Buy on dip

[owmivmen]

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.

[Hamza2424]

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, I won't call it a correction, I do agree with the fact that the market was quite overheated with the funding rates and greedy sentiments. I'll call it a trap for the traders to liquidate them, TBH, I was expecting such a scenario where most likely people get over-excited about some event and the whales or institutes play such tricks to make them realize that they are the market dominators

In dumps how can we use the DCA, I'll be asking for the senior's guidance because in such dumps in a highly bullish market, most investors put the maximum of their buying because it can be the only dip before the ETF approval. TBH DCA is just a word to say not an action because on the price action such dumps last a few minutes or hours only.

[TopT3ns]

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.

The steps you have taken are very good because not everyone can see a good opportunity like this to buy coins. The distribution of money used to enter cryptocurrency must be managed well so as not to disrupt finances, which are very often used for life's needs. Currently, there are many people who forget that and choose to use all the money they have to enter cryptocurrency, but there is no guarantee of getting instant profits, which will make your economic condition fall apart.

[I-Bit]

Why we must feel panic? I think the market looks okay. If there is a dump, it is normal because we already have a pump previously. The price of crypto coins need some correction before they have another pump. Although people assume there is another factor that make crypto be dumped, I think we don't need to feel worried. As long as we are heading the Bitcoin halving, it is safe to buy and hold crypto coins.

[LogitechMouse]

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.

Always see dips as opportunities for you to buy. Every dip = a buying opportunity for you.

What do you want? Do you wait for Bitcoin to go even lower? What if it doesn't go even lower anymore? You wasted that opportunity so as much as possible, buy when there's a dip whatever the price is. Of course, don't buy when we are in a bull run. I took the opportunity and bought some Bitcoins. I don't care about short-term profits since I'm it for the long term.

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

I will disagree on this one.

What's the perfect time for us investors to invest in any market? It's the bear market. That's the time when prices of these tokens, coins, or whatever asset it is are at their lowest. When we are buying something online. Sometimes we are waiting for a sale to happen right so we can get it at a cheaper price? Same with crypto. It's like we are buying coins at a discount. The upside is higher when we buy on a bear market thus, more profit for us. Just make sure that you don't buy shitcoins or deadcoins.

[gunhell16]

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.

By now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.

Then, from what I see now and the market situation, it is, in my opinion, a good opportunity to buy potential coins, whether cryptocurrency or bitcoin. Because honestly, there are a lot of prices that have fallen in value now and then just hold for the long term.

[Bobcrypto]

Yes, buying the dip is a good idea, and that is, if you have the experience to determine a market dip. There are some times the market move from the dip to a bearish market, there are some markets conditions to master to make good trade . The basic things is having a good knowledge of  Technical analysis and fundamental analysis (TA/FA) of the market at all times.

[MrSpasybo]

By now, you know we are not in a bear market; we are in bull season anyway. Though you are right to use DCA for that matter, You are not alone in using DCA; there are many of us.

I agree with you, I think the bearish market is over and we are in the early stages of bullrun.

Although BTC dropped about 10% in a few hours, to me this is completely normal because crypto market is characterized by high volatility. High volatility is not bad, it generates high returns.

Look at weekly chart, everything is still very good and BTC is only slowing down a bit in uptrend. Of course, congratulations to investors holding stable coins who can buy BTC and ALTS at preferential prices ^^

[yawar20]

Last January I did bought lot of tokens and in December was able to secure good profit from ot. This strategy always works for me. Still doing it with multiple coins.

[Ambatman]

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.

Always see dips as opportunities for you to buy. Every dip = a buying opportunity for you.

Not every oooh LOL. Some are just a chain reaction for further dips without recovery. I bought Xym 2020 around $260. Sold it last year for $10 . Proof not all dip should be bought and holding isn't always the right choice. Currently i would say buy some, if the market falls you loss a little and rises you gain too without any FUD or FOMO. But as is Bitcoin buy in spot and don't sell in loss. You can choose to restart your DCA if another dip occurs.

[Mehedi72]

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

[ariaryanto]

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.

I think now the market has improved from before and the price of almost all cryptocurrencies has gone up because bitcoin has started to emerge from the darkness again... if you want to buy coins, look at the market volume and find out information about the coin market. You can even join communities that discuss trading. If you are sure about the coins you are going to buy, just go ahead and don't hesitate, if you buy all the assets you have, maybe only half the assets, the fear is that if the coins decline very far, you will automatically lose, but not all your assets will only be half. the assets you invest.

[Shahinaz]

good idea, but not everyone can make the right decision to buy when the market is going down, is this a trap at the start of the market or could it be that the market is really bearish or just the beginning, here we need knowledge in looking at market conditions and need references from various sources before making a decision

[alltalk]

good idea, but not everyone can make the right decision to buy when the market is going down, is this a trap at the start of the market or could it be that the market is really bearish or just the beginning, here we need knowledge in looking at market conditions and need references from various sources before making a decision

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.

[salad daging]

The drop was only momentary and bitcoin returned to the $44K area although it has not touched back to the current high price of $45K.
I don't buy dips, always set on the initial DCA plan which is now still ongoing, I don't care if the price wants to go up or down will still continue the DCA strategy every week or month.

It is clearly wrong if someone uses all the money to buy bitcoin when it goes down, they must be able to manage finances so that daily needs and investments run well without any problems later, if you receive a 100% monthly salary then set aside for investment 20-30% depending on your needs.