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Author Topic: Buy on dip  (Read 6845 times)

Online JoyMarsha

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Re: Buy on dip
« Reply #60 on: January 15, 2024, 10:58:51 PM »
When you see the Bitcoin price movement rising very sharply, you have to pay attention to the fact that the price movement can immediately collapse when bad news strikes, so it's better to remain alert when you have a lot of Bitcoin. Even though you have put everything in Bitcoin, we still have to learn from several previous incidents. This year, the price collapsed to the base price.
For sure, if negative news should strike at this time, there will be a decline in bitcoin prices. However if the crypto market should experience negative news before the halving, it will react badly to it in price but if it is after the halving season, the good news of the halving season would overshadow the bad news that would happen then, making the bitcoin price not be affected by the negative news

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Re: Buy on dip
« Reply #60 on: January 15, 2024, 10:58:51 PM »

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Re: Buy on dip
« Reply #61 on: January 16, 2024, 07:29:13 AM »
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.

Now the market has become bullish, and judging by the rates of some alcoins, a real bull run has begun, which will not end until the halving of bitcoin and Ethereum etf. I agree with the idea that you should always leave part of the deposit in stable coins. Preferably 20 percent. This is a reasonable trading decision, because prices are not predictable and the cryptocurrency exchange rate can always drop even more. And then you need to buy. And crypto enthusiasts often do not follow this rule and spend all the stablecoins to buy cryptocurrency at the bottom.
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Re: Buy on dip
« Reply #62 on: January 16, 2024, 08:20:14 AM »
Cryptocurrencies price fluctuates, so for Bitcoin. So accurate dip position is hard to find out. But yeah, that time was to buy Bitcoin as you can see, Bitcoin almost recover its all losses that happened recently due to market flash crash. And thats rhe power of Bitcoin. EFT will help Bitcoin more to go ahead within this month. Afterwards you need to analysis before investment cause Start of Q2 is halving zone of btc which will affect the price than usual

If we talk about the crypto market in general, I would not make such a rigid tie to Bitcoin. The best proof is the higher level of "price acceleration" of some altcoins ! There are altcoins that show higher profit levels against the background of "digital gold", and this is a natural and expected process. Plus, in times of a bull market, there are bound to be projects with a short life cycle, but very high profits due to classic market manipulation methods, which is called by one word "pump". If we are talking about long-term investments - then here it is either Top 10, or invest in new, high-tech crypto projects

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Re: Buy on dip
« Reply #63 on: January 23, 2024, 03:58:24 PM »
For sure, if negative news should strike at this time, there will be a decline in bitcoin prices. However if the crypto market should experience negative news before the halving, it will react badly to it in price but if it is after the halving season, the good news of the halving season would overshadow the bad news that would happen then, making the bitcoin price not be affected by the negative news
In general, Bitcoin will always be affected by the news that is happening at that time, whether it is bad or good news. So the role of social media in Bitcoin is very obvious and cannot be avoided. But sometimes the reaction can disappear quickly, but not infrequently, it can also be prolonged because the role of investors who react is sometimes excessive. But you also have to remember that Bitcoin has the characteristic that sometimes it repeats things that have already been done, so sometimes the news can't influence whether Bitcoin wants to do it. where, for example, after the halving era, bitcoin will move slowly to increase, and it will do so.
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Re: Buy on dip
« Reply #64 on: January 23, 2024, 08:43:23 PM »
When you see the Bitcoin price movement rising very sharply, you have to pay attention to the fact that the price movement can immediately collapse when bad news strikes, so it's better to remain alert when you have a lot of Bitcoin. Even though you have put everything in Bitcoin, we still have to learn from several previous incidents. This year, the price collapsed to the base price.
For sure, if negative news should strike at this time, there will be a decline in bitcoin prices. However if the crypto market should experience negative news before the halving, it will react badly to it in price but if it is after the halving season, the good news of the halving season would overshadow the bad news that would happen then, making the bitcoin price not be affected by the negative news
It has already happened that the price has sharply coming down with even speed. And that is why bitcoin is unpredictable, and with this sudden downturn, people would be disappointed with the market price. And with what is happening in the market, I believe it is the halving that is calling and the way the price is coming down it might hit $25k again and that will one of the best time to buy the dip. And if the price hit 25$k then that will be the dip in this year before the bull run will take place. Therefore if anyone is interested to invest start now with the DCA.

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Re: Buy on dip
« Reply #65 on: January 24, 2024, 04:24:36 AM »
I have two ladders for btc trading.

one  down to 33k

one up to 80k

so on the decline I got

40k
39k
38k



i did sales at

47k
48k


I have a cold wallet for hodl
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Offline Jackie0012

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Re: Buy on dip
« Reply #66 on: January 25, 2024, 10:31:48 AM »
Buying during a market correction using the Dollar-Cost Averaging strategy and investing in only a few coins, without using all your money, can be a cautious and strategic approach.

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Re: Buy on dip
« Reply #66 on: January 25, 2024, 10:31:48 AM »


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Re: Buy on dip
« Reply #67 on: January 25, 2024, 10:19:32 PM »
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.

DCA strategy is good way to do and useful.
I buy bitcoin and altcoin every week.
Don't panic with this condition, when we all see market correction.
As many people said it's a good time to buy and accumulate our coins collection in our wallet.
Always buy on dip and hold.
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Re: Buy on dip
« Reply #68 on: January 25, 2024, 11:50:46 PM »

DCA strategy is good way to do and useful.
I buy bitcoin and altcoin every week.
Don't panic with this condition, when we all see market correction.
As many people said it's a good time to buy and accumulate our coins collection in our wallet.
Always buy on dip and hold.
When exchange conditions are being corrected like this, this is the right opportunity to buy Bitcoin again because the price is going down again and add to your portfolio because the price will definitely go up again because the halving is approaching. All cryptocurrencies have the potential to become expensive.

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Re: Buy on dip
« Reply #69 on: January 25, 2024, 11:58:07 PM »
When exchange conditions are being corrected like this, this is the right opportunity to buy Bitcoin again because the price is going down again and add to your portfolio because the price will definitely go up again because the halving is approaching. All cryptocurrencies have the potential to become expensive.
I think the way you manage all the assets you own by putting them in a portfolio record is a very appropriate and smart choice. Next, you just need to enter cryptocurrency, which has a clear exchange rate and has products that are useful for people, so that it will provide valuable selling points and can provide a lot of profit.

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Re: Buy on dip
« Reply #70 on: January 26, 2024, 02:30:35 AM »

Indeed. If we have lack of knowledge, it is difficult to make the right decision. We must be afraid to buy because we see the market is reddish. In this situation, people prefer to stop buying any coin and want to see the change of the market trend first. But if we have knowledge to analyze the situation, we may feel optimistic to buy because we know it is just a temporary condition. Smart people may take advantage from reddish market, meanwhile average people feel panic about the situation.

Good advice, mate.
We should have knowledge before invest.
learn about market, coin and also have good prediction.
I agree with you, we should have knowledge to analyze the situation, especially market conditions.
When market seems down, better to hold and wait.
always don't be panic.
Maybe senior will have good emotions management.
But for newbies, they will be panic when market drop

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Re: Buy on dip
« Reply #71 on: January 26, 2024, 03:33:28 AM »
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.

Although it is not advisable to use all money to invest in crypto, we always said that someone should use the money they can afford to lose. However, the method of dollar cost averaging (DCA) is very good and a simple process to invest in crypto. Although the market is in a dip, and you are right that people are panicking, this is not a big deal since we all know that the market rises and falls, and that is the fact about the cryptocurrency market, so any investor who is panicking now, I think they don’t invest the amount they can afford to lose, and that’s why they are panicking.

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Re: Buy on dip
« Reply #72 on: January 26, 2024, 06:04:14 AM »
When exchange conditions are being corrected like this, this is the right opportunity to buy Bitcoin again because the price is going down again and add to your portfolio because the price will definitely go up again because the halving is approaching. All cryptocurrencies have the potential to become expensive.
Everything that happens to Bitcoin certainly needs to be paid attention to and utilised as best as possible, such as when Bitcoin undergoes a correction. Of course, this is an opportunity that should be taken to continue buying and adding to the coffers of Bitcoin in our wallet. As we know, the unknowable nature of Bitcoin means that the opportunity for correction could soon end without us enjoying the opportunity to buy it.So if there is an opportunity, don't delay and take immediate action to increase your savings in your wallet.It's true that soon the halving period will come, and of course there will be an increase, so we can save first.
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Offline Uruhara

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Re: Buy on dip
« Reply #73 on: January 26, 2024, 07:46:31 AM »
Based on the news I read from Cointelgraph and Blockworks.co which contained ''JPMorgan says GBTC outflows stemmed, bitcoin downside ‘should be largely behind us’ ''1 & 2 and this gave rise to speculation that the decline should have passed. So, what do you think about this? Is it really time for BTC to rise again?

Since I personally have accumulated some altcoins so I might expect btc to rise again quickly. Because I want to get some profits from some of the altcoins that I hold. I have also accumulated BTC again when it fell to the 38k area. But that's for the long term so I don't care about the price now.

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Reference:
1. https://blockworks.co/news/jpm-grayscale-gbtc-outflows
2. https://cointelegraph.com/news/gbtc-sell-off-to-stem-jpmorgan-bitcoin-etfs-record-net-outflows

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Re: Buy on dip
« Reply #74 on: January 26, 2024, 07:54:35 AM »
It feels like the market has revived after bitcoin has grown to 45k, while now we get a lot of FUD that is only words but not actions of investment funds and financial organizations in the United States that can influence the price of Bitcoin and, judging by everyone, speculate, taking advantage of their position. Many influencers believe that Bitcoin cannot go down to 38k, but I think that the price of bitcoin can easily fall to 30k. Therefore, you should always keep several Stablecoins.
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