Topic: Are you taking advantage of this red market? - page 2. (Read 722 times)

Every dip = opportunity. Always take note of that.
That market correction is another opportunity for us to accumulate even more coins in preparation for the bull run. It's not a "PERFECT" opportunity, but at least we have given an opportunity to buy at a lower price.

I'm pretty sure many took the opportunity to buy even more. I also took it. I have spare money at the time the market went down that's why I used that money to buy Bitcoin to increase my positions. This is another reason why I'm not following dollar-cost average or buying at a specific time because anytime, the market can go down. What I'm doing is that, yes I'm still buying Bitcoin at a monthly basis, but I'm waiting for the good opportunity to buy. I mean if I see the market went to a correction at the final week, my funds are always ready for me to buy some.

Newbies sees red market as a negative one while those old ones sees red market as an opportunity. Those newbies in the long run will learn as well. I also see red market as a bad one when I'm still starting, but over time, I learned that red market is an opportunity.

Many people's taking advantage of this red market because they're so many people's that have a plan to buy defference of coins, but since the price has been high all this time, they couldn't afford it. But since almost all of the altcoins are dumped now, they will take advantage and purchase any amount they wish so that when halving comes, they will not regret any more.

Especially for those who have an interest in purchasing bitcoin but, due to the DCA, they can't afford it, I think they will use this red market advantage and purchase according to their power. Now that the market is red, those who rushed to buy Bitcoin and some altcoin when it was in medium of high are now regretting how the market is going currently, but they should keep patience and also buy more coins for them to enjoy huge profits in the future.

I think this is a very good time to buy more Bitcoin, Ethereum as well as potential Altcoins for the next bull cycle. There will not be many large corrections like recently during the uptrend period. Therefore, if we are not decisive enough and always fear that the price will continue to go down, we will probably have to buy at a higher price or miss out on the upcoming growth wave.

People often rush to buy when the market is exciting and prices increase, but are afraid and hesitant when the market adjusts strongly. This is a common psychology of many newbies and causes them to always buy at the top and lose money. Investing is a long process that requires patience and determination, the same in this market. If we don't have a clear plan for buying when prices fall, we'll always keep chasing rising waves and selling at a loss because we're afraid of when the market corrects.

That is a good move, and it will help you to hodl your BTC comfortable during the bear run because the price has dumped to some level where buyers can visit the market to buy huge amount of BTC and hodl for long to earn well in the future.

Anyone that have money in this new month, they will like to buy BTC from the market and hodl for bull run to come because it look like this $60k or $63k will be the Lowest before the bull run that will touch $100k will occur for hodlers to make more money.

This bear season will not be the last season forever, and there will surely be another bear run that will make them to buy, if they can still save money to buy BTC because some people can give excuse for their failure.

I'm also very much frustrated with these market conditions I mean what is the point to launch so many projects in the form of altcoins if all the projects are dependent on BTC. If BTc will perform well they'll go with the trend or vice versa.

If the whole market depends on BTC then it's very easy for big investors to manipulate the market in the way they want and there is no sure and secure future for small investors.

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.
I used the time to buy some meme coins and Solana. I also increased my litecoin holdings but I'm rethinking that position as the confidence in Litecoin is getting low.
I wanted to invest more but my personal financial constrains limited my reach. I'm not sure if we would ever get such good prices on the promising coins. Yet I would not be regretting as much as last bull run.

Exactly my thoughts, really. I didn't expect BTC to dangle around 67-68k range for this long given its crazy run up before the halving. Right now, many investor's funds just lay in wallet. If one finds a good yield generating platform for an investor holding BTC or any of those promising tokens out there. I have the same opinion of giving it a shot!

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.

First, let me correct you that there is nothing like a Red market, that phrase denotes something that is more human-related, we should stop using words anyhow. The financial market has its terms, and the best one fitting for your title is a Bearish market.

Also, there is no other ETF saga that will be impactful like that of the US/SEC/Bitcoin impact that happened between late last year and early this year regardless of the country involved and the circumstances around it. So the ones you suggested above are not just the cause of the bearishness of the cryptocurrency market. However, the Federal Funds Rate could be contributory at times but the effect should be minimal compared to what we experienced. In my understanding judging by my experience in the market, the crypto market was overbought, there was a need for tangible correction, which coupled with the initial post-halving effect. This has now been priced in and the market may be returning up since the FED meeting of Wednesday helped out, and so are the important US news like Unemployment Rate, Average Hourly Earning and NFP. They are powerful news that all went against the US and the USD which is causing the crypto market to have a relief now.

Also, whether it is a bearish or bullish market, smart traders continue to earn money. This is unlike the blind follower who will only be arguing in favour of a bullish cryptocurrency market. That is not what will give me more money, but smart trading and investment.

I think we are in the dip currently and seeing the price of Bitcoin going bullish is a good news for everyone that bought enough tokens when the price was at 57k. There are still going to be other opportunities for us to buy and hold for a better rewards.
Is like very soon the price of Bitcoin is going to go bullish and exceed the all time high. I have been seeing different speculations of Bitcoin going bear, some days Bitcoin is going to go bull. The market sentiments are just different and is for us to choose the path that we want to see price goes.

BTC is up 63k rn, it's now on nevr on your shit coins hunt. Ahaha. Consider Katt though, I'm farming on Bitget's PoolX to earn it hourly. I'm also considering adding to my other meme bags. Let's hope btc doesn't tank to 53k before month end 😂😂. What's your honest assesment of BTC and probably memecoins market in the next 60 days?

I like it when I see people with this mindset instead of panicking over nothing. Every major dip is an opportunity to get into the market and buy our favourite tokens. I've been doing that in bits. Until the last quarters of this year, I ain't going to be scared of holding a falling knife. Paper hands will regret not utilizing this buying opportunities they're getting now.

Yes, that's true. Many didn't but those that did  saw this coming that price would dip after halving. That has always been the practise with Bitcoin circle. Bull run doesn't start immediately after halving. It takes a few months to kick off and that's why the impatient among those who feel buying Bitcoin is a shortcut to riches get discouraged and sell off prematurely in loss. Patience is key in this industry.

We can’t tell how much dipper we can go but it’s always advisable to take advantage of the dip. The DCA method have made everything more easier and can be used to target the market at every dip. If you have some substantial amount of knowledge on bitcoin market fundamentals, you will be able to tell to at least close to prediction where the dip his or the price range it can fall into. But always make good use of anyone that comes around.


A potential altcoin I can always count on to invest into. I just like the Solana native token and it’s not a bad coin to hold in your portfolio for a very long time. With an investment in this coin, you’ll reap big profits at bull run, that is which I’m very confident about.

Best thing to do is to either just hold or fill your bag with more potential tokens; this is the best way to take advantage of the crash lately. Will the market still recover? Will never be assured however due to the fact that the market price of crypto have climbed all the way up from the huge dip, makes it promising to continue hpping for a recovery. The crash is most likely because of market price consolidation and also with big investors taking profit from the previous uptrend. This is not the end lf the rally and it is better to look at it as a phase of accumulation in preparation with the upcoming trend. Many people are just worried because their expectations of bullrun to take place during the halving wasn't met.

Try looking at previous market charts during halving and you'd get an answer to whether bullrun has already ended or if things are just about to start.

I am little surprise as you seems to be a risk taker and I would prefer the other way around as i wouldn't be investing into shitcoins and though I had some stable coins i didnt invest into shitcoins as i ad ad experience in the past as there are thousands software shit coins and only few will do massive pump like you have referred hence rather I invested into Solana when it was below $120.

If you trading some coins, I don't think you are really taking the advantage of the market dump because as you are buying, you will be selling when you get a reasonable profits. What I will advice is you is that when you have a coin that you want to buy, you should buy them when the market dump and more when it dip through DCA, when the bull run comes later, you will love the experience of buying when everyone are scared to buy but you also need to buy the right coins.

Today, we had a lower higher from the previous dump but we might have more dump to the downside, another perfect time to buy more or best if you have more money just buy more as we deep, by the time the bull run might start, you wouldn't expect it or see it coming. Just be careful with the altcoins that you buy, some don't make it back to the top after the dump.

Well, dips happen sometimes, right? Could be a small one, could be the next Great Depression.  Who's to say? I ain't no freakin' fortune teller! Trying to catch the absolute bottom? Good luck with that.  You'll probably just drive yourself crazy watching those graphs tick down minute after minute. 

Me personally? I'd put a little skin in the game if things look bad enough.  Not my life savings or anything crazy but enough that I'd kick myself if I missed a heck of a comeback and  sure its still risky, but so is crossing the darn street.  If it goes my way - awesome! If not - ah well, win some lose some.  At least I gave it a shot instead of twiddling my thumbs waiting for some magical perfect moment.  You gotta trust your gut sometimes.  The numbers only get you so far.

Nope, I don't have any stable coins anymore.

I wish I have money right now, so I will try to gamble in few shitcoins since the price is keep declining.

I need to thank Bitcoin halving because Bitcoin halving make my shitcoins portfolio went halve to.

Since I'm not a fan to cut loss, I choose to hold my shitcoins until the price spikes which I don't know when it will happen, I will be fine since I'm currently not in needed.

That is such a weak thing, I mean bitcoin always has ups and downs, if you lose your confidence in it because it went down 10%, how would people who has been here since last year, when it moved from 20k to 60k react? That's 300% increase versus 100% fall, I do not think that it would really mean that much.

The best way to go about this would be just assuming that you would not be able to make that much money, and just realize that bitcoin is the greatest asset that could make you profit more than any other asset in the world. Sure this comes with some volatility and you may not be always right about it, but realize that you are not going to end up with anything profitable if you stay away from it just because of a small drop.

That was timely, yes. I believe people shouldn't miss out on btc dips while checking out threads on the forum haha I hope it dips again so I could buy more, and as you may wanna know I am still trading btc and eth for this event as well.

Yeah, this is the event I was mentioning earlier. I felt like it's an opportunity, along with the Bitcoin and ETH dips. Not to mention, you earn BGB for it. But yeah, I don't know if BTC can reach 50K again since that might take a long time in my opinion. However, if the news we're getting is really bad, I think we'll get there and can take advantage of the opportunity. It doesn't matter how low it goes – a dip is a dip.