ever heard of this "buy at dip and be rich in the future"

Argoo

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Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

Here, in my opinion, two things are important: the first is to invest in coins and tokens, which will then grow in price, and the second is to choose the most successful investment moment when the cryptocurrency reaches its price bottom. Both of these are quite difficult to achieve. After all, it is very difficult to predict cryptocurrency in its further price movements. In order to average the indicators of buying a cryptocurrency at a possible lower price, it is advised to invest in it in parts after a certain time. So it is better to react to its price movements.

ampere

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Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

The reality is that the quote 'buy the dip and the rich' is true. yet it requires great work not just you buying.
There are several stages of token dip that happens in crypto currency, and you cannot buy the dip because of a 5% or 10% decline, you need to dyor and study price charts to understand the potential bottom price range which is truly the dip that you should buy.

Bitcoin is bullish long term, and from the market movements, you shoulda realized that network coins would struggle this time, please up your research game

Oasisman

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Quote from: Henrobakkara on May 28, 2022, 12:53:51 AM

Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

The market will always drop but as far as what you invested in are good projects which I think they are, you will always recover when the market comes back around.

Lol, do you personally think AXS and Luna is still a good coin to invest? Man, AXS might not going to recover as the game itself is already struggling to balance their game economy, I'm not really sure If there's something good that'll happen to their primary coin.
While Luna has no chance of recovering. Yes, they make a new version of Luna but still only a little chance left for that project to recover. Trust issues has already been built against them.
So, I don't think this 2 that the OP has mentioned is still a good project which you think it is.

LUCKMCFLY

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Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

Well, it's not that the decisions he made regarding his investments were the wrong ones, they're not bad, but considering that the general BTC market took a different turn, it's something that almost nobody saw. For now, the most you can do to recover your investment is to try to wait for those coins to recover the value that you bought them and immediately buy BTC and wait as long as necessary until BTC rises in price, the investment of BTC will never disappoint For me it is the safest investment in the world.

kaseygriffin

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Quote from: Henrobakkara on May 28, 2022, 12:53:51 AM

The market will always drop but as far as what you invested in are good projects which I think they are, you will always recover when the market comes back around. Because most of us don't actually kb=nows the bottom, we most likely do DCA along with the drop and it might continue to drop but there is a sure recovery it might only take some time.

Sometimes I think that just buying and looking at the price increase will make new entrants take the loss lessons in the long run. Maybe OP didn't research this market well and let the losses happen. A hole always appeared in his mind. I find this stage is not suitable for investment if we do not have good preparation of money as well as knowledge. Profits will come and grow if we are patient and correct our mistakes.

Henrobakkara

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Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

The market will always drop but as far as what you invested in are good projects which I think they are, you will always recover when the market comes back around. Because most of us don't actually kb=nows the bottom, we most likely do DCA along with the drop and it might continue to drop but there is a sure recovery it might only take some time.

adzino

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Sure, buy the dip of the coins that has good potential. Not some random altcoins. Buy the dip of bitcoin or ethereum. Just don't buy the dip of random shitcoin "because they might" get pumped. High chance you will end up losing everything. Once you buy the dip, you won't get rich over night. Keep holding them for long term. If the price falls further, buy more if you can afford, but don't sell. You don't lose anything as long as you don't sell.

funteki

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Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

you made it just not in the right time, but thats only unlucky nothing else, usually most of the people buying the dip

Lordhermes

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Buying coins when it dips down is the best way of securing your future.For every crypto trader,there are times to buy,and and there are times to sell.Nevertheless,it is good to know the right time to buy so that we will gain profit from buying at that time,and it is said that the best time to buy is when there is a dip in coins,Investing it in the right project at that time is the best thing to do in other to get your future secured financially,because when it rises,it will definitely make you rich.

wiss19

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Many people follow this actually. People think that only the rich people follow this, but the reality is many lives were straightened up thanks to this. I know plenty of friends from telegram (crypto friends, not real ones that I hang out with but just ones that I chat on telegram) that got into crypto early on, waited for a bottom, bought there, and sold at peak or still holding and they are much richer.

What do they do? Pay their debts, buy a house, buy a car, pay for college education of their child, whatever they could do to make their life better. Basically, they are spending it like they are rich, and not investing like they are rich, which I find to be a wrong move.

FanEagle

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Quote from: d3nz on May 25, 2022, 08:37:35 AM

Quote from: ringgo96 on May 25, 2022, 07:19:54 AM

Indeed, currently many of us are experiencing losses both in holding potential coins and coins that do have a very good whitepaper, but the mistake you make is to buy luna coins and now a drastic decline occurs so that your assets have a big decline, but for other coins I think it is appropriate just need big patience until later the price increase occurs again.

That's the flow of the market we can not avoid getting a loss on trading but if we do DYOR and hold the altcoin that you think can rise up their value in the future, then you might get rich. A lot of people who take the risk before became rich even though they don't have knowledge of crypto and I think it's just luck.

Best to invest in crypto are those in the top 10, except the LUNA and UST (stable coin) before since it got wrecked really bad.

There is no way that we could ever find a way to "not lose money" because that is the market and we will always have some losses. The problem is not to make zero losses, we can't do that and that is guaranteed, but having very little versus having a lot is the difference. If you get in with 10k dollars to invest and it goes to 20k and drops to 15k that is still 5k from the starting point, but if you are under 10k and stay there for many months then its a problem and means that you got in at the peak point which you shouldn't.

If you can arrange that, and be in profit even when the market drops, then you are going to be fine and there won't be a problem.

bitkanu

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your investment feels like it went wrong because you're not buying in the right bearish market instead you're just buying at around flash correction where the value of the assets still well beyond the most recent ATL.
that advice of buying at the bearish isn't wrong at all but the difficult thing is, you just don't know where the real bottom is, so basically you're just gonna be accumulating at the wrong time that you supposed to think was the right time.
this investment definitely isn't as easy as it might sounds because if it is that easy, definitely so many of us has become really rich in investment.

Kelvinid

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win lambo...

Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

What you did is wrong, you never catch what he tried to emphasize...
buy the dip -meaning buy valuable coins during the market crash or corrections but what you did is to buy those coins that are at the bottom.
be Rich in the future - this seems possible if you only invest in potential coins like Bitcoin or the top 10 coins in the market. You can never expect this to some of your lists AXS, FTM, and Luna (scam already) as these all projects are dragging much on your portfolio.

Quidat

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Quote from: firmino10 on May 25, 2022, 05:08:10 PM

investment takes time, and having the patience for it, is another thing. buying during the dip is something right to do. buy one needs to know more about the coin, project, and chart. with time projects that have a solid foundation will rise again. market falls and rises, and for long-term investment, it's all about holding and allowing the coin to grow back before selling.

Everything do really needs time and be smart and depending on what investment you are into because you cant just get profits without having those kind of factors.
Some of people do really hope that much or expecting way too much on which it do really come into a point where they do expect that easy money will be the deal
but once the reality slap into your face then you would really be realizing that this isnt something simple.

firmino10

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investment takes time, and having the patience for it, is another thing. buying during the dip is something right to do. buy one needs to know more about the coin, project, and chart. with time projects that have a solid foundation will rise again. market falls and rises, and for long-term investment, it's all about holding and allowing the coin to grow back before selling.

Razanm90

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Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

Dude, what about NFT? I think this is a good way to investment now. I have already found some interesting NFT projects, which will succeed and profitable. One of them "reptile chronicles" have a deep and unique lore, which give the project an opporunity be succeed in long time. What do you think about it?

Sanitough

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Quote from: accounting 181293 on May 01, 2022, 01:09:12 AM

I did it all month of April. although do not know where the lowest point. I bought AXS, I bought Sol, ftm, luna, bitcoin, avax, all coins that I think have great potential and prices are falling. but today i started to doubt, what i did was right?
after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?

If you tend to hold them for long term, then don't expect quick profits from them. Especially if you bought them at a higher price, then let the market recover first before you can start seeing profits. However, know the risks when you start investing, regardless of how potential the coins you have right now, never expect profits all the time as there can be more losses than gains in the real world of investments. Just wait for the right timing to sell and make profits, when everything is stable, only then you can avoid losses and regrets.

Kunnu

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You did nothing wrong it's just a matter of time personally I think you invested in those altcoins during bearish market conditions nevertheless sometimes circumstances don't go according to our estimate that's the simple point you need to admit that nobody can predict the exact further movement of crypto currency market that's the main point we must always remember before investing.

d3nz

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Quote from: ringgo96 on May 25, 2022, 07:19:54 AM

Indeed, currently many of us are experiencing losses both in holding potential coins and coins that do have a very good whitepaper, but the mistake you make is to buy luna coins and now a drastic decline occurs so that your assets have a big decline, but for other coins I think it is appropriate just need big patience until later the price increase occurs again.

That's the flow of the market we can not avoid getting a loss on trading but if we do DYOR and hold the altcoin that you think can rise up their value in the future, then you might get rich. A lot of people who take the risk before became rich even though they don't have knowledge of crypto and I think it's just luck.

Best to invest in crypto are those in the top 10, except the LUNA and UST (stable coin) before since it got wrecked really bad.

ringgo96

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Indeed, currently many of us are experiencing losses both in holding potential coins and coins that do have a very good whitepaper, but the mistake you make is to buy luna coins and now a drastic decline occurs so that your assets have a big decline, but for other coins I think it is appropriate just need big patience until later the price increase occurs again.

Topic: ever heard of this "buy at dip and be rich in the future" (Read 719 times)