What to do when there is a continues DIP

[CageMabok]

I think buying during a decline is only done by those who really understand the Bitcoin cycle so that if they have funds that can be used to hold for a long time they will certainly take advantage of this condition so that they can make a profit when the price rises later and so on. Of course, only those who dare to take risks can do it, but for some people who are not brave, of course they will not take advantage of this opportunity and they will be very disappointed when they see the benefits that other people can get.

There is no need to be disappointed with the profits obtained by other people as long as it is about everyone's courage in buying Bitcoin at the moment of falling prices. Because everyone is always moved by their own intentions and plans which are also accompanied by their own abilities and courage when they want to do something, including when they want to buy Bitcoin under certain conditions. So in terms of buying Bitcoin, you only have to follow the brave without having to look at those who are still doubtful because profits from Bitcoin are only obtained by those who are brave, not by people who are still doubtful about Bitcoin.

[stomachgrowls]

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.

Those who are able to hold their holdings when the market is very bearish are people who have extraordinary confidence in what they hold. Because people like that usually don't tend to panic excessively until they are saved from losses when the price starts to recover as has happened to the price of Bitcoin recently. So don't let us all make the wrong decision when the market is bearish, except just the decision to buy again and set goals for the next investment while hoping that prices can recover in the near future.

On the time or moment that you do found yourself having that kind of confidence and trust on what you are holding then you would really be definitely be doing this, but on the time or moment that you would really be that freaking out then its neither you are just that new into this market or totally having no idea on what you are doing or simply you are just that emotionally impulsive. Usually people do find themselves having those kind of problems on the moment that they dont know on what they are dealing on with. If there would really be that continous dip then the best thing to do is to hold your position and dont sell at loss and as much as possible then you should really be having that consideration on making up some DCA or would really be having that trying to look for bottom and make out some buybacks.

This is something that will really be that basing up on someones risks management on which we know that when it comes into this aspect then we do know that there would really be
having no the same level of risks tolerance on each person. Some could really be able to do it but there are ones who wont really be tending to take step further
just because they cant be able to bare up with the risks.

[South Park]

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.

Those who are able to hold their holdings when the market is very bearish are people who have extraordinary confidence in what they hold. Because people like that usually don't tend to panic excessively until they are saved from losses when the price starts to recover as has happened to the price of Bitcoin recently. So don't let us all make the wrong decision when the market is bearish, except just the decision to buy again and set goals for the next investment while hoping that prices can recover in the near future.

Correct, and we must wonder where that confidence comes from, and that is only possible when the asset you are holding is great to begin with, which is why anyone that has tried to follow the same strategy that we use with bitcoin but with altcoins has failed, because they know very well that if they were to keep holding their altcoins when their price is going down, there is a very real chance they could hold all the way to zero, which makes it very obvious altcoins should never be held for the long term, as only bitcoin is worthy of that trust.

[passwordnow]

Most people panic that the market will dump more when there is a dip, so they won’t invest they will always wait for more dips, which sometimes they won’t see.

That's the usual reaction of most of us when we see dip. We don't want to see that to be honest if we're all set and have enough holdings already. But for those that haven't yet, it's the most desirable moment and that's to await it come. Although we don't know how many of them have been doing this cycle but if you have been stacking a lot and you've got some figures on your head on how much you should have in the period of the bull run's peak, you'll do it as it's a necessary action before we see and pass another ATH.

Then they will start rushing to invest when the price has already bounced back, but they had the opportunity to invest during the dip but won’t.

It is not new and what you said is true. Words on their mouths are being said that they're waiting for the dip and when it comes, they don't act. But instead wait for more as they believe that there will be more dip to come soon but instead, what comes is the opposite of it and then the market bounces back and they're no longer interested in buying because they think that they're late already.

[TastyChillySauce00]

Just want to tell my experience from catching the knives a.k.a buying the dip.

the whales will always try to play with your psychology by dipping the market further, this is why catching bottom is almost impossible because the whales with sophisticated tools always got all the information to do something with the market.

so how to profit from buying the dip? simple, just DCA  . just buy the dip and never look back, if you have some money left, DCA again, holding is always the key because the thing with holding is that you being stoic, just doesn't care about the psychology pressure the market will put to you and therefore you are not getting played in their game. if you happen to trade though, just wait it out, most of the time it gonna recovers back.

[Republikcoin.com]

Correct, and we must wonder where that confidence comes from, and that is only possible when the asset you are holding is great to begin with, which is why anyone that has tried to follow the same strategy that we use with bitcoin but with altcoins has failed, because they know very well that if they were to keep holding their altcoins when their price is going down, there is a very real chance they could hold all the way to zero, which makes it very obvious altcoins should never be held for the long term, as only bitcoin is worthy of that trust.

People who are experienced enough and have seen the condition of Bitcoin in the last ten years will certainly not carelessly believe in coins other than Bitcoin. Because from the evidence that we have seen together, Bitcoin can always be relied on for the long term and is considered a more appropriate investment, so beginners who are new to Bitcoin must also know this in order not to fail in investments and also in other matters in the crypto space. Because any altcoin can only be relied on temporarily with a profit target that is not large enough at any given moment.

[Yatsan]

Correct, and we must wonder where that confidence comes from, and that is only possible when the asset you are holding is great to begin with, which is why anyone that has tried to follow the same strategy that we use with bitcoin but with altcoins has failed, because they know very well that if they were to keep holding their altcoins when their price is going down, there is a very real chance they could hold all the way to zero, which makes it very obvious altcoins should never be held for the long term, as only bitcoin is worthy of that trust.

People who are experienced enough and have seen the condition of Bitcoin in the last ten years will certainly not carelessly believe in coins other than Bitcoin. Because from the evidence that we have seen together, Bitcoin can always be relied on for the long term and is considered a more appropriate investment, so beginners who are new to Bitcoin must also know this in order not to fail in investments and also in other matters in the crypto space. Because any altcoin can only be relied on temporarily with a profit target that is not large enough at any given moment.

We saw how high its market price have reached from the previous ATH and even with last few months which is around $72k. We also saw how low it fell which was around $16k and went up again to its present market price. I think that is enough reason to trust this technology  thus making it obvious that what we should be doing is to just hold and to avoid panic or selling too early. This is Bitcoin we are talking about and not just a new random project on this industry. I do understand why do some people panic whenever a market crash is taking place but we should all be knowing our investment's potential and make the right decisions that won't lead to regrets afterwards. Loss is temporary as long as you are not selling your holdings. Recovery might not happen in an instant but it will always be taking place as long as volume and demand are present.

[SmartGold01]

That is why you must not be partial in buying bitcoin because when you only think that immediately you buy bitcoin the price would skyrocket makes you a greedy fellow because you have forgotten the season you, let say you are not bull so anything out of this is still bear run and hence price would still decrease. So as investors if you buy at the dip do not always expect that the price will always increase unexpectedly because it's not yet bullrun, if you have spare cash all you need is to keep accumulating through DCA but if you felt your holding is enough then you don't need to stretch your self all over than to keep patient while the market grows.

[LFC_Bitcoin]

If you have fiat set aside for buying dips then you can of course take advantage of continuous dips and buy.

Never panic and sell in a downturn though, always stay strong and HODL until you are planning to sell. Don’t act on impulse caused by short term fear.

[laijsica]

If you have fiat set aside for buying dips then you can of course take advantage of continuous dips and buy.

Never panic and sell in a downturn though, always stay strong and HODL until you are planning to sell. Don’t act on impulse caused by short term fear.

Of course, investors should set their plans to buy more bitcoins while in DIP. Every DIP is an opportunity for investors to take more profits if they can make full use of it. It also recommends taking care of holding during bullish periods, which is long-term holding regardless of price.

[Huliya]

How can those who invest lose confidence as the price falls?! They were knowingly waiting to buy at a discount price. It is better to have reserve fund for dip buying.  Most of the time the reason it's not good to rely on buying on the dip is because you don't know the bottom line of the dip, so DCA comes in handy because if you're consistent with your regular weekly or monthly bitcoin deposit, you don't have to worry about the price of bitcoin. If it keeps going down it's because you're always buying at different price levels. Bitcoin investment is a long-term investment and that is why there is no need to panic if the price of Bitcoin falls.

[AirtelBuzz]

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 is why before investing we should set a specific goal according to the plan. So that no matter what price we buy bitcoins we will hold them no matter what happens until we touch our target price. During the dip season in the market we have to be patient and take advantage of that time to buy more so that we can hold it for future and get good returns from it.

OP If you buy bitcoins during the dip season then take the opportunity to buy more from that purchase price if the market dips. Never get discouraged or even sell the investment. Take the opportunity and keep Holding regularly.

[Marvell1]

If you have fiat set aside for buying dips then you can of course take advantage of continuous dips and buy.

Never panic and sell in a downturn though, always stay strong and HODL until you are planning to sell. Don’t act on impulse caused by short term fear.

Of course, investors should set their plans to buy more bitcoins while in DIP. Every DIP is an opportunity for investors to take more profits if they can make full use of it. It also recommends taking care of holding during bullish periods, which is long-term holding regardless of price.

In theory, the way to make a profit is to buy low and sell high, and that's why people often advise buying every time the market corrects. But I think to do those things is not easy. To be able to confidently buy DIP we need to have enough faith in bitcoin as well as the ability to accept risks.
Why do I say this? Because as I see it, many people always want or hope that bitcoin will decrease whenever bitcoin increases too quickly, but when bitcoin adjusts, they are the ones who do not dare to buy bitcoin. Like the recent correction when bitcoin dropped to 52k USD and that was a potential buy point but many people did not dare to buy and waited for bitcoin to fall further. Currently, bitcoin is trading above $67k and ironically, those who did not buy at $52k are expecting it to correct to buy. It seems easy to say, but how many people are brave enough to buy DIP?

[CageMabok]

Of course, investors should set their plans to buy more bitcoins while in DIP. Every DIP is an opportunity for investors to take more profits if they can make full use of it. It also recommends taking care of holding during bullish periods, which is long-term holding regardless of price.

In the bull period, it is actually quite easy for investors to keep holding any assets they have bought during the dip. Because investors who have a certain target in achieving a profit will only release the asset when the price they want has been reached in the market. Right now the price of Bitcoin is still below $70K which is generally still good enough to buy in any amount because Bitcoin is still quite likely to increase even more this year. So investors will definitely not release Bitcoin carelessly into the market at this time

[dunfida]

If you have fiat set aside for buying dips then you can of course take advantage of continuous dips and buy.

Never panic and sell in a downturn though, always stay strong and HODL until you are planning to sell. Don’t act on impulse caused by short term fear.

Of course, investors should set their plans to buy more bitcoins while in DIP. Every DIP is an opportunity for investors to take more profits if they can make full use of it. It also recommends taking care of holding during bullish periods, which is long-term holding regardless of price.

In theory, the way to make a profit is to buy low and sell high, and that's why people often advise buying every time the market corrects. But I think to do those things is not easy. To be able to confidently buy DIP we need to have enough faith in bitcoin as well as the ability to accept risks.
Why do I say this? Because as I see it, many people always want or hope that bitcoin will decrease whenever bitcoin increases too quickly, but when bitcoin adjusts, they are the ones who do not dare to buy bitcoin. Like the recent correction when bitcoin dropped to 52k USD and that was a potential buy point but many people did not dare to buy and waited for bitcoin to fall further. Currently, bitcoin is trading above $67k and ironically, those who did not buy at $52k are expecting it to correct to buy. It seems easy to say, but how many people are brave enough to buy DIP?

Its indeed the basic but there are tons of people who do really fail on doing so. Why? because of emotions and having that derailed plans and analysis that they had set out earlier. It is really just that there are people who do easily get panicked on the  time that the market would really be having those corrections or decrease. Somehow it would really be that normal since we are just human beings on who dont really like on losing money.
On the time or moment that you are seeing your portfolio is going down then it would really be that a very common reaction. To those people who do have that sufficient experience on how market works and be able to apply that buy low and sell high then they are the ones who do make out DCA or buybacks on the time that the market would really be having those corrections.

If there's a continue dip then it would be normal that it will really be giving out that kind of negative vibe, specially if you are someone who dont have that sufficient experience towards this market then you would
be having those kind of emotional reactions on which its pretty normal but on the moment that you had already some enough experience about on how this market works or behaves then
you wont really be finding yourself that being that too highly reactive.

[Kelward]

If you have fiat set aside for buying dips then you can of course take advantage of continuous dips and buy.

Never panic and sell in a downturn though, always stay strong and HODL until you are planning to sell. Don’t act on impulse caused by short term fear.

Of course, investors should set their plans to buy more bitcoins while in DIP. Every DIP is an opportunity for investors to take more profits if they can make full use of it. It also recommends taking care of holding during bullish periods, which is long-term holding regardless of price.

This is why it's important for people who hodl Bitcoin to have the knowledge of how it works so that they will not panic when they begin to notice continuous price dip. The best thing to do when there is continuous dip is either to keep buying if you have the fund or just hodl what you have and wait for price pump. Bitcoin is not altcoins that when their prices dumps you'll panic because you're not sure whether they can recover and pump, after dips BTC will always recover and pump. In cryptocurrency it is only Bitcoin that you can trust that it has the capacity to have price correction and skyrocket.

[Marvell1]

Its indeed the basic but there are tons of people who do really fail on doing so. Why? because of emotions and having that derailed plans and analysis that they had set out earlier. It is really just that there are people who do easily get panicked on the  time that the market would really be having those corrections or decrease. Somehow it would really be that normal since we are just human beings on who dont really like on losing money.
On the time or moment that you are seeing your portfolio is going down then it would really be that a very common reaction. To those people who do have that sufficient experience on how market works and be able to apply that buy low and sell high then they are the ones who do make out DCA or buybacks on the time that the market would really be having those corrections.

If there's a continue dip then it would be normal that it will really be giving out that kind of negative vibe, specially if you are someone who dont have that sufficient experience towards this market then you would
be having those kind of emotional reactions on which its pretty normal but on the moment that you had already some enough experience about on how this market works or behaves then
you wont really be finding yourself that being that too highly reactive.

As it is happening, not only the cryptocurrency market but the entire world financial market is experiencing the reddest days since the Covid pandemic so far. Many theories suggest that we will face an economic recession rather than an economic recovery period when the Fed will lower interest rates next September.

Many people who want to buy cheap bitcoin are having a great opportunity to buy bitcoin 10% cheaper than a few days ago. But honestly, is anyone brave enough to buy DIP or are people more scared? I've seen more predictions that bitcoin will soon hit $40k again instead of calls to buy the dip. Panic is taking over people's minds and that's completely normal given what's going on but it shows that there is a huge difference between saying and doing.

[Ricardo11]

An investor can never get any specific information about the future value of Bitcoin. So it is impossible to predict exactly which scenario Bitcoin's price will go ahead. So if you take any action by guess it will be very risky for you. So you just have to buy. And the easiest and risk-free method for this is the DCA method. Keep investing a certain amount regularly. Investing in the DCA method is an investment that locks you into a disciplined investment that helps you develop a regular savings habit. Whatever the market price, buy if the price is high and buy if the price is low, no matter. This will greatly increase the size of your investment portfolio, and speed up your long-term cost averaging. So get yourself addicted to DCA.

[skarais]

An investor can never get any specific information about the future value of Bitcoin. So it is impossible to predict exactly which scenario Bitcoin's price will go ahead. So if you take any action by guess it will be very risky for you. So you just have to buy. And the easiest and risk-free method for this is the DCA method. Keep investing a certain amount regularly. Investing in the DCA method is an investment that locks you into a disciplined investment that helps you develop a regular savings habit. Whatever the market price, buy if the price is high and buy if the price is low, no matter. This will greatly increase the size of your investment portfolio, and speed up your long-term cost averaging. So get yourself addicted to DCA.

Whatever your investment approach, believe me it is never free from risk.

I don't agree that DCA is a risk-free investment approach, that's never true. You can buy using the DCA method to maximize asset price movements or volatil in the future, but never be free from risk. There are many more risks you need to consider than just a price drop, including the risk of losing your bitcoins due to hacking or other common human errors.

No investment product is risk-free, nor are any methods or strategic approaches. Everything has risks no matter how big or small, so don't say the wrong thing because someone might get lost because of you.

[South Park]

An investor can never get any specific information about the future value of Bitcoin. So it is impossible to predict exactly which scenario Bitcoin's price will go ahead. So if you take any action by guess it will be very risky for you. So you just have to buy. And the easiest and risk-free method for this is the DCA method. Keep investing a certain amount regularly. Investing in the DCA method is an investment that locks you into a disciplined investment that helps you develop a regular savings habit. Whatever the market price, buy if the price is high and buy if the price is low, no matter. This will greatly increase the size of your investment portfolio, and speed up your long-term cost averaging. So get yourself addicted to DCA.

Whatever your investment approach, believe me it is never free from risk.

I don't agree that DCA is a risk-free investment approach, that's never true. You can buy using the DCA method to maximize asset price movements or volatil in the future, but never be free from risk. There are many more risks you need to consider than just a price drop, including the risk of losing your bitcoins due to hacking or other common human errors.

No investment product is risk-free, nor are any methods or strategic approaches. Everything has risks no matter how big or small, so don't say the wrong thing because someone might get lost because of you.

This is probably one of the most common myths that I encounter and one that it is perpetuated by many investors, after all, as great as DCA can be as a strategy, if someone started to employ this strategy near the ATH and then the price crashed, this means this person will spend a year or two losing money, and very few investors can endure such losses for so long, so it is likely a person like that would sell their coins and lose a great deal of money while doing so.