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Topic: Are you taking advantage of this red market? (Read 722 times)

sr. member
Activity: 2618
Merit: 439
it is just that we often recommend new investors to be more conservative with the assets they pick, as they have the tendency to pick very risky coins, and when things do not go their way they make several mistakes that destroy their accounts.
Due to lack of experience, most beginners tend to start panicking when they encounter losses. But in my opinion that’s just part of investing and sometimes we can’t really do everything to avoid all mistakes. If things were to go that way, the only solution would be to try and save as much as you can and reevaluate your investment strategies.

full member
Activity: 448
Merit: 130
When everyone invests, you also invest with the hope of profit. When the market turns red, everyone is waiting for opportunities. when the market is red, there are disadvantages and disadvantages. I think you have to select coins in the red market. If the price of the coin is very cheap, you should not invest in a meme coin that does not return from red market. In red market only I should prefer to invest in top alt coins as it has been noticed that top alt coins tend to rise slowly, when the price goes down further it also goes down slowly.
member
Activity: 210
Merit: 36
Actually I think the answer is yes" I'm taking advantage of the red market,I think this is the right time to buy coins in the market because the price will be very cheap now that the market is red. Though I don't know about others because most people only buy when the value is high they don't always buy when the market is declined, sometimes buying coin when the value is high can be risky, because you don't know if the coin still have the potential to increase even more but buying when the market is red is very good so that when it comes back to it's actual value then you can sell and take profit.
full member
Activity: 1442
Merit: 108
This kind of thing is normal due to crypto market conditions
It is indeed very easy to change, especially regarding the ETF issue. There are many issues that can influence crypto market conditions, for example exchange hacks or regulations, but so far the ETF issue is the most influential. we don't need to worry about this problem because when the market is bearish it is a good moment to buy and when the market is bullish it is the moment to sell.
hero member
Activity: 700
Merit: 577
Hire Bitcointalk Camp. Manager @ r7promotions.com
I disagree with the news that it is because of the Hong Kong ETF approval but it is a normal correctional process tht is going on after now the market will bounce back again so if anyone is interested to invest then you should do now that the market is still.on red. And yes we all know that altcoins are control by the price of bitcoin and whenever direction bitcoin follow they follow as well. We are not on the dip which you are talking about but in a correctional stage of the market.

Oh yes this is one of the best time to load our portfolio with bitcoin and not Ethereum. Because Ethereum fee is still high.
full member
Activity: 126
Merit: 93
Well recently the market is in a bad mood. and I'm sure many of us are wondering why.  While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.

As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.

I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.

Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.

     I agree that it is a really good opportunity to buy now that we have been in the red market for awhile, but not for bitcoin and Ethereum, but for other top altcoins. Maybe at this point in what I'm doing, I'm just being smart in my own little way, and besides those cryptos that are on top, I'm choosing to hold for the long term.

     and I don't see anything wrong so far in what I'm doing now, because I can see the flow result of what I started here last year. And there is a profit if I sell them all, but this is not the right time because, as others say, there should be a price target.
The decision to hold the currency for the long term is undoubtedly very good especially to buy during red signals. The downward trend in leading currencies has caused panic among many investors because of lack of confidence. But he had to buy more and continue holding the priority. Being able to buy at bullish times and hold for long periods can protect timely profits and even margins.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Well recently the market is in a bad mood. and I'm sure many of us are wondering why.  While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.

As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.

I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.

Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.

     I agree that it is a really good opportunity to buy now that we have been in the red market for awhile, but not for bitcoin and Ethereum, but for other top altcoins. Maybe at this point in what I'm doing, I'm just being smart in my own little way, and besides those cryptos that are on top, I'm choosing to hold for the long term.

     and I don't see anything wrong so far in what I'm doing now, because I can see the flow result of what I started here last year. And there is a profit if I sell them all, but this is not the right time because, as others say, there should be a price target.
As long as what you are doing works for you, then you can do whatever you want with your investments, it is just that we often recommend new investors to be more conservative with the assets they pick, as they have the tendency to pick very risky coins, and when things do not go their way they make several mistakes that destroy their accounts.

This is so common that a great deal of the time we can tell if an investor will succeed or not just by knowing the kind of coins they have chosen, something those newbies investors cannot believe, but that they corroborate months later when their results match out our expectations.
member
Activity: 560
Merit: 17
Eloncoin.org - Mars, here we come!
Well recently the market is in a bad mood. and I'm sure many of us are wondering why.  While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.

As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.

I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.

Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.

     I agree that it is a really good opportunity to buy now that we have been in the red market for awhile, but not for bitcoin and Ethereum, but for other top altcoins. Maybe at this point in what I'm doing, I'm just being smart in my own little way, and besides those cryptos that are on top, I'm choosing to hold for the long term.

     and I don't see anything wrong so far in what I'm doing now, because I can see the flow result of what I started here last year. And there is a profit if I sell them all, but this is not the right time because, as others say, there should be a price target.
full member
Activity: 308
Merit: 142
Well recently the market is in a bad mood. and I'm sure many of us are wondering why.  While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.

As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.

I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.

Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.

The market is not stable yet and you will need some long-term planning if you really want to make good profits. You may take a look at how BTC has behaved in the past after it first hit the 67k ATH and dangled for a while below it before breaking it again. I'm not saying that what must keep happening, but while you have your plans on ground, you should have some backups, that's how the OGs do it, so you may proceed with your event spree to you can earn or even look into those BTC farming programs exchanges like Bitget for example that do it often, I've done one before and I got some picks, so plan yourself well and be prepared for the rainy days.
It is not stable, which doesn't mean you should not buy at all. In as much as one is investing in Bitcoin it is also good to diversify and i guess that is what you mean here. Of course, it is not advisable to put all your eggs in one basket but if one has a good amount of Bitcoin it doesn't mean anything that he is doing the wrong thing. If i were filthy rich ill invest only in Bitcoin. Ill make sure i have about three different investment goals, and each of them i will be allocating weekly.
full member
Activity: 448
Merit: 130
Actually I think this is the right time to invest in bitcoin now that the value has reduced to this amount, I think the market is somehow cheap compared to when the value was very high. However I guess most people was very scared to invest in bitcoin when the value was very high , this is our opportunity to buy and hold for Long term investment. the question is that are we utilizing this opportunity? Although the market is really bad this time for me I'm not ready to buy not until I sell the once I'm holding.
The price hasn't dropped much, with Bitcoin hovering between $65k to $60k. Not long ago, it was down to $57k. It's just hard to say when Bitcoin's run will start, is going to start now, or could go down from now. Those who are waiting for the price of Bitcoin to fall further are basically afraid to buy Bitcoin at the current price. I think the current opportunity is a good opportunity if you are investing in weekly month contracts for long term bitcoin investment. As we have seen the top alt coins involved in the bitcoin price drop, if you want to take an extra chance from the top alt coins then it is a good investment decision for the long term as well.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Despite the risk of investing in the crypto market, some altcoins have maintained their reputation and continued to attract investment in the market. You may reconsider buying other altcoins during bitcoin dips because you know why take the high risk? There is no other cryptocurrency in the crypto market that is equal or close to Bitcoin. So I would say do more research on investment and decide your choice.
the altcoins are indeed quite often dipping and its quite sharp as well taking advantage of the price dips is giving us many advantages and benefits, i remember last price correction certain coin decreased in price by half of its initial value that must be a really good investment knowing that right now most of altcoin have been getting back again in their previous value.
the thing with altcoin, volatility is so great its suitable for short term investment but never long term because you just don't know when these altcoin gonna lost its market cap I mean that's just how it is with speculation you will never know the reward that you might get but it does make sense to invest into a coin that dips quite significantly and later recovered back and it has been doing the same thing over and over again across the various price swings.

personally coin like manta is good to invest but the unlocks of the vested coin is what i'm worried when investing into these new coins,
the team could very well reserve tons of coins for themselves and ready to empty their bag at every chance whenever their coin is unlocked.
full member
Activity: 126
Merit: 93
After the Bitcoin halving the price will fall in a few months but tends to stabilize. Usually this period is a good time to accumulate bitcoin or altcoins. You can invest in projects on your watchlist. Currently several projects that I think are promising, such as Manta, Hbar and Ondo, are in a bearish position. But I don't know how deep this bear trap is. Keep doing independent research.
Despite the risk of investing in the crypto market, some altcoins have maintained their reputation and continued to attract investment in the market. You may reconsider buying other altcoins during bitcoin dips because you know why take the high risk? There is no other cryptocurrency in the crypto market that is equal or close to Bitcoin. So I would say do more research on investment and decide your choice.
legendary
Activity: 1890
Merit: 1537
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
Altcoins have witnessed significant declines in the previous periods, as there were some tokens that reached -30% in a single day, coinciding with the decline in the price of Bitcoin and many other reasons. It is worth noting that these declines that occur in the market are healthy corrections and represent a good and suitable opportunity to enter. It is not uncommon for investors to enter when the price is rising and in the bullish market. There are many solid alternative coins whose prices were heavily discounted alongside Bitcoin and Ethereum. Personally, I prefer to take advantage of any dip and rely on technical analysis, chart monitoring, and staying informed about current news to make informed decisions.

I don't particularly appreciate focusing on just one or two coins; instead, I prefer diversifying among several attractive altcoins and allocating my USDT capital based on the strength of each coin. Stablecoins play an important role during the red market to bolster your holdings for sure.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
After the Bitcoin halving the price will fall in a few months but tends to stabilize. Usually this period is a good time to accumulate bitcoin or altcoins. You can invest in projects on your watchlist. Currently several projects that I think are promising, such as Manta, Hbar and Ondo, are in a bearish position. But I don't know how deep this bear trap is. Keep doing independent research.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
I certainly took advantage of the last all. I knew for certain that this was a bear trap, not sure how low it could have gone but I knew for certain the recovery would be quick.
If you are holding again, this is actually a really good time to increase your Bitcoin accumulation. because the price is still at a pretty good figure. Indeed, the price of BTC dropped even further to $56k. and this was really painful, especially for the short term holders at that time, but when we saw how the market then moved up quite significantly, then we believed that Bitcoin would continue to improve. It's just that the precisely won't slip out of the bear trap. So, stay on your own track, continue doing accumulation, it's quite good and worth it for preparing for the bull run later. I am also doing so, but not really much based on my affordability.
member
Activity: 210
Merit: 36
Actually I think this is the right time to invest in bitcoin now that the value has reduced to this amount, I think the market is somehow cheap compared to when the value was very high. However I guess most people was very scared to invest in bitcoin when the value was very high , this is our opportunity to buy and hold for Long term investment. the question is that are we utilizing this opportunity? Although the market is really bad this time for me I'm not ready to buy not until I sell the once I'm holding.
sr. member
Activity: 308
Merit: 256
Well recently the market is in a bad mood. and I'm sure many of us are wondering why.  While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.

As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.

I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.

Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.

The market is full of so much uncertainty, even buying the dip might not be possible for some reasons and for some people many may not have make plans ahead of buying the dip financial while many may also panic about trying to time the market for more dip which may or may not come thereby causing missing of buying opportunities and there are also those who only make purchases only if the market seens to be in a bull run.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
There is no good investor that has the money to buy this current dip that won't take any advantage of it. The way I see it I believe the dip just got started. Actually, I was expecting bitcoin to drop to 45k when the halving started but it didn't. It took a week before we started seing this low price of bitcoin.


That's right since a bitcoin bull doesn't even happen after the bitcoin halving, it is expected to go up after a dip like this and so for the altcoins price as well. Investors are not the same when it comes to this scenario I think those who expect to see a bull run this year will panic and might sell their crypto at a lower price but those who know the game and have been here for a long time, knows that these kinds of situations are temporary, so to keep holding your bitcoins and other altcoins is a wise thing to do, you just need a sufficient amount of patience because negative news will follow such kinds of scenario in the crypto industry.
It is even possible we could see a bigger correction than what we have seen already, in which case we need to have some cash lying around ready to be used to take advantage of such downward movements.

However this can be difficult for some investors, as it is entirely possible they had invested already all the money they had, in which case the only thing they can do now is to wait for the market to slowly improve, so they can finally see the bull run we are all expecting.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
well, I think traders will try to profit from the current market conditions. Personally, I am currently analyzing several coins that I might buy to hold for the long term. However, the potential for price increases is still very possible. So, it is quite good to have some assets on coins that have the potential to have a high price.
hero member
Activity: 2268
Merit: 588
You own the pen
There is no good investor that has the money to buy this current dip that won't take any advantage of it. The way I see it I believe the dip just got started. Actually, I was expecting bitcoin to drop to 45k when the halving started but it didn't. It took a week before we started seing this low price of bitcoin.


That's right since a bitcoin bull doesn't even happen after the bitcoin halving, it is expected to go up after a dip like this and so for the altcoins price as well. Investors are not the same when it comes to this scenario I think those who expect to see a bull run this year will panic and might sell their crypto at a lower price but those who know the game and have been here for a long time, knows that these kinds of situations are temporary, so to keep holding your bitcoins and other altcoins is a wise thing to do, you just need a sufficient amount of patience because negative news will follow such kinds of scenario in the crypto industry.
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