Quote from: seoincorporation on December 02, 2018, 03:47:16 PM

Quote from: freightjoe on December 02, 2018, 02:39:39 PM

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

LoL, you talk like if bitcoin price only goes one way, let me introduce you to my friend 'The bump', that's when bitcoin price goes up, because price rise sometimes, not everything is crash.

The point here is, how dip is the dip, we can't be sure how down goes the crash, so speculation is always another bet.

That is one of the hardest when we are planning to buy bitcoin, if the price goes down; we do not know if the dip will dip more or it will now bump. Speculations of bitcoin is not easy as they think.