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Author Topic: If Something is cheap you Buy it Buy the dips  (Read 557 times)
cryptoboss2020 (OP)
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May 04, 2021, 11:07:21 AM
 #1

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. 
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May 06, 2021, 02:16:19 PM
 #2

We should buy according to the trend of the market and according to the nature of each altcoin.
During the downtrend, many altcoins fell in price and they continued to decline in price.
So only buy altcoin while the market goes up because then we have a higher chance of winning.
Buying altcoins is by nature analyzing a coin based on the development of that coin and good news like system upgrades, listing on a good exchange, getting more investors ...
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May 06, 2021, 04:50:14 PM
Last edit: May 06, 2021, 05:00:39 PM by Gozie51
 #3

You don't buy coins blindly because it is cheap so you don't get trap. Many projects are dead on arrival and so when you invest, you go down with it . You need proper research before investing on any project.

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May 06, 2021, 05:03:19 PM
 #4

Even though the US dollar is always primed for gains, I'm weary of trading and stockpiling it currently just because the US economy hasn't been in a good shape in the past few months. Statistics-wise, USD is in a good roll, though if you look to it closely you can see that its value is highly inflated together with the stocks and real estate. You simply don't buy assets just because they are dirt cheap for a while; you also need to assess what is happening around on the market it belongs to. It could be a trap that will just lead you to lose money in the long run that you'll regret.

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May 06, 2021, 05:05:11 PM
 #5

Careless buying just because a certain coin is experiencing a deep would only lead you to regrets on the latter part. Instead of focusing on dips, maybe it would be much better if you will watch the price movement in the market and at the same time, look at the coins that are experiencing dips as they are currently included on the trend. Do not buy all the cheap coins you see, instead buy only the cheap coins that has the potential of pumping hard as time passes by. At some point, if you will buy all the cheap coins you see in the market, some will eventually turn into a shitcoin or remain on a low value so be careful what cheap coin you are buying always.
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May 06, 2021, 05:55:33 PM
 #6

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"
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May 06, 2021, 07:39:33 PM
 #7

Just so you know about Biden's new taxation, this has happened recently.

Bezos sells nearly $2 billion worth of Amazon shares

Jeff Bezos sells more than $2.4B in Amazon stock

And why would you buy a dollar? if you're even wanting an investment then why choose fiat? buy bitcoin instead.

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May 06, 2021, 07:56:24 PM
 #8

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. 


You shouldn't just buy coins anyhow. Don't buy coins just because they are cheap. You'd realise that many of the altcoins are actually shitcoins that don't rise again after a dip. They just continue falling in price and you'd lose quite a lot of money by buying them.
I'd say before you make any altcoins purchase, you should actually take time out to know which ones have the potentials to rise so that you'd make profits.
And if you're talking about buying the US dollars, I think the best form of investment isn't investing in fiat currencies but in a prominent cryptocurrency like bitcoin.

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May 06, 2021, 08:47:56 PM
 #9

Despite of so much pressure on the value of Dollar I think it is still one of the best fiat currency which can easily rise despite of any economic crisis so buying if on its dip price is also a good investment for long term. Seriously, there’s no focus on fiat money right now because of the uptrend in cryptomarket, after this maybe investors will go back to Forex, its still a good market though.

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May 06, 2021, 09:38:33 PM
 #10

You don't buy coins blindly because it is cheap so you don't get trap. Many projects are dead on arrival and so when you invest, you go down with it . You need proper research before investing on any project.

He's not talking about a coin project but USD. He wants you to invest in fiat money like they do on forex platforms.

I don't dabble in fiat trading and don't recommend it. The margins are so small you are forced to play on high leverage to get any significant profit. It's a meat grinder for newbies.

I also don't trust Biden. He look's like he could die from a heart attack at any moment.
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May 06, 2021, 09:45:49 PM
 #11

I interested to USD as it get more and more stronger against my national currency. But it still fiat money which always experience inflation every year. I still want to have some USD  for short term investment. For now I more focus on cryptocurrency because it is in good trend, I don't want to miss it.

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May 06, 2021, 09:55:35 PM
 #12


It's very uncertain where USD will go within this year actually. If you are one of those who thinks it's going up, you are not very aware of what is going on. US had been looking for ways to hold the position being the currency reserve but the threat is getting stronger. Buy the dips only work on crypto especially the good tokens like BNB and ETH.

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May 06, 2021, 09:56:50 PM
 #13

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. 
Dont know if youre trying to be sarcastic or what but i dont see those qualities that you are trying to say here. Upside potential? Im aint a fan on dealing with fiat.
For sure majority of people would really be having the same mindset so if this one you do look on then its your choice but majority will really be going to the
opposite side.

Buying coins or crypto in dips is much a better option or choice for me rather than sticking out with dollar.In terms of profitability level or scale
then theres no question about their differences.

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May 06, 2021, 10:38:45 PM
 #14

You don't blindly invest into something just because you see it is deflating. Fiat is different from crypto and it has a long term effect unlike with crypto it can be easily pump and dump. I guess you need to read more about inflation and deflation about fiat money, OP.

In terms of crypto it is acceptable since most of the price pump or decline could happen in a short time that's why it's so volatile. And you need to do your own research if you want to invest into something and not just blindly investing because you see it's cheap. No, it's not like that. You need to know the whole market idea and what causes it to dip or pump.

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May 06, 2021, 10:58:27 PM
 #15

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


The federal reserve has expanded its balance sheet to purchase record quantities of US bonds.

They also appear to be responsible for a significant amount of stock market trends since 2008 through QE injection of funds into stock trading investment banks.

No doubt the fed under Biden could expand its balance sheet to buy up large quantities of the US dollar on FOREX. To boost its price artificially.

But would that be a sound policy over the long term.
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May 07, 2021, 07:53:31 AM
 #16

That depends, if it is crypto or stocks then you should probably buy it but if it is items that you are going to physically use, you might want to invest on more expensive ones since they are more of high quality compared to cheaper products.

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May 07, 2021, 12:17:26 PM
 #17

That depends, if it is crypto or stocks then you should probably buy it but if it is items that you are going to physically use, you might want to invest on more expensive ones since they are more of high quality compared to cheaper products.
Not everyone can afford to do that, not every people can buy expensive beds that lasts for decades even though it is most beneficial, they don't have a choice because being poor is really difficult because you don't have access to quality. You are right about stock though but if you are just starting, I suggest that you should get in no matter what the price is because you might be missing out and that price might be the last time that you will ever see that.

grabpopcorn536
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May 07, 2021, 12:44:19 PM
 #18

Buying altcoins or Bitcoin is a good idea but not for the Dollar.
The Fed prints money and doesn't know how much more it will continue to print to sustain the US economy. So the idea of a dollar increasing in value will be a prediction. Increasing the value of the dollar will also not be as profitable as altcoin or bitcoin.
The decision to buy anything cheap needs to consider the nature of the market at the time of the discount. Trends are friends so I only buy something good when the market is in an uptrend. Buying anything without careful consideration is a real risk.

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May 07, 2021, 12:49:37 PM
 #19

Since cryptocurrency started showing it is a good investing asset not many throwing money into stocks trading but the direction is changing into cryptocurrency and that has made investors rich. This current year has met some lucky investors, bnb and some others have given extreme profit to investors.

Buying deep is profitable but not easy to identify. This is the difficult aspect of cryptocurrency however because it is mainly on speculation as it is not regulated. So ideally if buying a coin, the best to do is try doing going knowledgeable research to see deeps in the coins , the deep is highly profiting. Example for dogecoin which is mostly the new rave of the moment. Doge has been on deep for a longtime around 0.01, 0.02 and even to 0.03 but it is up now. Imagine investing that low and what profit hodlers have made now.
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May 07, 2021, 01:19:25 PM
 #20

That depends, if it is crypto or stocks then you should probably buy it but if it is items that you are going to physically use, you might want to invest on more expensive ones since they are more of high quality compared to cheaper products.
Not everyone can afford to do that, not every people can buy expensive beds that lasts for decades even though it is most beneficial, they don't have a choice because being poor is really difficult because you don't have access to quality. You are right about stock though but if you are just starting, I suggest that you should get in no matter what the price is because you might be missing out and that price might be the last time that you will ever see that.

It's easy to say to buy what you want and produce big things later. You also need to be sure of what you are buying because if you are in doubt, Maybe losses will haunt you every night. I agree with your words about no human being who wants to choose to be poor or hopes to have nothing and become a scavenger. If you can buy what makes it possible to make profit in the future it is best to do because opportunities will not come twice before you. Regret will come to you.

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