What is your take on buying weak coins when bitcoin price drops?

[Dunamisx]

Did you just hear yourself, buying of weak coins at the bitcoin market dip, the world weak signifies that such is regarded a shitcoin, which we should not waste our money to invest on such, because they hardly rise even at the bullrun season where bitcoin together with other coins are rising, while the moment they sighted a fall, they are more inclined to also fall massively than to rise.

[passwordnow]

will you advice other users to purchase weaker coins when the bitcoin price drops or buy the bitcoin itself?

At what cost? with the use of Bitcoin? that's not a good plan you've got there Boldfx. You're wasting your Bitcoin if that's what you'll use or even with lesser fiat. What you should do when the market drops a lot and the price of Bitcoin is noticeable dropped significantly is the latter of what you've said. And yes, that's to buy Bitcoin itself. Listen, I've learned that these weak altcoins won't do you good, specifically the unknown coins. If you see people showing what they've earned from these coins, they're just attracting everyone to become their exit liquidity. I have to go through so many losses before realizing it.

[HyperCodexV]

Since Bitcoin is said to be the costliest of all in the crypto market the fluctuation in its price affects other coins
this is to say when the bitcoin price drops, every other coin drops in their market price so drastically that will be noticed easily making them attractive to buy following the fall
this method will enable one to gain more coins than expected, following the records most of these coins have gone high in time past when the bitcoin price went up so buying more when the price falls seems to be a great trick on acquiring much more coin than expected, this is to say the fall enables us to use less fiat to acquire more coins
will you advice other users to purchase weaker coins when the bitcoin price drops or buy the bitcoin itself?

Sometimes when the price of BTC drops, some investor or big whales that hold some huge liquidity of some altcoins or meme coins use that opportunity to pull out their profits, and the price of such coin goes down stylishly and never to come back up. If they use the bearish trend of the market to take their profits, then it won't look like a scam to those interested in buying the coin.

So, not every coins is worth buying when the price drops.

[Dunamisx]

I know that some coins are already rising, even as Bitcoin falls. Still, we have to be more careful about such because they may fall massively at any time, also it is not about investing in a random coin or token, we must ensure that we are sure of their utility features and they can stand the rigour of market volatility especially when there is a bear market.

[Fredomago]

I wouldn't suggest any but instead I will ask them to study and learn things before taking their ride, the logic might be profitable if your timing is right and you able to project assets that may rise back together with Bitcoin, but suggesting or giving advise that's something you should avoid, better to deal things on your own from how you project things and how you expect the market will move, there's always a good opportunities but without proper knowledge it's risky and can lead you lose your money.

[o48o]

Since Bitcoin is said to be the costliest of all in the crypto market the fluctuation in its price affects other coins
this is to say when the bitcoin price drops, every other coin drops in their market price so drastically that will be noticed easily making them attractive to buy following the fall
this method will enable one to gain more coins than expected, following the records most of these coins have gone high in time past when the bitcoin price went up so buying more when the price falls seems to be a great trick on acquiring much more coin than expected, this is to say the fall enables us to use less fiat to acquire more coins
will you advice other users to purchase weaker coins when the bitcoin price drops or buy the bitcoin itself?

I am not buying when price drops in the start of the bear run, because it can still drop -%70 and another -%90 after that. I rather look for signs in the market when coins with similar level of market cap are getting signs of life again.

Also i would seriously never advice anyone (at least my fiends) buying "weaker" coins, or altcoins in general.

If i see something that i believe to have strong future, i still not "advice" buying it. At least not anymore and not my friends. If the person who asks my advice is a friend, i just say what i am seeing in charts, and what i am putting my money in and how much. I will however say that they should only expect to lose all their money.