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Author Topic: Only good coins survive the dip  (Read 943 times)
adzino
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August 24, 2021, 11:31:34 PM
 #41

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.
Preach. Only coins that are well developed and well known are the ones that will survive a dip. No shitcoins will every recover from a dip. Sadly there are people that buys shitcoin due to FOMO. When the price starts to take a dip, they keep holding thinking that the price will  eventually recover. Unfortunately that will never happen. Again there are those that buy those shitcoins during dip hoping its going to moonshot again. Only buy those coins during dip that has some real use case and widely used!

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August 24, 2021, 11:46:16 PM
 #42

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.
(...)
True and people should start to practice this.
We can also relate this to, not all cheap is good to buy, not all coins that are already bottomed is always good to buy.

We should have other things to consider before buying, especially this "buy the dip" act. Marketcap, trading volume, and other technical analysis or fundamental analysis could help too.

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August 24, 2021, 11:55:13 PM
 #43

Well, we always observe that many of these "scam" coins will always get the issues after a few months or even a year after its release. Sometimes a good intentioned coin also suffers because of an inactive community and lack of interest from people. That is why many of the old timers always spew out one word when it comes to investments and that is "Bitcoin" but of course that does not mean that you always listen to the old timers. There are many good coins in the top 20 list. You just have to figure out which one will be your investment.

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August 24, 2021, 11:59:17 PM
 #44

this is easy to understand and only fools believe in the recovery of trending, and non-transparent projects. It doesn't matter if the project is new or old, as long as it is active and creates value, we can still buy it.
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August 25, 2021, 04:15:11 AM
 #45

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.
Yeah agreed. This good alts retain its position even when the bearish market occurs like ETH. I saw how it performs even when the market crashes hard. Another thing is those coins with utility which have a very good foundation is really hard to take down. However, those overhyped coins weren't that lucky. PundiX is one of that where it goes like from 10$ to 1.8$ in just a matter of weeks due to its overhyping and weak foundation.
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August 25, 2021, 04:18:20 AM
 #46

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.
that's why making technical analysis is a must when choosing or buying altcoin wherein in order to have good return afterwards.. Not when you see a coin at the very dip in the market you will buy immediately. Nope it's a big mistake!  Because fyi mostly nowadays when it comes altcoin, somehow they cannot guarantee to recover back to the top after hard declined because everytime there's a good emerging coins in the market reason investors prefer to take the advantage especially if there's a hype, what i mean rather than putting again their money to the project where they already made profits because it will take some time again to make good improvement.. That why some of them turn into shitcoins suddenly without knowing..
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August 25, 2021, 04:39:12 AM
 #47

buying on a dip does only apply to good coins, and it can be earned on popular coins, or on new coins your research. however, nowadays there are indeed a lot of coins that are very slow in recovering in price when their prices have declined after reaching their ATH, especially the drop that occurred in April. it's just that, after the price recovery occurred this month, not all coins made a quick recovery. so many new coins that even the price keeps dropping. however, it was a factor in the development that his team did. Because of this, to find out new coins with high potential returns to buy at the time of the dip, look at the developments they have or will release, such as adding exchanges, coin burning, or something else.
the other thing is, sometimes even though it's being developed, or has been released to a new exchange, sometimes a new coin can take several months before rising again.
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August 25, 2021, 05:03:54 AM
 #48

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.
that's why making technical analysis is a must when choosing or buying altcoin wherein in order to have good return afterwards.. Not when you see a coin at the very dip in the market you will buy immediately. Nope it's a big mistake!  Because fyi mostly nowadays when it comes altcoin, somehow they cannot guarantee to recover back to the top after hard declined because everytime there's a good emerging coins in the market reason investors prefer to take the advantage especially if there's a hype, what i mean rather than putting again their money to the project where they already made profits because it will take some time again to make good improvement.. That why some of them turn into shitcoins suddenly without knowing..
yea, i agree with you.  That's why it's difficult sometimes new coins or altcoins are difficult to develop because it is considered that they are waiting for the time to go up or pump after that they become free, even though the coin provider must be in the form of a company with good liquidity.  That's why making new coins requires a lot of capital if it's not a company it will be difficult.
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August 25, 2021, 05:32:27 AM
 #49

I think you're right most of the good coins survived the dip, well yes of course because of the projects/products they have. I still wondering how memecoins managed to survive this dip I think even the not so good coin managed to survived with the community driven hype.

I really think for long term Bitcoin, Ethereum, Matic and Solona would be really great. I'll load some of this coin and even if the market will crash I will not sell this.

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August 25, 2021, 05:44:29 AM
 #50

That's true that we should be very careful with altcoins that are in drawdown. I think it is better not to buy such coins at all that are in dip, because you don’t know if they will recover or not, moreover, we know that bullish market is smaller than bear, so it can happen that you invest in a coin in dip and then you wait for two or more years for another bull run, and even if it recovers, you will be nervous all the time, so it is better to invest mostly in mainstream coins in dip.
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August 25, 2021, 08:29:04 AM
 #51

Obviously it may be a smart step to invest in a quality altcoin in bearish market and somewhere it gives us hope to make a decent amount of profit whenever market recovers but these days it looks mostly people don't understand this simple point, they're being greedy and want to become rich overnight by investing in shitcoins which don't have a future at all.
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August 25, 2021, 09:06:05 AM
 #52

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.

I definitely agree with what you are saying. During the times of a huge bullrun almost every projects makes some nice gains even those that were already dead with no volume for a few years. I still don't know why this happens or why someone would by coins like that but it keeps happening during bullruns. Once the bear market comes it becomes obvious which projects have a strong foundation and are here to stay even if the coin loses 90% or more of its value. So in that regard a bear market is much more helpful to determine which projects are actually solid and which projects where just created to benefit from a bull market.
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August 25, 2021, 11:56:44 AM
 #53

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.

I definitely agree with what you are saying. During the times of a huge bullrun almost every projects makes some nice gains even those that were already dead with no volume for a few years. I still don't know why this happens or why someone would by coins like that but it keeps happening during bullruns. Once the bear market comes it becomes obvious which projects have a strong foundation and are here to stay even if the coin loses 90% or more of its value. So in that regard a bear market is much more helpful to determine which projects are actually solid and which projects where just created to benefit from a bull market.

There are pumped and dumped groups who wanted to allure traders that's why even shit projects move during bull season.

Take note that there are scam developers who know how to play with traders' emotions, knowing that in somehow they can easily attract
some lazy traders to buy coin and once correction takes place, those traders who invest will be left behind and lose their money.
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August 25, 2021, 12:56:23 PM
 #54

must be careful in looking for altcoin assets at this time,, not all altcoins have a good future it is true only an old coin that has a good price, and I personally agree with that because I have kept my assets until now and the price has never dropped sharply, althoughmarket is showing a decline..

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August 25, 2021, 02:44:40 PM
 #55

Good coins like bitcoin , ethereum , Binance not only survive the dip but they give us an opportunity to invest in those coins during that dip. Because we know their potential and it is sure they will bounce back again after the price fall. Some of the low potential coins go down that much that they never recover.

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August 25, 2021, 02:57:27 PM
 #56

Market corrections is imminent and that's the golden opportunities to buy good coins  that already showed prowess and has used case utilities in the blockchain ecosystem while dip market is on going will surely survive and come back stronger when green market is coming.

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August 25, 2021, 03:07:21 PM
 #57

Good coins are always preferred to support from its large user base. In any market condition, I think it's always in agreement. You can not do the opposite to choose a product that you do not know or trust its quality. Lol
Although, there are pumps that operate "unnaturally" outside this range, but it does not have much effect in the long run.


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August 25, 2021, 03:28:04 PM
 #58

Good coins like bitcoin , ethereum , Binance not only survive the dip but they give us an opportunity to invest in those coins during that dip. Because we know their potential and it is sure they will bounce back again after the price fall. Some of the low potential coins go down that much that they never recover.
Of course the one you mentioned are definitely those potential coins listed on the top. However, they are not excused from any dips so they are still bound to fall and luckily, they eventually recover. They are not just good coins that survive from dips but they are also promising that gives more hope to all investors.

But there are those low potential coins that will able to survive from the dip but most of them their chances of recovering is very slim. Once you invest, make sure you have the potential coins in your portfolio that will make you more motivated to take the risk because if not, you will just regret that you have invested in those wrong coins that will only waste your money and effort.

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August 25, 2021, 03:35:15 PM
 #59

The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.
You are right, after the drastic drop in the price of crypto in the market, we can see that almost 99% of altcoins are also affected by the negative sentiment that hit bitcoin, but in the last few days the price of altcoins has increased slowly along with the return of bitcoin prices, and it can be seen if the altcoins that are in the in the top 20 on the coinmarket it is slowly improving, while new altcoins or tokens continue to decline and it seems difficult for the price to rise in the market again.

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August 25, 2021, 03:42:18 PM
 #60

that's the reality of the altcoin market, the value of a good coin will last, and not go down as much as new coins nowadays, when bitcoin goes up they will go up almost 200%
  even more and when bitcoin shakes the price of new coins  will fall 5-10 times their increase, but coins that have value will stabilize in price and tend to rise even though slowly after a correction
It was noticed that they are showing more hypes and have a good start but honestly, most of them just ended up shortly. They come and grow fast but they leave the market so quickly. Apparently, when it comes to sustainable market design, we can never see it with them.

Choosing them is just for the short-term but when it talks about the long-term investment, only we have to choose old coins which already have a reliable market design and has been known not only by their name but also because they have an existing market value.

R


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