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Author Topic: Are you buying the dip?  (Read 867 times)
chichigirl
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May 24, 2022, 10:48:29 PM
 #121

Major cryptocurrencies have been on a downfall this past week, as investors lost confidence on Terra (LUNA). Bitcoin, as well as, Ethereum, Cardano, and several other "blue chip" coins are being traded at a discount these days. This could be a huge buying opportunity before prices bounce back to their original levels. If Bitcoin is predicted to reach $100k, then imagine how altcoins will rise in price. Buying the dip might be the best thing you could do right now. If you're into crypto for the long haul, you'll know what I'm talking about.

That said, I'm curious to know if you're buying the dip? If so, I'd like to know which cryptocurrencies do you think are worth the investment for the long term and why? Your input will be greatly appreciated. Thanks. Smiley


I believe that buying at the dip will surely get more profits someday. I will definitely buy and invest at the very low price because the price of altcoins will surely rise. We just need to be patient and trade while we are waiting for the price to rise.

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May 24, 2022, 10:52:18 PM
 #122

Try bought some altcoin on dip price but few hours later after my order filling always have new dip after my dip invested before, I have use tow until three kinds price when investing some altcoin but always have another dip price after my order filled. But I keep hold and think will have chance my altcoin invested back to higher price without have to stop loss or try with cut loss. Keep believing when dip price looking other activities and waiting for price recovery and take profit before buy on dip price again. Never make tired when buying altcoin have dip price and keep believing always have good price later.
this bearish trend wont last for long term again , we are almost in bottom now and buying some potential altcoin could give us good return in several months later. bearish trend will not run foreover , impulse and corrective will always happen and it be our opportunity to gain profit . maybe for long term that believe in product that build by dev team, volatility will never care .they focus on main product that will be trigger to pump.
bearish season will not always happen, and of course there will be a change of season that can give us profit if we currently buy some altcoins that are at the bottom. but of course the selection of altcoins is a priority to get potential altcoins. don't be wrong in choosing altcoins, so the project can't develop and our money runs out, Actually, top coins are a safer choice, but with the Luna incident, I think we have to be more careful

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May 24, 2022, 10:56:08 PM
 #123

Only on some selected altcoins, not those that are newly emerged because we don't have any idea whether they are legit or not because this is how they are in the start, they keep updating and active to their investors to lure them to invest more and when they see that they gaining profit, they pull back with that money and disappear. Except for a few that are real and have their own teams of real developers, they won't do such things rather they are busy developing their project after their launch and making it one of the best contenders in the crypto market until it reaches one of the top altcoins.

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May 24, 2022, 10:59:47 PM
 #124

Major cryptocurrencies have been on a downfall this past week, as investors lost confidence on Terra (LUNA). Bitcoin, as well as, Ethereum, Cardano, and several other "blue chip" coins are being traded at a discount these days. This could be a huge buying opportunity before prices bounce back to their original levels. If Bitcoin is predicted to reach $100k, then imagine how altcoins will rise in price. Buying the dip might be the best thing you could do right now. If you're into crypto for the long haul, you'll know what I'm talking about.

That said, I'm curious to know if you're buying the dip? If so, I'd like to know which cryptocurrencies do you think are worth the investment for the long term and why? Your input will be greatly appreciated. Thanks. Smiley


I believe that buying at the dip will surely get more profits someday. I will definitely buy and invest at the very low price because the price of altcoins will surely rise. We just need to be patient and trade while we are waiting for the price to rise.
i do agree , with current price alot altcoin now in dip and have low risk if we buying now. maybe in next two months we see nice recovery from all them. bearish trend will end soon and it will not last forever, it have time to stop and reverse become bullish trend.

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dagrailzfor
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May 24, 2022, 11:03:59 PM
 #125

Market is full of surprises just like what happened to luna price and if i buy luna when its price drop to 0.000019$ i am now having profit. For now i am still waiting and still do my own research before making a decision because it is really hard to decide when it involves money specially when we are in the bloody or bearish market.
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Long term the overall crypto market is still very small so it depends on what your time frame is. Buying BTC each and every week may not deliver 1000x returns any more but you will still do very well
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May 24, 2022, 11:20:01 PM
 #126

bearish season will not always happen, and of course there will be a change of season that can give us profit~
I don't get your point. As far as I know, there will be always a bearish after a bullish period.  Undecided
And the bearish already happened, we are in the bearish phase right now. Don't you realize it, mate?
Yep, there should be a change in crypto market trend. If we have no change in market trends, people will be difficult to gain significant profits. Huge profits will be achieved if there is a significant difference in crypto market trend (bearish-bullish).

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May 25, 2022, 01:53:01 AM
 #127

As long as you know where/when to buy on the dip you can make an easy profit. Imagine those people who bought luna from the deepest dip, Their profit gone crazy, I know some friends who easily makes x10 from that crash. Knowing the coin if it is underpriced, knows how to read charts and a lot of experienced could easily make you do some decent profit. Buying in the dip when you are a beginner is a different thing, Most of them used their emotions and trust without backing up their purchase.
Finding when to buy is the biggest problem. People keep looking at the bottom and fear that it may drop even more and stay away from buying more. That is a big problem in our market, when it was 26k, that meant that people sold from 40k to 26k without much buying happening.

This should tell you that there were tons of people who sold at the prices that they should have bought. I mean that's bottom, and people were selling at the bottom. That causes many to lose money and price to go back. Right now anyone who sold between 30k to 26k ended up in a loss for example. This should be good enough reason to understand why it's hard to find the bottom for so many people.

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May 25, 2022, 05:10:56 AM
 #128

Only on some selected altcoins, not those that are newly emerged because we don't have any idea whether they are legit or not because this is how they are in the start, they keep updating and active to their investors to lure them to invest more and when they see that they gaining profit, they pull back with that money and disappear. Except for a few that are real and have their own teams of real developers, they won't do such things rather they are busy developing their project after their launch and making it one of the best contenders in the crypto market until it reaches one of the top altcoins.
however, if you want to buy the current dip, it is best to choose a popular altcoin, or the most recommended one is bitcoin. choosing a new coin because its price is dropping at the moment is not a good thing. because some of the new projects are sometimes very difficult to pump when the price has dropped. however, currently I still see the state of the market first. if I wanted to buy a dip, I would probably buy one of bitcoin, ethereum or BNB.

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Earn_Finance
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May 25, 2022, 07:39:50 AM
 #129


A lot depends how useful is the project and what tools it offer. Now a lot of new projects appear but it is very important to evaluate the potential of the coin such as https://twitter.com/CorsacV2/status/1526405278094266368 which allows to get 9% BUSD 💰 rewards with utilities!

Because all markets fall many people desipointed in investents at all.
Now nobody can say how long will be the fall of the market and when it will start to recover.
All markets continue to fall.

Because all people are desipointed in investments and in panic sell their assets now it is the best time to buy assets.
It is necessary to buy crypto when market falls.
What do you thing about this  Huh
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May 25, 2022, 11:31:16 AM
 #130

Dips are for buying. MyCryptoParadise sends me crypto calls, and they recently shared a GEM.
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May 25, 2022, 11:52:58 AM
 #131

Major cryptocurrencies have been on a downfall this past week, as investors lost confidence on Terra (LUNA). Bitcoin, as well as, Ethereum, Cardano, and several other "blue chip" coins are being traded at a discount these days. This could be a huge buying opportunity before prices bounce back to their original levels. If Bitcoin is predicted to reach $100k, then imagine how altcoins will rise in price. Buying the dip might be the best thing you could do right now. If you're into crypto for the long haul, you'll know what I'm talking about.

That said, I'm curious to know if you're buying the dip? If so, I'd like to know which cryptocurrencies do you think are worth the investment for the long term and why? Your input will be greatly appreciated. Thanks. Smiley


I believe that buying at the dip will surely get more profits someday. I will definitely buy and invest at the very low price because the price of altcoins will surely rise. We just need to be patient and trade while we are waiting for the price to rise.
i do agree , with current price alot altcoin now in dip and have low risk if we buying now. maybe in next two months we see nice recovery from all them. bearish trend will end soon and it will not last forever, it have time to stop and reverse become bullish trend.

I can't say in the next 2 months or the next 6 months the bear market will end but one thing I do know is that bear markets don't last forever. It will have to come to an end and give way to the bulls so the current drop is very suitable for us to buy dip. But invest wisely, do not buy all at this point because the price will most likely continue to fall.

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May 25, 2022, 01:01:03 PM
 #132


A lot depends how useful is the project and what tools it offer. Now a lot of new projects appear but it is very important to evaluate the potential of the coin such as https://twitter.com/CorsacV2/status/1526405278094266368 which allows to get 9% BUSD 💰 rewards with utilities!

Because all markets fall many people desipointed in investents at all.
Now nobody can say how long will be the fall of the market and when it will start to recover.
All markets continue to fall.

Because all people are desipointed in investments and in panic sell their assets now it is the best time to buy assets.
It is necessary to buy crypto when market falls.
What do you thing about this  Huh

It's surely good buying when most are selling, but make sure that you have good knowledge about the business that you are taking. The chance of seeing the market to fall for more is not by far. The dump is unpredictable. There are many factors that will affect the momentum and more weak holders will follow this trend. Note it out that you have to bring more patience and courage to make sure that you are ready for whatever happened around the market.

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May 25, 2022, 03:01:56 PM
 #133

Finding when to buy is the biggest problem. People keep looking at the bottom and fear that it may drop even more and stay away from buying more. That is a big problem in our market, when it was 26k, that meant that people sold from 40k to 26k without much buying happening.

This should tell you that there were tons of people who sold at the prices that they should have bought. I mean that's bottom, and people were selling at the bottom. That causes many to lose money and price to go back. Right now anyone who sold between 30k to 26k ended up in a loss for example. This should be good enough reason to understand why it's hard to find the bottom for so many people.

When there's extremely volatility it's hard to find a bottom. You'd just need to take it slow and easy in order to avoid large losses in the long run. Just buy the "blue chip" coins on the market (usually the top 5 cryptocurrencies in market cap) and you'll do fine. Bitcoin is the "King of Crypto" so it should be on every crypto investor's portfolio. The same can be said about Ethereum. With bear markets, comes a huge buying opportunity for those who can afford it.

If experts' predictions become a reality, then it's possible you'll become a wealthy person in the future if you start investing today. Ultimately, it's all about minimizing risks. As long as you don't put all of your eggs in one basket, you'll have nothing to worry about. Just my thoughts Grin

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May 25, 2022, 03:21:15 PM
 #134

If possible, I would try to invest in Cardano because I have seen that their development team is very consistent and I also feel Cardano has a good system in it.  Yes maybe I also don't follow news about many types of cryptocurrencies but so far I think Cardano is one of the hidden gems for long term assets.


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May 25, 2022, 03:30:10 PM
 #135

I think now is the best time to buy altcoins, if a few days ago the market looked dip but a few days now it looks up, but not too high so now is the best position to buy, I'm optimistic we will soon get out of the bear market.

There are many ways to see that now is the right time to buy Altcoins that are experiencing a drastic decline right now. But be careful that the coins you hold may be meaningless given the things that are happening at this time.

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May 25, 2022, 05:23:55 PM
 #136

I'm in a holding pattern until it "corrects" back to the upside, that 2 trillion.  I actually bought all shitcoins, UST, LUNA, Doge and Amp in an attempt to gain a better position, and the Luna of course was a gamble.  Any flash crash so bad has to rebound.

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May 25, 2022, 05:46:33 PM
 #137


Finding when to buy is the biggest problem. People keep looking at the bottom and fear that it may drop even more and stay away from buying more. That is a big problem in our market, when it was 26k, that meant that people sold from 40k to 26k without much buying happening.

This should tell you that there were tons of people who sold at the prices that they should have bought. I mean that's bottom, and people were selling at the bottom. That causes many to lose money and price to go back. Right now anyone who sold between 30k to 26k ended up in a loss for example. This should be good enough reason to understand why it's hard to find the bottom for so many people.
Those who bought above 30k and sold for 26-27k are at a loss, this is true, but this does not mean that it was definitely the bottom. Bitcoin may continue to fall and reach significantly lower values. Here the main idea is that it was not worth selling at a loss, if you invest in bitcoin and at some point the price goes down, then you just need to hold, the price will return and will continue to grow. In this case, it is better to just buy more and average the price.

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May 25, 2022, 06:10:25 PM
 #138

Those who bought above 30k and sold for 26-27k are at a loss, this is true, but this does not mean that it was definitely the bottom. Bitcoin may continue to fall and reach significantly lower values. Here the main idea is that it was not worth selling at a loss, if you invest in bitcoin and at some point the price goes down, then you just need to hold, the price will return and will continue to grow. In this case, it is better to just buy more and average the price.
There is no doubt if we hold Bitcoin in the long term because the fall in its price can be recovered in the future with the pattern of price movement higher, we have analyzed the price of Bitcoin so far it has always increased to reach ATH, I am curious about the new ATH in the future, will it touch price $100k?

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mr_enoc
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May 25, 2022, 10:54:02 PM
 #139

Major cryptocurrencies have been on a downfall this past week, as investors lost confidence on Terra (LUNA). Bitcoin, as well as, Ethereum, Cardano, and several other "blue chip" coins are being traded at a discount these days. This could be a huge buying opportunity before prices bounce back to their original levels. If Bitcoin is predicted to reach $100k, then imagine how altcoins will rise in price. Buying the dip might be the best thing you could do right now. If you're into crypto for the long haul, you'll know what I'm talking about.

That said, I'm curious to know if you're buying the dip? If so, I'd like to know which cryptocurrencies do you think are worth the investment for the long term and why? Your input will be greatly appreciated. Thanks. Smiley

Yes i am, i will take the risk and buy at the dip since the price will definitely go up. But definitely check the altcoin first. I prefer to buy at the very dip but in a very particular coins only.😅

daxetoken
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May 26, 2022, 03:36:23 PM
 #140


A lot depends how useful is the project and what tools it offer. Now a lot of new projects appear but it is very important to evaluate the potential of the coin such as https://twitter.com/CorsacV2/status/1526405278094266368 which allows to get 9% BUSD 💰 rewards with utilities!

Because all people are desipointed in investments and in panic sell their assets now it is the best time to buy assets.
It is necessary to buy crypto when market falls.
What do you thing about this  Huh

You are right fall of the market is the best time to buy cryptocurrency. But also it is the most risky time for buying cryptocurrency.
Only the best projects will be able to survive during the fall of the market.
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