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Dan Held Shared: You said you were going to buy the dip. Well, now it’s here. Did you buy it? You probably didn’t. But you will when Bitcoin goes back up.
Community Response: No money left! All gone when the dip was at 53k lost a lot so far! It keeps dipping.
Stop listening to these BTC maxis. They want you to buy the create a floor for them when they get scared that they’ll lose their gains. Learn TA, and how to analyze Glassnode and as a general rule do the opposite of what the Bitcoin moon boys tell you.
I’ve been saying buy the dip since Bitcoin was in the hundreds.
That’s nice and all but what about right now? I’ll buy BTC from you for a few hundred per coin. As someone who missed the crazy BTC gains, other products provide better opportunities. Founders and Holders made the real money. So now, just settle for a 2-10x over the next cycle?
Why the hell would someone buy a falling knife!? Wait for the confirmation and then enter into a trade. I am tired of all this, buying the dip bullshit. Causes many newbies in the market to lose their savings.
If someone is trading these dips and buying short-term, I feel sorry for them. On the other hand, if you are investing in the long term you are buying at discount. However, make sure to have enough cash for further discounts IMO.
No one has seen the price return signs yet, has anyone? So do you think BTC will drop to 40k?
Not at least for now. But he has to disappoint everyone and then go up. But for now, everyone is respecting to rising from this area. And of course, there is a strong cluster of the weekly TL and the important 40 levels.
I experienced this statement against me getting wrong many times. Btw, hope it will not happen and we’ll go for $1M. In only say, what chart told me.
What makes you think this is the dip? Fear everywhere! LoL calm down is just BTC. Buy a dip for a change rather than the top.
Wait for bull confirmation. The trend is bearish BTC bitcoin since $69k w/ LH and LL, still under 200dMA, under 50wMA. Better to buy a bit higher with confirmed reversal than buy now and have it dump 30-50% more. IMHO.
Guy, bitcoin will drop more, this cycle is ended but in 3 years I will reach more! Just have patience and money to buy more!
This your first bear market? BTC loses 85% from its top on average. See you at 10-15k within a year.
These don’t feel like dips when it’s been a slow bleed downwards. Everyone around from 2018 feels the PTSD right now…I bought the dip too many times at 12k, 10k, 8k.
I think it only makes sense to buy this dip now if you are to hold long-term. If you want to trade it in a week or a month, you probably should wait for some time.
The problem this time is I bought the 6 previous dips. So, you know? It is more like crashing than dipping if you ask me.
This is the time to buy the dip. Smart Money concepts can help you understand the market like the big players & reduce the number of losses you take. This is a Bitcoin explanation/example of liquidity & how it moves the markets, along with the purpose of Wyckoff.
The crypto market, like any market, speculative or not, may undergo a long period of consolidation before any serious move would occur. In the case of BTC from a technical POV, has formed a visible double top, it might make triple next few months. But a drop to the next real demand is inevitable.
