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Author Topic: What to do when there is a continues DIP  (Read 713 times)
stomachgrowls
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June 21, 2024, 06:58:29 PM
 #21

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?
DCA or accumulation!

This is something that you should gonna do on the moment that the market would really be having that correction but of course this one would really be applicable or something
that would really be ideal into those coins or projects on which you could really be that somewhat assure that you could really be able to see that it has a potential that would be
really be holded up for long term or simple does have that huge recognition and community support atleast. We should really be putting up into your minds that when it comes to price conditions
then it wont really be something that will really be having on a single direction.

What comes up should be going down and vice versa. This is why it would really be that always wise that youshould really know on how to deal up with things
and secure profits on the moment that you do have the chance not unless if you are holding for long term then it would really be having that different approach.
It would really be varying though.

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June 21, 2024, 07:09:06 PM
 #22

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?

In fact, these conditions can make people more enthusiastic to continue buying. Why should you panic if you can routinely increase the number of Bitcoins?

Investors whose aim is not to trade with the hope of making profits in a short time are very clever at taking advantage of situations like that, so that the level of panic like the situation you described is no longer felt. Honestly, this is the first time I have ever felt anxiety like that. When I bought at a price that I thought was low, it turned out that the price was not moving up, but down.

That's all I realize is a normal thing in the market.

R


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June 21, 2024, 07:19:18 PM
 #23

Bitcoin price fluctuates constantly, so people have different opinions on it. But if an investor learns about Bitcoin and decides to hold it, it can certainly be the right decision. Investors must keep their greed to a level in investing. When the Bitcoin price drops or goes to a bearish level, looking for more dips can sometimes be unwise because the Bitcoin price can go higher again at any time. Then he will lose his purchasing power. The investor should invest there keeping within a certain limit. If one buys Bitcoin and holds it for a long period of time then one can definitely make profit there. No matter what the Bitcoin price is, if someone does DCA then they can definitely buy more Bitcoins.

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June 21, 2024, 07:58:23 PM
 #24

Bitcoin price fluctuates constantly, so people have different opinions on it. But if an investor learns about Bitcoin and decides to hold it, it can certainly be the right decision. Investors must keep their greed to a level in investing. When the Bitcoin price drops or goes to a bearish level, looking for more dips can sometimes be unwise because the Bitcoin price can go higher again at any time. Then he will lose his purchasing power. The investor should invest there keeping within a certain limit. If one buys Bitcoin and holds it for a long period of time then one can definitely make profit there. No matter what the Bitcoin price is, if someone does DCA then they can definitely buy more Bitcoins.
For those people who do freak out are to those newbies or just new into this market on where they dont really know on how this market behaves or on how it do works because if you are someone whose been dealing up with this market for a while now and seeing these typical movements then you wont really be making yourself freaking out but if its your first time then sure you'll do. This is why experience and knowledge would really be something notable or comparable in between individuals specially on dealing up with this market on where it would really be that too hard since it is really that unpredictable.

There would really be only several movements that it could have on which moving up,down or consolidation. The key to success on here is that you should really know on how to make yourself act
on the moment that you would really be on such condition or situation on which it would really be that always an advantage into those people who do have that knowledge and skills or simply
does know on what they would gonna do on the moment that the market would really be on such movement. Instead on freaking out, they would really be rather checking or seeking
for some good entry or exits that they could be able to dive in.

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June 21, 2024, 07:59:36 PM
 #25

so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?
A true investor who believes in Bitcoin won't lose confidence at all. To them, this is a better time for them to keep buying as long as they have more funds to buy. If I had enough money right now, I would lump the sum into buying more. Meanwhile, I still retain my DCA approach at this present time. And am wondering if it could dip more so that I can buy more SATS with less FIAT.

Bitcoin price fluctuates constantly, so people have different opinions on it. But if an investor learns about Bitcoin and decides to hold it, it can certainly be the right decision. Investors must keep their greed to a level in investing. When the Bitcoin price drops or goes to a bearish level, looking for more dips can sometimes be unwise because the Bitcoin price can go higher again at any tiYme. Then he will lose his purchasing power. The investor should invest there keeping within a certain limit. If one buys Bitcoin and holds it for a long period of time then one can definitely make profit there. No matter what the Bitcoin price is, if someone does DCA then they can definitely buy more Bitcoins.
You're right here! When an investor fails to control their greed, they will end up missing out on either buying as the price dips because they are waiting for it to dip more or in the case of selling, they might end up not selling and taking their profit because they are waiting for the price to go up more.

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June 21, 2024, 08:25:26 PM
 #26

Of course, what must be done is to buy back with the reserve money that has been prepared.
But you need to see how the chart works, see where the strongest support will be broken so that the price will continue to fall.

Don't panic too much when you hold Bitcoin or a top altcoin like ETH, it will be a good opportunity to buy back at a very low price.
People who panic too much will just sell their holdings for a bargain.

Look at how the price of Bitcoin is now, it keeps dropping until it touches the price of $64k and that's an opportunity to start buying back.
I know not everyone can afford it because the reserves are not available or may have run out.
But reserves really have to be managed well so as not to miss the moment of deeper decline and buy it.

R


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June 21, 2024, 08:55:51 PM
 #27

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?
what I want to tell you in all is that when the price of Bitcoin is low and you will experience that the price is low after you have purchased a lot of Bitcoin you should not panic rather you should do purchase more of bitcoin to accumulate it to be high so that the when they price increases in the market you will have a lot of profit that is why many investors who invest in Bitcoin usually accumulated their bitcoin when they notice that the price is different from what the protects because they know quite  well if the price of Bitcoin increases they will make profit.

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June 21, 2024, 09:22:13 PM
 #28

~Snip
In fact, these conditions can make people more enthusiastic to continue buying. Why should you panic if you can routinely increase the number of Bitcoins?

Investors whose aim is not to trade with the hope of making profits in a short time are very clever at taking advantage of situations like that, so that the level of panic like the situation you described is no longer felt. Honestly, this is the first time I have ever felt anxiety like that. When I bought at a price that I thought was low, it turned out that the price was not moving up, but down.

That's all I realize is a normal thing in the market.
I don't believe at all that most investors (especially inexperienced ones) will accumulate on dips, while many of them will sell at a loss. I can say this because it is likely that not everyone is able to handle the risk of volatility, it makes them reluctant to place more capital in their investments.

Of course it would be good if they accumulated if there was a dip like now, but they need a sufficient budget. Not sure everyone can do it, even those who are experienced. To accumulate, you need a budget and this is something not everyone has. But for the best advice, try not to sell at a loss if you see a dip. Rest assured that the market will recover even if it takes days or months.

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June 21, 2024, 09:47:32 PM
 #29


There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?


When any investor wants to buy Bitcoin, they always want it at a low price because of the high or quick profits they are aiming for. It’s not bad to have that mindset, but the truth is that Bitcoin is not predictable. So, for anyone who wants to invest in Bitcoin, they should know that the price of Bitcoin is volatile. The price of Bitcoin can go up and down anytime, and that is why they always advise to invest what you can afford to lose.

Once the money someone can afford to lose is invested in Bitcoin, it will be hard to panic when it dipping further after being invested. The only reason many people panic when the price of Bitcoin goes down is because many of them invested more than they can't afford to lose. If anyone wants to make reasonable profits from Bitcoin investment, they should be ready to hold for a long time.

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June 22, 2024, 06:21:24 AM
 #30

Of course there is no need for a panic because it doesn't do any good to us and we can avoid it by equipping our selves with enough knowledge first. If you ask if we will continue buying, well it depends on our budget. If we still have more, then why not?

A dip is always an opportunity but if we are budgeting, then we can just wait patiently for the market to recover and rise. Also, if we have a knowledge, we can now stay to be realistic and don't just expect that when we buy, the price will then rise because we are now aware that cryptos are extremely volatile. It can also give us a confidence because we know that we already picked up a good crypto.

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June 22, 2024, 07:01:49 AM
 #31

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?
Judging from experience there is nothing you can do rather you keep buying or you wait for consolidation point before you buy again. But the best thing to do is to keep buying every dip along the way provided you have the funds, because the dip won't last forever. Although you have to be cautious about the project you are buying the dip because not all coins are worth buying the dip, some will dip and you might be thinking it is just an ordinary dip you won't know that the project is heading to rug pull. You have to make sure it's bitcoin or some serious alt coins that has real life use cases. It is only during the dip that you can be able to buy a reasonable amount of coins at a cheap price, if you truly know the worth of the project you are investing in, you won't panic when it dips and keeps dipping. Some dips are just caused by unnecessary fud and the moment the developers clears the air everything goes back up. That's why it's very good to always follow the social media accounts of any projects you invest on and be very active in their telegram announcement channels and other channels they use in passing out information to their community.

R


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June 22, 2024, 08:22:23 AM
 #32

Bitcoin investment is not for the weak or faint hearted people, if you can't withstand the pressure of the market especially when a DIP starts occuring then you save yourself the stress that is the reason why it is good to have long term investment plan so that even when you buy at a DIP price and the DIP continues, you won't panic because you already knew the price will skyrocket back again in due time. People that panick when a DIP happens are those short term investors and those that are still new in the system but someone who have witnessed the rising and falling of the market price will understand that it only takes patience while investing in Bitcoin because a Bitcoin investor can never be at a loss so far as they have long term goals.

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June 22, 2024, 01:29:23 PM
 #33

Just invest what you can afford to lose.

If you've invested your money and you're scared when the price decline, it means you're invest beyond what you can afford to lose. Instead of trying to accumulate more, you should do introspection how much money you can afford to lose, it's up to you if you want to sell your coins or waiting until the price rise. But the point is, you must understand yourself.



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June 22, 2024, 03:01:57 PM
 #34

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?

Are you expressing your own feelings through this topic? Because so far I have only seen new investors who panic more often when they see price drops, while they have had time to buy when prices have dropped a little before dropping more. Meanwhile, old investors who are mentally strong enough and have not wavered in their belief in Bitcoin will continue to buy without losing their belief in Bitcoin if they still have the spare funds to do so. So if your mentality is still fragile enough when you see the price drop in the market that it causes you to panic, train your mentality first before asking about everyone's belief in Bitcoin's price drop.

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June 22, 2024, 03:39:45 PM
 #35

During this dips, you can buy more Bitcoin if you still have more money. Investing in Bitcoin doesn't have to buy all-in at once but you should split your funds into some parts so when the dips comes, you can buy more Bitcoin. That helps you to reduce your price buy average so you can have more Bitcoin while you can use the same amount of fiat to buy Bitcoin. The correction seems to continue but we don't know how long this will stay at the market. But if in the next weeks the situation is change, that will be good for us because we can sells the Bitcoin we bought before but we can still holds it until the price rise higher. You don't need to panic to see the price is down because that will be a good moment to buy more Bitcoin. You must use that for your own benefits to have many Bitcoin.

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June 22, 2024, 03:45:36 PM
 #36

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?

Are you expressing your own feelings through this topic? Because so far I have only seen new investors who panic more often when they see price drops, while they have had time to buy when prices have dropped a little before dropping more. Meanwhile, old investors who are mentally strong enough and have not wavered in their belief in Bitcoin will continue to buy without losing their belief in Bitcoin if they still have the spare funds to do so. So if your mentality is still fragile enough when you see the price drop in the market that it causes you to panic, train your mentality first before asking about everyone's belief in Bitcoin's price drop.
Reaction will really be just that depending on how experienced you are or knowledge on a certain person on which it would really be that understandable into those people who have been on this market for a while
would really be already know on what they would really be doing and with this current market in compared into those who are really just that new on which they would really be freaking out on the moment that they've seen that the market really make some bad movement or simply making some dips. Instead on making some buyback they would really be rather that be that cutting up their loses which is really that too laughable if we do speak about those actions been made specially if we are talking about Bitcoin on which it would really be best that we should really be that accumulating instead on cutting loses.

Market could really be having that movement whether going up or down. It would really be just that a wrong mindset or belief that we would really be just that having a one direction movement of this market.
If there would be a dip then it would really be just normal that you would really be accumulating more. The only enemy you would really be that having is on the emotion and mindset that you would
be having on the moment that you are seeing that the market is really that going down. You would really be that hesitating on this kind of movement.

R


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June 22, 2024, 04:07:37 PM
 #37

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?

When investing in any asset, we want to make a profit, but in a volatile market like crypto, there is no guarantee that you will make a profit immediately, so before buying something you should consider situations where the value will not increase immediately and may decrease.

But many people like to bargain at low prices, but when the price drops they continue to doubt the price drop. Perhaps if we look at the clear goals of the investment portfolio in terms of expected profits, sometimes the change will occur. Movement of 10 -50% is acceptable and be patient as the investment is in an increasing state that can fulfill expectations.









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June 22, 2024, 04:10:45 PM
 #38

You can go to the futures market and short if you are sure it will dip. That's going to be risky but most probably the most satisfying you can do when you are certain to lose if you hold. The rest of us lose the value yet you win because you risk in leverage trading. I'm sure people are thinking of doing this already after seeing the price still is going down and the market they know will continue dipping.

This is the first time it happen that ATH is breached without halving yet. The market is really tricky, first they let you think the bull run is coming because the halving just over a few months ago. but the market is taking a dive.

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June 22, 2024, 04:20:44 PM
 #39

There are some investors that waits for a dip price to buy and when the dip comes and they buy but they begin to experience that the price is even dipping further, so is there a need to panic or continue buying at every dip price if you still have some reserved funds with you because even though many wish for a dip to happen in order for them to buy Bitcoin but there are investors that expects the price to skyrocket after buying so if the price continues to dip further, is it not going to make those investors to lose confidence that the price may later not increase again?
That you bought bitcoin in a dip price range doesn't suppose that  the price will have to skyrocket sharply just after. We can't be precise about where a deep might end before price starts recovering and if an investor buy at a level and it still goes dip then it should be an opportunity to buy further where the funds is available because the profit will be more for you when the coins starts to rise, with this am talking about bitcoin. With other alternative coins their dip could be a journey to the end of the coin ND that's where an investor should be harbouring any fear in a further dip situation but definitely not with bitcoin.

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June 22, 2024, 06:09:23 PM
 #40

Bitcoin price fluctuates constantly, so people have different opinions on it. But if an investor learns about Bitcoin and decides to hold it, it can certainly be the right decision. Investors must keep their greed to a level in investing. When the Bitcoin price drops or goes to a bearish level, looking for more dips can sometimes be unwise because the Bitcoin price can go higher again at any time. Then he will lose his purchasing power. The investor should invest there keeping within a certain limit. If one buys Bitcoin and holds it for a long period of time then one can definitely make profit there. No matter what the Bitcoin price is, if someone does DCA then they can definitely buy more Bitcoins.
I think investing and holding are determined by your budget, it depends on how much money you have and when you use that money.

And for how long you will not need this money? If you have an amount that you will not need for years, then you can invest it blindly in Bitcoin, but if you have a low budget and you may need your savings at any time, in that case, do your research, because then you may need to withdraw your money and in that case, if the market is down, of course, you may face a big loss.

New traders in the market think that trading is something that can earn monthly income, but that is not always true. Actually, trading is something which you can invest your saved money for some time which can bring in profit later and people with low income or low savings cannot do trading.

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