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

[Viscore]

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 just bought these coins this month and already you are in doubt about your decision?
Do you think few weeks is enough to determine the success of your investment! Does one month investment sounds like future to you?
Maybe you should reevaluate you investment decision, perhaps you are not ready for long term investment, besides all the coins you mentioned above are solid which can recover quickly once the market is back. So just chill and relax.

I think OP is still new when it comes to crypto investing and so he expects quick profits despite of the market's bearish state. You don't have to rush OP because everything pays off once the market turns bullish, so just continue long term hodling and never be bothered with the current price drops as you won't also sell when you're still at loss.

[Muslimin mj]

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 think your decision to buy several Altcoins such as AXS, Sol, FTM, Luna, Avax and Bitcoin is very right, because these altcoins have great potential in the future, but to get big profits we also need a long time. so don't panic if current conditions have made you lose a few assets. because the altcoin you choose is the best altcoins. be patient as the market is going to rise rapidly in the next few months.

[KennyR]

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 think your decision to buy several Altcoins such as AXS, Sol, FTM, Luna, Avax and Bitcoin is very right, because these altcoins have great potential in the future, but to get big profits we also need a long time. so don't panic if current conditions have made you lose a few assets. because the altcoin you choose is the best altcoins. be patient as the market is going to rise rapidly in the next few months.

Yes, those altcoins in OP's portfolio are really potential ones. Luna have encountered some issue. Apart from that all are potential ones, and we don't know how the market changes with time. Buying the dip is good, but we need to have patience to experience the profit out of the investment. Very few get lucky to make good profit in a short time period. Like the one happened with dogecoin and Shiba due to the influence of Elon Musk.

[capedbaldy]

Yes, those altcoins in OP's portfolio are really potential ones. Luna have encountered some issue. Apart from that all are potential ones, and we don't know how the market changes with time.

The most potential is only Bitcoin among the list of other coins in the portfolio, many of the top altcoins in the portfolio list are not recommended because of the impact of the worst cryptocurrency case Luna coin has dropped to the bottom of the list of top coins. So in my opinion it is better to allocate more than 60% of assets for Bitcoin investments then the remaining 40% for potential altcoins.

[poodle63]

the advice that gonna be hardly being followed despite already proven to be the right thing to do amidst the bearish market, as you can see most of us are just panicking and big fat chance just gonna have this chance of having discounted investment missed.
after all going against the market flow is kinda hard, as you could figure out, we as human have tendencies of panicking whenever there are massive correction in the market and even if some people have said over and over again that they gonna be waiting for the value to go down, they definitely hesitant to invest.

[passwordnow]

The most potential is only Bitcoin among the list of other coins in the portfolio, many of the top altcoins in the portfolio list are not recommended because of the impact of the worst cryptocurrency case Luna coin has dropped to the bottom of the list of top coins. So in my opinion it is better to allocate more than 60% of assets for Bitcoin investments then the remaining 40% for potential altcoins.

Luna was once at the top and then we're looking at its downfall. I would agree with that suggestion of putting more into bitcoin.
It's a decision that everyone has to think of if they're still not into bitcoin and relying the majority of their assets with an altcoin. A lesson learned from me and that's my take as someone who's really learned a lot from my own mistakes and wrong decisions.

[MidNite36]

Most times this strategy doesn't always work because people are too focused on looking for the best time to buy, you dont have to wait around for a best time because the crypto market is too unpredictable, the solution is using DCA < dollar cost average >, you can buy your favourite alts every months.

[ItsCrafty]

You should buy at once. It's not a Wise trading. If you buy in every big dip then it's good trading. But don't worry just hold and don't sell at loss. There’s no hope for greedy . Everybody here was greedy. So sorry to say that. Always going for high profit.

[inanilujimi]

Wrong or not, it is your personal decision to choose to own the altcoin, as long as you believe that the project you are investing in in the future will pay off, just believe in what you have believed in from the start and never have doubts about that decision.
if you can't see the value of the asset continue to fall, don't watch the market too much because it can destroy your confidence.

[ringgo96]

Indeed, currently many of us are experiencing losses both in holding potential coins and coins that do have a very good whitepaper, but the mistake you make is to buy luna coins and now a drastic decline occurs so that your assets have a big decline, but for other coins I think it is appropriate just need big patience until later the price increase occurs again.

[d3nz]

Indeed, currently many of us are experiencing losses both in holding potential coins and coins that do have a very good whitepaper, but the mistake you make is to buy luna coins and now a drastic decline occurs so that your assets have a big decline, but for other coins I think it is appropriate just need big patience until later the price increase occurs again.

That's the flow of the market we can not avoid getting a loss on trading but if we do DYOR and hold the altcoin that you think can rise up their value in the future, then you might get rich. A lot of people who take the risk before became rich even though they don't have knowledge of crypto and I think it's just luck.

Best to invest in crypto are those in the top 10, except the LUNA and UST (stable coin) before since it got wrecked really bad.

[Kunnu]

You did nothing wrong it's just a matter of time personally I think you invested in those altcoins during bearish market conditions nevertheless sometimes circumstances don't go according to our estimate that's the simple point you need to admit that nobody can predict the exact further movement of crypto currency market that's the main point we must always remember before investing.

[Sanitough]

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?

If you tend to hold them for long term, then don't expect quick profits from them. Especially if you bought them at a higher price, then let the market recover first before you can start seeing profits. However, know the risks when you start investing, regardless of how potential the coins you have right now, never expect profits all the time as there can be more losses than gains in the real world of investments. Just wait for the right timing to sell and make profits, when everything is stable, only then you can avoid losses and regrets.

[Razanm90]

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?

Dude, what about NFT? I think this is a good way to investment now. I have already found some interesting NFT projects, which will succeed and profitable. One of them "reptile chronicles" have a deep and unique lore, which give the project an opporunity be succeed in long time. What do you think about it?

[firmino10]

investment takes time, and having the patience for it, is another thing. buying during the dip is something right to do. buy one needs to know more about the coin, project, and chart. with time projects that have a solid foundation will rise again. market falls and rises, and for long-term investment, it's all about holding and allowing the coin to grow back before selling.

[Quidat]

investment takes time, and having the patience for it, is another thing. buying during the dip is something right to do. buy one needs to know more about the coin, project, and chart. with time projects that have a solid foundation will rise again. market falls and rises, and for long-term investment, it's all about holding and allowing the coin to grow back before selling.

Everything do really needs time and be smart and depending on what investment you are into because you cant just get profits without having those kind of factors.
Some of people do really hope that much or expecting way too much on which it do really come into a point where they do expect that easy money will be the deal
but once the reality slap into your face then you would really be realizing that this isnt something simple.

[Kelvinid]

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?

What you did is wrong, you never catch what he tried to emphasize...
buy the dip -meaning buy valuable coins during the market crash or corrections but what you did is to buy those coins that are at the bottom.
be Rich in the future - this seems possible if you only invest in potential coins like Bitcoin or the top 10 coins in the market. You can never expect this to some of your lists AXS, FTM, and Luna (scam already) as these all projects are dragging much on your portfolio.

[bitkanu]

your investment feels like it went wrong because you're not buying in the right bearish market instead you're just buying at around flash correction where the value of the assets still well beyond the most recent ATL.
that advice of buying at the bearish isn't wrong at all but the difficult thing is, you just don't know where the real bottom is, so basically you're just gonna be accumulating at the wrong time that you supposed to think was the right time.
this investment definitely isn't as easy as it might sounds because if it is that easy, definitely so many of us has become really rich in investment.

[FanEagle]

Indeed, currently many of us are experiencing losses both in holding potential coins and coins that do have a very good whitepaper, but the mistake you make is to buy luna coins and now a drastic decline occurs so that your assets have a big decline, but for other coins I think it is appropriate just need big patience until later the price increase occurs again.

That's the flow of the market we can not avoid getting a loss on trading but if we do DYOR and hold the altcoin that you think can rise up their value in the future, then you might get rich. A lot of people who take the risk before became rich even though they don't have knowledge of crypto and I think it's just luck.

Best to invest in crypto are those in the top 10, except the LUNA and UST (stable coin) before since it got wrecked really bad.

There is no way that we could ever find a way to "not lose money" because that is the market and we will always have some losses. The problem is not to make zero losses, we can't do that and that is guaranteed, but having very little versus having a lot is the difference. If you get in with 10k dollars to invest and it goes to 20k and drops to 15k that is still 5k from the starting point, but if you are under 10k and stay there for many months then its a problem and means that you got in at the peak point which you shouldn't.

If you can arrange that, and be in profit even when the market drops, then you are going to be fine and there won't be a problem.

[wiss19]

Many people follow this actually. People think that only the rich people follow this, but the reality is many lives were straightened up thanks to this. I know plenty of friends from telegram (crypto friends, not real ones that I hang out with but just ones that I chat on telegram) that got into crypto early on, waited for a bottom, bought there, and sold at peak or still holding and they are much richer.

What do they do? Pay their debts, buy a house, buy a car, pay for college education of their child, whatever they could do to make their life better. Basically, they are spending it like they are rich, and not investing like they are rich, which I find to be a wrong move.