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Author Topic: Dips are temporary but Bitcoin is forever.  (Read 496 times)
martinex
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May 10, 2024, 04:54:29 AM
 #21

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.

That's the moment that most traders and speculators are waiting for as momentum gets a good price, but the correction process also doesn't happen intermittently, sometimes there is a time when BTC rises until a week after the correction comes back and it's only temporary, exactly as you meant above.

The choice at that time is also sometimes confusing what coin / token to buy because at that time all prices are in the red all and the lucky ones are those who have fresh money in their accounts. For those whose stock money has been locked in the trading account, everything certainly survives and if possible look for more to buy it.

Most often when we have funds and buy coins / tokens on the exchange, the market corrects and it is often beyond our expectations.






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May 10, 2024, 05:06:30 AM
 #22

-snip-

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good.

-snip-

This is what most of us think, but we should also do a little exercise in humility and be aware that unexpected events happen, and that the trend of the last 14 years could change at any moment. We all expect a new ATH soon, but there is also a (yet very small) chance that the next dip under 60K could be the last time we see the price over that range.

Bitcoin is known to be the Plan B, but never make it your Plan A. And have a Plan C too, just in case...

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Crypt0Gore
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May 10, 2024, 06:22:45 AM
 #23

If there are no dips it will be difficult for newbies to buy Bitcoin, I bought a good amount of Bitcoin because of the dips in 2022, at the range of 17k which was a very good entry point for me.

While many beginners are scared of the dips it is a big opportunity for many smart investors, also without dips there will not be a pump, which is why you will see a 20 percent or 30 percent correction when Bitcoin starts to pump, every pullback is gearing up for further push up, the only different is the timing, it can take weeks or even month before it starts to pump again.

It's all thanks to the pullback or else Bitcoin won't make a lot of sense, it takes a long time before newbies understand the importance of correction in the chart, it is necessary for drawing in new buyers to buy at a cheaper rate, it is also important for future price actions.
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May 10, 2024, 07:19:45 AM
 #24

~
Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
This happens all the time. Cheesy

Kidding aside, I agree that dips are opportunities to buy even more coins. As long as we have spare money, I always recommend to accumulate, accumulate, and accumulate more coins. Imagine those who took the huge dip in 2022, already tripled their capital by just holding their coins. Every correction = opportunity. Every dip = chance for us to get much more profits.

On the other hand, I don't think that Bitcoin will be forever... or at least that's not how I think about Bitcoin. Who knows? We might see another cryptocurrency that's has the same features with Bitcoin, but better ones. I'm not against Bitcoin so don't criticize me, but with how the technology is evolving right now, there's a chance that it might happen. We just don't know when though, and if it will really happen.

 
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May 10, 2024, 08:29:41 AM
 #25

If there are no dips it will be difficult for newbies to buy Bitcoin, I bought a good amount of Bitcoin because of the dips in 2022, at the range of 17k which was a very good entry point for me.

I think many make the mistake of waiting for the perfect dip before they buy bitcoin. This mindset is based on the belief that the price of Bitcoin is too high. But you don’t have to buy 1 whole bitcoin, there is nothing wrong with starting small. You can slowly accumulate sats by buying small percentage of bitcoin over time.

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avp2306
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May 10, 2024, 08:49:14 AM
 #26

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.

Dip is normal occurrence of bitcoin or any cryptocurrencies that's why people should need to consider to learn its movement so that they could able to decide on what is their next action needed to do. Since if they get afraid in that condition which is normal for newbies then there's a opportunity lose every time they doubt then decide not to buy.

I do understand people where they came from and why they afraid for more dips since there's a lot of fuds will came and bad speculations will show up then this confuse them a lot.

So for them to avoid committing something that they regret later on. Better for aspiring investors to have continuous learning and seek if there's relevance on the information they get so that they can verify if they are just reading a wrong information and can still execute their investment plans despite of any condition exist in the market.

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May 10, 2024, 09:01:44 AM
 #27

It is important to buy the dip, the dip stand a chance for people to accumulate alot of a bitcoin into our portfolio. Dip always occurred frequently and people who has discretionary income or reserved always take advantage of every dip and add more to there stash. Just like those who bought btc late December 2022 when btc was below $20k, I guess they will be glad now because they have made x3+ profit of there Investment. and will still make more profit as the price keep growing.

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michellee
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May 10, 2024, 09:21:05 AM
 #28

Buying Bitcoin during the DIP is a good decision because it is a low price that will rise over time. However, not many people take advantage of that opportunity because they think the price will drop again. When they think like that and don't decide to buy it, they will miss out on buying in DIP.

Indeed, many DIP prices will occur so we don't know when the next DIP will occur. It would be better for them to be able to buy Bitcoin during the DIP, even if they only use small amounts of money. They can buy again when the price drops further and that is another good opportunity.

This Bitcoin price volatility must be used with the right so that we can accumulate more Bitcoins. Before the price rises, we can already have more Bitcoin. Once the price starts to rise, we can prepare ourselves to sell Bitcoin at the highest price.

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May 10, 2024, 11:05:58 AM
 #29

Aside from all the other great features of Bitcoin, this is one thing that sets it apart from every other cryptocurrency. Not every coin can come back from some kind of dip. Some coins dip very much and never return to how they were. Bitcoin went as low as $19k and still went back up to over $70k a few years later, but I can't say the same for the likes of Ethereum which had an ATH of about $4800k and since then, it has not been able to climb $4k again.
With bitcoin, you can be certain that with time the price will go back up.
Right now, bitcoin is speculated to get to a hundred dollars even though the price is around the $63k region.

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May 10, 2024, 11:22:55 PM
 #30

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
everything have it measure and the buying bitcoin when the price is low is good and it always be profitable to investors so what I'm trying to say is that we need to understand the system of Bitcoin investment before we go into it so many persons who does not understand it is people that panic 1 bitcoin is taking a correction so and it's not today the thing I've started it has started a long time ago so bitcoin investment is something that you will invest and remove your mind

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May 10, 2024, 11:34:33 PM
 #31

But, hey, Bitcoin doesn't stay forever, too.
Although for now, it's here to stay.

Buying Bitcoin during the DIP is a good decision because it is a low price that will rise over time. However, not many people take advantage of that opportunity because they think the price will drop again. When they think like that and don't decide to buy it, they will miss out on buying in DIP.
There are many scenarios that have proved that many investors have been looking to certain lower prices when Bitcoin is soaring. But little did they know, when they have actually witnessed that price action and the dip has come, they're not going to do anything because another mindset from them is there should be another dip of this dip. The meme on this thought is about "buying the dip with another dip or dipper or dippidity".  Cheesy

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May 11, 2024, 06:37:09 AM
 #32

Buying Bitcoin during the DIP is a good decision because it is a low price that will rise over time. However, not many people take advantage of that opportunity because they think the price will drop again. When they think like that and don't decide to buy it, they will miss out on buying in DIP.
There are many scenarios that have proved that many investors have been looking to certain lower prices when Bitcoin is soaring. But little did they know, when they have actually witnessed that price action and the dip has come, they're not going to do anything because another mindset from them is there should be another dip of this dip. The meme on this thought is about "buying the dip with another dip or dipper or dippidity".  Cheesy
If they don't act soon, they might miss out on buying Bitcoin. However, with current conditions, it looks like the correction will continue. The red candle is still in the market and affects other coins.

Buying during the DIP is good advice, but be careful when determining the purchase price. Another suggestion is to try to divide the purchase into several orders. This is to avoid another decline like the one we are seeing now.

By having multiple purchase orders, we can earn more Bitcoins. We can also lower the average purchase price so that when the price increases, we can see temporary profits.

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May 11, 2024, 06:58:48 AM
 #33

After the halving, we saw price dip, and many investors, especially newbies panicked and began to sale, because they hoped that price will surge after the halving, and it caused more dip, and the experienced investors were busy buying them up. So I totally agree that dip is temporary, that it's a matter of time and price will correct itself, then it'll begin to pump. This is so because Bitcoin has proven that it's a store of value and no matter how the price fluctuates on the short term, on the long term it'll surpass previous ATH and become more profitable to the holder.











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May 11, 2024, 08:18:32 AM
 #34

There are many scenarios that have proved that many investors have been looking to certain lower prices when Bitcoin is soaring. But little did they know, when they have actually witnessed that price action and the dip has come, they're not going to do anything because another mindset from them is there should be another dip of this dip. The meme on this thought is about "buying the dip with another dip or dipper or dippidity".  Cheesy
If they don't act soon, they might miss out on buying Bitcoin. However, with current conditions, it looks like the correction will continue. The red candle is still in the market and affects other coins.

Buying during the DIP is good advice, but be careful when determining the purchase price. Another suggestion is to try to divide the purchase into several orders. This is to avoid another decline like the one we are seeing now.

By having multiple purchase orders, we can earn more Bitcoins. We can also lower the average purchase price so that when the price increases, we can see temporary profits.
The market is currently uncertain or we should say that it's always been uncertain and unpredictable. But those that have always been regretful that they've never able to buy because they consider the current price to be high, they need to rethink their actions. They've always been like that and will never do anything to make themselves capitalize of the situation. And I think that even we see a plunge up to $20k-$40k price ranges, they'd set another example of when they're going to buy and like $5k-$10. That's always been the case for many investors that are waiting for the bottom, they want to buy in the bottom of another bottom.

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May 11, 2024, 09:17:46 AM
 #35

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way.
Dips aren't just a Bitcoin thing. We also have that in FX trading and Stocks. It's a common feature with trading and that's why we call trading in our local parlance – Up and Down. It goes up but doesn't remain there forever. It comes down but doesn't remain there forever also. I can say that of Bitcoin but not the entire cryptocurrencies. There are some alts that go down and that will be the end of such a project.

Quote
There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
Don't make it look like if this opportunity at buying low and now is missed there won't be another. There will always be a second chance. No one should take out a loan to invest in Bitcoin or any other alts no matter how unfailingly you think such an investment is.

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May 11, 2024, 10:14:08 AM
 #36

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.
everything have it measure and the buying bitcoin when the price is low is good and it always be profitable to investors so what I'm trying to say is that we need to understand the system of Bitcoin investment before we go into it so many persons who does not understand it is people that panic 1 bitcoin is taking a correction so and it's not today the thing I've started it has started a long time ago so bitcoin investment is something that you will invest and remove your mind

People just need to understand that dip is normal for bitcoin and there's nothing to get afraid for something like situation will exist. But instead people should know that once this condition occur then its time for them to monitor the market and do good decisions.

But sometimes there are people get easily panic when seeing that and hope they could able to realize that its wrong to get afraid on that situation but rather they should think about more proper ways on how to deal with those condition and convert those negative market movement into profitable condition if they do the right approach towards this coin. For sure once they experience a lot of things on their bitcoin investment for sure those skeptical people would provably understand what we are trying to say in this thread.

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May 11, 2024, 10:20:40 AM
 #37

Well, it's always going to be up to the person in which you are going to be taking the necessary signal of the "dip" as a sale. Mostly, it's a great sign to get a discounted price of an asset but you can never predict what is going to happen next knowing that the volatility of crypto is high.

With the simple analogy of supply and demand, if the number of people using BTC increases and the supply decreases, it's just a matter of time before it continues to rise in price.

It's each to their own, if you believe in BTC, then buy BTC. Simple as that.

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May 11, 2024, 12:11:02 PM
 #38

Sincerely oo had don a very great work with his writings but the trust is that, I’ve learnt not to sing the praises of buying or holding the dip because I’ve come to realize that, most of these sayings if buying the dip only triggers a lot of tensions and maybe regrets for people who can’t afford to buy the dip at some certain level.
I’ve come to realize that, one of the major reasons why people aren’t buying the dip is the finance and these has dragged me back to a thread I write some time ago that “without money, the knowledge is a waste” and not buying the dip when clearly seeing the potentials bitcoin has is a clear indication that knowledge without money is a waste.

 
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May 11, 2024, 02:36:15 PM
 #39

Bitcoin dip is but for a moment but bitcoin value is forever.The dip is an advantage to the market, during the dip investors uses every opportunity to accumulate more for the future.Every cyptro dip but not all return in price but bitcoin after the dip it still return in price.Bitcoin is an asset that appreciate it's price in the long term and it retain it's value.
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May 11, 2024, 03:29:01 PM
 #40

There is no better way to put this out here, DIPs are an integral part of Bitcoin that's a function of its volatility that should be embraced in a good way. It's just a temporary correction that gives intending holders the ability to buying Bitcoin at a much cheaper rate. The fact that it is caused by factors like market sentiment, regulatory uncertainty, macroeconomics indicators, speculations etc goes to show to a very large extent that it's just a temporary thing while Bitcoin in itself stays forever even after those correction.

Buy Bitcoin before the DIP, buy during the DIP, and buy after the DIP. Bitcoins isn't going anywhere anytime soon but most DIPs will be long gone and long gone for good. There are so many DIP price you can't buy Bitcoin at but you will always have those Bitcoin you bought during the DIP at an higher worth in the future, cease every opportunity of buying during the DIP, buy as much as you can at the moment cause DIPs are temporary but Bitcoin stays forever.

OP, I have seen that you understand Bitcoin to an extent, Dips are bound to happen thats why there are ia saying that Bitcoin is not get rich quick investment, volatility is even the major reason why bitcoin is in existence, if Bitcoin continue to pump in price some people may not have the opportunity to be part of the investment, dumps are created to accommodate more investors in the system,  dumps and pumps are part of Bitcoin for a reason, many bitcoiners know this already thats why most bitcoin enthusiast are not move by any kind of speculation, as bitcoiner I think we should be more concerned about increasing our portfolio at all time hence we have all it takes to do so because as we know already bitcoin is unpredictable but let's not forget to go for a longterm journey which is the best approach to be profitable in the business.

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