Right now the narrative set by the front page is “Don’t buy the dip, you may be catching a falling knife”.
Yeah, we are not going to wait when we have a chance to get our averages down. Yes we are not dumb, we are not going to throw everything at the market BUT we are going to buy and we may keep a bit to buy later if there is another dip.
Right now some of us never bought at these prices, this is an unexpected occasion to get some large bags. Your sentiment may be that the market may continue to fall but you may see institutional investors deciding to get in the market because it looks undervalued. You never know what will happen.
Decide for yourself but please do not miss an opportunity to get your averages down because you heard the doom and gloom spreaders. Don’t be burnt waiting for BTC = 20K USD, it may never happen.
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TLDR, I’m going to buy the fuck out of this dip and you should too !
I’ve really started understanding more than ever why some people just DCA on a specific date no matter the price. Its extremely stressful looking for a good entry just to see it fall down
This is why DCA is such a powerful strategy. The emotional and mental stress of agonizing over 5% on either direction eats at you and takes its toll.
You’re not gonna care about these price fluctuations in 5 years. You’ll just be happy that you accumulated over time.
If you can decrease your average buy price, you’d be foolish not to seize the opportunity and buy some.
Agreed, buying the fuck out of matic this dip. As soon as I get paid I’m putting in a ton. This is my favorite long term investment ever. We out here, buy the dip boys.
DCA is the best strategy, halving is just 2 years away
Bitcoin hashrate wont let it go much lower… if it does.. wont stay there long.
Agreed. Years from now, if BTC reaches hundreds of thousands of dollars, you’ll be more pissed that you didn’t simply buy in when it was cheap vs. being upset that you didn’t buy in when it was cheapest. It’s all about what your timeframe is I suppose.
Wait a bit. You’ll thank me later
I don’t believe what anyone says anymore about anything with crypto. I just do my own thing and hopefully it all works out.
What if it’s decided that BTC gets banned? Be careful how much money you sink into this black hole. So far it’s lost 50% from ATH. Saying that ah don’t worry it will go back up is just plain stupid. It might it might not.
I’m dipped out bro
When people tell you not to buy probably it is a great time. Be greedy when others are fearful amen.
I have been accumulating for months. I have missed out on major dips throughout my life, in many different markets. I’m not missing this one.
Buy now but DCA in at all times.
Edit: and set limit and stops orders too
That’s what people been saying when we went from 69k to 50k.
Been accumulating for a while now and don’t plan to stop lol.
Just gotta keep going until my goals are met
I’m not buying any extra shit until April at this rate lol
Well, you surely don’t buy a top right now!! I’ll go for it…
My weekly dca-ing doesn’t change for anything ,the only different thing I’m doing is sending prayers to Ukraine
There’s no way to know the bottom. Could be now, could be a slow crab market for 3-4 weeks.
If you’re going to be a long term hodler then now isn’t a bad opportunity
I’ll buy the dip at 25k
Yup, buy the dip…and make sure you have some leftover for the next dip after that!
I bought a little dip, might double dip later.
It’s generally best to buy when people are most fearful
No one is saying that. Everyone is saying DCA wiith caution.
I was the one who made the post you mention. I 100% agree with buying the dip, but some people approach it with the wrong mentality and lump sum
I know jack shit about where the market will go, but I just know that the risk/reward of lump summing is off
Exactly what I was thinking.
Asking someone to DYOR is better but saying “don’t buy now” is equal to “this isn’t the ATH yet”
dca is dca is dca, down or up it works
+hold, no reason to actualize the loss
So much easier and less stressful to DCA.
Every time I buy at the moment, I’m paying less than the previous time and that’s fine with me.
The ppls that loves to get burn only buys in Green Day’s… days like today they like to go under a rock…. Grown those pair of balls man…. And buy the crash 😉 I only see opportunities and littles fews are going to take it….
100% its called always be averaging in. Also make extra wallets for this. Manipulating the crypto market wants you to sell out, and then buy back in, so that they can track your wallets. If you have crypto sitting for a long time in a wallet, try not to use that wallet as much as possible so it can go dormant, and you can technically claim that you lost the pass, stolen, etc. be smart – mix your coins.
These prices are cheap regardless of whether or not it keeps dipping. Those trying to time the market, I assume, are more or less day traders. This is a bargain buy no matter what, you can’t lose
Buying in dip is fun if you have the money 💰 🤑 I always try to buy in dip or buy when crypto is at low cost but predictions of dip is always impossible and price can go more down unfortunately 😅. But I do my math 🧮, example Algo max price 2 dollars so anything understand 1.50 is a dip. Now algo went down to 70 cents. That not price we see every day so some people will be lucky to buy at 70 cents but most possibly at 1 dollars mark. Right now qhat happens is massive sell out of crypto and stock this is making every alt coins look like shit coin as far market cap and price action goes.
Let’s dip together bro.
DCA you cowards
Good luck to you sir!
My avg buy is 100$ I’m good
It is always a good idea to get your average down but it is also important to have an idea of what constitutes a significant dip and how likely is your crypto to recover from the dip.
If you are DCAing in every 10% on the way down you might run out of funds quite fast and find that your crypto is staying below your average for the rest of the cycle.
Look up your crypto vs BTC chart and draw the fibonacci bands. See if the drop has crossed 0.618 or the 0.786 mark. Thats a damn significant drop.
I put my hand up on my hip, when I dip you dip we dip, gonna get mine
Been buying each dip since the jan crash started.
Learn my lesson to not go in once with a sum. But split it into smaller amts
I have watched the market enough to know that you can’t make a profit if you buy at ATH or when it is mooning, so if you cant buy when it dips when can you buy??
This is not bad advice as a matter of bringing balance. However the times are too uncertain. If you have the funds and can spare it, buy but if you’re looking to get in with limited funds it’s also wise to wait. The low prices are going to be around for a while to gauge the market
Catching falling knives is statistically a bad play.
In a downtrend, there is one time to buy that’s the bottom, and all the other days you’ll just lose more money (if there’s any doubt in your mind of that fact, zoom out on the chart. Things have been shitty since September and every little rally didn’t hold)
Crypto markets are down bad enough that when they do start to correct, you have plenty of time to hop back in and take profit.
$10 here, $10 there. I’ll just skip a few lunches.