Quote from: Golftech on April 19, 2019, 08:46:18 PM

Quote from: samlaode on April 19, 2019, 04:56:27 AM

Quote from: samcrypto on April 19, 2019, 02:22:03 AM

Dont buy on every dip, because you cant know if the price will dump again. Buy when youre done with your analysis and already have your target profit. I buy right now because I want to have at least a short term profit, itd better if you increase your holdings when the price dumps dipper. We want to have a coin at a cheaper price but if we wait too much, we might miss the chance of buying now.

A positive and effective way of thinking even though not many people choose it. The waiting psychology has made many people miss good opportunities to earn profits, so they will wait and wait.

Problem that mostly encounter by traders and investors who failed to make a good assessment of the current market conditions, for people who understand the benefits of shorting the market, profiting from buying low and selling high will still be effective, while for long term holders preferring
to accumulate more and more and add little patience in waiting for the good bounce will bring much sweeter earnings.

The real problem in buying every dip is that most people do not have more capital to invest and therefore they cannot invest more if the coins dumps more.

Quote from: Rune on April 19, 2019, 10:53:01 PM

Quote from: malevolent on April 17, 2019, 04:18:43 PM

Quote from: DeathAngel on April 17, 2019, 04:05:56 PM

Im constantly buying when Im able to. In a few years the current price will seem like a joke. Anybody who isnt buying now will majorly regret it.

A lot of people were saying the same thing when the price was in the $10-20k range, and look where the price is now. There's no telling how long this bear market (we're still in one) is going to last; just as a reminder, the previous one lasted for two and a half years.

People who bought at 20k just need to hold there bags for a couple years and they will also be in the profits just need patience.
If you Buy cheaper you dont need to wait so long to be in the profit and you get more

Whoever bought at 20K will not be able to hold it for such a long period and may have to less at loss of course. Those who enter in the bitcoin market this year are lucky ones as bitcoin is at the lowest and will boom from here.