If Something is cheap you Buy it Buy the dips

[ILuckyGuyI]

Buying from the dip is always a good choice on one condition. We should observe the events going on really well before buying anything (dollar, Bitcoin etc.). If things seem really alarming, then we should act according to it.

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[Similificator]

You must understand that not everything cheap is worth it to be bought, specially in huge amounts. That mindset is just wrong. Although it is quite evident how good of a currency the us dollar is, looking at the economical state of the US right now makes it less appealing to me. And with the hype of the cryptocurrency industry, I would rather invest here than on the US dollar. But hey, just because I or most of the people does it, doesn't mean you also have to. Each to his own, invest on which you feel most comfortable about(by comfortable, meaning you know what you are doing and aware of all the peos and cons).

[Alert31]

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.

I agree in what you have said because not all coins in the market is worth to buy and invest. Even a coin is in a dip, you should always do some research and study the market movement of these coins. Don't waste your capital in many worthless coins instead invest wisely.

[andriarto]

You must understand that not everything cheap is worth it to be bought, specially in huge amounts. That mindset is just wrong. Although it is quite evident how good of a currency the us dollar is, looking at the economical state of the US right now makes it less appealing to me. And with the hype of the cryptocurrency industry, I would rather invest here than on the US dollar. But hey, just because I or most of the people does it, doesn't mean you also have to. Each to his own, invest on which you feel most comfortable about(by comfortable, meaning you know what you are doing and aware of all the peos and cons).

for me there is nothing wrong if we want to buy when the price is already in. but there are some that we must pay attention to, among them we have to see if there is any support that can be used as a reference. besides that we should not spend capital to buy at one price, we must anticipate if our analysis does not work, so we remain calm to take risks

[bitgolden]

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.

If something is cheap and there is a reason for it to go down, then you might be worried. There have been some coins in crypto world that went cheaper and cheaper and eventually basically died, or there are stuff in fiat world where things went cheaper and cheaper and eventually got destroyed as well.

However one thing is for sure, bitcoin is not like that and I believe ethereum and bnb is not like that neither but you can argue against that, however bitcoin is definitely like that. Bitcoin went cheaper "just for now" 100% guaranteed, maybe it will go up in the next month, maybe it will go up 3 years later, but one thing is for sure that it will go up again. Only reason not to buy it right now is the fact that it may drop even more before it goes up and that is the part people are not sure about, everyone knows that bitcoin will be 50k+ one more time, but they do not know if it will be 20k before it is 50k+ again.

[Gaaara]

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.

I agree in what you have said because not all coins in the market is worth to buy and invest. Even a coin is in a dip, you should always do some research and study the market movement of these coins. Don't waste your capital in many worthless coins instead invest wisely.

Actually as long as the market cap is healthy there is no reason to worry, you can easily manifest which coin is going to be abandoned or if it cannot recover from a dip, usually I use market cap as an indicator of whether the coin is still worth to buy or not. Yes research is important as well but there are really good coins with good background that fell off and did not recover.

[newwest]

Buying from the dip is always a good choice on one condition. We should observe the events going on really well before buying anything (dollar, Bitcoin etc.). If things seem really alarming, then we should act according to it.

Based on the research if someone feels that it has fallen a lot and future it will bounce back, then should not be missing the buying opportunity and start buying because in bitcoin when the bounce back happens it is faster and you can make that count on your side.

[angrynerd88]

Actually buing is also an art before buying market analysis to be focus and decide either buy for long run or short term.This is often the troublesome perspective of cryptocurrency however because it is basically on hypothesis because it isn't directed. So in a perfect world in the event that buying a coin, the finest to do is attempt doing going learned investigate to see deeps within the coins , the profound is profoundly benefitting. Illustration for dogecoin which is generally the modern rave of the minute. There are also more coins like Doge still have worth and potential like Cardano doing well and in long run will be beneficial.