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Can we really “Buy the Dip” ?

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Couldn't sleep this morning and thought - why not make a cryptocurrency update! Speaking at Blockchain Economic Forum: http://bef.latoken.com/ 40% Discount use coupon code "BOXMINING" 👍🏻Subscribe to Boxmining for Daily CryptoNews and #Altcoin explainers: https://www.youtube.com/c/boxmining 👑Recommended Exchange - Binance: https://goo.gl/joe55C 🔒Hardware Wallet: https://www.ledgerwallet.com/r/428b 📲Mobile Wallet: https://enjinwallet.io/ Brave Browser: https://brave.com/box831 ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Telegram groups: Telegram Discussion Group: https://t.me/Boxdatamining Telegram Announcements: https://t.me/boxminingChannel ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ♨️Social: Steemit: https://steemit.com/@boxmining Twitter: https://twitter.com/boxmining Facebook: https://www.facebook.com/boxmining ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● I talk about: #Bitcoin #Ethereum #Cryptocurrency #Crypto #Altcoins
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Text Comments (295)
TheSprinklerNinja (25 days ago)
Hi michael, did you hear the news about valve suing opskins? What is your take?
Boxmining (25 days ago)
it's a big shift in their replationship - and also Valve has made clear their business model. Valve want's to show their centralized power and tis soemthing that won't last too long.
belle1113 (27 days ago)
I think you should invest in LEDU token...because LEDU has a potential to go up....and Education tokens (LEDU) are now listed for trade on Gate.io and Bibox cryptocurrency exchanges.
Bizul (29 days ago)
If you are into privacy cryptos, you don't want to miss the DeepOnion dip. They integrated Tor into the wallet for identity protection. The value decreased a lot because they just finished a 40-week public airdrop and many are selling their free coins. The project is huge for a small team, but if the devs continue delivering, I feel it will become popular soon.
charlie sanchez (1 month ago)
Boxmining is that you on the banking on bitcoin movie?
Chief Tee (1 month ago)
Don’t hate other channels.
Sagar Saxena (1 month ago)
For all the viewers, If you wish to stay updated with the Crypto world then, www.coingape.com is worth a check! Cheers
blade runnsss (1 month ago)
Sorry but averaging down isn't going to work. Bitcoin is going to 3-5k. WAIT!!
PassFissn (1 month ago)
im so tired of not being able to listen to videos without constantly blasting "BITCOIN, CRYPTOCURRENCIES" out the speakers for neighbors to enjoy also crypto is suppose to be private
PassFissn (1 month ago)
thats amazing, wonder if its due to cryptocurrencies you can´t sleep
Hosam Alobaid (1 month ago)
please talk about Tezos vs EOS
Nero Arisch (1 month ago)
this aint no 10% dip - from the beginning of May the market went from 480 billion to 260 billion at present - thats 50% not 10%
CryptoSecret 币密 (1 month ago)
Do you sell all your altcoin now?
Chessknock (1 month ago)
Beejan World (1 month ago)
Blockchain is the future, technology is next level, wtf does that have to do with crazy price action?btc is worth 100, eth is worth 0,litecoin 10, and it shud be fixed at that, y price fluctuation like its some stock
DazzFire (1 month ago)
Michael is House Stark. :D
L 05 (1 month ago)
I sold all shitcoins (every coin after place 150) and bought coins in the top 25
Andy Dandy (1 month ago)
Michael.... why do all cryptos move in the same direction?? They all, either go up or all go down. Zero independence. Scary.
jderoc (1 month ago)
Luckily, if you look at enough, this isn't the case. EOS moving pretty independently, and tokens GNT moves quite against ETH lately, OMG was moving all over but now trading tight with ETH. There's independence in good projects and risky ones.
goatmonkey2112 (1 month ago)
I think it's because prices for all of the altcoins are in terms of BTC. We need more trading pairs, and we need more on-ramps direct to altcoins.
Andy Dandy (1 month ago)
Boxmining Thanks tho... I do appreciate your work and understanding of cryptos.
Andy Dandy (1 month ago)
Boxmining In the stock market, people are able to differentiate between certain industries, cycles and products. Speculating on what they believe will outperform. There seems to be little to none of that happening here in cryptos. Don't get me wrong, I see the potential of block chain but right now, the whole market is moving together on collective fear or greed. Not on sound investment practices.
Boxmining (1 month ago)
Most people mentally put all crypto in a box
Andy Dandy (1 month ago)
A couple dips a month? You mean a downward slide over the last 6 months?
hadikhan63 (1 month ago)
I listened to your paid interview about Cobinhood and all my money is lost now because cob token will be zero soon..Thanks micky
Eren Kaslte (1 month ago)
Can Vertcoin be 51% attack??
Cristian D. Matesan (1 month ago)
It's just annoying when there's no real reason for such a dip or crash... I realize the marketcap is still up from last year but it's getting a little ridiculous, especially when you have coins like icx and ven doing so poorly and only good news has been coming out
DAWAARE (1 month ago)
it's just the hype is dead u kno not as many people wants to invest in crypto after such a long bear market... new investors are the ones who got annihilated past few months.... most coins are still high compared to early last year. xrp was 4 cents and btc was 1200$ in april 2017 i think another bull market will come but it might take months or years..
Cristian D. Matesan (1 month ago)
DAWAARE I get it, it's not going anywhere but up still... But I'm just saying, and I think everyone can agree, it's annoying
DAWAARE (1 month ago)
A lot of people were worried last year that futures proly will destroy bitcoin price:) plus the the entire market was insanely pump in between oct and december 2017
Crypto Blogger (1 month ago)
You can only buy the dip if you have money waiting when the dip occurs
Stergios Mavroudis (1 month ago)
Ofcourse you can. Continue giving them your money. They ll appreciate it.
Austin (1 month ago)
Thank you
Nikolas X (1 month ago)
IOHK, ETC, Cardano is going to be big in my opinion.
Nikolas X (1 month ago)
I’m buying more Cardano.
Nurul Islam (1 month ago)
Maybe its because lot of alt coins have gone below november levels, before the bull run.....and many coins are 90% down....and its bit strange taking into account all the blockchain interest...anyway still holding 😂 gone to losses, i invested in october
dactylntrochee (1 month ago)
My two cents: I rarely, if ever, hear about dollar cost averaging. Though I've seen academic debunking of it, the basic tenet still makes sense to me. That tenet says that, if you have determined a product has an inherent value that will be acknowledged in N years, buy a fixed amount (measured in the fiat of your choice, USD for me) at even intervals (monthly is nice: you don't have to do it too often). When the price is high, you'll buy less (fewer units) . When the price is low, you'll buy more (units). In N years, you'll have bought more units at the lower prices than the high, and when the world catches on at some point, the price will be higher than the average than YOU bought for. Let's invest a hundred monthly for a while and see what happens: Month Price Units 1 1000 0.100 2 2000 0.050 3 500 0.200 4 100 1.000 5 50 2.000 6 200 0.500 7 1000 0.100 8 4000 0.025 You just spent $800 to buy 3.975 units, for an average price of $201.26, and you were in the game the whole time. Under this system, all you have to do is be reasonably confident in your intelligence, but not over-eager. It means that you have examined the "product" at the working level -- just like Warren Buffet. He visits operations, gets to know the owners, the financial structure, the real estate holdings, etc. before he buys a company. Well, we too have to get to know the ACTUAL WORKINGS of the project, look at who's involved and where they've been before, determine if you are convinced by their abilities and personalities and -- get started today -- read code to see if the damned thing's gonna work. I, for instance, like older developers who speak without hyperbole and who have had their hands dirty at the actual development level. I like spokespeople who look at whole projects and understand both how they work and how competitors work. Spokespeople who are angry, insulting, too young, garishly dressed, or speak in a way that gives me bad vibes work against the project they represent, so I don't buy in. Choose a few projects -- not more than you can understand at the ground level -- trust your intelligence, and average the market for several years. If I can do it in the middle of my 7th decade, you can do it in your 3rd or 4th. If you have to wait "an eternity" to see a return, you'll have reached the ripe old age of 50. Of course, if I fail, it'll only be my kids who don't see all that buying power -- because I was only using money that they'd otherwise have inherited, so it's no skin off my nose. But really, that's just a corollary to the principle that says "Don't put in more than you can afford to lose." Given that philosophy, there's NOTHING I like better than to see the current bubble burst: it just means that I can come home with more goodies every month. Don't worry, we're not going back to barter, or gold dust, or credit cards with 3-carbon slips to be sent in at the end of the month. This is, at least to my own point of view, the way technologies have always progressed over time. Unless history has ended, the trajectory should continue. I hope this wasn't financial advice. I like to think of it as simple "DUH! What did you THINK was gonna happen?" But anyhow, that's my thought on "buying the dip".
Frederick Vesseur (1 month ago)
Trump asked Kim Jong Un to sell off his secret bitcoin stash, hence the dip.
tvsett (1 month ago)
you're a gun Mike!!! I do appreciate your words and absolutely patience is key...
ibrahim refaeei (1 month ago)
"the patient always wins" true that
sloth9669 (1 month ago)
Just woke up to another -10% + hit across the board.
Raphael Hannaert (1 month ago)
Thanks for the video Michael and nice orange sticker ;)
roffo (1 month ago)
buy WTC
Robin Singh (1 month ago)
https://www.prandex.com/referral/5747152761 https://www.bitrue.com/exchange-web/register_email.html?inviteCode=VTEZE
Marcel Chuo (1 month ago)
That's mainstream talks about it, it has hit it's peak. Btw, save some ladies for the rest of us Michael haha
Micheal's crypto channel is definetely one of the best
xPowerdriverx (1 month ago)
Bitcoin shorts went parabolic before the last dip. Stinks of manipulation.....
John Wijnberg (1 month ago)
any NEO?
Legacy Wealth (1 month ago)
If you look at the history, June - Aug seems to be the time of year for a strong bull run,,, will see.
Christo (1 month ago)
just dollar cost average on the way down guys. things will turn out well.
goirishgo (1 month ago)
I don't know if it's good or bad but when the market gets rekt I just keep buying. When the market runs I always feel like "damn there goes those great prices". Low cap coins with solid teams in a limited space are the solid buys. Vechain is one of the few large(er) cap coins I would buy. It's super undervalued. Wan is good too. Cpchain, Thekey, and TFD are absolute bargains right now that can be an easy 5x when the Market cap returns to 500 billion.
Truce (1 month ago)
My name is truce and i watched this.
Andrew Ebisu (1 month ago)
Rookie question: if you buy Eos now, it doesn't need to be registered again does it?
Andrew Ebisu (1 month ago)
Thanks Zdravko :)
Zdravko Tuvic (1 month ago)
Andrew Ebisu no.
Hope for all (1 month ago)
70% BTC, 15% ETH 15% LTC here
Tutan De (1 month ago)
same here, can't sleep & it is already 8:16. trading on eth.
Senior Fact Checker (1 month ago)
[you are saying...average down]
Senior Fact Checker (1 month ago)
market mznipulation [by the fed] to keep money out of cryptos [and keep money in stock market]. This will likely continue until all steam has run out of the fiat systems.
Tony Hemp (1 month ago)
"well it's 3am and I can't fall back to sleep" "why not update you guys on my current thoughts on cryptocurrencies." You just did.
Jason Owen (1 month ago)
Great video, awesome tips.
SCC (1 month ago)
Are you buying $OMG?
Computer Guru (1 month ago)
Which OPEN is Michael talking about? I want to look into it
sophia simone (1 month ago)
white people are very thin skin... fricken enotional over everything!
casuarina girl (1 month ago)
I'm only new Jan this year - eek.... red days trigger my preset orders so it's shopping time for me when I see red too. No attachment from me, strict rules and enjoy. Up, down, round and round it's part of the landscape. I'm all out of fiat now but still accept that the red is just part of the journey, it's only a loss if you leave!
Eric Olofsson (1 month ago)
Good vid. Emotional control takes time as a investor. Come more natural to some. But most have to work hard at it.
Crypto Coin Growth (1 month ago)
The price of bitcoin was exactly the same price last month almost to the same day. It's all a part of the patterns of crypto. People buy the dip and sell three days later. Then it falls again a lil but not as much.
Scott White (1 month ago)
It's actually a really nice gesture when someone buys the dip. And the other person buys the chips. Dutch dating.
Chris Rock (1 month ago)
Open Platform??
Londa Cele (1 month ago)
0x ?
Bitdane Exchange (1 month ago)
Nice video!
Unknown (1 month ago)
Crypto currency cannot be money anymore at such volatilety rate crypto is perfect for gambling. In reality it is very hard to buy, very hard to hold and very hard to sell and in 99% case I cannot use it in real life also. So what's the benefit to the general public, ? rather than gambling tool for some whales. General public like me are losing money on the name of hold. I bought btc in 15k and now it is less than 7k. Problem with this modern world is everybody wanna be king and everybody wanna make their own money thus 2500+ coins exist. And anyone can manipulate market anytime and this is happening again and again and now also.
Carlos (1 month ago)
VeChain has created a DAPP with DBSchenker..... watch out guys... mooning soon!
CRYPTO 420 (1 month ago)
boom keep buying
r alan (1 month ago)
OPEN is on which exchange? Thanks Michael, you have adjusted your sound louder.
MoneyBags X69 (1 month ago)
Of course we buy
Regragui Lachhab (1 month ago)
yes right buy red sell green☺
Lacsap Kroos (1 month ago)
I like your show though. thx.
Lacsap Kroos (1 month ago)
I am tired of people saying to hold and hold and hold....saying that there will be a bull run soon. Who says this is not a bubble deflating completely since the top...beginning of this year? Like eg McAfee. Every day he tweets to hodl and hodl. I am losing money every day while he is rich anyway. He does not care. Neither do the people who bought BTC at $1.
Antoine Maxima (25 days ago)
Hodl only applies to early adopters or those who bought in really cheap. Last year's gain fooled a lot of people, this year is a new ball game. Most new investors are unfortunately trapped.
zakc1982 (1 month ago)
Depends what price you bought in at
Walking Classic (1 month ago)
Lacsap Kroos Just sell then
rxallan20 (1 month ago)
Sell then...
CMDR Von Roerich (1 month ago)
Stay cheerful Michael. I normally pay a visit to yours and suppoman's channels after watching the oppressed Tone vays. Although, hiring that blonde has raised his cheerfulness ( and quite possibly raised his expenditure costs on boxes of tissues ).
Chuck A (1 month ago)
I hope ur next video title isn't "Can we really Buy the Free-fall?"
Bernard Macarius (1 month ago)
Michael, It is my opinion and definitely not financial advice that privacy tokens, coins, software, systems are the next boom. Here in the U.S net neutrality was overturned. You can guess what that means for crypto! The banks have been pushing for the total destruction of crypto and this is a small victory for them. I believe you and other You Tubers are sooooooo far off on your analysis that main stream money coming in is a good thing. I have been around for 58 years and 1 thing is for certain. If they do not benefit by getting at least 90% value and control they will attack, use the jaded legal system to destroy that they can not possess. I would love to hear what you and other followers have to say.
Jonathan Jung (1 month ago)
I have seen EOS trading on a couple exchanges but was not sure how that can be since it is not on the mainnet yet. what is it you are buying?
Daniel Duong (1 month ago)
Thanks Michael.Very insightful...
Dave G (1 month ago)
NCASH at .015! I'm loading up
Teguh Handayani (1 month ago)
How about IBC 3,4august? Let's watch
KingChepee (1 month ago)
Fud news for eos? 🤔
Angelo Garcia (1 month ago)
Hi Michael I am very appreciated you shared your picks. I also bought Vechain because of the insane amount of partnerships and real world application.
Snorke (1 month ago)
and just a bit later... next dip, yeah more buying xD
Allen Lichner (1 month ago)
We are getting crushed out here
Eyem Watching (1 month ago)
Crypto BirdDog (1 month ago)
Great Vid 👍
Tesselma (1 month ago)
Thanks for sharing Michael
TemLedZem (1 month ago)
EOS has potentially 2 entry points. One around 0.0015 BTC. The other is around 0.00133 BTC. P.S. This is not an investment advice
YoungMoneyNL (1 month ago)
I'm buying a lot of Ark these days and stake my coins on ledger nano with almost 10% a year! 😍 Love these bloody days.
YoungMoneyNL (1 month ago)
Kunal Rao Trading is not for everyone and just with a little amount of portfolio. And everything is down now, btc went from 20k to 6k doesnt mean anyone buying now is stupid. Goodnight
Kunal Rao (1 month ago)
YoungMoneyNL You missed my point, which is that you can make way more than 10% even if u trade once a month in crypto
YoungMoneyNL (1 month ago)
Kunal Rao btw Ark is one of the most succesfull crypto, ico price one year ago was 1cent. Goodnight bruh
YoungMoneyNL (1 month ago)
Kunal Rao Yeah i'm down so much from buying in last summer at 30cent. Good luck with your life bruh
Kunal Rao (1 month ago)
YoungMoneyNL yeah stake your coins for 10% gains and lose 70% on the value of ark itself.
CryptoBaller (1 month ago)
Ehhh... What's 'Open'?
Dan JAHENY (1 month ago)
Harsh but funny
xqbj qboro (1 month ago)
it's 'open' your wallet, Micheals got another shitcoin to pump
timkug (1 month ago)
Open Platform (OPEN)
SURFER X BLOOD (1 month ago)
You probably held and didn't table.
God bless me! As I please the Zilliqa - token. I want to invest in it all my savings! And they also have a generous airdrop airdropnews.pro/airdrop-zil
Paul Armour (1 month ago)
I have been adding Hacken, wondering your thoughts?
Farmer John (1 month ago)
Mike,, your back down to fighting weight and sounding good... Thanks for the emotional balancing needed at these downdrafts... tks
Enrique Gonzalez (1 month ago)
Thanks for some sage advice. If you had 1k and you wanted to put it in a video game base cryptocurrency which would you buy. 1. Game flip 2. Enjin 3. Wax 4. Mark space
Kevin (1 month ago)
Buying the dips does not apply to a bear market, you dont buy dips on the way down. You buy the dips when the market is trending up.
blade runnsss (1 month ago)
Fake support to trick the muppets into thinking there is support. 3k is support. Market makers are faking bounces off 6k zone to create a false sense of floor. Once loads of longs are in they will pull the floor.
Kevin (1 month ago)
Not sure why people are saying so low. There is very very strong support at 5500 - 6000
blade runnsss (1 month ago)
The technical bottom is more like 5.2k But nearly always dips go further so I won't be surprised at 4k or even 3k.
Kevin (1 month ago)
Im leaning towards 6K bottom as its found heavier support at 6100.
Zdravko Tuvic (1 month ago)
Kevin 5k
AmPm (1 month ago)
Let's face it. Most new investors who started entering the market in Nov-Dec last year are now bagholders. There is a study showing that many long-term investors have already cashed out. And the only way for the current bagholders to survive is to have another wave of new investors, which is very unlikely. In other words, they are screwed.
kelly214 guan (27 days ago)
I heard that statement in 2013 dec. don’t invested more than you can afford to lose
Mário Carvalho (1 month ago)
Im in crypto since may 2017 and i say... HODL!.. and when Michael says is normal? Yah! Is normal but this year will take longer and will be softer so Walk with caution and always DYOR....
Lance V (1 month ago)
xqbj qboro ahh, I never thought of the teams cashing out
xqbj qboro (1 month ago)
nailed it. The devs of these shitcoins with billions of ERC20 tokens have been cashing out driving the market down.
BTC ain't crashing (1 month ago)
Lance V I have a good bit of crypto.... And I'm not selling! We're going back up to new highs boys, just hold on!
Andy Raman (1 month ago)
Michael please take care of yourself we are strong don't worry about it
Jamal 1985 (1 month ago)
go to sleep dude
nioctib (1 month ago)
This isn’t a dip though. We’re going lower. We aren’t dipping, we’re deep sea diving and we are not near the bottom.
NEO-RACING (1 month ago)
Not buying neo ????
NEO-RACING (1 month ago)
Seaton1518 I wish
dennis carroll (1 month ago)
The manipulation with BTC is at unprecedented levels, to the point everyday investors can’t touch it due to its volatility and manipulation.
dennis carroll (1 month ago)
This is not normal, Bitcoin has serious problems and is going down way more until volume comes back in.
2000jago (1 month ago)
I think the reason so many people are melting down is pretty easily explained: A lot of people got into crypto as a result of BTC's big boom last year and have been waiting (expecting) to go back there again soon while in reality we're getting further and further from those numbers every day. The situation is made worse by the crypto media telling people BTC's gonna be 25k - 250k "soon" so everyone has Lambo's on the mind and despite the constant stream of good news for crypto/blockchain the price keeps falling and the Lambo's get's further and further away and this makes people freak out. People just need to have REALISTIC expectations and stop eating up all predictions all these online "experts" come up with. The simple fact is nobody knows what's going to happen, all we have are trends and probability at best.
Lance V (1 month ago)
2000jago. I started with money I could afford to lose... and that it did, pretty fast. So I put more money in on the way down, but that didn't work out so far. I believe the blockchain revolution is and will continue to happen BUT, Im not so sure crypto buyers like myself will be the ones actually profiting. I stopped trying to swing trade but I wonder if that's the only money to be made buying the cryptocoins
Sirius (1 month ago)
The problem with setting trades and walking away is that it requires leaving funds on the exchange for a long period. I missed a bullet with MtGox and BTC-e... not leaving any funds on exchanges. I would only let an order sit on a decentralized exchange.
Sirius (1 month ago)
Noobs don't know how crypto behaves cause.. they're well... noobs.

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