The Psychology Behind Buying The Dip- Why It's Harder Than It Sounds.

[Josefjix]

I think e Dey hard,  even as buying the dip sounds easy in theory, but when the charts don start bleeding in real time, emotions go come enter, which nor go come let person do Watin he suppose do.. Fear, doubt, second guessing…
all of that Dey makes people hesitate..  Even people were claim say dem be long term holders go suddenly start panicking when the red candles keep coming.. The Mind go Dey doubt if this dip go ever stop. Buying the dip na really psychological game more than any strategy..

If to say na bitcoin you dey talk about buying the dip, that one no be problem, if na alt, abeg, me no follow you talk that one. Me personally, I don reach that place in my emotions wey nothing go shake me again in the space, I don dey experience many dips and many rise sotey I don strong in my emotions.

Wetin I dey always dey pray be say, make I get Fiat with me whenever the price dips make I for fit purchase more at every dip, cos e go hard to practice wetin you dey talk when Fiat no dey come at all.

As Fiat dey come make you buy rapidly, weda rise or dip.

[Stormisover]

Over time, when you have experience and with preparation makes dip buying feel way less scary

Everything is primarily centred around how well you know bitcoin which will influence the approach use in buying both at the time of the DIP as well as the time when the market is doing well.

If you believe well in bitcoin and at the same time have enough resource that can help you stay invested in bitcoin, you can comfortably buy at the DIP. The fear is always an issue when you have a sense of doubt that after the DIP there is going to be a recovery. If you're certain of a recovery after the DIP, then you can comfortably buy the DIP and still remain profitable at it in the long run.

The question we need to ask ourselves is has it been able to recover whenever it has dip? If yes it has been recovering then why the panic? Another thing is that is the money invested money discretionary?  Accepting the fact that there must be a decline at some point which is very natural about the market should anyone not to panic, there is no smartness in ignoring buying the dip because those that does that will always regret not buying the dip at when the market will be recovering, i rather buy the dip than regretting not to have bought when the market finally recovered.

[MainIbem]

The question we need to ask ourselves is has it been able to recover whenever it has dip? If yes it has been recovering then why the panic? Another thing is that is the money invested money discretionary?  Accepting the fact that there must be a decline at some point which is very natural about the market should anyone not to panic, there is no smartness in ignoring buying the dip because those that does that will always regret not buying the dip at when the market will be recovering, i rather buy the dip than regretting not to have bought when the market finally recovered.

If Bitcoin was just a hype like most shitcoins and is not able to recover after the down trend of volatility then I'll agree with the OP that buying the is harder than it sounds, those who feel that way are ignorant cause anyone who understands big would know that it always recovers after every dip and has never failed to from the onset so they would take the dip seriously since it's an advantage to buy more at a cheaper price and keep holding in their portfolio. I think the OP should try to understand Bitcoin better so he won't mislead people concerning seizing the opportunity of buying during the dip.

[Promocodeudo]

If to say na bitcoin you dey talk about buying the dip, that one no be problem, if na alt, abeg, me no follow you talk that one. Me personally, I don reach that place in my emotions wey nothing go shake me again in the space, I don dey experience many dips and many rise sotey I don strong in my emotions.

Wetin I dey always dey pray be say, make I get Fiat with me whenever the price dips make I for fit purchase more at every dip, cos e go hard to practice wetin you dey talk when Fiat no dey come at all.

As Fiat dey come make you buy rapidly, weda rise or dip.

Pesin wey no no a particular thing the come em friend, any pesin wey the yarn sey tins about altcoins in regards to buying the dip is either a newbie or has no knowledge about the entire crypto space, if we don't have what it takes to teach about digital asset, is better for us to last first before we can teach and before we teach, make we make sure say we don sabi to some point, as for dip, this thing na wetin the happy steady, any pesin wey done dey the system for atleast 2 or more years, no suppose the see dip as anything, is just like Bitcoin lifestyle, Bitcoin is made of dip and upsurge and e the happen on a steady so we no suppose to the even reason the matter because the two aforementioned the favour us wella.