absolutely right, exchanges and brokers have buying and selling orders, it's one of the good features and have enabled most traders to have solid ground in the market.

[mk4]

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

[dunfida]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

You could really have these options.

Since you dont like on leaving your coins in exchange platforms then the only thing you could really be able to make yourself aware when Bitcoin dips is that you could really be having those alerts.
You could set up even on those exchange apps on where they are really that giving some alerts where there's a significant drop or rise of price on which since you are always with your mobile
phone then you could always opt to buy when it dips. This is why it would really be just that depending on you on how  you would really be doing such actions.

For me it would really be that more convenient if you have set a buy order on a specific price point that you do like. Whenever you are away then those positions would execute.
It would really be that too convenient on making use of exchange platform.

[Learn Bitcoin]

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

However, he also mentioned in his post that he does not want to use any centralized exchanges because a centralized exchange can shut down before he comes back. I don't really see any other options, probably because I haven't heard anything like that before.

@OP, I don't understand why you are looking for a bot when you do not want to use a centralized exchange. You should not use any 3rd party apps or bots and you should not give them access to your wallet. When you are AFK, just enjoy the time. There will be more dips in the future, so get ready for that.

[Rabbitqt]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

To create the bot, you'll need the API of a centralized exchange so that you're able to place your buy orders. Then, you could create a script to transfer the bitcoin from the exchange to a wallet under your control.

Alternatively, you could set up triggers on TradingView and manually purchase the BTC from an exchange, then send it to your wallet. Either way, you'll be using an exchange unless you're willing to risk offline deals or use Bitcoin ATMs.

[Ultegra134]

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

This is exactly your solution. You don't need to overcomplicate things, especially if you're using centralized exchanges. I've also missed some opportunities because I was asleep, at work, or simply couldn't access my phone, and I could have prevented it had I used a limit order. Still, that isn't as good as being present when the dip occurs because your limit order might still be too high and you end up purchasing at a higher price, but at least it'll save you the trouble of completely missing out.

You sound a little too paranoid, claiming that CEX may have collapsed by the moment you return. It's a bit ironic when you claim that you'd use a bot to trade for yourself. Another user mentioned using alerts, but that doesn't guarantee anything. What if you don't have internet access at the moment, or access to a phone or computer, or because you're simply sleeping? Although the idea doesn't sound bad, I don't think it's always applicable.

[mk4]

However, he also mentioned in his post that he does not want to use any centralized exchanges because a centralized exchange can shut down before he comes back. I don't really see any other options, probably because I haven't heard anything like that before.

@OP, I don't understand why you are looking for a bot when you do not want to use a centralized exchange. You should not use any 3rd party apps or bots and you should not give them access to your wallet. When you are AFK, just enjoy the time. There will be more dips in the future, so get ready for that.

Well yea, because there isn't any other solution. I don't think you can really automate a P2P buy without having things break on you every time knowing how much things can potentially break(and potentially lose money) when automating a peer-to-peer transaction that includes interacting with another person using a bank account.

And yes, centralized exchanges do collapse from time to time, but the chances of you getting screwed over are very low if you're just setting up offers for a long weekend or something; also take note that I'm pretty sure you're not setting up weekend buy offers with a huge chunk of your net worth.

[gunhell16]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

If you really want something that you are in control of, there are only two options I can see, that is to use Dex or buy a hardware wallet. Now, if you want to buy Bitcoin you
can still do your own research.

But I have something to give you that may have already been given by one of the commenters here in this section. https://bisq.network/ as far as I know,
registration and kyc are not required there but you can make a transaction, just double check dude.

[pinggoki]

If you see that the price of bitcoin dips more than ever compared to it's price last day then you might want to consider buying, basically you're just still doing DCA but the only difference is that the lower it gets, you're buying more in relation to how low it is currently and how fast it goes down. The only way that you can take advantage of dips is when you've got a lot of money so you get more bang for your buck with your bitcoin. Just remember the adage, buy low, sell high and you're good to go. Regarding bots that buy in dips, it's probably been done with the same trading bots already, just need to configure it so you can buy when the price is going down.

[PrivacyG]

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

I would refrain from doing this.  There are a few bots that supposedly work properly, but then there are a LOT of bots that end up either scamming you out or messing you up.

A bot is a bot.  There are actions that may be triggered in error.  This could end you up with a lot of money spent on something you did not want to buy.  And who knows.  While you are sleeping something insanely bad may happen to Bitcoin, every body is selling for real for the first time and you are the only one spending your money on a Cryptocurrency that is falling down bad.

You do what ever you want.  But I would not trust a bot with my money and particularly with my Bitcoin holdings.

[legendbtc]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

If you really want something that you are in control of, there are only two options I can see, that is to use Dex or buy a hardware wallet. Now, if you want to buy Bitcoin you
can still do your own research.

But I have something to give you that may have already been given by one of the commenters here in this section. https://bisq.network/ as far as I know,
registration and kyc are not required there but you can make a transaction, just double check dude.

But what OP wants to ask is is there any way he can buy bitcoin at a low price every time the market corrects and he's not there? And your suggestion that this bisp decentralized exchange can meet OP's requirement? I don't use Bisp often but if I remember correctly it doesn't have the feature the OP is asking for. The feature OP wants to ask about only works on centralized exchanges but he doesn't want to use centralized exchanges. And this shows that DEX only ensures our privacy, otherwise it has too many disadvantages compared to CEX.

[m2017]

~snip

You can only miss the bitcoin drop and a bargain at this moment if you are traveling in the Amazon jungle, where there is no electricity or internet. It is impossible to imagine the life of a modern person without constantly having a phone with the internet in his pocket. So take advantage of this and buy bitcoin from your phone. What problems might there be? This can be done outside of centralized exchanges. There are plenty of services that allow you to do this.

In fact, the moment of falling is not one single moment per cycle. There will be many moments that are profitable for buying, and I am sure that one of them will be caught and the difference from the maximum drop will differ by several percent.

When investing, I would not trust the purchase to bots, because if a failure occurs, you will strongly wish for this intention. It's best to do this manually.

[LogitechMouse]

~
Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Well, putting an early order on centralized exchange is your best choice when you're busy 24 hours a day. Busy people will always be busy, but if you really want to buy, you can spend a few minutes of your time to keep yourself updated on the price of Bitcoin. I'm a busy person as well (I'm having sleeps of lesser than 6 hours already which makes me groggy all the time) but still, I'm allotting at least a few minutes of my time to keep myself updated. Can't you do that?

Using a centralized exchange and putting an early order is the best option for you. The market will not adjust base on what you're doing lol. The market doesn't care about you, or what you're doing. You're the one to adjust if you want to buy when the market is dipping. You aren't active in the crypto space, but you want to buy? If you want to buy, have some time. If you want profits, allocate some time. If you want to buy Bitcoin, use a Centralized exchange if you're "BUSY", and use a DEX if you prefer to be anonymous.

Already shared my opinion, and what you want will not work for you. All of us who want to make profit in crypto allocated some of our time to keep us updated with the happenings on the market including corrections.

[kentrolla]

Isn't it too demanding ? Either you need to set price reminders and take appropriate action on buying the dips or need to set buy orders at lesser price in centralized exchanges and when you say you will be away and CEX can shutdown by the time you will be back does it mean you will be away for decades or years? Instead of hassle I would suggest you doing DCA as that's more safer and hassle-free.

[Marvelockg]

Do you need to be on the forum before knowing the price  of Bitcoin? Except you are in an environment with little or no Internet connection, knowing the current price of Bitcoin isn't something that's complex or that necessarily mean that you have have to leave your money in an exchange. I know the possible issue you might probably consider is you might not be consistent some weeks and then Bitcoin dips to the level you will normally want to buy to put yourself in a profit but doesn't that seems like a very complex scenario that you're putting yourself into? If you have the resource handy, you can still buy at this current price instead of waiting till Bitcoin dips to a comfortable point you would normally want to buy considering the fact that it might or might never dip to that point or that this current price could be the best DIP you would normally witness theouout the year.

From the price movement of Bitcoin, it's certainly showing a positive sign that it's going to increase from this $66k range it's been revolving around for a while now and with the halving gradually approaching, this could be a good dip to start Buying.

[pawanjain]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

If you don't want to use centralized exchanges then you can manually purchase bitcoin yourself.
You can create a telegram bot that keeps notifying you of the dips and then you can make the bitcoin purchases.
If you are not available to buy then add binance API to your telegram bot that make purchases during the dips.
Once you are available then you can transfer those coins to your main wallet.

[Eternad]

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

His problem will be solved easily if he will use CEX but he mention specifically that he doesn’t want to use CEX due to the danger of closure of exchange once he far away when he leave his funds in the exchange for the limit orders.

His other option is to use bot that can be integrated on decentralized exchange such as Bisq. But I’m not sure if there’s available bot in the market right now because there’s no demand for this due to CEX which can be use as an easy fix to solve OP dilemma.

[GbitG]

Fun fact: Some centralized exchanges are safer than trading bots when it comes to making trades when you are away and might come back at a later time.
 
So, if you say you are not going to use a centralized exchange for the reason that you are mostly away and you may come back to see the exchange has gone bankrupt or is closed down, I would say a bot would have more risks than that. You barely have a lot of options based on your requirements, so I would say you should go for a reputable centralized exchange such as Binance to make that work. You can easily place a limit order at your desired price, and it will get filled if Bitcoin manages to dip to that point.

[Ale88]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

If you want to know when bitcoin is dumping just download an app and set notifications: you choose the value and when (and if) bitcoin reaches that number you simply get a notification and you know it. Otherwise you can just set some limit orders on some exchange and, again, if and when bitcoin
reaches that value you automatically buy without being online. You don't need a bot to do this type of stuff.

[_BlackStar]

If you really care about privacy and don't have a few minutes in the 24 hours just to check price - have someone volunteer to monitor prices for you 24/7. But if I were in your position – downloading one of the portfolio tracking apps seems like a good solution for me to try, at least I can set a notification alarm when the price I want is touched.

You could also try this - I think it will help.

Code:

https://www.coingecko.com/en/portfolio

[Maus0728]

How long are you going to be away though? I think that even with an advanced trading bot that would buy for whenever the dip happens, you still need to check on it on a regular basis. I don't think there's even one that would suit what you need because it seems that you're going to be going away for a really long time. Hope that you'd find what you're looking for though and good luck because you're going to need it since there's not really a lot of these specific bots that are in here, that is even if there's one in existence. Maybe you can reconfigure the commercially available bots to your preferences since most trading bots have that feature too.

[Woodie]

.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

The secret to this is knowing your technical analysis and employ a good risk management, and once you have this you can put in your pending orders that will fill once price pulls back (dips) to your price...just avoid buying at a premium.

.
A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Very much possible, by the way a simple limit order or stop pending order can help you just depends if you buying to hodl or its leveraged trading you are after.

 

.
Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Buy from a centralised exchange then move coins to a non-custodial wallet, problem solved.

[Crypto Library]

I have never used a trading bot and also never done bitcoin short-term trading with a decentralized wallet. But as much as I think if you want an automatic system then you have to use bot to set the target price beforehand according to your strategy and where your wallet should be near one kind of access bot. On the other hand another way is to use centralized exchanger which you don't want. If you have to trade in decentralized way with high trading fee using bot, then I think it is better to use centralized wallet. The difference here is that the third party bot has taken access to your wallet in one case and on the other hand your funds have to be deposited with the third party. If you want to do de-centralized trading, you can trade manually using the above suggested telegram bitcoin price notifier bot, it will be the best for you.

[Rikafip]

You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

He explicitly said that he doesn't want to use centralized exchanbges so limit orders are not an option.


@OP I am not sure that you will find the quality solution that meets all your criteria, imho you will have to make some compromises or simply forget about the idea. I personally woulnd't obsses about it so much as I don't think that it matters much in the long run if you are buying bitcoin regularly.

[avikz]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Not sure about bots but there are exchanges where you can place "limit orders". Which means, you place an order to buy bitcoin at a specific price given by you. If Bitcoin reaches that price, you order will be executed and you will have your bitcoins. You can do your own research on the exchanges as I not going to promote any exchange here. But this is very much possible.

But usually these order come with an expiry. So check about the expiry before you place one. Once an order is expired, you can place a fresh one. Unless the orders are executed, you will not have to pay any brokerages either. So it's a win-win scenario for you.

[boyptc]

What you are suggesting to the OP is called a "buy limit" and you can place a buy order at the price you predict bitcoin will reach. But the problem here is that OP doesn't want to use centralized exchanges and unfortunately only centralized exchanges provide this feature. As far as I know, no decentralized exchange offers this feature.

But what I also wonder is using Bot means we need to have USDT in our wallet and OP said he hates centralization but meanwhile USDT is also a centralized altcoin. So what the OP asked for is very difficult to meet.

If he don't want to use centralized exchanges then it's hard for him to do it so. He has to spend for some bots out there since I don't use them as it's with extra pay, it's better to do that buy limit.

Bitcoin have broad path and having good entries will definitely take time, we should thoroughly require good positioning in the market. Our initial capital will bring losses and profits, it's all originates from the partial strategies generated. We have bots that are capable and positioned to trigger our orders without having any significant differences. You're absolutely right, exchanges and brokers have buying and selling orders, it's one of the good features and have enabled most traders to have solid ground in the market.

But it's said that he don't want to use it so either use it or not and find other methods that he's able to buy while not being active with his trading accounts.

Well, he should choose what might for him as we're just all suggesting the possible methods.

[Cryptomultiplier]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Am sharing a link so you can read up on how Carbon DEX works and it would be to your own discretion to know the bots assistance functions according to the details you have in mind.

Here's the link:
https://cointelegraph.com/news/automated-strategies-in-defi-the-future-of-trading-bots-detailed

Using bots can be good when they have already been set to execute certain orders at the time due.
Still, one can't be afraid to Invest in cryptocurrency because they fear the exchange might crash or steal the funds. While that is noted, going away for a long time might work best if we have a trusted broker who we may have set up this plan with, so all I do is send the funds and he does the rest during the dip market season.

[Ndabagi01]

I am just imagining how busy you are that you won’t have time to come online and check for the price of bitcoin whether it’s on dip at that time. I would have said you don’t really need the bitcoin or want to buy it, because if you prioritise it, you will create time for yourself to always check for the price from time to time in order to get to buy at a dip. A dip sometimes takes up to a week or more then, I just can’t fathom how you’re going to lose this opportunity to buy at dip when it comes around.

About bots or something to trigger the buy when it comes down to the price you want, I haven’t heard of that or think there’s anything like that existing currently. Although, you can always set up notifications on popular crypto websites to alert you when the price reaches a particular level you want to buy or can even set that up on centralised exchanges that you’ll be buying from.

[Odusko]

If you are someone who is always away from the Internet and you want to buy Bitcoin at such a low price then what you should do is to have a pre order opened in the price you want Bitcoin to reach and your order get automatically filled, this way even if you are not around, the exchange auto execute the order same as stop lose features also.

[oktana]

Firstly, you should know that you must wait till Bitcoin is dipping before you buy it. You can buy it at anytime. However, if you don’t want to use centralized exchanges, then what you can do is to turn on price alerts so when the price gets to where you wish, you get notified and you make the purchase. Other than this, you may then want to build your own software.

[avp2306]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Nope your not an idiot for that your concern is valid since you want to know something especially you seek for dip to accumulate. But if you are away maybe you should not think about other things like buying bitcoin since you might just stress for useless thing with that. Just accumulate when you are available or you can watch how the market goes since this is much advisable for you to do.

But if your intention is to hold then maybe you don't need to wait for the dip. Just accumulate when you think you can afford to do that and comeback next time to accumulate when you are again ready to grab some new balance to add some volume on your holdings.

[bluebit25]

One of the potential risks of using bots is leaving your funds on centralized exchanges. While automated buying is tempting, it is extremely dangerous to your independence as a self-taught investor. You should also avoid using price alerts from platforms like coingecko or coinmarketcap which are not very reliable or effective, especially if you do not actively monitor them.

If you need some advice then you should make a regular investment plan, such as once every week or two. Using DCA as an investment strategy allows you to accumulate Bitcoin steadily over time, rather than trying to perfectly time market fluctuations. It is a much safer and more reliable option than relying solely on predictions.

[Ayers]

What you are suggesting to the OP is called a "buy limit" and you can place a buy order at the price you predict bitcoin will reach. But the problem here is that OP doesn't want to use centralized exchanges and unfortunately only centralized exchanges provide this feature. As far as I know, no decentralized exchange offers this feature.

But what I also wonder is using Bot means we need to have USDT in our wallet and OP said he hates centralization but meanwhile USDT is also a centralized altcoin. So what the OP asked for is very difficult to meet.

If he don't want to use centralized exchanges then it's hard for him to do it so. He has to spend for some bots out there since I don't use them as it's with extra pay, it's better to do that buy limit.

The Bot will also not work in this case because as I said he wants complete decentralization but to use the Bot requires USDT and USDt is a centralized stablecoin.

I am just imagining how busy you are that you won’t have time to come online and check for the price of bitcoin whether it’s on dip at that time. I would have said you don’t really need the bitcoin or want to buy it, because if you prioritise it, you will create time for yourself to always check for the price from time to time in order to get to buy at a dip. A dip sometimes takes up to a week or more then, I just can’t fathom how you’re going to lose this opportunity to buy at dip when it comes around.

About bots or something to trigger the buy when it comes down to the price you want, I haven’t heard of that or think there’s anything like that existing currently. Although, you can always set up notifications on popular crypto websites to alert you when the price reaches a particular level you want to buy or can even set that up on centralised exchanges that you’ll be buying from.

You have a point, he could use an app like CMC and set up alerts; when the market fluctuates, it will notify him. It's puzzling that OP is so busy that she doesn't have time to check bitcoin prices.

You don't need a Bot if you use centralized exchanges like Binance then you can buy bitcoin at DIP price just using the "buy limit" feature. But this only works on CEX, DEX does not offer this feature and this is one of the many limitations of DEX.

[Learn Bitcoin]

And yes, centralized exchanges do collapse from time to time, but the chances of you getting screwed over are very low if you're just setting up offers for a long weekend or something; also take note that I'm pretty sure you're not setting up weekend buy offers with a huge chunk of your net worth.

I am not going to use centralized exchanges to buy Bitcoin. I don't remember using them for such purposes. I always sell using centralized exchanges, and my funds stay there for a few minutes to an hour, sometimes a day max. Even though I use centralized exchanges, I never bought BTC from them because I don't want to hold my crypto on centralized exchanges. Their withdrawal fees are crazy, too.

All of my investments are savings from my signature earnings and salary. Signature campaign payment works like DCA, and I am very much okay with that. I also don't want to rely on the bots because it's a 3rd party program.

[michellee]

You can place a buy order at many low prices to fill your order immediately when the price decreases. You can buy Bitcoin on a centralized exchange for a while and then send the Bitcoin to your personal wallet. But if you don't have time to buy Bitcoin, you should wait until you have time and buy it straight away.

I would prefer to do that rather than use a third party bot. That's the same as me taking a risk with my money. Moreover, if you use a centralized exchange, the Bitcoin you buy will only temporarily stay on that centralized exchange. You don't need to store your Bitcoins on a centralized exchange.

Everything comes back to you. We all have free time, which we can use for other things, like investing in Bitcoin. If you really intend to buy Bitcoin, find a time that is suitable for you during your busy schedule.

[God bless u]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

That's really simple Nowadays. What you can do is go on the best exchanges. There you would see an option of auto buy fiat. When you will avail the option it'll ask you at what amount you want to buy the fiat and then at what amount you want to sell it.

Go on the Internet and see the predictions of the dump at what price the dump will end. For a safe site keep the fiat amount a little higher. Then it'll be automatically buyed you don't need to look again and again into the market What's the price now and blah blah.

[KiaKia]

OP, the feature you are looking for doesn't exist, the reason why people leave thousands of dollars on exchanges is for trading purposes, and they place their orders hoping to get filled hours later or weeks later, it's either you buy directly from a centralized exchange or not.

Even if such bots do exist, they are not always safe, they can be used to scam you or take over your computer, I don't like bots, they expose you to greater threats on your computer.

If you are scared of exchanges rug pull there is a solution, go with the top old crypto exchanges, like Binance, and deposit only the amount that you want to use to buy Bitcoin and wait for the orders to fill, even if you travel down to where there is no internet your orders will be filled by the time you get back home.

[Wexnident]

~

A price trigger bot would probably safer? I mean god knows what a bot can do mistakenly when it hits a specific alert. I know logic-wise it can be pretty simple but there are a lot of weird quirks out there that can result from a seemingly normal coded trigger that you made. Especially since the coins wouldn't be in a centralized exchange, so you wouldn't even be able to use any existing bots that the exchange uses that they might make that offer what you want.

In all honesty though, If you were looking to take advantage of dips you'd be doing it when you're actively looking at the market in person. Where you're suited to actively trading, and not when, well, outside. If you're pertaining to the general "buy the dip", then that's mostly for buying in the long term imo, and by then you'd just actively buy out by comparing the current price to the overall general trend for say, a month or a year. Like where we are right now, wouldn't exactly call it a dip if you were to compare it to a year ago.

[Blitzboy]

Happy about buying Bitcoin's dip? Smart. The finest deals occur when everyone panics.  I understand that you cant be everywhere at once. Automation helps. You’re not an idiot for asking - its a smart move. Imagine setting your target price and having your deal instantly executed. No intermediaries, no delays. You're in control.  Trust Bitcoin, guys. Long-term investment pays off. Smart, automated thinking lets you focus on greater deals.

[btc78]

The two ways I can think of that could help you buy in your target price is using trading bots but like a lot of people have said that is extremely risky. Just finding a safe and effective trading bot is hard as it is not to mention it would probably be very expensive.

There are telegram notifications I know that notify you when bitcoin reaches a certain price but telegram are prone to having scams and harmful links. Bottomline: there’s nothing safer than placing the order yourself when you see the market dip. It might be regretful but it’s the only way if you don’t want to install anything on your system.

[kryptqnick]

The dip is usually something that's actually around for a long time. I think it's not important to chase the very bottom because it's often visible only in hindsight anyway, and there's no need to be greedy. Looking at previous cases, Bitcoin cost around $4k for 4 months in a row in 2018-2019, and less than $10k for 4 months in a row in 2019 as well. More recently, the price was below $25k for over 7 months in a row in 2022.
I think several months is more than enough to invest, even with irregular attention to the market.

[tyz]

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

The concept of buying Bitcoin at the dip refers to purchasing the cryptocurrency when its price experiences a significant drop, with the expectation that it will rise again in the future. This strategy is based on the belief that Bitcoin's value will recover and potentially increase over time. However, the challenge is that nobody can say when a correction is really over (has reached its low) and also not that the price will rise again afterwards. All we can say is that it has always been like this in the past, but that is no guarantee that it will be like this in the future.  This leads to the question of whether it's possible to buy Bitcoin dips.

[CryptoHeadlineNews]

The best way of taking advantage of BTC dip when away is simply by setting a notification of the target price you intend to buy or sell your Bitcoin, and when the time reaches, you just rush to go swap your coin from BTC to USDT or vice-versa, since you said you are scared of using the "limit buy or sell order" on a centralized exchanges, which most times always happen to be the most effective, as it automate the whole process for you. But however, this is a  strategy for those who intend to do day-trading, whereas, people who intend to save their coin long term, do normally buy Bitcoin whenever there is a general news about Bitcoin dip, as they buy in large quantity and then sell whenever there is a massive bull.. (i.e vice versa continuously)

[Vincom]

The best way of taking advantage of BTC dip when away is simply by setting a notification of the target price you intend to buy or sell your Bitcoin, and when the time reaches, you just rush to go swap your coin from BTC to USDT or vice-versa, since you said you are scared of using the "limit buy or sell order" on a centralized exchanges, which most times always happen to be the most effective, as it automate the whole process for you. But however, this is a  strategy for those who intend to do day-trading, whereas, people who intend to save their coin long term, do normally buy Bitcoin whenever there is a general news about Bitcoin dip, as they buy in large quantity and then sell whenever there is a massive bull.. (i.e vice versa continuously)

I'm not too interested in how to buy BTC at the bottom because we have a lot of options whether using CEXs or OTC or P2P. What interests me is how we can identify the dip of BTC price. In the crypto winter, we have many consecutive bottoms, when some KOLs just concluded that we have the bottom of the whole crypto winter, then a few days later we have a new lower bottom. This creates a fear sentiment in the market and people often don't dare to buy BTC because they want to buy more BTC at a lower price.

I'm not good at technical analysis, I only have time and a fairly stable income, enough to buy BTC every week so I DCA BTC from the 12th month after the peak of BTC. I use Binance and it has an automatic DCA feature, I hardly had to do much work during the crypto winter, I also have a more comfortable mentality while still making a profit from this long-term investment strategy.

[Casdinyard]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

I'm not sure where you live, cause this method depends on whether you're able to access Binance, but they have this feature that allows you to buy bitcoin and other cryptocurrencies and stablecoins on a timed and scheduled basis, meaning you don't gotta open the app anymore, and the app itself will just take it from your wallet or your bank account. This is exceptionally good for people who are into DCA method, which means they always have to have the pulse on crypto regardless of how much bitcoin is at the moment cause this means they can just buy bitcoins without the need to open the app or be in the computer and access it.

Although I think this is a little too much especially for people who are wary of their security and their money's safety, cause when I tried this once I was scared shitless when I couldn't find out where the money was drafted lol.

And if you're looking to create a bot that would buy when it gets triggered to a certain price point, it's good enough but couldn't you just schedule your buys, which is an even more mindful and more secure way of getting a stake at bitcoin? Just my opinion though.

[Yukyzu]

The concept of buying Bitcoin at the dip refers to purchasing the cryptocurrency when its price experiences a significant drop, with the expectation that it will rise again in the future. This strategy is based on the belief that Bitcoin's value will recover and potentially increase over time. However, the challenge is that nobody can say when a correction is really over (has reached its low) and also not that the price will rise again afterwards. All we can say is that it has always been like this in the past, but that is no guarantee that it will be like this in the future.  This leads to the question of whether it's possible to buy Bitcoin dips.

Buying Bitcoin when the price is decreasing will be able to benefit us when the price increases again because we all believe that the price of Bitcoin will increase again even if there is a decline and we also have to be able to hold onto the assets we own so as not to sell them when the price is low. experience a decline in order to achieve the investment target that we are carrying out, if they believe that Bitcoin can experience an increase again after a decline, of course they will remain confident in continuing to buy it and hold it until it reaches the target price they set in order to make a profit.

[hZti]

The best way is to DCA and thats it.

[Synchronice]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Do you use centralized exchanges or decentralized exchanges? If you use decentralized exchanges where you have to make P2P trade, then you can't automatically but Bitcoin during the DIP but if you use centralized exchanges like Binance, Coinbase, Kraken and so on, then you can open an order with the price that you wish, i.e. you can open an order, put price 50K and when Bitcoin falls at 50K USD, exchange will automatically buy Bitcoins for you on exchange account. But you have to be lucky when you set this kind of order because if you set 50K as a base and price is 50 0001 USD, then your order will not be fulfilled.

[Spaceman1000$]

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Well, you can use the DCA method to buy the dip, you just have to have a certain investment plan with a capital in place for let's say six months. There are trusted centralised exchange like Binance, because most of the possibilities of what you want can actually be done with bot using CEX. However your not an idiot, your just an investor looking for flexible method to suit your investment schedule, which is quite
 understandable.

[Marvell1]

And yes, centralized exchanges do collapse from time to time, but the chances of you getting screwed over are very low if you're just setting up offers for a long weekend or something; also take note that I'm pretty sure you're not setting up weekend buy offers with a huge chunk of your net worth.

I am not going to use centralized exchanges to buy Bitcoin. I don't remember using them for such purposes. I always sell using centralized exchanges, and my funds stay there for a few minutes to an hour, sometimes a day max. Even though I use centralized exchanges, I never bought BTC from them because I don't want to hold my crypto on centralized exchanges. Their withdrawal fees are crazy, too.

All of my investments are savings from my signature earnings and salary. Signature campaign payment works like DCA, and I am very much okay with that. I also don't want to rely on the bots because it's a 3rd party program.

In short, you are not buying bitcoin on centralized exchanges because its withdrawal fees are too high for you, but you are still using centralized exchanges to sell bitcoin assets or cryptocurrency to receive fiat currency. You are still relying and relying on centralized exchanges.

I think there are many people like you, they are even secretly using centralized exchanges but always come here to slander centralized exchanges and say that they are not worth using. But in the end, they will still depend on centralized exchanges, we will still use them to a certain extent  .

[Yatsan]

If you have someone you can trust, by all means, then try contacting them to buy for you and tell them that you'd pay once you comeback on when you are again available. This is not to give them your private keys, they may store it on their wallet and just note the amount. If you don't have such friend they forget the dip and wait for your availability to invest. When it comes on dip, it won't be lasting for only a few seconds sometimes it would go for a week or longer and there's no need to rush given that the market won't recover in an instant. Always plan your entry and avoid FOMO to get rid of unwanted loss.

Call me an idiot, I don't care but I believe that this question deserves some answer.

I have been hearing about the importance of buying Bitcoin at the dip and something good strikes my heart.

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

Well, you can use the DCA method to buy the dip, you just have to have a certain investment plan with a capital in place for let's say six months. There are trusted centralised exchange like Binance, because most of the possibilities of what you want can actually be done with bot using CEX. However your not an idiot, your just an investor looking for flexible method to suit your investment schedule, which is quite
 understandable.

Well DCAs would really work such as placing a certain amount that would trigger your purchase in particular qith buy orders. If it would be bots then you are the one to do it or to pay someone to do it for you. However, by experience it would still be better to have your presence whenever there's a sudden deep 'coz the price is so unpredictable tht mighy fall lower than what you have expected qhich could either trigger your stoploss or eat up your margin.

[bettercrypto]

If the OP doesn't want centralized exchanges, his only option to buy bitcoin is to buy it on the Dex platform, and if he knows someone, they can make a transaction directly to the Electrum or Hardware wallet. This is the only option. see if way.

I just don't know if you have something else in mind that we don't know that only you know, and if so, let us know and share it with us. Unless someone pays you in Bitcoin, then in your centralized exchange it will be sent, right?

[leonair]

You don't need to be on the forum before you can know the price of bitcoin. You can get the price of bitcoin from the internet, as long as you are not where you don't have access to the internet. If you are planning to buy at the dip, you can be saving for that, and when the dip comes, you take advantage of it and you that money that you have saved to buy.

If you don't want to use CEX p2p, you can use DEX. But to put it straight to you, if you want to use centralized exchange, after buying through p2p you need to transfer your coins to a noncustodial wallet like electrum, blue wallet or sparrow wallet , where only you have access to your private keys, instead of leaving it in the exchange.

This forum was created just to have various discussions about bitcoin but at that time there were not enough people in this forum but slowly it has many members which is now more than three million.  However, it is not necessary to be a member of this forum to know about Bitcoin or to research about Bitcoin because it is very easy to know about Bitcoin and research about Bitcoin through various tools and websites on the Internet. Different people use this forum for different purposes which are different for different people

[Republikcoin.com]

This forum was created just to have various discussions about bitcoin but at that time there were not enough people in this forum but slowly it has many members which is now more than three million.  However, it is not necessary to be a member of this forum to know about Bitcoin or to research about Bitcoin because it is very easy to know about Bitcoin and research about Bitcoin through various tools and websites on the Internet. Different people use this forum for different purposes which are different for different people

Everyone who does research to find out more about Bitcoin obviously does not have to enter this forum although it would also be better for everyone if they want to enter this forum for knowledge and other purposes. Because it is true that everyone can immediately find out about Bitcoin through several well-known sites out there by just browsing on the internet. But there are also other unique things that are discussed in detail in this forum so that everyone can also find it very interesting to be in this forum for the sake of knowledge that they don't get out there.

[Stepstowealth]

Happy about buying Bitcoin's dip? Smart. The finest deals occur when everyone panics.  I understand that you cant be everywhere at once. Automation helps. You’re not an idiot for asking - its a smart move. Imagine setting your target price and having your deal instantly executed. No intermediaries, no delays. You're in control.  Trust Bitcoin, guys. Long-term investment pays off. Smart, automated thinking lets you focus on greater deals.

Automated thinking is obviously why bots were created and in any absence like OP has made us understand, trades can occur without his human input as long as he has set the boy in place.
Another option could be to use a good broker incase boys don't work but I guess this is debatable because trust might be a criteria that plays a big role here.

The best advice despite the dip is to buy and HoDL. For the times when there's a pump, you can still HoDL but if there's large investment portfolio that has been accumulated, it can be sold when the market is pumping so as to make profit.

[yazher]

I think it will be possible for you if you have ready your stable coins and set an alarm whenever the price reaches your desirable mark and just simply buy it whenever you have free time. Surely after the alarm, you will look forward to excusing yourself despite how busy you are just like going to the bathroom to relieve yourself. By that, you can buy bitcoins at its lower price and continue with whatever things that make you busy. People already know about this and they already made some apps for that for our convenience and you can look forward to it and choose from the variety of choices whatever suits you well.

[doomloop]

The dip is usually something that's actually around for a long time. I think it's not important to chase the very bottom because it's often visible only in hindsight anyway, and there's no need to be greedy. Looking at previous cases, Bitcoin cost around $4k for 4 months in a row in 2018-2019, and less than $10k for 4 months in a row in 2019 as well. More recently, the price was below $25k for over 7 months in a row in 2022.
I think several months is more than enough to invest, even with irregular attention to the market.

But, does that happen all the time? I don't think so, especially when the dip is during or around the bull run where you expect to buy the dip and the price will race up again after that, in such situations, a person might miss the dip if they are not around all the time just like OP. However, the solution OP is asking for is only available through centralized exchanges where one can place limit orders that will get filled when the price hits that point, and then the amount can be withdrawn.

I don't use decentralized exchanges but as far as I know, you can't place limit orders in decentralized exchanges so that you buy a coin at a certain price in the future and get the assets in your decentralized account even if you are away because you will need to make the payment at the time of the trade. Maybe some decentralized exchange can allow swapping tokens at a future price point but I don't know about any.

[FanEagle]

Buying? I mean it looks as if that seems like the most important part of it at the moment and I am not really considering any other way that would be a little too difficult to handle. I get that it may not be all that crazy to think, it seems like we should be considering it some different situation for sure. I believe that we can't really make it change any other way, and could be considering it a greater return in the end.

Lots of people consider that as a problem but we are forgetting that BTC is just a good investment for long term which means that you need to end up investing into it when it dips. A lot of people fear the price when things looks a little bit south, but that is actually exactly when it should be done better.

[Cookdata]

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Don't tell me to use a centralized exchange, been not active in crypto space means that a centralized exchange can collapse before you come back, I want something in my control.

If you have a better option, don't hesitate to share.

I don't know why you sounding harsh but you need to calm down to get a proper answer. The forum has never endorsed a centralized exchanges before and will definitely not suggest you anyone, if any suggestions comes from a high rank account is either don't know crypto or he is been ignorant.

Decentralized exchanges don't used book order, they simply swap/trade at the current price of Bitcoin, so it will be difficult to set a condition on any decentralized exchanges unless we have a decentralized exchange I'm not aware of that use book order.

The solution I will give you is this, make sure to set s reminder in areas where you think you Bitcoin price might crash or your area or interest of buy, so that when I the price hit that target, you can just use a Dex to buy without any stress. Coingecko is a perfect ideal for that or you might use any crypto trading platforms with notifications to set this up.

[taufik123]

-snip-
Lots of people consider that as a problem but we are forgetting that BTC is just a good investment for long term which means that you need to end up investing into it when it dips. A lot of people fear the price when things looks a little bit south, but that is actually exactly when it should be done better.

Taking advantage of every downturn opportunity to expand our Bitcoin portfolio, it is indeed better and will provide greater profits in the end.
When some people panic too much to sell their holdings, I'm too busy to keep buying and filling my bag with Bitcoin.

Now the price of Bitcoin does tend to be at the price of $ 68k and even yesterday also touched the price of $ 72k again,
this proves that the trend of bitcoin is still continuing.

If you don't take advantage of this good opportunity, then there will be no profit to be gained when the real bull run occurs.

[Franctoshi]

I like the fact that you don’t want the idea of centralized exchanges avoiding to store your coins on them is the best security step to take. Now the same bot you want is similar to this centralized exchanges because they need to hold your coins to buy the dip for you, I will strongly advise against it if there is something like that at all. Last time I heard Solana chain had it and when it got hacked people lost their funds on it.

I don’t know if there is something like an alarm reminder for certain price that you can set on platforms like coincegkco or coinmarketcap. The one I know of is the alert system used by traders on trading view and even that isn’t that useful if you’re not so active.

My advice is don’t wait for certain price just dedicate time like weekly, bi-weekly or monthly and just buy bitcoin at those time, it is way safer and better than any bot.

Since what op is asking may not be that easy to achieve with DEX, as keeping his funds on CEX poses a risk; Therefore, op needs to put some extra measures to achieve his goal, So I'm in agreement with you in terms of him setting a Buy Alerts within the zones he thinks possibly the price would reach should there be a dip, myself I use alerts to get notifications when there is price drops, and the best way to achieve this is setting up price alerts in the zone before the price level he wants to purchase his Bitcoin.

[GeorgeJohn]

You can only buy Bitcoin when you are available but when you are not available you cannot to buy bitcoin except you set alarm for yourself neither for the exchange you are using to buy the Bitcoin or the platform that you want to buy the Bitcoin so that when the particular price that you fix to buy is available they will notify you but in a process whereby you are not available don't think that you will be able to purchase a Bitcoin without this procedures point out.

You can use Bisq because you can sell at any exact price you want, I don't think there are no KYC P2P have buy order feature, both seller and buyer need to be available.

Bisq is a decentralized exchange, so technically it's under your control. The cons in Bisq is the rate, even you see the current Bitcoin price in many sites is $68K, but in Bisq it could be still at $70K due to low volume.

For alternative you can use bot that will send a notification on your email/telegram/sms https://cryptocurrencyalerting.com/bot/telegram

Then you send your coins to CEX, if you want to get the best rate.

the only way that he can get it right is by placing a notification neither for the email that they will notify him or from the platform neither the exchange alarm notification, these are the two places that they can easily notify him or her for buying of Bitcoin or any other coin and that can happen when you are being verified to the platform because if you are not verified I don't think that you'll be able to have their notification depending the kind of platform you are using.

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

that is right but most of the exchange is now I'm making use of P2P it is very difficult before you say exchange that is not making use of P2P for their transaction, but I think that this your suggestion is a perfect one someone can be easily purchase a bitcoin based on it limitation from the platform

[The Cryptovator]

If you aren't active, then you don't deserve to buy on dip since you are scared of centralised exchanges. I am not aware of such bots who can buy for you when you are away during the dip. It's a pretty simple answer, as you should know. You want to take advantage of the dip, and you don't want to be active and not use centralised exchanges as well. That is a kind of unrealistic question. So buy the next dip if you are away during the dip. That's how you have to accumulate. There is no other safe way to do it. Even if you use a bot, you have to trust someone unless you can code yourself. 

[Zaguru12]

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

that is right but most of the exchange is now I'm making use of P2P it is very difficult before you say exchange that is not making use of P2P for their transaction, but I think that this your suggestion is a perfect one someone can be easily purchase a bitcoin based on it limitation from the platform

Even exchanges that have P2P options uses this buy limit, what the post you quoted meant with P2P is that if the OP only uses the exchange for just P2P trading and that’s all which i think is the only thing the OP wants to use them for. Using any exchange to set limit order will require the OP to leave the funds there until that order his filled and be able to move the funds out and the OP isn’t cut out for that so that option isn’t available to him

[bettercrypto]

Buying? I mean it looks as if that seems like the most important part of it at the moment and I am not really considering any other way that would be a little too difficult to handle. I get that it may not be all that crazy to think, it seems like we should be considering it some different situation for sure. I believe that we can't really make it change any other way, and could be considering it a greater return in the end.

Lots of people consider that as a problem but we are forgetting that BTC is just a good investment for long term which means that you need to end up investing into it when it dips. A lot of people fear the price when things looks a little bit south, but that is actually exactly when it should be done better.

Yes, what you say is true, and many times the majority have said that when the majority sees that the price value of bitcoin or crypto is falling little by little, it does not mean that the ship will sink forever; that is not the battle and market game.

That's why we need to know something about this type of business industry that we live in so that we don't worry, because if we know what we live in, for sure there is no reason for us to worry because we know what to do in such situations.

[Assface16678]

Why do you need some bot? You can simply just set up limit orders on exchanges so your exchange account automatically buys when BTC's price reaches a certain price. Most half-decent centralized exchanges have a limit order feature; unless you're trading P2P.

that is right but most of the exchange is now I'm making use of P2P it is very difficult before you say exchange that is not making use of P2P for their transaction, but I think that this your suggestion is a perfect one someone can be easily purchase a bitcoin based on it limitation from the platform

Even exchanges that have P2P options uses this buy limit, what the post you quoted meant with P2P is that if the OP only uses the exchange for just P2P trading and that’s all which i think is the only thing the OP wants to use them for. Using any exchange to set limit order will require the OP to leave the funds there until that order his filled and be able to move the funds out and the OP isn’t cut out for that so that option isn’t available to him

Why not use spot trading? And set a buy limit and a sell limit? I think what OP is saying can be possible in using binance, first the OP will need an stable coin in binance, it can be USDT for example, so lets say OP will not be active in a most period of time and ge do analysis of the market he can set a buy limit in specific range of bitcoin price lets say the price now of bitcoin is $27k then he can set buy limit at $69k or $70k range in that way if the bitcoin price hit that dip or buy limit then the buy will be automatic, and set a sell limit for example he set the sell limit in $75k then it will be automatically sell the bitcoin into USDT, so what OP is saying is possible he just need to be good at technical analysis and executing.

[Gaza13]

Buying? I mean it looks as if that seems like the most important part of it at the moment and I am not really considering any other way that would be a little too difficult to handle. I get that it may not be all that crazy to think, it seems like we should be considering it some different situation for sure. I believe that we can't really make it change any other way, and could be considering it a greater return in the end.

Lots of people consider that as a problem but we are forgetting that BTC is just a good investment for long term which means that you need to end up investing into it when it dips. A lot of people fear the price when things looks a little bit south, but that is actually exactly when it should be done better.

Here it is important for us to get monthly or additional income if this industry experiences a downturn to add to our long-term tiered investment ammunition. If we don't have any income, I think it will be very difficult to add this asset. the importance of regular purchases using the dca technique, indeed with dca we will get the best average price for owning these assets compared to the lump sum technique, This lump sum technique is good if we buy it correctly at a cheap price, only a few people are good at analyzing it and it's not necessarily 100% perfect, they could misinterpret the movement of this asset. It would be good if we really believe in this rare asset, we should buy it continuously, don't care about the current price, think about how this asset will fly in the next 5 or 10 years much higher than today.

[martinex]

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

Actually, it is easy to do without having to control the market all the time because we all here also have other daily activities to do, whether private or in the government.

My experience if the state of the market is sideways usually the price goes up and down with the longest duration up to 3 or 4 days at most. The fastest is 4 hours. So the trick is to get cheap prices without disturbing our daily work activities. Set a buy bid at a low price, just leave it until it hits, then set it again whether you want to sell or hold.

[kentrolla]

Is there anyway to buy Bitcoin dips when I am not available? So this come to my mind straight away.

Actually, it is easy to do without having to control the market all the time because we all here also have other daily activities to do, whether private or in the government.

My experience if the state of the market is sideways usually the price goes up and down with the longest duration up to 3 or 4 days at most. The fastest is 4 hours. So the trick is to get cheap prices without disturbing our daily work activities. Set a buy bid at a low price, just leave it until it hits, then set it again whether you want to sell or hold.

That's one of th safest one instead of sticking to the chart for hours and end up making wrong decision as calculated risk always helps us to avoid losses. The key to success is understanding the fact that we cannot be in profits all the day if we trade as it takes time we need tomset up a long term Target and shouldn't be worried about the daily fluctuations. I have even tri d doing multiple trades of small profit everyday and it was profitable but really difficult and it requires too much of our time.

[tbterryboy]

Do you need to be on the forum before knowing the price  of Bitcoin? Except you are in an environment with little or no Internet connection, knowing the current price of Bitcoin isn't something that's complex or that necessarily mean that you have have to leave your money in an exchange. I know the possible issue you might probably consider is you might not be consistent some weeks and then Bitcoin dips to the level you will normally want to buy to put yourself in a profit but doesn't that seems like a very complex scenario that you're putting yourself into? If you have the resource handy, you can still buy at this current price instead of waiting till Bitcoin dips to a comfortable point you would normally want to buy considering the fact that it might or might never dip to that point or that this current price could be the best DIP you would normally witness theouout the year.

From the price movement of Bitcoin, it's certainly showing a positive sign that it's going to increase from this $66k range it's been revolving around for a while now and with the halving gradually approaching, this could be a good dip to start Buying.

The forum is not a good source to know the price of BTC since it doesn't display it but it's a good sign for it be implemented. If he has a little or slow internet connection, then there are much lighter sites outside than this forum that he can access easily but if he have no internet connection, he won't be able to access any of them.

Maybe for him checking the price is not easy because he have a hectic schedule but what you said there of leaving money inside the exchange seems like a genius solution to this problem because if he has a money that is left there, he will check it and he will also see the price of Bitcoin from there. It would be better if he can state his comfort buying price so that we will know if it's possible or not.

[hd49728]

The forum is not a good source to know the price of BTC since it doesn't display it but it's a good sign for it be implemented. If he has a little or slow internet connection, then there are much lighter sites outside than this forum that he can access easily but if he have no internet connection, he won't be able to access any of them.

If he has problems with Internet connection to check Bitcoin price on other sites, applications, he will have same issues to access Bitcointalk. So whether Bitcointalk forum has a live price update, he will have difficulty to get it.

If problem is from Internet connection, solve it first, no other ways around before you get Internet connection. If can not solve it yourself, you only can make a phone call to someone else with good Internet connection and give you a price update.

[Skybuck]

Easy: vitex.net a first generation dex

1. Place (limit=automatic up to year 2024) buy order:

60000 usdt

[Nrcewker]

I don’t believe in any types of bot, when comes to investing and when my real money is involved. These bots never can be trusted, as they might behave inappropriately many times I see. What you can do instead is that skip that current time of dip. Bitcoins always go up and down in price. Hence it’s alright to skip at certain time. Moreover buying Bitcoins doesn’t take more time also. Hence if you are really busy also, then just set price alerts when the price falls down, and buy the coin.

[Dzwaafu11]

What if I can't be available when Bitcoin is dumping? What if I am away because in reality I am always busy, you can tell how epileptic my activeness on this forum have become.

If I understand you correctly, you are thinking that if you are on the forum, that is when you will know the price of bitcoin, which is not like that. Even if you are not on the forum, you will know the price of bitcoin, but for you to know how you will secure your investment and when to buy and when to sell, if you need correct and legit information about bitcoin and other cryptocurrencies, this forum is the safest place because the crypto space is a large community and different informations from different sources you will come across, so it is better you find a place to get good information and by visiting the forum you will do that.

However, if you really want to buy bitcoin, you must check the price of bitcoin anytime, regardless of how busy you are. You must check the price that will not take you even an hour. So since you really want to invest in bitcoin, you must have time for it; furthermore, my advice is for us to learn about the risks before investing. 

A bitcoin buy the dip bot, that can trigger a certain price when I am away, is this possible?

Bot? This is not advisable, man. You really want to invest in bitcoin. You have to be ready for it. Don’t put the use of a bot in anything you want to do in the cryptocurrency space. It will affect you in the long run. Why don’t you just check up on the market whenever it reaches a point where you can buy? Then you do that. A bot is never an option, and I have not seen or heard of a bot that will let you know when to buy. This is an investment, not trading.

Moreover, most investors have their daily jobs that they do outside the forum, but they still manage to give the forum some time to learn new things and know some other things that are going on in the crypto space. It will be good for you if you do that too.

[Obim34]

I do not think this is something difficult to handle neither there is a very long process attached to purchasing Bitcoin no matter how busy one is, would not take more than 3 to 5mins of one's day, can't be busy all day and not have even some few time to spare. One can likely put on a telegram bot chart price, once it gets to the actual DIP as wanted you can create a very little time to buy, to make things easier and faster you should have your USDT already deposited before time.

You can aswell buy the option of setting the order at the particular price DIP using a good CEX. Using the CEX is just for the buying process and not for holding, after then you can transfer out for proper storage.

[tygeade]

I don’t believe in any types of bot, when comes to investing and when my real money is involved. These bots never can be trusted, as they might behave inappropriately many times I see. What you can do instead is that skip that current time of dip. Bitcoins always go up and down in price. Hence it’s alright to skip at certain time. Moreover buying Bitcoins doesn’t take more time also. Hence if you are really busy also, then just set price alerts when the price falls down, and buy the coin.

I agree, the idea of leaving all your money into some software makes no sense. I have been around crypto botting world before and I can guarantee you that most of them made people lose money like crazy. I have seen people who literally lose thousands of dollars in a single move, all because the bot had a problem and not like the devs of these bots would pay for their bots mistake, they will just say you used it wrong, so it is a great business for them.

I think it is all necessary to ignore these all together. You can make your own trades, it is not that hard, the resources to learn how to be a better trader is out there, so if you could learn how to do that then you could potentially end up being a lot better as well.

[taufik123]

I don’t believe in any types of bot, when comes to investing and when my real money is involved. These bots never can be trusted, as they might behave inappropriately many times I see. What you can do instead is that skip that current time of dip. Bitcoins always go up and down in price. Hence it’s alright to skip at certain time. Moreover buying Bitcoins doesn’t take more time also. Hence if you are really busy also, then just set price alerts when the price falls down, and buy the coin.

It will indeed be more convenient and safer to set an alert on the price that has been set so that you will know that the price has reached the point you want.

I also use alarms for each price point you want, but you also have to be prepared to execute.
This is a good alternative if you don't trust bots or anything that is done automatically.

Some bots are also quite effective to use, but you need to know who and how they work and how others respond.
In DEX, many whales use bots to execute buy and sell orders and this is executed quite quickly compared to buying manually.

But it does not need to be used only to trade bitcoin or to be used on bitcoin declines, Just use CEX buy normally.