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Author Topic: When Others Panic, the Wise Accumulate: Opportunity knocks in crypto downturns  (Read 108 times)
aima55 (OP)
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August 13, 2024, 04:25:52 PM
 #1

Buy low, sell high - it's been the golden rule of investing forever, right? And for good reason. Folks who've mastered this have made some serious bank over the years. Right now, the crypto market's looking pretty rough. But here's the thing - historically, these dips have often been where the real money's made. Smart investors see the potential and swoop in when others are panicking.

Speaking of potential, the blockchain space is constantly evolving. We're seeing more and more projects aiming to solve real-world problems and connect different industries. Imagine a world where different blockchains can actually talk to each other and share data seamlessly. That's the kind of tech that could take adoption to the next level.

In this landscape, ICX (ICON) is def worth keeping an eye on. They're all about creating this interconnected blockchain network that bridges various industries. Not gonna lie, their price chart ain't pretty rn, but that's kinda the point, isn't it?


Anyway, just some food for thought. What do y'all think about the current market? Any projects you're particularly bullish on despite the downturn?

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August 13, 2024, 04:34:58 PM
 #2

Yeah yeah buying at a lower price and selling at higher price is what brings about profit. However it's not a proper and wise decision to buy at every dip not all dips are opportunities to buy some are just a sign of market declination. Take pump and dump meme coins and altcoins for example , if one should buy such coin in it's dip period you are obviously making a wrong decision. Of course some dips like that may seem like an opportunity but it isn't.

You should be able to know the right coins to buy and of course avoid FOMO too. Take bitcoin for example I believe now should an opportunity to accumulate a more bitcoins before bitcoin eventually climbs up to a higher price.

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August 13, 2024, 04:51:26 PM
 #3

Buy low, sell high - it's been the golden rule of investing forever, right? And for good reason. Folks who've mastered this have made some serious bank over the years. Right now, the crypto market's looking pretty rough. But here's the thing - historically, these dips have often been where the real money's made. Smart investors see the potential and swoop in when others are panicking.

Speaking of potential, the blockchain space is constantly evolving. We're seeing more and more projects aiming to solve real-world problems and connect different industries. Imagine a world where different blockchains can actually talk to each other and share data seamlessly. That's the kind of tech that could take adoption to the next level.

In this landscape, ICX (ICON) is def worth keeping an eye on. They're all about creating this interconnected blockchain network that bridges various industries. Not gonna lie, their price chart ain't pretty rn, but that's kinda the point, isn't it?


Anyway, just some food for thought. What do y'all think about the current market? Any projects you're particularly bullish on despite the downturn?



I saw this famous phrase in one of the English newspapers long times ago that " Buy when everybody is selling in the stock market and sell when everybody is buying." I followed this advice in the stock market and now implementing in cryptocurrencies market. However, it is crucial to purchase only qulaity asset when they are available at very low price and avoid those digital assets which are not worth considering for investment.

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August 13, 2024, 04:54:45 PM
 #4


Anyway, just some food for thought. What do y'all think about the current market? Any projects you're particularly bullish on despite the downturn?


When it comes into this kind or type of question then this is something that wouldnt really be that totally be fixated or someone could be able to answer because this market is always been that unpredictable. You cant really be able to tell on which project would really be jumping and which one wouldnt really be making any movement at all. This is why when it comes to choosing then it would really be something that will really be everything will be depending on it on which it would really be understandable that if there would really be having those downturns then it would be a common approach
that you should really be that having that kind of buyback. Buy low Sell high might really that sounds too basic but on the moment that you would really be trying out but on the moment that you
are on such condition then you would really be freaking out on what you should gonna do.  Grin

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August 13, 2024, 06:06:00 PM
 #5

Firstly reading the first paragraph it was such a nice thing but from the second paragraph I can't believe you are just shilling for a project. but any ways their is special coin that I would be targeting for now but I have a list or coins that I will probably gamble with if I have the capital to risk.

Of course the market strategy has always been buy low and sell high which I don't think can be stopped in the life time because that is the start of profit making. in our everyday business it's the goal to make profit that keeps us moving forward hence we buy cheap and sell high. Apparently I haven't seen anyone in my life thing that is in the business to buy high and sell low and I don't think there will ever be.
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August 13, 2024, 08:44:20 PM
 #6

This situation often happens in crypto for people who always pay attention to the price chart, then they will not be tempted to shop when Bitcoin gets its ATH and instead they will wait for a very deep Bitcoin correction and when that happens then all altcoins will also experience a very fantastic price drop because of the panic of many investors, then that's the right time to start shopping at a low price for the short term because most likely the price of Bitcoin will also increase again until the chart will stabilize for several months.

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Stable090
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August 13, 2024, 09:24:24 PM
 #7

Buy low, sell high - it's been the golden rule of investing forever, right? And for good reason. Folks who've mastered this have made some serious bank over the years. Right now, the crypto market's looking pretty rough. But here's the thing - historically, these dips have often been where the real money's made. Smart investors see the potential and swoop in when others are panicking.
Now that the market is down, it is just the right time to keep on accumulating. We are not supposed to be scared of the recent dip in the market, the only people who should be scared are those who invest in shitcoins, which they know might not be able to rise again after the dip. But if you invest in bitcoin and some strong altcoins, then we should expect everything to bounce back soon, so we shouldn’t panic. When investing, we should be very careful. Don’t invest in shitcoins or meme coins. Even when investing in strong altcoins, we have to be very careful. The best investment is just bitcoin investment.

Anyway, just some food for thought. What do y'all think about the current market? Any projects you're particularly bullish on despite the downturn?
I invested most of my money in bitcoin, and even with the current dip in the market, I am still in profit because I invested in bitcoin some time ago, so I am still in good profits, and whenever I have any amount that I won’t be using soon, I will use it to accumulate more bitcoin.

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2Pizza410000BTC
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August 13, 2024, 09:25:23 PM
Last edit: August 13, 2024, 10:06:25 PM by 2Pizza410000BTC
 #8

Buy low, sell high - it's been the golden rule of investing forever, right? And for good reason. Folks who've mastered this have made some serious bank over the years. Right now, the crypto market's looking pretty rough. But here's the thing - historically, these dips have often been where the real money's made. Smart investors see the potential and swoop in when others are panicking.
Buying low and selling high is a golden opportunity for you to invest but I have a bit of a dilemma because in investing you have to set a specific time frame and create a specific target to sell when you hit that target.  Here you said buy dip and sell high it is basically a trading process you can buy low and sell high you can take as much profit as you want.  Those who were not overly greedy must have managed to build banks and keep money there.  As easy as it is to make money from cryptocurrency, it is also easy to lose money.  Yes the market looks very rough right now.
Anyway, just some food for thought. What do y'all think about the current market? Any projects you're particularly bullish on despite the downturn?
What I would comment about the current market is that the market is full of volatility right now.  It appears that the market is increasing and decreasing. But in this downturn I could not create bulls from any coin. Because I bought some other coins including Ethereum due to which I could not buy any coins in time and make bullies due to lack of enough USDT. But all the coin I bought and invested I still have a good profit but I am not selling because the market will start bullish very soon maybe if I sell now I will miss the time when the bulls start.

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Bournesparks
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August 13, 2024, 11:20:38 PM
 #9

Buy low, sell high - it's been the golden rule of investing forever, right? And for good reason. Folks who've mastered this have made some serious bank over the years. Right now, the crypto market's looking pretty rough. But here's the thing - historically, these dips have often been where the real money's made. Smart investors see the potential and swoop in when others are panicking.
Buying low and selling high is a golden opportunity for you to invest but I have a bit of a dilemma because in investing you have to set a specific time frame and create a specific target to sell when you hit that target.  Here you said buy dip and sell high it is basically a trading process you can buy low and sell high you can take as much profit as you want.  Those who were not overly greedy must have managed to build banks and keep money there.  As easy as it is to make money from cryptocurrency, it is also easy to lose money.  Yes the market looks very rough right now.
Anyway, just some food for thought. What do y'all think about the current market? Any projects you're particularly bullish on despite the downturn?
What I would comment about the current market is that the market is full of volatility right now.  It appears that the market is increasing and decreasing. But in this downturn I could not create bulls from any coin. Because I bought some other coins including Ethereum due to which I could not buy any coins in time and make bullies due to lack of enough USDT. But all the coin I bought and invested I still have a good profit but I am not selling because the market will start bullish very soon maybe if I sell now I will miss the time when the bulls start.

The only way you can keep up and make profits in the crypto space is buying low and selling high.. master the act and you'll be profitable. Op mentioned ICX, has ICO in 2017, price trend tanked. But the recent happenings in their ecosystem suggest a bullish run is on the horizon..

There might be similar alts out there also

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August 14, 2024, 03:24:38 AM
Last edit: August 14, 2024, 05:52:47 AM by Sayeds56
 #10


The only way you can keep up and make profits in the crypto space is buying low and selling high.. master the act and you'll be profitable. Op mentioned ICX, has ICO in 2017, price trend tanked. But the recent happenings in their ecosystem suggest a bullish run is on the horizon..

There might be similar alts out there also


It is true that learning trading skills including ability to use technical Indicators is important to identify buying or selling signals is crucial to make earning in crypto landscape. Thanks for sharing buying signal of ICX token which is available at an attractive price of $0.13. It made all time high of more than $10 in Year-2022, Hope it will replicate its previous performance and reward its investors with substantial profit. It is prudent strategy to buy low and sell high but invest in only viable tokens.  DYOR

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August 14, 2024, 04:36:22 AM
 #11

buy low and sell high is definitely the way but there are many people that are too scared shitless when catching the bottom so you know that it sometime won't work out with most of people that doesn't have diamond hand.

only be sure that you can hold for a long time and not needing the money for something before you try to catch the bottom, because otherwise you will probably fall into the scenario where you gonna be forced to sell at lower price because there's something you need to fulfil though, so the fact that you're already established financially or not to endure the worst day in the market also matters a lot.

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August 14, 2024, 06:02:11 AM
 #12

For now, the crypto market is currently on a giveaway, and any investor who has money to benefit from the dip in the crypto market should seize the opportunity before bitcoin starts increasing again. But they should be careful while navigating the crypto market. Now, not all tokens in the crypto market can bounce back; a lot of them will rug-pull, and some can't survive this dip because there are no solid ideas behind them. I am only bullish on bitcoin and can easily recommend it to someone to buy and hold it for the long term because bitcoin has been around for a long time.

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August 14, 2024, 11:19:45 PM
 #13

For now, the crypto market is currently on a giveaway, and any investor who has money to benefit from the dip in the crypto market should seize the opportunity before bitcoin starts increasing again. But they should be careful while navigating the crypto market. Now, not all tokens in the crypto market can bounce back; a lot of them will rug-pull, and some can't survive this dip because there are no solid ideas behind them. I am only bullish on bitcoin and can easily recommend it to someone to buy and hold it for the long term because bitcoin has been around for a long time.
The market always presents good opportunities for investors/trader who can spot it to get in and make profits but I wouldn’t call it a “giveaway” lol. That would suggest that profits are guaranteed. You can never be 100percent certain that the dip you’re buying isn’t going to break the support zone and dip even more. New investors who are looking to invest in crypto should start building their portfolio with bitcoin. Once they are able to develop their understanding of how the market works then they can venture into altcoins.

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August 15, 2024, 03:25:21 AM
 #14

For now, the crypto market is currently on a giveaway, and any investor who has money to benefit from the dip in the crypto market should seize the opportunity before bitcoin starts increasing again. But they should be careful while navigating the crypto market. Now, not all tokens in the crypto market can bounce back; a lot of them will rug-pull, and some can't survive this dip because there are no solid ideas behind them. I am only bullish on bitcoin and can easily recommend it to someone to buy and hold it for the long term because bitcoin has been around for a long time.

just invest in solana or ethereum if you decide to invest in altcoin and everything will be easier, no rugpull, no sudden dump by dev, just a dip that you can buy to get better position for your investment in the market and get the head start.

the current market right now seems to be favouring bitcoin, apparently bitcoin dominance has been increasing ever since while altcoin is dumping in term of dominance, therefore investing in smaller altcoin with low chance of recovery isn't really the brightest idea, i'd invest in the best of the best altcoin if i were to put money into altcoin in the time of turbulence like this just for the sake of safety and risk management.

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August 15, 2024, 08:03:30 AM
 #15

For now, the crypto market is currently on a giveaway, and any investor who has money to benefit from the dip in the crypto market should seize the opportunity before bitcoin starts increasing again. But they should be careful while navigating the crypto market. Now, not all tokens in the crypto market can bounce back; a lot of them will rug-pull, and some can't survive this dip because there are no solid ideas behind them. I am only bullish on bitcoin and can easily recommend it to someone to buy and hold it for the long term because bitcoin has been around for a long time.

for now crypto assets are viewed positively despite the pressure, that in the main things that affect prices including regulatory developments, what happens when declines and increases in economic factors such as inflation and interest rates affect it, positive regulatory clarity can increase investor confidence, while negative news heard so far can depress existing prices, in this case the market always has opportunities to invest in it, from the many choices of crypto assets, bitcoin, among the most closely watched.

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August 15, 2024, 08:25:23 AM
 #16

You buy the dips and the dips go even lower, till you run out of money and all you have left is to stare at the market condition, the dips is where money can be made but make sure you know how market works.

For example, stochastic RSI on monthly can never deceive you, some even use the 2 months stochastic RSI, they buy when the chart is at its lowest, this info I dropped just now is the bomb, it's left for you to know how to set it up and start using.

Also risk only what you can afford to lose, make sure you have source of income and keep living your life to the fullest even when you aren't rich yet.
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August 17, 2024, 07:54:52 PM
 #17


The only way you can keep up and make profits in the crypto space is buying low and selling high.. master the act and you'll be profitable. Op mentioned ICX, has ICO in 2017, price trend tanked. But the recent happenings in their ecosystem suggest a bullish run is on the horizon..

There might be similar alts out there also


It is true that learning trading skills including ability to use technical Indicators is important to identify buying or selling signals is crucial to make earning in crypto landscape. Thanks for sharing buying signal of ICX token which is available at an attractive price of $0.13. It made all time high of more than $10 in Year-2022, Hope it will replicate its previous performance and reward its investors with substantial profit. It is prudent strategy to buy low and sell high but invest in only viable tokens.  DYOR

Nothing beats technical analysis. I'm an smc trader and it's been a good ride.. you're welcome.. after seeing it on Bitget, I did a little digging and I found something interesting on ICX. the team have implemented an active burn mechanism on this token. This could mean a bullish signal imo
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August 17, 2024, 08:09:58 PM
 #18

You buy the dips and the dips go even lower, till you run out of money and all you have left is to stare at the market condition, the dips is where money can be made but make sure you know how market works.

For example, stochastic RSI on monthly can never deceive you, some even use the 2 months stochastic RSI, they buy when the chart is at its lowest, this info I dropped just now is the bomb, it's left for you to know how to set it up and start using.

Also risk only what you can afford to lose, make sure you have source of income and keep living your life to the fullest even when you aren't rich yet.

Interesting. Thanks for the little plan what to try to learn in the meantime! Grin The last paragraph with a tip on the money spent on any investment, really - it's a simple truth, yet it should be noted nonetheless.

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