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Author Topic: Should i wait for a pull back on ada to get in  (Read 242 times)
kiddex (OP)
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February 11, 2021, 05:35:37 PM
 #1

Since ada is so hot right now i am wondering should i wait before i get in on it?
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February 11, 2021, 06:12:15 PM
 #2

Japan only ico?
No thanks.
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February 11, 2021, 06:27:44 PM
 #3

Since ada is so hot right now i am wondering should i wait before i get in on it?

If you are a trader then yes you should wait for the dip. Not only ADA every other project spike too much and it will be very risky to enter the market right now. But if you are investing for the long term then use the dollar cost average to increase your portfolio. This will reduce the risk and help you to be on the safe side if the market crash too much.
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February 11, 2021, 06:33:44 PM
 #4

It's about to hit $1. I don't know if it's still a good time to get in but before deciding, think of the price that you're aiming for once you invest. Is it $1? or is it higher than that. There's a potential for the coin to grow and keep thriving to reach another high.

But basically, I'll wait for a little off on its price before buying in. If the price today is $0.9581 based on CMC. I'd like to wait before I buy or if it doesn't stop, I'll get in before it reaches $1.

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February 11, 2021, 06:48:54 PM
 #5

I would always buy on the dip whichever coin it is, ADA has still potential knowing that it still hasn't hit its all-time high so there's a chance for ADA value to grow. If you plan to trade it for a short period of time, I think it's just ok to buy at 0.9$ price range since you can make a small profit in it on its approach to 1$ but if you plan to hold it for a long time, For me it's a no-no.

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February 11, 2021, 07:04:55 PM
 #6

Since ada is so hot right now i am wondering should i wait before i get in on it?

The best form of investment is to buy the lows; when the price are low and cheap; it is never advisable to by the bulls or green candles. Also; you do not buy every dip; first you have to dyor and have a knowledge of the token price movement because some tokens dip and continue to dip; not all tokens dip to rise in price or volume.
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February 11, 2021, 08:03:26 PM
 #7

Thanks for the reply's guy they jumped all over me and laughed at me for asking this question on facebook group(toxic), thanks for being kind i am still learning lots, if ada did pull back how much do you think it could drop?
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February 11, 2021, 08:33:23 PM
 #8


When it spiked to $0.42 I wanted til it will dip again to at least $0.37 but it did not happen. I bought $2000 worth of ADA before it shoots again just to have something to add to my staking wallet. I'm a long time supporter of ADA even before Shelly started. If you are not going to trade every time, just buy now and you can stop worrying when the price will dip again for a buying opportunity.

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February 11, 2021, 09:10:03 PM
 #9

Since ada is so hot right now i am wondering should i wait before i get in on it?

if you are not confident, its better for you to wait more until you have a lot of confidence to buy ADA
because people need to confident and has a strong reason to enter the market mate
also we need to understand about technical analysis,
so, we can predict the price of ADA then buy this alt when a corrections coming and follow the trend

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February 11, 2021, 10:24:51 PM
 #10

Since ada is so hot right now i am wondering should i wait before i get in on it?

do not drop your money, when the price already running,
its better for you to wait and increase your patience for the best entry zone by following the trend

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February 12, 2021, 01:43:23 AM
 #11

Since ada is so hot right now i am wondering should i wait before i get in on it?

Of course, you should wait for the market to correction before you get it.

But the question is, when we are going to see such corrections? We are already in a full altcoin bull run so it's very difficult to tell when such dips are going to come.

Really up to you to decide, and depends if you are going for long or short term as well.

 
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February 12, 2021, 05:53:15 AM
 #12

Since ada is so hot right now i am wondering should i wait before i get in on it?

Ada is overvalued right now and when you are trying to enter the market and then you just put yourself into the risk.

You must see the chart on the market and you will know that if ada already entered the overbought zone. That may get correction very soon.
You should wait until the correction will come and then you can think whether you wanna try to join in the market or not. Think again dude, the bullrun will not last forever. It's about your money.

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February 12, 2021, 06:31:40 AM
 #13

I know that with the current price movement of ADA right now, it is very attracting to invest into it but at least be patient.
Wait for it to dip a bit because not all coins are always going upwards. There will be a time that ADA will go down. Not that much though but it will happen.

I bought ADA 2 weeks ago and my total money that I used to buy ADA is now tripled. Got lucky I think but I'm thinking of holding it for long term. Will accumulate more in the future. Just waiting for a dip to happen.

 
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February 12, 2021, 08:03:56 AM
 #14

Why not just do both? Invest a little now and then save some for the pullback.

Or just DCA it and invest a bit each week
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February 12, 2021, 08:08:23 AM
 #15

Since ada is so hot right now i am wondering should i wait before i get in on it?
Think again, ada is almost $1 and are you thinking if it's not over valued at this moment? this time when the whole of crypto were getting bullish trend but dogecoin was dumping. That gives us very good lesson never try to buy the coin when it was getting pumped to the moon. You must search another coin that can be an alternative choice for ADA.
ADA is hot right now but it's a high risk investment right now. It's better to wait until it will be dipping again soon.
ADA will be getting dumped again soon.

Avoid any overvalued crypto.



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February 12, 2021, 08:13:53 AM
 #16

Not advice for ADA but for crypto in general. If you're looking to get in, and you actually believe in the tech and the project and what not, then you get in and strap in. Waiting for dips can save you some money but if you believe in longterm gains then it doesn't really matter what price you get in.

Note that this applies to proper crypto projects of course.

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February 12, 2021, 08:32:02 AM
 #17

....if ada did pull back how much do you think it could drop?
How much of a pullback are you actually expecting before buying? Checking the graph from Coingecko, it already went sub $0.90 after reaching $0.97 in the last 24 hours. Are you not satisfied with that 10% pullback? If you are expecting more then you should check how its performing in the last 7 days up to 1 year.  

Previous ATH $1.18
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February 12, 2021, 10:17:24 AM
 #18

Since ada is so hot right now i am wondering should i wait before i get in on it?

You should analyze more to find if that will be a good time to buy or you should wait for more. It depends on yourself because we can have a different analysis that we will use to buy the coin, so perhaps we need to research to find the time.

Thanks for the reply's guy they jumped all over me and laughed at me for asking this question on facebook group(toxic), thanks for being kind i am still learning lots, if ada did pull back how much do you think it could drop?

We will not know how much the price will drop because ada follow with the bitcoin price, and it depends on the demand on the market. Perhaps, ada price can go down for 10% or more, but we don't have the right estimation about that. You can prepare your money to buy ada, so you can buy it without waiting for a long time when there is a flash drop.

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DoublerHunter
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February 12, 2021, 10:20:39 AM
 #19

....if ada did pull back how much do you think it could drop?
How much of a pullback are you actually expecting before buying? Checking the graph from Coingecko, it already went sub $0.90 after reaching $0.97 in the last 24 hours. Are you not satisfied with that 10% pullback? If you are expecting more then you should check how its performing in the last 7 days up to 1 year.  
^ I don't think there is a pullback as of now, we know that it is a bull market of all altcoins, even those shit coins as of now have value in the market. So probably there is no exact buying point of Polkadot. It is almost $1 now the price, if you think it will surpass and hit $2 soon, then buy it. But there is always a risk upon buying a bull market because you did not know when is a pullback. However, you try another altcoin if you want, just like dogecoin that always have a hype, or FUN token too, but it all depends on you. Nevertheless, feel it to buy if you think it is worth it project and I think it is.
cilgindansci
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February 12, 2021, 11:43:56 AM
 #20

I think you should wait. Every coin and asset definitely gives a purchase opportunity. ADA will definitely be a valuable coin in the future. You can own it at lower costs and be happy in the future. I hope this altcoin rally continues for a long time  Smiley

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