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

[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