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Author Topic: What to do when there is a continues DIP  (Read 968 times)
mich
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July 09, 2024, 06:11:51 AM
 #101

Well now it is happening like this and we do want to sell our coins to not lose so much. For me I do not like to look at the price of Bitcoin when it is down. It just does not make me feel so well.
Just still HODL them and we will be ok. There is not a reason for us to panic right now. But you can buy some cheap coins if you have extra fiat.

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July 09, 2024, 09:45:53 AM
 #102

Well now it is happening like this and we do want to sell our coins to not lose so much. For me I do not like to look at the price of Bitcoin when it is down. It just does not make me feel so well.
Just still HODL them and we will be ok. There is not a reason for us to panic right now. But you can buy some cheap coins if you have extra fiat.
No one wishes to see btc price consistently dropping, even though we all know it’s inevitable because of its high volatility. However, since it’s happening at the moment, the best thing we should is to take advantage while bitcoin price is cheap. Buy when you have available funds but never resort into borrowing money just to make an edge over the market. And never dare to sell your coins lower than the price you bought it, instead be more patient while you continue holding your coins for your future profits.

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July 12, 2024, 08:45:53 PM
 #103

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 in a hurry to sell too soon? Then buying when it dip and it dip further after buying definitely one will panic and loss confidence, but when reverse becames the case where you are buying to hold for long term, buying at the dip and it happens that it dips further will never be much of the problem because your intention is to hold for long such that there is a possibility of the coin (Bitcoin ) to even Surg higher than expected, that is to say buying to hold for a long term is the best as you have less worries when it comes to seeing the market dip rather you will take advantage of it and buy even more at a more cheaper price.

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July 13, 2024, 07:01:13 AM
 #104

No one wishes to see btc price consistently dropping, even though we all know it’s inevitable because of its high volatility. However, since it’s happening at the moment, the best thing we should is to take advantage while bitcoin price is cheap. Buy when you have available funds but never resort into borrowing money just to make an edge over the market. And never dare to sell your coins lower than the price you bought it, instead be more patient while you continue holding your coins for your future profits.
You are right, of course we all don't want the price of Bitcoin to continue to decline and with its volatility of course anything can happen to the price of Bitcoin whether it increases or decreases and as you said currently the price of Bitcoin is experiencing a decline and choose to take advantage of this condition to Accumulating Bitcoin assets, of course this will be very useful if we have funds that we can use to maintain in the long term, of course this will provide benefits for us when prices increase again, yes of course we have to be patient waiting for prices to increase again. increase because if we sell of course this will be very detrimental to us because prices are decreasing.

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July 13, 2024, 11:46:37 PM
 #105

There is no continuous dip at present, there is a range bound market.  Though there has been the threat of a larger move, I was just waiting for 50k but I didnt get it.   What we got is a ping pong match back and forth we go.

Right now market appears serious in its attempt to move past 58k and close above 60k for the weekly bar close which would return us to positivity once again it would be fair to conclude.  It hasn't quite happened yet but its looking like it will at present.

Always look at time frames for reference to behavior as we might be negative in a certain time period but always there is a bigger fish.  BTC remains positive on the largest time frames, mostly because we sold off so hard in prior cycles. We have recovered and continue to do so in that large time frame, however we could say dip when looking closely at these last languishing months but in effect its mostly just waiting and holding for a real direction outside this range.

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July 14, 2024, 04:22:18 PM
 #106

Well now it is happening like this and we do want to sell our coins to not lose so much. For me I do not like to look at the price of Bitcoin when it is down. It just does not make me feel so well.
Just still HODL them and we will be ok. There is not a reason for us to panic right now. But you can buy some cheap coins if you have extra fiat.
What coins do you sell, so you don't lose too much? From what I see it seems like you are experienced in this matter, it is true that if prices fall we don't need to panic too much about the market situation. Keep calm and keep collecting what you can if you have money saved. Yes, if we invest, we should not only have one asset, having more than one or two other coins in my opinion is much better for our investment. We have to be clever at seeing gaps or opportunities in asset prices that have good potential in the future and of course can make a profit in the future.

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July 14, 2024, 07:16:02 PM
 #107

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.
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July 14, 2024, 07:49:08 PM
 #108

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

One thing have learnt since have been in this forum is to not be scared of any dip . Aslong is bitcoin, though it may not prevent the market from going bearish, so have already set my mind for long-term, so whenever there's dip the smart thing to do is to literally buy the dip in other to have more quantities of bitcoin Stashes in your portfolio, because you are purchasing in a cheaper rate .

The truth remains that we can't actually predict market movement and most time some speculation are not always correct so is better to hold and the price drop and keep holding than to sell , after selling the market prices endup surging at the end, leading one to miss out big time.

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July 14, 2024, 07:54:56 PM
 #109

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Yeah some may sell and try to re-invest then wait for another market bullrun to recover or to make some profits, though that kind of strategy might not be good for everyone especially if you are not good in holding, as chances that the market will continue to fall and it will keep sucking your initial investment, much better to keep holding and move away from your device, accept whatever will happen and keep gamble with your fate, with the way the market fluctuates it's really a tough decision to make.

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July 14, 2024, 09:32:07 PM
 #110

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.
Holding and accumulating when the market is correcting is a good strategy to avoid selling at a loss and increase your chances of getting higher returns when the market recovers. This advice has been mentioned many times and is basically the best way to do it, but not all investors want to do it for various reasons. Panic is usually the reason why they sell at a loss, while they forget that the market will only recover after some time.

If you want to get returns from investments, then be patient and continue holding for the long term. This is what successful investors have done so far with their investment assets, but I admit that each investor has a different approach to their investment time frame. Some hold for several years, others for more than 4 to 10 years.

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July 14, 2024, 11:16:00 PM
Last edit: Today at 05:11:50 PM by AmoreJaz
 #111

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.
Holding and accumulating when the market is correcting is a good strategy to avoid selling at a loss and increase your chances of getting higher returns when the market recovers. This advice has been mentioned many times and is basically the best way to do it, but not all investors want to do it for various reasons. Panic is usually the reason why they sell at a loss, while they forget that the market will only recover after some time.

If you want to get returns from investments, then be patient and continue holding for the long term. This is what successful investors have done so far with their investment assets, but I admit that each investor has a different approach to their investment time frame. Some hold for several years, others for more than 4 to 10 years.

You can only hold for longer time if you have no urgent needs of your invested funds. This is the very reason why it is always advisable to invest in this market using spare funds. So you can afford to wait for the better timing to sell-off rather than sell-off at a loss. Successful investors are continuously looking for their assets and exploring other opportunities other than what they have.

If you are seeing there is a continuous dip going on in your chosen market, in my opinion, what you can do are the following -
> don't panic and don't sell at a loss, sell only if you are not seeing any chance of recovery (which can happen in most substandard projects)
> check updates for that particular project, understand what's going on so you can plan for your next move
> explore other projects that you believe have good potential, studying it on your own will give you more confidence to invest rather than rely on hearsays
> keep an eye what is being said in their social media channels; in most cases, these devs won't disclose what is happening to the project via their official website but you can get hints from these socmed networks

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Today at 08:40:58 PM
 #112

Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.
Holding and accumulating when the market is correcting is a good strategy to avoid selling at a loss and increase your chances of getting higher returns when the market recovers. This advice has been mentioned many times and is basically the best way to do it, but not all investors want to do it for various reasons. Panic is usually the reason why they sell at a loss, while they forget that the market will only recover after some time.

If you want to get returns from investments, then be patient and continue holding for the long term. This is what successful investors have done so far with their investment assets, but I admit that each investor has a different approach to their investment time frame. Some hold for several years, others for more than 4 to 10 years.
A must thing to be done but this is something that wont really be that easy for someone to do so. Why? It would really be giving out that kind of questions in mind that what if the price or market would really be going down even more? For sure you would really be having that kind of hindrance because you would really be that loving on taking up the bottom and having that maximum profitability and this is why its not already shocking that you would really be having that kind of consideration before you would really be making up some buybacks. Also, there are people who dont have much when it comes into their capital on having that DCA method.
Yes, it would really be something that will really be that normal but for those who do able to make themselves that go into those opportunities are the ones who do benefit the most.

Market could really be having those ups and downs and it would really be just that depending on you, whether you would really be taking up some steps and risk taking on the moment that it would really be
correcting itself or not. It would really be just that be depending on how well you do make out that kind of consideration when it do happens. This is why you should really be that careful
on every steps that you are taking.

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