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Topic: Are you buying the dip? - page 6. (Read 930 times)

sr. member
Activity: 1190
Merit: 251
May 19, 2022, 04:40:41 AM
#62
We've just had a bad day in the markets, honestly I don't dare open my portfolio to see them I had to ignore them these days. Although I know bear season has come and will surely pass, these past few days I have also been a bit worried. Although I dared not look at my portfolio and when bitcoin dropped to 30k I bought myself some more bitcoin and bnb. Luna shocked the whole market and I dared not buy any altcoin, other than my choice of ETH and BNB, I ended up choosing BNB.
The market is really chaotic for now, many people are not eager to enter the market, Bitcoin, Ethereum and BNB are also in a quite severe corrected condition, recently Luna provides a satisfactory return, but is unable to last long in the market, But in the current conditions, Bitcoin, Ethereum and BNB can still be purchased, because when the market has recovered, the three coins have the potential to strengthen at high prices, so it's better to be patient until the recovery break arrives in the future
legendary
Activity: 2660
Merit: 1074
May 19, 2022, 03:23:07 AM
#61
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 always do that. but i only buy bitcoins. like yesterday when bitcoin touched 25,000, i bought a lot. and now I've got a pretty big profit. but I have never tried buying dip for altcoins because it is very risky. I don't know where the lower low is for the altcoins because when I thought it was bottoming but in reality the price dropped even lower. That's why I only focus on bitcoin.
That is not a bad idea. I do bitcoin, ethereum, bnb and those three are the only ones I have majority of my money. I like to throw in 10 to 50 bucks to some lower level projects as well, if it is in the top 200 then I may consider as much as 50 dollars, but usually when it is silly and like 3435th coin type of very low level then I just throw in the 10-20 bucks I have in the metamask, and just hope that it will do well.

But that is like just 10-15% of my whole investment. Rest goes to just the three big names and I believe that they will not go down too much. This is how I hope that I will get better because I know that even though they are volatile, they will be great investments in the long term.
sr. member
Activity: 994
Merit: 441
May 18, 2022, 02:27:49 PM
#60
Many hoped that if the market dumped a lot they would invest.Those who were waiting for market dumping, now that the market has been dumped, you can invest if you want.However, for those who want to make a long-term investment, invest in the market right now. The market may go up at any time.Many analysts say that the market will rise at any time and one day Bitcoin will be at $100K.I bought some coins in the deep market according to my ability.
legendary
Activity: 1960
Merit: 1026
May 18, 2022, 02:20:37 PM
#59
stop trade could be good strategy to save our money, take a risk with amount number we could not accept wil make our psychology disturb and could not thing clearly while market crash on more time. enough with our asset now and dont trapped in fomo or we will getting rekt again. hold our rest asset and use our money into other needs, don't put it into one place.

Yup, exactly my thoughts when I have realized that I cannot go on along without somehow a concrete basis that I won’t lose to the attempts. So, I decided to just stop buying, hold, and wait for the moment where market is getting good and start rising up again. It is always good for me to take a pause and see what was going on in the moment.
jr. member
Activity: 154
Merit: 1
May 18, 2022, 12:57:08 PM
#58

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!

The opportunity to get rewards in BUSD will attract more users to the projects and wil allow to unite the community,
But a lot depends on the project itself and what useful tools it offeres.
MiF
sr. member
Activity: 1400
Merit: 258
SecureShift.io | Crypto-Exchange
May 17, 2022, 01:33:54 PM
#57
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.
copper member
Activity: 99
Merit: 3
Instant & Cross Chain Crypto Swaps
May 17, 2022, 01:06:42 PM
#56
I like to call these times firesales! Because if you beleive in crypto then it will go back up like all markets do eventually. When is the question. Lot of world views and politics happening, inflation, war ect. The stock market is having big corrections as well. With that said I like to stick to the major top coins that are say BNB, Matic, Eth, XRP. Even SOL is a great buy a lot more NFT projects are being built with SOL now due to lower transaction and gas fees as well. SOL has a lot of room for growth. XRP as it is low and i believe will bounce back heavily when they finally beat and or settle the SEC case.

For some more fun and risky ones id say APE coin as yuga labs is a true power house in the nft world now. Anything they touch or do turns to gold.

LOOKs coin from the Looksrare nft marketplace. Super awesome nft market giving opensea a rival. Also you can stake looks and compound APR for a pretty high % making it even more if a tastier investment!

Ultimate sleeper coins that are overlooked and have solid team and have been making improvements and crushing their business plans are PHB and HZN. HZN is a defi exchange with liquid assets like tesla, google ect. Even gold. So you can purchase these assets through crypto on the horizon platform. You can also stake HZN for great APR as well. Same with PHB which is the data oracle operating for HZN but also has onboarded some bigger asian companies you can read about on their medium.

Another smaller startup and great investment is Hydra protocol and the travel website built off of hydra LOCKTRIP. Awesome projects and super low buy in right now.

Hope those were some good recommendations. An as always this isnt financial advice and inherits risk. Do your own research folks.
sr. member
Activity: 2128
Merit: 259
SOL.BIOKRIPT.COM
May 17, 2022, 01:02:46 PM
#55
personally, when the dip occurs, I convert 50% of the assets I own into BNB. probably a lot of other people are targeting BItcoin, or ethereum, and that's not wrong, in fact it's a pretty much recommended option when the dump happens. however, I also bought some LUNA coins, but not many. It's like an investment where when it's not worth it, it doesn't affect my life.
however, for a dump type like a few days ago, popular coin options are the best. however, I think that it's an opportunity to make more of my BNB assets.
I'm sure many investors will allocate the smallest to buy Luna because they don't want to lose the moment if Luna gets something magical to return at least $10 or as low as $1 then it will add to the list of the richest people, but if otherwise then you must be prepared to lose funds from Luna investment.
Yeah, many people’s didn’t want to miss this opportunity but big amount is pretty risky, even i invested  some amount of money whoch i can afford. But i think you don’t expect LUNA will hit 1$-10$ if miracle thing happen but LUNA circulating supply is too much, it will never hit even 1$ with this 7k billions of LUNA.
sr. member
Activity: 882
Merit: 326
May 17, 2022, 12:00:44 PM
#54
I personally buying BTC as a main investment. For altcoins I bought BNB, ETH, BCH, LTC, XRP for the time being, with the largest portion of BNB. My reason for taking the coin is because in my opinion it is a blue chip coin and most importantly BNB and ETH are also the most widely used and mainstream networks among crypto, other coins such as BCH, LTC and XRP have large adoption and a strong community and big. BTC is definitely the strongest coin in crypto that we must have as a long term investment.
sr. member
Activity: 1274
Merit: 264
May 17, 2022, 11:57:34 AM
#53
I was applied for a loan to fund my plan, and it was approved and successfully bought two coins it was Matic and Solana. and I hope it will work and able to multiply my investment.    

That's a great idea to make an investment and it could multiply in the future but the problem is the duration of the loan and if you will earn within a month. But, since it's crypto there is a miracle you will most likely earn by 50 - 100% since you have bought on the dip.

There are some altcoins that are really worth buying on the dip, but some are not depending on the updated news of their developers like LUNA which the value might not go up since it will have a version two and it's risky and it is only worth to gamble if you think that it will go pump and that's the best time to take profit.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
May 17, 2022, 11:49:29 AM
#52
I personally decided to stop buying during this time. Right now is too risky for me, I am not sure if the coins. I’m eyeing for will surpass the bearish season and be able to give me profits. Even the coins and projects that I have though to have potential to be successful have crashed, so I think I would pass on buying the dips for now. I’ll just stick with what I have now and continue to observe and analyze the market movements.
stop trade could be good strategy to save our money, take a risk with amount number we could not accept wil make our psychology disturb and could not thing clearly while market crash on more time. enough with our asset now and dont trapped in fomo or we will getting rekt again. hold our rest asset and use our money into other needs, don't put it into one place.
sr. member
Activity: 1246
Merit: 250
May 17, 2022, 11:35:46 AM
#51
each investors will have their own choice to convert their assets into certain coins which is depend on coins fundamental. Binance coin was good coin which as layer 1 blockchain we its rare to hear this network stuck. BNb demand on bsc ecosystem also high due high daily transaction in bsc network. i am believe it will correct decision for long term investment,
I found almost no problems with the BSC network so the best solution to add BNB to your investment, I would also choose BNB as an alternative to the high price of ETH which also has higher transaction fees so many people have switched to the BSC network.
copper member
Activity: 29
Merit: 0
May 17, 2022, 11:22:35 AM
#50
personally, when the dip occurs, I convert 50% of the assets I own into BNB. probably a lot of other people are targeting BItcoin, or ethereum, and that's not wrong, in fact it's a pretty much recommended option when the dump happens. however, I also bought some LUNA coins, but not many. It's like an investment where when it's not worth it, it doesn't affect my life.
however, for a dump type like a few days ago, popular coin options are the best. however, I think that it's an opportunity to make more of my BNB assets.

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!
full member
Activity: 548
Merit: 167
Play Bitcoin PVP Prediction Game
May 17, 2022, 11:16:51 AM
#49
personally, when the dip occurs, I convert 50% of the assets I own into BNB. probably a lot of other people are targeting BItcoin, or ethereum, and that's not wrong, in fact it's a pretty much recommended option when the dump happens. however, I also bought some LUNA coins, but not many. It's like an investment where when it's not worth it, it doesn't affect my life.
however, for a dump type like a few days ago, popular coin options are the best. however, I think that it's an opportunity to make more of my BNB assets.
each investors will have their own choice to convert their assets into certain coins which is depend on coins fundamental. Binance coin was good coin which as layer 1 blockchain we its rare to hear this network stuck. BNb demand on bsc ecosystem also high due high daily transaction in bsc network. i am believe it will correct decision for long term investment,
full member
Activity: 1820
Merit: 107
May 17, 2022, 10:54:15 AM
#48
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 buddy you are right? and I think many crypto enthusiasts/investors have taken advantage of the recent dip to acquire more potential coins in the market including me, in fact, I was applied for a loan to fund my plan, and it was approved and successfully bought two coins it was Matic and Solana. and I hope it will work and able to multiply my investment.    
newbie
Activity: 105
Merit: 0
May 17, 2022, 10:44:43 AM
#47
I would rather not attempt. perhaps you and most think this time has the plunge. be that as it may, for me it checks out to purchase when the pattern has truly changed. it could seem like FOMO, yet it's superior to something like Luna crashing again and again. purchased during the plunge, yet the cost didn't quit falling..
Presently we are in a sideways market and the majority of the cases in bear an area, so purchasing ought to be done cautiously and furthermore research precisely.
What's more, assuming you know crypto has great essentials, likewise on the off chance that you intend to go long haul and purchase plunges in the right crypto, then everything is good to go for however long you are predictable.
hero member
Activity: 2156
Merit: 531
May 17, 2022, 10:39:51 AM
#46
Sometimes I do, as you say. Bitcoin is predicted to hit 100K and that will send the entire market on the rise, buying Dip in some Altcoins in hopes it will come back. While we don't know their lowest price point, but buying at the right time will get profits even although I have to wait a few months. But right now I haven't buy on any Altcoins, not yet I'm interested in either.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
May 17, 2022, 10:32:05 AM
#45
personally, when the dip occurs, I convert 50% of the assets I own into BNB. probably a lot of other people are targeting BItcoin, or ethereum, and that's not wrong, in fact it's a pretty much recommended option when the dump happens. however, I also bought some LUNA coins, but not many. It's like an investment where when it's not worth it, it doesn't affect my life.
however, for a dump type like a few days ago, popular coin options are the best. however, I think that it's an opportunity to make more of my BNB assets.
I'm sure many investors will allocate the smallest to buy Luna because they don't want to lose the moment if Luna gets something magical to return at least $10 or as low as $1 then it will add to the list of the richest people, but if otherwise then you must be prepared to lose funds from Luna investment.

So risky to put some huge amount on Luna because we don't know on what future could being with it and also the dev doesn't have any solid plan on what action they will do on to recover on this current disaster happen to their coin and best to allocate only the small fraction which we.can afford to lose since if Luna will totally fail we will never be hurt since the one we put is small amount only which we can afford to let go.
Not interested with Luna coin although how drastically drop after checking coin supply always added every time, I don't believe with developer can't keep their coin on higher price and actually the owner make Luna coin crash. But what happen after Luna price crash and developer try to make new Luna coin version and leaving with Luna coin and with how much investor loss.
legendary
Activity: 1960
Merit: 1026
May 17, 2022, 09:49:26 AM
#44
I personally decided to stop buying during this time. Right now is too risky for me, I am not sure if the coins. I’m eyeing for will surpass the bearish season and be able to give me profits. Even the coins and projects that I have though to have potential to be successful have crashed, so I think I would pass on buying the dips for now. I’ll just stick with what I have now and continue to observe and analyze the market movements.
hero member
Activity: 2520
Merit: 783
May 17, 2022, 09:42:52 AM
#43
personally, when the dip occurs, I convert 50% of the assets I own into BNB. probably a lot of other people are targeting BItcoin, or ethereum, and that's not wrong, in fact it's a pretty much recommended option when the dump happens. however, I also bought some LUNA coins, but not many. It's like an investment where when it's not worth it, it doesn't affect my life.
however, for a dump type like a few days ago, popular coin options are the best. however, I think that it's an opportunity to make more of my BNB assets.
I'm sure many investors will allocate the smallest to buy Luna because they don't want to lose the moment if Luna gets something magical to return at least $10 or as low as $1 then it will add to the list of the richest people, but if otherwise then you must be prepared to lose funds from Luna investment.

So risky to put some huge amount on Luna because we don't know on what future could being with it and also the dev doesn't have any solid plan on what action they will do on to recover on this current disaster happen to their coin and best to allocate only the small fraction which we.can afford to lose since if Luna will totally fail we will never be hurt since the one we put is small amount only which we can afford to let go.
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