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Author Topic: Shopping time guys. Fill your bags now.  (Read 3523 times)
beerlover
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May 12, 2021, 01:15:12 PM
 #61

before it's too late and you need very certain confidence, don't be wrong to buy Alts tokens, now many tokens are starting to be released in any market, but for me, it's better to choose a large market that already has a team that is truly professional in their respective fields
I may not invest more than 30% of my currently available funds in altcoins. Because I'm already holding few reputed coins hence I will not be risking more with altcoins. But, I'm looking for bitcoins to dip to buy more. This may be the right time to buy more altcoins but at the same time we need to be more cautious because most of the time altcoins may not find up surge but keep falling down when bitcoin prices will be increasing.

I'm just talking based on what I have observed in the past; when bitcoin was into strong bullish run but most of the altcoins were struggling. So, anything may happen and risking only limited resources will be helpful.

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May 12, 2021, 01:30:47 PM
 #62

Well, I have to wait for the market to even drop more before making that decision. I already sold some of my holdings preparing for the next buy, but the market prices strongly getting to a high level. I'm not really confident with what is shown this time, so I just trying to step aside and wait for the best time to get in.
I have already some perspective coins to invest in, so it wasn't hard for me. What I'm doing today to keep track of its movement and soon to fill my bags once given the best price to buy.

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May 12, 2021, 02:50:16 PM
 #63

I think whenever market is bearish or red. It's time to fill the bag. One important thing is never to use money that we can't afford to lose, so if our predict wrong and the price still down, don't be panic. Just hold and keep calm until the price goes up, and we will gain our profit.
No, I think it's applicable all the time to buy even its bearish or bullish if you're targeting for long-term you can buy for those two but for short-term holdings; still the best time to buy when the market is dump allowing us to buy at a cheaper price. It situation like this, I think there are sometimes that we need to hold and sell to cut our loses sometimes tokens are months to recover allowing our money to stick with the token. We should realise that we can recover the losses if we stop-loss and process to other investment.

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May 13, 2021, 05:19:16 PM
 #64

This is indeed the best time to buy coins, because the average coin market has fallen by 10%, and I believe this is only a correction market, it will rise again, my advice is to buy BNB and ETH, because these two coins are the main pillars of crypto now

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May 13, 2021, 05:32:22 PM
 #65

I am not good in reading price charts. In fact, I already want to buy after seeing that some altcoins are going down. But I asked my friend, it is already good time to buy ? He said not yet. It will goes more down so wait for it. I have a big trust in him actually so I am following what he have said but in me, I want to learn more why he concluded that. Last time my understanding was to just fill my bag whenever the market is down but even though it is down there is still a right timing to buy.

I started buying coins too early, as bitcoin continues to decline in price and, accordingly, the prices of altcoins are also declining. In practice, it is very difficult to buy coins at the lowest price, but I am reassured by the fact that I used to sell these coins for much more than I bought now.

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May 13, 2021, 05:37:37 PM
 #66

Though the OP was probably made before the crash, now is a good time to fill in your purse with some good coins. Was something in your watchlist, it would be a good time to act. But don't just jump into any coin for you just saw it dump. Not every coin would recover in the same way and not every coin would give you the same profit for your effort. Do your research, take time, the market could wait for days, if not, some other news would bring it down again. But only buy when you are sure.
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May 13, 2021, 05:38:00 PM
 #67

We have been thinking and waiting for a big big dip after watching markets going constant upwards. Now is the time you should buy your favorite alts and wait for their recovery, this is not a financial advice so do your research before buying anything and stay away from futures, so many traders got rekt few minutes ago. You can wait too if you think the markets are going to present more circus before the dust settles.
So many altcoins prices are on the moon. I switched my altcoins from the Ferrum network to another one. I will fill my bag with the top exchange listed altcoins. Actually, I believe the low volume altcoins season hasn't come yet. This isn't financial advice, but some low volume altcoins are very risky. I didn't invest in those altcoins until the listed a good exchange.
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May 13, 2021, 05:39:11 PM
 #68

The majority of coins are currently very cheap, but one coin, in particular, $ADA, has remained strong until now. When BTC collapsed, affecting the entire crypto market, $ADA was relatively cheap at the time, reaching $0.9. Consider buying at a discount; your money would be worth twice as much right now.

Some people are extremely lucky, such as myself, who were able to buy my coins for a very low price in early March, but others earned a discount.

Still worth it to buy altcoins, some of them have a lot of potentials so make sure to drop your money on the dip right now!
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May 13, 2021, 05:45:31 PM
 #69

It seems the sale is not over yet, fuds may come anywhere I thought after Elon’s negative tweet market will recover. This sale is cool, we’ve already seen it before it just another day in crypto like other said but stay cautious it may go deeper if pushed by manipulation.
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May 13, 2021, 05:50:40 PM
 #70

The market is red and all coins are slowly decreasing and some are dropping drastically, and if there is continuous decline it is better to wait to buy at the lowest price.
and but it's hard to pick the right few coins that will turn things around to make big profits in the near future apart from holding them for the long term, and I personally plan on analyzing a few altcoins for me to catch, I'm also prioritizing buying more bitcoins and waiting for the price to hit rock bottom to make a purchase.

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May 13, 2021, 05:58:03 PM
 #71

Indeed, a huge dip for crypto currency price is the opportunity to buy some coins that has potential like ETH or BNB. I have bought both of them and seem like I'll choose for short term strategy first since there is a chance for crypto currency price back to dump again.

I see some threads that has been discussing about the current dip especially for those who worried against bitcoin price movement. Because the current dip was affected by Tesla who remove bitcoin being used as a payment system tool. Usually this situstion will happen not for a momment.
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May 13, 2021, 06:01:48 PM
 #72

I really wish every cryptocurrency trader or investor can have this mindset. You need to see cryptocurrency investing as long term and see every dip in the market as an opportunity to buy more, because that is what the large funds do, they accumulate more at every dip.

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May 13, 2021, 06:19:19 PM
 #73

I also agree that this is the right time to invest into some cryptocurrencies (especially BTC, ETH and BNB, to me). I don't think we will see a bigger decrease than this soon. I guess we will see the market getting stuck at these levels for some but it won't last long I believe. So, it is better to benefit from this condition right now.  Grin

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May 13, 2021, 06:40:38 PM
 #74

So. Elon Musk dumped BTC?
lol, that man is a hustler.

we don't need him. buy the dip.
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May 13, 2021, 06:44:43 PM
 #75

The market is red and all coins are slowly decreasing and some are dropping drastically, and if there is continuous decline it is better to wait to buy at the lowest price.
and but it's hard to pick the right few coins that will turn things around to make big profits in the near future apart from holding them for the long term, and I personally plan on analyzing a few altcoins for me to catch, I'm also prioritizing buying more bitcoins and waiting for the price to hit rock bottom to make a purchase.
Distribution of buying is continuous and average, instead of choosing the lowest prices, this is not possible when this ship has wobbled so much, it will have a limited bottom but this is relatively dependent on the buying power and stability of the market. And if we feel dizzy about projects, select a few target projects such as ethereum and BNB, even some top altcoins are lying next to them, low value will bring low recovery and high value will correspond to high risk and recovery, a stop loss is also a way for us not to be subjective and shop around

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May 13, 2021, 07:15:48 PM
 #76

A dip is a dip and others should take this as a chance to accumulate more.

It's been a while since we saw this kind of dip and for God's sake, still not learning about what to do? Since BTC dominance from last year, it takes up several months to see the decline so take this as an advantage.

You might hate Elon Musk but without him, we will never saw this dip. Smiley
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May 13, 2021, 08:39:09 PM
 #77

This is indeed the best time to buy coins, because the average coin market has fallen by 10%, and I believe this is only a correction market, it will rise again, my advice is to buy BNB and ETH, because these two coins are the main pillars of crypto now
Yes, you are giving the right choice for everyone right now, but did you know that currently the Cardano token is not experiencing any correction at all and in fact the price continues to rise? I myself was very surprised to see Cardano today.

It happened,way back BNB also move that same way while most of the crypto assets are falling together with Bitcoin, BNB managed to rally high.

If the project have good developers behind and there are already an establshied community behind, each time this project showed strong run the community are willing to back it up to create more hypes.

You just need to put your money into something that you really believe and trust, bagging those cheap assets now will bring decent
benefits once the market bounce back and start to rally high again.

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May 13, 2021, 08:46:17 PM
 #78

A dip is a dip and others should take this as a chance to accumulate more.

It's been a while since we saw this kind of dip and for God's sake, still not learning about what to do? Since BTC dominance from last year, it takes up several months to see the decline so take this as an advantage.

You might hate Elon Musk but without him, we will never saw this dip. Smiley
Elon been a manipulator of the market for past months whenever there is price or dump. So as much as his tweets or news related to him and crypto gives impact on the market we must take advantage of it either for earning or TO buy more. It's better accumulate now than to sell especially if we know how the market will react after every dump it experiencez.

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May 13, 2021, 08:51:44 PM
 #79

Yeah - I love Elon Musk tbh...  - purely because he seems an interesting guy, with the power he has too... i mean compare him to Jeff Bezos or Mark Zuckerberg; Elon has a soul and he's living it.
But I do wish he'd leave crypto be. He's brought attention to it with BTC legitimized!!!!:  Tesla accepts....... and.. then dumped!!!!  - one step forward one back.... but at the same time he hyped doge coin = a scammy rip off coin imo. so I'd say he's done crypto less favour than more but the market will shrug it off pretty quickly I think.


asides.
I do think it's time to buy whatever is doing worse against BTC that your interested in. BTC.D is still low, very low. People don't want to sell their alt coins. I wonder why? Cool - and if they do...
Got a buyer right here.!
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May 13, 2021, 08:57:58 PM
 #80

So. Elon Musk dumped BTC?
lol, that man is a hustler.

we don't need him. buy the dip.

Mark my words here mate, Elon Musk is doing no good to crypto because when he dumps BTC markets with his shady tricks, it's not just thousands but billions of dollars get liquidated. He's literally not good for crypto as he's making crypto look bad in the eyes of officials and regulatory bodies which, if start banning BTC, will definitely not listen to any of us just because of that one guy. 😔😐

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