Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: cryptothief on March 23, 2018, 06:38:35 AM
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I keep reading that we are supposed to 'buy the dip'. The only problem with this advice, as solid as it is, is that no-one knows where the bottom of the dip is. I have 'bought the dip' about 5 times in the last few months. Can't wait to 'sell the highs' later this year. Just hoping I don't have to buy another dip before that happens.
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Recently cryptocurrency market are turning red and I think this is another opportunity to buy in a dip price and wait until good market correction come for profitable return. Buying the dip again are great advantages in the future investment.
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Even if no one knows how "deep" is the dip, today prices are very very low compared to some months ago so I think it's a good opportunity to pick some coins if you are have a long term view.
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This strategy works very well in a growing market. During such corrections as now everything is much more difficult.
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I myself already 3 times bought at the dip. I want to believe that soon the market will recover.
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That is the problem because we are not all knowing. Our ability is limited that actually sometimes leads us to our mistakes and regrets. However we learned from the past to make the present better.
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Buying the dip is actually the best for holding system. Because whenever the price falls, you can get access to coins at a cheaper price and sell it when the prices go high.
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It is very difficult to predict the lowest price of a coin. if it can be done everyone will get cheap coin prices. my advice you just need to wait and be patient until you get profit according to your desire and buy again when price decrease.
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This strategy works very well in a growing market. During such corrections as now everything is much more difficult.
Yes It is true mate. I have done it. I used this strategy. Buying the dip, and sell when get the profits.
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If we compare the initial course to today's, then clearly there are differences and they are strong. But you do not need to worry, after all, the bar has started to improve so much and maybe even overtake the initial course.
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Although we do not know how dip crypto will be when it's on this situation as long as it is on that time nothing to worry about because the profit is yours right on that moment you only have patience with you.
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I always pay attention to the price of Bitcoin, if you know the lowest Bitcoin in 2018 is around $ 5,800.
but the Altcoins continued to decline sharply and could not be stopped.
:'(
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Buying the dip can be very profitable but not everyone is able to do it as buying at dip there are many uncertain risk involve in it for example market does not recover can keep dropping.
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Yeah! Sure it is, dip is somehow makes you earn huge amount of money.we cant see the bottom but for sure we know that market is in dip. Instance, bitcoin is stablized at 7k to 7.5k then a few days more it drops to 6.5k.. This is a strong indication that market is experiencing fallout/corrections or simply a bear market position where dip has it placed.
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I keep reading that we are supposed to 'buy the dip'. The only problem with this advice, as solid as it is, is that no-one knows where the bottom of the dip is. I have 'bought the dip' about 5 times in the last few months. Can't wait to 'sell the highs' later this year. Just hoping I don't have to buy another dip before that happens.
I think It is good way to get alot benefit, You can buying the dip and sell when high.