Buy on dip

[Jating]

Buying the dip is the best option in the crypto market, buying dip is an opportunity for investors to buy to gain  in future.

Yeah but the only problem is that we cannot accurately gues when and how deep is that dip will be going the reason why investors use DCA to maximize the possibility of  getting the lowest point of this dip but this also depends on our ability to accumulate or let me just say our budget or capital in acquiring amount of crypto until the bottom and then wait again to skyrocket.

DCA is a great method to invest in crypto, I used it to add to my bitcoin collection before the bull season. Buy on dip, up to what point the price can be predicted to dip, because no one can predict accurately

Yes, it is a very old strategy but still very effective if we know how to used it to our advantage. Specially if we started to collect BTC from the bear market is 2022-2023, we could have save a lot today. There is also this strategy by some, specially who has big pockets, to buy huge amount when there is a huge dip, but everything should be perfectly time. But for us small and retail investors, DCA is going to be our friend. It's just we need to be mentally tough to go thru saving and buying weekly or monthly.

[cebo]

If I were clairvoyant and could tell when coin prices were bottoming then I could buy more of all cryptocurrencies.
For example, the price of Solana coins drops to 50 dollars and then rises again to 500 dollars, but at 50 dollars I don't know when the price of Solana coins will rise, so I still don't buy it.
If you refer to the DCA trick, it might be easy to do, but unfortunately I don't have a lot of money to buy a coin in stages using the DCA technique.

[Mr. Allcrypto]

The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

As at January 2024, the market was extremely at high rate, and because of that most people where afraid to buy stocks to avoid big loss. Yes the market was on the bull run, but that doesn't mean you won't continue to make your money. You can purchase but not with all your money because you can't predict the market in the future..

[Gyrgen]

The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

As at January 2024, the market was extremely at high rate, and because of that most people where afraid to buy stocks to avoid big loss. Yes the market was on the bull run, but that doesn't mean you won't continue to make your money. You can purchase but not with all your money because you can't predict the market in the future..

If you were trading, then at that time you had to sell and take profits.And after the correction, you could buy almost any altcoin.Now you just need to get used to the current price range and continue trading as before.Personally, I wouldn’t buy something for the long term.

[Kemarit]

The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

As at January 2024, the market was extremely at high rate, and because of that most people where afraid to buy stocks to avoid big loss. Yes the market was on the bull run, but that doesn't mean you won't continue to make your money. You can purchase but not with all your money because you can't predict the market in the future..

But if we look at it's past history, let's say for Bitcoin, buy in the dip, or at least accumulate when the market is at low or bear market, hold for a long time and wait for the bull run.

And then we have those individuals, who take higher risk, but being a day trader and try to make money. That for me is very difficult because not everyone can be a trader. But if you are not technically equip with the knowledge of being a trader, maybe just become a investor and hold, it might be mentally difficult but at the end of the day, buy low sell high will prove correct in the end.

[Tribalchief]

If you were trading, then at that time you had to sell and take profits.And after the correction, you could buy almost any altcoin.Now you just need to get used to the current price range and continue trading as before.Personally, I wouldn’t buy something for the long term.

Of course. Sadly, most people don't talk about short term investment and quick trade. They neglect the fact that massive profits can also emanate from that angle as long as we can remain consistent, though there are risk factors. The market is unpredictable, so those who buy dip and sell at a slight increase ain't making any mistake. Profits happens to be the first thing when it comes to holding any crypto asset.

I also prefer the short term hold and sell as I find it quite interesting and profiting, but sometimes disappointing as I might miss out of massive pump.

[Celsius]

The market is experiencing a correction right now and making people panic. Do I buy in this condition? Of course but I don't use all my money to buy. I use the DCA strategy and only a few coins I invest. Just a suggestion, don't use all your money during a bear market.

No investment should be made with 100% dollars invested on a single coin.  In this case, if the market price increases or the market price is dumped, you will not get any opportunity to reinvest.  Also, one thing to be careful about while investing is to never invest on a single coin.  If an investment is made on a coin, of course, if that coin is scammed from the market, all the investment will be wiped out.  So while investing one must be careful not to invest all dollars on one coin.

[Gyrgen]

If you were trading, then at that time you had to sell and take profits.And after the correction, you could buy almost any altcoin.Now you just need to get used to the current price range and continue trading as before.Personally, I wouldn’t buy something for the long term.

Of course. Sadly, most people don't talk about short term investment and quick trade. They neglect the fact that massive profits can also emanate from that angle as long as we can remain consistent, though there are risk factors. The market is unpredictable, so those who buy dip and sell at a slight increase ain't making any mistake. Profits happens to be the first thing when it comes to holding any crypto asset.

I also prefer the short term hold and sell as I find it quite interesting and profiting, but sometimes disappointing as I might miss out of massive pump.

This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.

[debra]

This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.

Of course, no trader can always take profits every time he is trading. There should be the time for losses, no trader is perfect.
But smart traders must know how to deal with the losses, they are learning something from the losses. They will apply a different strategy for the next trading. And they must evaluate what is wrong with the previous strategy. The losses is just a lesson to be a better trader.

[Uruhara]

If I were clairvoyant and could tell when coin prices were bottoming then I could buy more of all cryptocurrencies.
For example, the price of Solana coins drops to 50 dollars and then rises again to 500 dollars, but at 50 dollars I don't know when the price of Solana coins will rise, so I still don't buy it.
If you refer to the DCA trick, it might be easy to do, but unfortunately I don't have a lot of money to buy a coin in stages using the DCA technique.

Well, that's what happened and that's the real obstacle, namely limited capital. To carry out DCA, you need income stability that allows us to continue accumulating over a certain period or whenever there is a correction in the market. I also quite often miss market corrections, not because I don't know that it's a good moment. but sometimes when a correction occurs it turns out that I no longer have the capital to accumulate. And it's quite painful because we miss the opportunities that are right in front of our own eyes. But it's better than forcing ourselves. Because in trading and investing we only have to enter with money that we have prepared and are ready if we have to experience losses.

[legend45]

This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.

Of course, no trader can always take profits every time he is trading. There should be the time for losses, no trader is perfect.
But smart traders must know how to deal with the losses, they are learning something from the losses. They will apply a different strategy for the next trading. And they must evaluate what is wrong with the previous strategy. The losses is just a lesson to be a better trader.

I agree with your opinion that no trader is always profitable, they must have experienced losses. because we all know, and have experienced that. A professional trader will be smart in managing his assets, by increasing his profits from his losses.
And they will always learn from their losses.

[Gyrgen]

This is normal. No one is able to constantly trade only for profit. Therefore, it is important to look at the result over a certain period, for example a month. I also like short-term trading.And if I bought it for a long period, I don’t even know what I would settle on.

Of course, no trader can always take profits every time he is trading. There should be the time for losses, no trader is perfect.
But smart traders must know how to deal with the losses, they are learning something from the losses. They will apply a different strategy for the next trading. And they must evaluate what is wrong with the previous strategy. The losses is just a lesson to be a better trader.

I don’t agree. In any strategy there will be a certain percentage of unsuccessful trades and this is normal. It is not normal when, when applying a certain strategy, the percentage of negative trades exceeds the percentage of positive ones. Then you definitely need to change the strategy.

[bayu7adi]

Just a suggestion, don't use all your money during a bear market.

Very good advice, in fact that way we can buy again when it turns out that the bearish situation has not stopped. Let's be honest, it's hard to buy a dip, because we'll only know it's a dip when the bull market starts to come. Saying to buy more assets when the market is bearish sounds easy, but believe me it is one of the difficult things to consider because we are all speculating anyway.

[MUGNIA]

If I were clairvoyant and could tell when coin prices were bottoming then I could buy more of all cryptocurrencies.
For example, the price of Solana coins drops to 50 dollars and then rises again to 500 dollars, but at 50 dollars I don't know when the price of Solana coins will rise, so I still don't buy it.
If you refer to the DCA trick, it might be easy to do, but unfortunately I don't have a lot of money to buy a coin in stages using the DCA technique.

If this trick could be beaten by everyone, then everyone would get into crypto and always make a profit,
Gradually is a good trick to do when purchasing crypto because little by little we will get a lot of crypto, not for one month, the purchase can be done routinely at a certain time when we have money.

[Report]

I am also interested in buying coins at Dip prices but I don't know when the coin price will become Dip because I am not a psychic.
Or maybe I can buy coins during the Dip when the coins are minus up to -85%. And I find coin drops like this very rarely.
This is probably the safest point to buy coins because at least if it is -85% it just rises slightly to -65% which means you have made a profit of 20%.