If Something is cheap you Buy it Buy the dips

[cryptoboss2020]

Uhh, I don't think that's how it works. USD may have huge upside potential but it's been a few years now and it has still yet to see good gains so far. Besides, hyperinflation is there so even if USD became profitable, it probably won't be for long because it will be hyperinflated provided that the people of America used their dollars the same way they are using it now.

Until usd are reserve currency and we have deflation it means demand for dollars go bigger.

[Mauser]

Uhh, I don't think that's how it works. USD may have huge upside potential but it's been a few years now and it has still yet to see good gains so far. Besides, hyperinflation is there so even if USD became profitable, it probably won't be for long because it will be hyperinflated provided that the people of America used their dollars the same way they are using it now.

Until usd are reserve currency and we have deflation it means demand for dollars go bigger.

I am not so sure about it. Yes USD is a the global reserve currency number one and a lot of people will always be trading in it. This is not likely to change any time soon. But Biden is issuing a lot of stimulus projects at the moment. All this new money being injected into the economy has inflationary tendencies in my opinion. At first the USD will be less valuable because of more money, but he long term pressure from stronger economy should be upwards. The FED might try to stop this but with an inflation target of around 2% we should see the USD to become stronger again.

[Obito]

I am not so sure about it. Yes USD is a the global reserve currency number one and a lot of people will always be trading in it. This is not likely to change any time soon. But Biden is issuing a lot of stimulus projects at the moment. All this new money being injected into the economy has inflationary tendencies in my opinion. At first the USD will be less valuable because of more money, but he long term pressure from stronger economy should be upwards. The FED might try to stop this but with an inflation target of around 2% we should see the USD to become stronger again.

They will try to probably stop it but I don't think that their stop gap solution will be enough because the more they try and resist, the more it will hurt for the people of USA because they are the ones that will suffer the most damage when hyperinflation happens. We don't know what happens next but I know for a fact that they will do everything since USD is a reserve currency around the world.

[beerlover]

They will try to probably stop it but I don't think that their stop gap solution will be enough because the more they try and resist, the more it will hurt for the people of USA because they are the ones that will suffer the most damage when hyperinflation happens. We don't know what happens next but I know for a fact that they will do everything since USD is a reserve currency around the world.

USA got all the resources to compensate the whatever amount of USD will be printed hence hyperinflation is not at all possible for USA unless otherwise something war kind of things occur; Inflation will be a problem for the country which is not having enough production in terms of consuming people and their requirements. When you are having decent population along with fair resources then you must need to print more money to make everything stable and balanced. I guess this is what happening with USA right now. So, expecting USD to be weakening may last infinitely.

[verita1]

I am optimistic that the price of bitcoin will not be lower than that of the current moment, the range of 30K. Sometimes I have the feeling that we are reliving the experience of last year when the price of bitcoin fell to 3K. So that inadvertently the price of bitcoin was making its best run.
If so, we are at the best time to buy because bitcoin will continue to reach new ATHs.

[Viscore]

In the case of crypto, it is acceptable because the majority of the price pump or decrease can occur in a short period of time, which is why it is so volatile. And if you want to invest in something, you should do your own study rather than just investing because it's inexpensive. That is not the case. You must understand the entire market concept and what drives it to plunge or pump.

Even in crypto, having its dip price is not enough to accumulate more on what is around. We need to make a good research first and deep analysis if those coins have rooms for their improvements and have good potentials to live longer in crypto market. But not just in crypto, i think once we decide to invest in such assets, we should learn to assess first its quality if it will be a good catch in the future.

[Kong Hey Pakboy]

I am optimistic that the price of bitcoin will not be lower than that of the current moment, the range of 30K. Sometimes I have the feeling that we are reliving the experience of last year when the price of bitcoin fell to 3K. So that inadvertently the price of bitcoin was making its best run.
If so, we are at the best time to buy because bitcoin will continue to reach new ATHs.

Don't get your hopes up with this one, always expect that the worst could always happen, this kind of mental readiness is going to help you prevent panic when the worst ensues. Just always have some money on your side so you will be prepared to buy when the prices really did go lower.

[Peanutswar]

Always make a trading plan not all the time buying the dip is the best time still it's better to make a plan so you keep on track if you lose you can take it back immediately sometimes too much fear of missing out gives you towards to make a lot of losses. Still, the decision is yours. The same way with cryptocurrency the best way is always to learn and continue learning such as technical indicators, market graphs, technical analysis and more. If you think made a reversal pattern why not take a grab the chance.

[electronicash]

I am optimistic that the price of bitcoin will not be lower than that of the current moment, the range of 30K. Sometimes I have the feeling that we are reliving the experience of last year when the price of bitcoin fell to 3K. So that inadvertently the price of bitcoin was making its best run.
If so, we are at the best time to buy because bitcoin will continue to reach new ATHs.

Don't get your hopes up with this one, always expect that the worst could always happen, this kind of mental readiness is going to help you prevent panic when the worst ensues. Just always have some money on your side so you will be prepared to buy when the prices really did go lower.

doesn't hurt when you keep a stablecoin in times when the market itself is confused about where its trend will go. i can't even decide where the price is going so i'm just going to keep usdt with me or maybe buy when the price goes more than $40k.  

buy the dip if you know it's the dippest but this is if you are a long-term investor which i'm not. but what i don't understand why OP wants to hold USD for so long.

[Nunoluck]

I doubt that it will be as profitable as bitcoin. It is still fiat, my national currency is cheaper every year too but I don't consider it as investment. The USA dollar is much stronger than my national currency but it still fiat. Maybe I can still get small profit from it but I prefer like to choose bitcoin. I think buy property is still better, property price almost never fall, even it tend to rise. Once we buy it then our wealth is growing little by little, day by day. And it can be faster if we rent it.

[Kong Hey Pakboy]

~

doesn't hurt when you keep a stablecoin in times when the market itself is confused about where its trend will go. i can't even decide where the price is going so i'm just going to keep usdt with me or maybe buy when the price goes more than $40k.  

buy the dip if you know it's the dippest but this is if you are a long-term investor which i'm not. but what i don't understand why OP wants to hold USD for so long.

Depends on each person, as you have said, you aren't a long-term investor which means that you will take all the necessary precautions to prevent losses or at the least cut it early. I don't think that's how it works on buying the dip though, you don't know when will it go lower so you just have to wait for the right moment.

[swiftbits]

~

doesn't hurt when you keep a stablecoin in times when the market itself is confused about where its trend will go. i can't even decide where the price is going so i'm just going to keep usdt with me or maybe buy when the price goes more than $40k.  

buy the dip if you know it's the dippest but this is if you are a long-term investor which i'm not. but what i don't understand why OP wants to hold USD for so long.

Depends on each person, as you have said, you aren't a long-term investor which means that you will take all the necessary precautions to prevent losses or at the least cut it early. I don't think that's how it works on buying the dip though, you don't know when will it go lower so you just have to wait for the right moment.

USD can still be traded, as we know that its value is being in decline, the percentage was far from what cryptos are currently dealing with.
It's flexible and may become profitable in a long run. BUT I would still choose crypto, we have more great possibilities, but still, the risk is always included.

[iv4n]

I doubt that it will be as profitable as bitcoin. It is still fiat, my national currency is cheaper every year too but I don't consider it as investment. The USA dollar is much stronger than my national currency but it still fiat. Maybe I can still get small profit from it but I prefer like to choose bitcoin. I think buy property is still better, property price almost never fall, even it tend to rise. Once we buy it then our wealth is growing little by little, day by day. And it can be faster if we rent it.

I guess everything depends on the bankroll you have for making investments. We can talk what is cheap and what's good for buying, but what that worth if you don't have what to invest?

Another thing is perspective, "cheap" is different for many people, while some people can think $32k is little, for others that is a fortune. And that's the current price of Bitcoin. But whatever you may think about the current price from your own perspective, comparing the current price and possible price in the future, you may find that Bitcoin is cheap now.

[Anonylz]

A dip in the market does not necessarily indicate that it is the best time to buy; it may experience another downturn and cause another dip. That's why we always tell DYOR: do your own analysis, evaluate the graph and the coin's movement, and then buy if we're pleased with the dip with good support. All are now on the internet, so you can look up any information you like about the asset you want to invest in to see if it's still worthwhile. The majority of people who lose money as a result of FOMO do so because they do not conduct adequate research. As a result, they lose a lot of money.

"Don’t buy blindly"

This can be said with altcoins but not btc, any dip you buy is not a bad one provided you are willing to be patient and hold for some time, except you think there is a reason btc won't go higher in near future, otherwise, buying the dip in btc is seem a more better idea imo,
other alts i won't recommend buying at least not just yet because there is a possibility tey will go lower and even not able to recover to the previous ath, in the case of btc, it is the opposite, everyone knows btc performance when the market is in full swing.

[perfect999]

The USA dollar goes down and down.
I Think its a hidden GEM. 
Definately Worthed to Buy it dollar is cheap and it has huge market cap and upside potential.
When this Rocket Will blast off to moon you better be on this rocket,  specially upcoming deflationary Stage.
And its ATL now and it gets Even lower few years later can sell it with huge profit I guess so.

Specially Biden politics who will create strong dollar no doubt about it. 

Yep, that’s right . My savings are usually in other currencies that I feel are doing really good, just like the USD, I have been making use of the USD for savings because it has been performing better than my country’s currency and that means I will gain extra profit apart from the normal 12% per annum returns they give if the dollar should keep increasing in value. It is good to always check and compare other currencies and know whether you should be doing your savings with these currencies or not, it is really helpful, so you’re right about this.

[Chato1977]

The USA dollar goes down and down.
I Think its a hidden GEM. 
Definately Worthed to Buy it dollar is cheap and it has huge market cap and upside potential.
When this Rocket Will blast off to moon you better be on this rocket,  specially upcoming deflationary Stage.
And its ATL now and it gets Even lower few years later can sell it with huge profit I guess so.

Specially Biden politics who will create strong dollar no doubt about it. 

Investing is not like that , you must study hard before getting into it or else you will just end up losing all your funds.
and US Dollar? lol i would rather buy Bitcoin pricing hundred of thousands .

It is not buying all the dips, some projects still need to be careful of buying. You still need to research before buying a coin you want, if you are talking about buying bitcoin at dip then that is a really good idea but when talking about buying some other coins while at dip then you shouldn't do it without any knowledge about the coin especially those new tokens. Research would still be very important for that thing.

Buying the dip and then losing in the growth?

[Kong Hey Pakboy]

Depends on each person, as you have said, you aren't a long-term investor which means that you will take all the necessary precautions to prevent losses or at the least cut it early. I don't think that's how it works on buying the dip though, you don't know when will it go lower so you just have to wait for the right moment.

USD can still be traded, as we know that its value is being in decline, the percentage was far from what cryptos are currently dealing with.
It's flexible and may become profitable in a long run. BUT I would still choose crypto, we have more great possibilities, but still, the risk is always included.

It's not the most popular of the trading world though, pretty sure there aren't a lot of people doing foreign exchange anymore. Also, why did you quote my post when I didn't even talked about USD being untradeable.

[inoes]

if you play world currencies, it is better to trade Forex, this is more clearly felt profit than you are hoarding dollars and who knows when it will be sold. too long in my opinion. if you are not sure you can trade crypto when btc market crashes, at least you will get  3-5% profit if you lucky.

[Rruchi man]

Because something is cheap is not always an indication to buy, cheap things are jot always good/profitable. It is always important you do your research, find out the reason why a certain asset has gone down in price before you make the decision to buy or not. If you buy blindly or impulsively, you might loose your money.

[Kittygalore]

Because something is cheap is not always an indication to buy, cheap things are jot always good/profitable. It is always important you do your research, find out the reason why a certain asset has gone down in price before you make the decision to buy or not. If you buy blindly or impulsively, you might loose your money.

That depends on what's the product or services you are buying, some are good that it's cheap and some are good if it's expensive and in the case of a good cryptocurrency or a good stock, I am pretty sure that cheap can be a good opportunity to buy some bitcoin.