Buy on dip

[I-Bit]

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%.

You need to learn 4 years cycle of bearish-bullish to know when the best time to buy at the dip. If you bought the coins in 2022, it means you buy at the dip because it was the time of most coins have very cheap prices. Most of them were -85% or even -90%. Sure, it was the safest time to buy coins. However, it was also not bad if you bought in 2023. But we must be careful when we buy in this year and the next year. Always remember that the best time to buy is in the bearish season.

[bayu7adi]

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

Never, I never go all in on buying and selling cryptocurrency, this is part of my strategy for investing in long-term cryptocurrency. All in does open up the potential for greater profits, but that is also thanks to the big risks that have been taken.

Just in case market conditions are uncertain, let's say the bearish market lasts longer and prices fall further... there our opportunity to buy coins at a cheaper price has run out. So we cannot have a low average purchase price.

[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%.

You need to learn 4 years cycle of bearish-bullish to know when the best time to buy at the dip.

Why wait 4 years? Did I make a mistake in pronouncing the words when making the post?
Why not 1 month, 2 months, 1 year, 2 years? Isn't that 4 years to buy coins so very long.

If you bought the coins in 2022, it means you buy at the dip because it was the time of most coins have very cheap prices.

I looked at the chart for Bitcoin in 2022, it looks like the price is very low but unfortunately I can't buy coins in 2022. So what about 2024? Is this the wrong year to buy crypto coins?

[TopT3ns]

Never, I never go all in on buying and selling cryptocurrency, this is part of my strategy for investing in long-term cryptocurrency. All in does open up the potential for greater profits, but that is also thanks to the big risks that have been taken.

Just in case market conditions are uncertain, let's say the bearish market lasts longer and prices fall further... there our opportunity to buy coins at a cheaper price has run out. So we cannot have a low average purchase price.

That way, at least you have managed your finances well, because so far it has been very difficult to maintain a stable financial condition. Placing all your assets at once will only speed you up to become rich or it can also make you poor very quickly. Keep your emotions under control and don't be easily influenced by market conditions.

[Aanuoluwatofunmi]

The best idea is in the ideal way of buying the dip and holding till the market surges, we need to try our all best in whatever thing we are doing to wait to the time the market is dip then we invest, this will always be of more chances to us than when we are buying high and have to wait more longer while the markets gets going dip, but when we hodl a coin and have the leniency till the market rises, we are going to be more profitable with our investment.

[gunhell16]

Maybe most people know that the buying dip will give us a good profit in the future. All we need is to know when it's the right time to buy deep into a coin. Maybe later on we will have to wait and wait, and then when it suddenly became bullish and we still thought that it would go down, it went up gradually, and we were left behind.

So we must know how to properly execute the buy dip that we are talking about in this discussion. The question is, how do we know if a coin is in a dip?

[bitterguy28]

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.

you advise us to buy on dip but do not use all our money?

but Bear market is where the best time to purchase more as we are waiting for the moment like this.

i agree with DCA being the best way to gather money now but if I am to decide ? since now the halving is coming and the potential ATH may be recorded , I will use all my funds to buy before that time.

[Fivestar4everMVP]

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.

Well, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.

I believe as investors, we all have our different investment strategies that we have adopted and it's been working well for us, personally, I use DCA strategy but not all the time, DCA is only good when we are in a fall blown bear market when we are very sure that after we've bought a coin, the price of that coin has a high potential to keep going down, in such times, we reserve funds to keep buying more and more as it continues to drop.

But for this season we are in, DCA (for me) isn't the best strategy to use, if you are going to invest in a coin, buy it all at once when you have the opportunity, because buying with a small amount, and waiting for the price to go down even the more before you buy again, simply means that you may end up buying that coin again at a higher price, or miss out on gains.

I bought a coin last night, and actually reserved some funds to buy again this morning if the price has dipped again or remained the same, but unfortunately, I woke up this morning to an over 34% increase in the price of the coin, and now, I regret not spending all the money on it when I had the opportunity of buying low.

[Thyplaymaker]

Well, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.

I believe as investors, we all have our different investment strategies that we have adopted and it's been working well for us, personally, I use DCA strategy but not all the time, DCA is only good when we are in a fall blown bear market when we are very sure that after we've bought a coin, the price of that coin has a high potential to keep going down, in such times, we reserve funds to keep buying more and more as it continues to drop.

I understand what they meant by not going all in at once. As an long-term investor going all in is never their style, because they need to set aside other funds like emergency funds and some reserved. The reason for the emergency funds is to coverup some expenses, and the reserved funds to buy the dip if there's further dips, though the dips is an opportunity we must grab when it comes to purchasing a coin for ourselves. But sometimes the dip might be tricky, because we all know that predicting market movement is almost impossible. So most time some dip is not actually the main dip , for instance a dip occur and an investor quickly took action to buy the dip using all his funds and lateron market dip further with his funds in .so such individual would not have another reserved funds to buy again because he or she has already go all in with Their fund's (using lump-summing). That why sometime most investors prefer spreading their money when purchasing the dip.

[MRY]

Maybe most people know that the buying dip will give us a good profit in the future. All we need is to know when it's the right time to buy deep into a coin. Maybe later on we will have to wait and wait, and then when it suddenly became bullish and we still thought that it would go down, it went up gradually, and we were left behind.

So we must know how to properly execute the buy dip that we are talking about in this discussion. The question is, how do we know if a coin is in a dip?

Actually, detecting the price of Bitcoin at a lower price is very difficult to do. Many out there have very large amounts of Bitcoin and can dump depending on their wishes. As happened some time ago, someone made a transaction of 30K Bitcoin. With transactions of that size, the price of Bitcoin on exchanges collapsed.

You can see the transaction here: https://www.blockchain.com/explorer/addresses/btc/bc1qf2yvj48mzkj7uf8lc2a9sa7w983qe256l5c8fs

To find out the right position to enter Bitcoin, you must always monitor the conditions of the exchange.

[Jating]

Well, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.

I believe as investors, we all have our different investment strategies that we have adopted and it's been working well for us, personally, I use DCA strategy but not all the time, DCA is only good when we are in a fall blown bear market when we are very sure that after we've bought a coin, the price of that coin has a high potential to keep going down, in such times, we reserve funds to keep buying more and more as it continues to drop.

I understand what they meant by not going all in at once. As an long-term investor going all in is never their style, because they need to set aside other funds like emergency funds and some reserved. The reason for the emergency funds is to coverup some expenses, and the reserved funds to buy the dip if there's further dips, though the dips is an opportunity we must grab when it comes to purchasing a coin for ourselves. But sometimes the dip might be tricky, because we all know that predicting market movement is almost impossible. So most time some dip is not actually the main dip , for instance a dip occur and an investor quickly took action to buy the dip using all his funds and lateron market dip further with his funds in .so such individual would not have another reserved funds to buy again because he or she has already go all in with Their fund's (using lump-summing). That why sometime most investors prefer spreading their money when purchasing the dip.

Setting aside like emergency funds and others, I think DCA is the best strategy to used in dip even if we are in a bull run. Of course, if a investors has large capital he/she can buy in lump sum. But for the ordinary investors, we should use DCA and it will cover whether we have big or small capital. As with this strategy, we don't need to time the market, and we can control how much we can buy and so it depends on our budget. So even if the dip is tricky, an average buy thru DCA is the best weapon for us.

[0t3p0t]

Maybe most people know that the buying dip will give us a good profit in the future. All we need is to know when it's the right time to buy deep into a coin. Maybe later on we will have to wait and wait, and then when it suddenly became bullish and we still thought that it would go down, it went up gradually, and we were left behind.

So we must know how to properly execute the buy dip that we are talking about in this discussion. The question is, how do we know if a coin is in a dip?

I am one of the victim in this kind of scenario to be honest but right now I learned that DCA is the best thing to do whatever trend is available it's not gonna hurt that much if it flips on the other way as long as DCA is consistent. Buying the deepest tip of the dip is very hard to pinpoint.

[Thyplaymaker]

Maybe most people know that the buying dip will give us a good profit in the future. All we need is to know when it's the right time to buy deep into a coin. Maybe later on we will have to wait and wait, and then when it suddenly became bullish and we still thought that it would go down, it went up gradually, and we were left behind.

So we must know how to properly execute the buy dip that we are talking about in this discussion. The question is, how do we know if a coin is in a dip?

I am one of the victim in this kind of scenario to be honest but right now I learned that DCA is the best thing to do whatever trend is available it's not gonna hurt that much if it flips on the other way as long as DCA is consistent. Buying the deepest tip of the dip is very hard to pinpoint.

always waiting for the dip doesn't end well most time because we can't actually time the market, so instead is better to use DCA to accumulate at different price interval, even during the dip. To avoid any form of missing out, that how alot of people miss the opportunity to purchase Bitcoin when the price was still low back then because they kept on waiting for the dip.

[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.

Well, sorry but I find your post in-complete, if you must tell me not to use all my funds to buy or invest in my favorite crypto when there is a dip like this, then you must also tell me the reason why doing so (which is, investing all my funds) is a bad idea.

I believe as investors, we all have our different investment strategies that we have adopted and it's been working well for us, personally, I use DCA strategy but not all the time, DCA is only good when we are in a fall blown bear market when we are very sure that after we've bought a coin, the price of that coin has a high potential to keep going down, in such times, we reserve funds to keep buying more and more as it continues to drop.

But for this season we are in, DCA (for me) isn't the best strategy to use, if you are going to invest in a coin, buy it all at once when you have the opportunity, because buying with a small amount, and waiting for the price to go down even the more before you buy again, simply means that you may end up buying that coin again at a higher price, or miss out on gains.

I bought a coin last night, and actually reserved some funds to buy again this morning if the price has dipped again or remained the same, but unfortunately, I woke up this morning to an over 34% increase in the price of the coin, and now, I regret not spending all the money on it when I had the opportunity of buying low.

Firstly, you should not regret it, if only because nothing can be changed. The fact that you left an additional amount for additional purchase in case of a fall is correct. It is not a fact that it will not be needed next time.I don’t agree with the fact that in the current situation you can buy with all your money; not a single investor will put all their eggs in one basket. Everything can go according to an unplanned scenario at any moment.

[DaNNy001]

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%.

You need to learn 4 years cycle of bearish-bullish to know when the best time to buy at the dip. If you bought the coins in 2022, it means you buy at the dip because it was the time of most coins have very cheap prices. Most of them were -85% or even -90%. Sure, it was the safest time to buy coins. However, it was also not bad if you bought in 2023. But we must be careful when we buy in this year and the next year. Always remember that the best time to buy is in the bearish season.

Everyone knows this but the truth is that some investor are still shy of buying during this period and that's why they fail to do the most important thing when it comes to investment in the crypto space which is doing or knowing the right time to buy. The skepticism that investor harbor during the the bear season is something else and but the minute they start seeing coins pump, the rush to have the coins become more vigorous.