ever heard of this "buy at dip and be rich in the future"

[evilgreed]

               Look, I am not gonna go and talk crap nor judge you. Instead, I'll guve you an advice since I too have been un the same situation in the past. One thing you should consider next time is that it is hard to chase bottoms. So only invest what you can afford to lose. Another would be to invest only on thise projects that you yourself have researched about a lot and has conviced you that it is a good investment. Another would be to bot invest on too many assets specially as a beginner. Another is to not invest all the capital you have; always keep extra for DCA purposes and for sudden opportunities. And the last one would ve to cut losses when you are already 30-40% down on not so sure coins, only DCA on good coins that has really proved their worth in your eyes after good research.

               Now if these are too much work for you, reduce your coins in your portfolio to a comfortable number where you can keep track on all news and happenings about them. Of course it will be tedious but you can't expect to have good profits with half assed efforts. Investing just because of hype is just another act of gambling. You'd be better of heading to some gambling sites then if you don't want to put in the efforts. I hope you get to read this so it can help you because I, back then would've loved to see this type of advice.

[judeafante]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

Have you not done a research, you posted that these coins have potential and checking, all of them have potential it's just you are very impatient to see the results and make a profit, that's not how things work, some of those who bought in the dip wait for months and years to make a profit, one example is the start of the pandemic those who bought at $6000 have waited for 2 years to maximize their profit, it's not that you buy on Monday and you will make a profit on the next day.

[Nrcewker]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

It’s not always good to buy at dip.
And now you made really a big mistake.
So in order to recover your loss, you can do is to wait for long time.
Bitcoins have the potential to grow a lot, and seeing now at 37k USD, in the next few months it will again reach at 60k USD around.
And this time you learnt a lesson, so next time before buying any coin, always do a research and market analysis and buy a coin.

[max6575]

on excessive as newbie investors work with inability to occupy strategy of old investors there happen as newbie choose to work with the customs as avoid the work on satisfying market with the old investors have with investment,
and begins to work with personal expends on effort to win with the peripheral market as they have with offers,
or newbie investors might moves with the strategic as occupying the centrist position to gains on moderate way on request from the market.

[shushu9977]

You do the right one, because the market is crash or below as we think. Be patience and wait for a good profit in future. I will buy few coins. You see previous month, the btc or other cryptos price are as good as we except. It is back very soon. So, wait and keep cool.

[Jating]

It's because that's how we are programmed to do, "buy low sell high".
And I would say it is very effective method or strategy, and definitely the simplest and yet effective method in investing. But then again, there is a caveat, it's not that easy and it will take you years to be rich. No one will make huge profit in just a year by investing in crypto. Unless you got lucky and you have a lot of money in the first place, AKA whales that can manipulate the price in your favor.

[Woodie]

"buy at dip and be rich in the future", this is a catchy phrase i like it but Looking at the charts this would be some kind of confluence that can be used to buy the dip when markets are in a trending market which would simply mean you are buying at the discount price of that specific range and not that this is a new strategy

[RussianEnglishTranslation]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

I'm buying ICP and Fantom right now, both are in oversold RSI territory and are due for a pump.

[hashrateproducts]

You do the right one, because the market is crash or below as we think. Be patience and wait for a good profit in future. I will buy few coins. You see previous month, the btc or other cryptos price are as good as we except. It is back very soon. So, wait and keep cool.

Alt coins these season keeps on pumping and dumping. The thing is that you should be able to enter the market when it's in serious dip. ATL price of coins may change your mind against the coin and that brings FOMO(fear of missing out). Buying of dips is one of the best basis of Crypto and the market. Just have patience and wait for the coin you want to purchase to dip, then bagged as large quantities as you want, then wait in the nearest future for it to pump. Although I don't go for BTC or ETH because these are the two top coins that mainly controls the market. Rather I purchased shitcoins and memecoins that I'm sure that will do better in the future.

[lienfaye]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

Even the price is in dip we're not certain if thats the bottom or the price will still go down further. The point is you bought these coins in dip, but clearly not the bottom. Its understandable to have worries but thats how the market works, really unpredicted. What you can do is to be patient and forget for a while the market so it wont give you stress.

The prices of these coins will recover back. Just wait for that moment if you really want to gain with your investment.

[fortuner]

You do the right one, because the market is crash or below as we think. Be patience and wait for a good profit in future. I will buy few coins. You see previous month, the btc or other cryptos price are as good as we except. It is back very soon. So, wait and keep cool.

At this time there is no other word other than calm and surrender to the current situation.
 Because no matter what, we hope that change has not yet come.
If you really want to buy coins, then choose a coin that has good development and has good potential because even though the market is in a bull trend, we can still get the benefits, even if it's not much.

[danherbias07]

Stop checking it every minute. I remember myself in you. That's how I am back then, rushing the profits like I want to see what is happening every hour and it got worst I cannot even go to sleep anymore. Upon purchasing you should've been ready about the fact that it could take long before you reap the rewards. It will be stressful if you keep on monitoring it for a short span of time, let it marinate, you are not trading but investing.
About being rich in the future, that's the wrong point of view.

[justdimin]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

That's a quite good deal actually, you should be able to be proud of yourself because it really does deserve it. I mean think about it, we are talking about collecting at the bottom or close to bottom and then making money based on the future of it, if you can hold of course.

One thing to "worry" if you will, would be to picking bad coins when doing this, I am not saying the ones you picked are wrong, I wouldn't know, if I did know which ones would go up and which ones would go down, I would be a millionaire by now and wouldn't be here, but I can tell you that there is a risk of picking wrong coins and only time will tell which one that is.

[DOH!]

II bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?

Very impressed with your choice.  They are both long-term top coins with a future ATH outlook.  Unfortunately, cryptocurrencies are being subject to FUDs, which have retroactive effect on fiatlord regulations.  Lol, just like the market way, more pressure creates a bigger rally.  That takes adaptation but HOLD is the key to success, wealth in this market.  Most of my portfolio is in decline but I'm not worried and confused because I believe bitcoin will set a future currency standard soon, in a thousand chances I just need one in bitcoin  .

[yazher]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

You're doubting too early and I want to remind you that rule is for long-term holders. As for those who want to profit early, they need to choose to learn daily trading which will gonna be their main goal to earn daily. Looks like you are not alone in this kind of decision because there are also some people who bought from the dip last month and they are not yet getting anything from their investment since the price is still dropping but remember when you choose the right coins, all you need to do is wait for the right time to sell it. though it's not certain when is that time, you can just wait and keep updated on their telegram.

[Teraboy]

Yeah but you understood it in wrong way. Buy the dip means bottom that can't be determined. Basically you must waiting for the big bearish trend to happen to make sure if you can buy the token at the bottom price. If yo are buying those at the peak and you are taking a wrong step. The question is did you know how dip the market would be? i guess you didn't but you just try to convince yourself if you have bought that at the dip while the fact if you are still loosing right now and that means you were buying at the peak price. I think that you must need to read it carefully.
Try to take the dip that has no clue about how deep it is.

[ice18]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

This is normal experience in crypto because no one knows if we are really in bear market again or still at bull market not only you have experience this but many of us, I suggest that you hold it for long term and wait for another bullish market maybe new ATH in the future, you will not lose money if you dont sell at at low price than your buying price. A lot of patience is needed when it comes to investment just forget about it and return after some months.

[robelneo]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

It's not only

"buy at dip and be rich in the future"

also

invest what you can afford to lose

obviously you expect profit in a short period of time and will not accept seeing portfolios going down, you have to reeducate yourself on the right way and planning in investing in Cryptocurrency, you are not doing things wrong these coins are good it's your motivation and your expectation.
If you're bothered then cut your loss by selling all,  reeducate yourself or just leave investing in Cryptocurrency, it's not for you.

[bittraffic]

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

^
Read whats above this message. It says invest what you can afford to lose. Its not just newbie who believed it at first, there are traders who can assume the dip is the dip they meant. Majority will keep telling you to invest on BTC alone and the reason is simple. BTC has better technology that can go bullrun without the help of other altcoins.

The dip they are telling you is the dip when there is a bull market. If you buy the dip while there is a bear market, its the wrong thing,

[Reid]

You bought coins with good potentials. I think you just need the little patience and you are good to go. Don't rush the profits for it will come to you as a blessing that you are not expecting. I mean, I am one of those who made good money with just patience. Bought Ethereum while it's just above $200 and now it's just sitting in my wallet because I am expecting more with their ETH 2.0.
I did nothing, just trusted the process and have the courage to keep it even with all the madness sways of the market.