The dip is setting up nicely again, how are you taking advantage of it?

[Rockson1]

We cannot always predict the direction that the market will take which is why it is very strategic to buy the dip at the point where it's low instead of waiting for it to reduce any time because Bitcoin is capable of getting back up at anytime and if you didn't take advantage of it when the amount is low you might not get that same opportunity for a long time, that's just how it is. No one knows how long this current dip is going to last but instead of waiting it's better for the value to decrease it is better you cease the opportunity while you still can.

The price of Bitcoin is unpredictable, you sounded as if even though our predictions comes out to be right it because we actually know that it is how it is going to be, I agree with you that we should wait until the price of Bitcoin drops to that level we want instead we should buy at the slightest dip but for me buying all the time with the DCA strategy is better because this allows you to buy everytime with what you can not minding the price status at any given time, the problem with some people is that they want Bitcoin to go back to the bottom where it started from before they can buy which is impossible, I just love the statement you made while concluding your writeup, those are very good advice.

[Kelward]

How you go react to dip depends on your strategy or reason of buying weda you be trader or long term investor, traders go de monitor di market for perfect entry while most long term investors no de bother to monitor di market.

For Bitcoin investors wey de for DCA strategy na business as usual for dem weda na bull run or bear run, as Bitcoin de dip like dis dem go just de accumulate with di regular amount wey dem de take buy even if na bull run. But if enough discretionary funds de plenty e go good to add buying dip for di DCA strategy so dat all di extra discretionary funds go de go inside buying dip, if you no get surplus funds for your discretionary funds make you no worry because your regular DCA strategy follow for buying dip. However if you no get money to DCA or buy dip make you just relax because plenty bear runs still de for front.

[EluguHcman]

Bitcoin price is dropping rapidly now, from around $74,020 from just 3 days ago and it is currently at $69,500 as I type. Bitcoin is volatile in nature and it's volatility brings about both buying and selling opportunities to investors and I believe it is about time again which investors have been waiting for to buy more quantities at cheaper prices to hold.

That is just a quick alert for those who have been waiting to buy the DIP that complains about the price being too high to buy when the price was soaring.

At the bullish market some enthusiasts find it very interesting to invest in Bitcoin out of FOMO, while some where able to buy and does not mind about the uncertainty of the trajectory volatility, some were skeptic and thought to waiting until the price Declines for bearish and somr also look forth to buy the bottom.

Here has come for buying opportunities for every well meaningful investors but not everyone will make use of it because some will say the bottom is still yet to come. Maybe the are expecting Bitcoin price to fall to the early stages.

[adultcrypto]

A lot of people are using the DCA method which does not care about the dip so those that will really go the extra miles are people who have set up reserved funds. With that they can keep thetheir DCA method running  then take advantage of the dips to get more coins at lower prices. The dip is not over, I feel that it will linger for as long as this quarter  so it is a long time for anyone who wants to pack enough bitcoin.  The beautiful part of it is that it won't be long for anyone who buy now to see profits, from last quarter of this year we might  see some bull dominated market which will put all purchases now in profits.

[Freeveto]

Bitcoin price is dropping rapidly now, from around $74,020 from just 3 days ago and it is currently at $69,500 as I type. Bitcoin is volatile in nature and it's volatility brings about both buying and selling opportunities to investors and I believe it is about time again which investors have been waiting for to buy more quantities at cheaper prices to hold.

The price has dropped below $65,000 dollar, this can be the sign of bear market because we have heard of liquidation among spot traders and the price is not looking like it will go back soon, and some weak investors are already selling their Bitcoins already, maybe they are the short time traders that are buying to hold for just few weeks or months, then sell for their profit.

The approach of buying the dip now is good, waiting more can still be good because the price is still dropping and will probably keep dropping as many have been speculating that the bear market is around.

[Cryptohygenic]

My concern is how how are taking advantage of this opportunity, which pattern are you deploying to ensure you don't miss out

• Are you waiting for the price to dip more to maybe $65 or $66k before you buy the dip?
• Are you buying in segments to ensure you don't totally miss out, even though it doesn't dip so much?

For bearish market movements like this one we dey experience now e go dey very risky or something to regret about for anyone way dey expect to buy when price drop dipper or aiming to buy the bottom bcos even for price declines like this the market no fit dey predictable to know the spot price e go drop.
So to dey buy the bitcoin by segments dey better but this strategy dey good for investors way don already gather their investment funds available and ready to buy for any opened opportunity way catch their interest in buying on the low price.
Volatility timing no dey wait for anyone and when u don miss the line u don mis am. Maybe na to hold on the uncertainty if u fit get the opportunity again or not. So e good to buy now and reserve some funds just in case price fall dipper to buy cheaper.

[Tmoonz]

My concern is how how are taking advantage of this opportunity, which pattern are you deploying to ensure you don't miss out

• Are you waiting for the price to dip more to maybe $65 or $66k before you buy the dip?
• Are you buying in segments to ensure you don't totally miss out, even though it doesn't dip so much?

For bearish market movements like this one we dey experience now e go dey very risky or something to regret about for anyone way dey expect to buy when price drop dipper or aiming to buy the bottom bcos even for price declines like this the market no fit dey predictable to know the spot price e go drop.
So to dey buy the bitcoin by segments dey better but this strategy dey good for investors way don already gather their investment funds available and ready to buy for any opened opportunity way catch their interest in buying on the low price.
Volatility timing no dey wait for anyone and when u don miss the line u don mis am. Maybe na to hold on the uncertainty if u fit get the opportunity again or not. So e good to buy now and reserve some funds just in case price fall dipper to buy cheaper.

I consider it more smarter to buy the dip you are seeing for those who already reserved funds before now than waiting for the price to fall more dipper, the market is unpredictable as we all know, it is possible that it may not go dipper than this though no one knows but to be on a safer side buying as much as you can now is better option than waiting for more dip which you are not sure of it will happen and in most cases too it can go more dipper only for you to say again that it should dip more before you buy and surprisingly bitcoin can start hitting up in such a way that you can regret not to have taken advantage of the dip you saw.

[Obari]

It touched $63k if I'm not mistaken which at this point, I'm sure it exceeded your expectations and imagine someone who went short from $80k that's just how much opportunity is in cryptocurrency.
As an investor, I wouldn't even advise you to wait for a certain price before buying because you will truly  be very disappointed as the market is a very volatile market and nothing is certain and as such, I would always recommend the DCA technique to newbies and this is because this very strategy helps take away the pressure and stress of calculating the best time to buy which I think a newbie investor shouldn't be bothered with that atleast at this their early stages.

For people who already have the fiat available, if you are waiting for the right time to buy, I think there wouldn't be any more better time than this and buying now wouldn't be a bad idea and maybe you can buy with some percentage of your money rather than all.

[Nuel0717]

It touched $63k if I'm not mistaken which at this point, I'm sure it exceeded your expectations and imagine someone who went short from $80k that's just how much opportunity is in cryptocurrency.
As an investor, I wouldn't even advise you to wait for a certain price before buying because you will truly  be very disappointed as the market is a very volatile market and nothing is certain and as such, I would always recommend the DCA technique to newbies and this is because this very strategy helps take away the pressure and stress of calculating the best time to buy which I think a newbie investor shouldn't be bothered with that atleast at this their early stages.

For people who already have the fiat available, if you are waiting for the right time to buy, I think there wouldn't be any more better time than this and buying now wouldn't be a bad idea and maybe you can buy with some percentage of your money rather than all.

What people don't know about crypto investment especially with Bitcoin is that there would always be opportunities for investors to accumulate more so they have to always be sure to keep their discretionary cash flow intact to be able to be at advantage when the market goes lower by accumulating aggressively or maintain what their discretionary income permits them.

Unfortunately for some people they're not really aware of the opportunities the dip brings they see it as loss instead of potential gains, that's what separates real time investors from traders, which is understanding the advantage of the dip instead of selling when the market goes lower.

[Exitoral]

I posted a topic about this that if price get to a point, I will double down on my DCA plan once it gets to a point.

https://bitcointalk.org/index.php?topic=5584908.msg66801780#msg66801780

A good insight on where the it will turn to bullish instead of continuing in a bearish manner.

[Joy- maker]

I can see that bitcoin price is dropping rapidly which long term bitcoin investors like you and me sees it as a buying opportunity to accumulate bitcoin aggressively and hold it for long term. Alos, there are people who are depressed right now that the bitcoin market is red, which are short term traders.

However, i am taking advantage of the dip, i buy whenever i have spare money to purchase it and i am still doing my regular DCA accumulation on a weekly base. And to everyone who is not take taking advantage of this dip, you are guy are really missing buying opportunities to accumulate bitcoin at a lower price, therefore, endure you are not left behind.

[Mate2237]

So some people this is the right entry points as they will like to buy due to the drop in price. While to others it's about Panic so such people will be looking at selling off their holdings due to the fear of lose which makes come . Every dip like this is ment with a strong reaction from investors. But just like you have said the dip is setting up nicely and the market is looking good for investors who understands that this dip is actually an opportunity.


Dips like this are opportunities especially for those who have been looking for a way to invest, a drop in price means that you have the opportunity to increase your holding for those who already has Bitcoin. Investors should prepare their mind that this sharp drop in price may not last long approach the dip with the mindset of an opportunity.

[Shadiq]

I was a little surprised by this drop in Bitcoin price, because it happened so quickly. However, I am trying my best to take the maximum advantage of this dip market. Especially when the price of Bitcoin is at $60k, it is not worth missing this dip opportunity.

In this regard, I am trying to rely on time rather than relying on price for investing. I am trying to buy in small amounts every three or five days. Because I do not know where the lowest level of this dip is, I am trying to buy at the lowest level in the market regularly.

[Jegileman]

Personally, I am going with the second approach, I will divide the money I've saved for the dip into 3 or more parts, use 1/3 of it to buy now at $69.5k and set buy orders at $67k, $65k and if possible $64k so they trigger if bitcoin crosses those prices again. I believe it is a smarter way to take advantage of the dip instead of waiting totally for a definite target price that may end up not happening.

How are you going to take advantage of it yourself?

How dip the market can get can never be ascertained by anyone, so many people will want to join the train now in order not to miss out on buying this dip. If you’re employing the DCA method which is the second approach you made mention of, then you would have gotten to buy plenty now especially if you’re using them in few days intervals. Just like yesterday we just entered the month of June, but today bitcoin has dipped even below $60K which makes it very unlikely more for anyone to know the least price it’ll drop to before it begins to go up again.

This is the time for panic for weak/new investors, they’ll be trembling to sell now but I wish they’ll never and be patient for the market to recover. Another set of investors now, or those who missed buying at cheaper price will be most ready and already taking advantage of the dip now. The market is not looking like what will recover now, taking advantage of the condition of the market now is the best one can do at the moment.

[Mr_Brilliant$]

I am staking and I have been more consistent with it lately…. I am not really going too aggressive on it, just a bit…
For me, I am just treating it steady and not trying to force anything.. Instead of going all in during the dip, I am just adding small small and letting it build up.. The market will always move up and down anyway, so I am more focused on staying consistent than trying to catch every move..
So yeah, I am taking advantage of it, but in a calm way…

[Marykeller]

The matter is, buy at the very price feasible for you rather than hoping and anticipating a particular price to show, before buying. You might even procrastinate to such a point, only to end up having fomo investment.

I have seen it happen to me and others before(in the past). It wasn't a funny case for us to end up buying in a hurry, so as not to miss out on the opportunities to make profits in the bull run