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Author Topic: What are your top picks to buy the dip?  (Read 583 times)
Deewhy50 (OP)
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June 22, 2021, 09:34:19 AM
Last edit: June 22, 2021, 09:45:32 AM by Deewhy50
 #1

BTC dropped 14% and ETH hit $1800 yesterday. The market is in terrible fear. As the leading coin in DeFi lending, AAVE peaked at $668 and it is now $200, nearly 70% decrease. Should I buy the dip now?

DeFi lending protocol like AAVE is undoubtedly the number 1. What product and which newcomer do you think can overturn the current DeFi lending giant? Here are some of the DeFi lending products that I am following:

1. Notional https://notional.finance/  backed by Pantera and Coinbase, fixed rate lending protocol


2. Decredit  https://decredit.io/#/   credit loan, low deposit and high borrow

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June 23, 2021, 05:11:05 AM
 #2

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June 25, 2021, 11:56:33 AM
 #3

Others crying, I'm buying. The secret to gain benefits is to buy it when it's undervalued. Wink
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June 25, 2021, 12:03:37 PM
 #4

"Buy when there's blood on the streets .."  Wink
I am still not sure if this is the end of the drops, but I strongly believe that prices will start to rise again soon. My favorite at the moment is primarily ETH. I see a lot of potential in the upcoming hardfork. If the transfer fee costs drop significantly, I think ETH will have great potential for new ATH.

.
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June 25, 2021, 12:10:25 PM
 #5

I would, most definitely buy me some Bnb, then ethereum and Matic. Maybe Btc. That's how I roll these days
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June 25, 2021, 12:17:09 PM
 #6

BTC dropped 14% and ETH hit $1800 yesterday. The market is in terrible fear. As the leading coin in DeFi lending, AAVE peaked at $668 and it is now $200, nearly 70% decrease. Should I buy the dip now?


I think that during dips or during real bear market is the best opportunity to invest into projects that are already big and established and that we can be pretty sure of that they will still be here in 10 years and that they will also increase once the next bullrun comes. By that i mean Projects like ETH, Polkadot, BNB, Solana but also projects like AAVE that you already mentioned. The only question is what happens next in the market, is the correction already over and are we starting to see stabilizing and afterwards rising prices again, or are we just at the beginning of a 1 year long or even longer bear market?
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June 25, 2021, 01:31:24 PM
Merited by amishmanish (2)
 #7

Buy bitcoin and ethereum or any other coin which is well reputed and has the potential, I am not going to suggest any coin because no one can predict the future so just pick your own coin and my cryptocurrency will always be bitcoin.









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June 25, 2021, 02:12:57 PM
 #8

I bought some avalanche, they went just below $10 and they have a good future. Even in worst case scenario, I see them doubling to $20 soon. I also bought some BNB at $250 and already sold them at $300. Also bought Tron below 5 cents but couldn't sell them and I'm still holding them. It seems like we are going through another dip and it would be another chance for me to buy some coins for cheap.
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June 25, 2021, 02:28:21 PM
 #9

No doubt, this is the best time to buy more crypto owing to the fact that we've experienced over 50% decline in the value of most cryptocurrency. I'll go with Bitcoin and ethereum for a long term hold because the market don't seem to be bullish anytime soon. What ever decision on buying cryptocurrency should be in the light of a long term hold because we're in the bear market presently.
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June 25, 2021, 02:30:11 PM
 #10

I am surprised why so many people chose BNB coin, I might choose it for short-term trading, especially since its value will recover quickly, but in the medium and long term, it is a very bad investment.
Just because the price has risen a lot, it does not mean that it will continue to rise, but on the contrary, it is an indication of an imminent collapse.

Same apply to Dogecoin and other coins that people only bought it because of price or tweets.

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June 25, 2021, 02:43:22 PM
 #11

one of the principles of this honest "buy the dip" trading is one of the safest trading methods, minimizing excessive losses. and of course you have to apply these principles little by little. Don't let the obsession when the price doesn't support it seems like it will give you a bigger opportunity.

.
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June 25, 2021, 02:47:56 PM
 #12

I am still waiting for Ethereum, Bitcoin and BNB to fall even more in price, as I think that the next correction of the cryptocurrency market will begin soon and when the prices of these top cryptocurrencies will fall even more, then I will invest in them, I also think to invest in other top cryptocurrencies, but so far I have not decided in which ones, and so far I am thinking about investing in chainlink and polkadot, since these cryptocurrencies are developing very well.
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June 25, 2021, 02:49:13 PM
 #13

I'm only buying ADA because its the only I can afford jist to add to my stash that are being staked. If the orice is more than $1 and I could earn from staking about 8ADA a week,  I think its a good investment for me.

I wanted to for my portfolio but I got no budget for it anymore, DOT would probably my next if I just have funds.

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June 25, 2021, 02:52:23 PM
 #14

My top pick for the dip are:etherum, Cardano,  Polygon,  a little bnb and of course the bitcoin!  People still believe that the dip in the prices of Cryptocurrency are not here yet,  there will still be dipper dip when bitcoin begin to sell under $20000. I am loaded and waiting for market to recover and if doesn't recover,  I will be buying the lower low prices as it comes!

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June 25, 2021, 03:27:36 PM
 #15

Have some patience fellas it's not the right time to start buying back some coins, power investors and influencers will try as much as possible to bring crypto value down, look at china presently do you think they are stupid? No they aren't, be smart

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June 25, 2021, 03:28:41 PM
 #16

"Buy when there's blood on the streets .."  Wink
I am still not sure if this is the end of the drops, but I strongly believe that prices will start to rise again soon. My favorite at the moment is primarily ETH. I see a lot of potential in the upcoming hardfork. If the transfer fee costs drop significantly, I think ETH will have great potential for new ATH.
current ethereum network fee decrease sharply till 5 gwei for standard speed. It is as good signal for accumulate ethereum in cheap price , traders and investors will actively again using ethereum network in their transaction . But we still need to analize current market trend in order to avoid rekt when we buying ethereu, . as we now at this moment cryptocurrency still facing extreme fear, most of retail traders selling their assets.
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June 25, 2021, 03:37:39 PM
 #17

I will buy bitcoin If the price of Bitcoin drops to $25,000. I saw that announcement on a big trading signal channel.  It will happen soon. And already market droping start.

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June 25, 2021, 03:41:53 PM
 #18

Take full advantage of dip seasons to take advantage of greater advantage with imo. It does not need too much skill, just good judgment, decisive in its dyor, should not fall into panic and distraction. Good for holding PYR, SOV, THEta, OMI. For me, investing in crypto does not need to be too rigid and perfectionist, sometimes too much hope makes the psychology fall into an inhibited state.

I will buy bitcoin If the price of Bitcoin drops to $25,000. I saw that announcement on a big trading signal channel.  It will happen soon. And already market droping start.
Cool, I only buy in the dip provided I know what it is and what's coming.

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June 25, 2021, 03:45:33 PM
 #19

I'm only buying ADA because its the only I can afford jist to add to my stash that are being staked. If the orice is more than $1 and I could earn from staking about 8ADA a week,  I think its a good investment for me.

I wanted to for my portfolio but I got no budget for it anymore, DOT would probably my next if I just have funds.

It's pretty good when you see that ADA's potential is very significant these days, although the mainstream has declined sharply. For the long term, investing in ADA is one of the best choices.
as long as you can analyze ADA's potential in the future, it won't be a worry anymore.
invest as much as possible to make your mental psychological calm.

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herurist
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June 25, 2021, 03:52:39 PM
 #20

times like this are of course very important and crucial for both traders and holders, some are starting to get stressed because of the ongoing decline and some are still busy in adding assets and one of them includes me Smiley it would be better if eth went back down but right now pretty good because I'm one of the people who still like eth until now and I'm still very sure eth will continue to rise with the current trend which is starting to look good

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