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Topic: ever heard of this "buy at dip and be rich in the future" - page 2. (Read 690 times)

sr. member
Activity: 1876
Merit: 259
Wrong or not, it is your personal decision to choose to own the altcoin, as long as you believe that the project you are investing in in the future will pay off, just believe in what you have believed in from the start and never have doubts about that decision.
if you can't see the value of the asset continue to fall, don't watch the market too much because it can destroy your confidence.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
You should buy at once. It's not a Wise trading. If you buy in every big dip then it's good trading. But don't worry just hold and don't sell at loss. There’s no hope for greedy . Everybody here was greedy. So sorry to say that. Always going for high profit.
member
Activity: 208
Merit: 10
Most times this strategy doesn't always work because people are too focused on looking for the best time to buy, you dont have to wait around for a best time because the crypto market is too unpredictable, the solution is using DCA < dollar cost average >, you can buy your favourite alts every months.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
The most potential is only Bitcoin among the list of other coins in the portfolio, many of the top altcoins in the portfolio list are not recommended because of the impact of the worst cryptocurrency case Luna coin has dropped to the bottom of the list of top coins. So in my opinion it is better to allocate more than 60% of assets for Bitcoin investments then the remaining 40% for potential altcoins.
Luna was once at the top and then we're looking at its downfall. I would agree with that suggestion of putting more into bitcoin.
It's a decision that everyone has to think of if they're still not into bitcoin and relying the majority of their assets with an altcoin. A lesson learned from me and that's my take as someone who's really learned a lot from my own mistakes and wrong decisions.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
the advice that gonna be hardly being followed despite already proven to be the right thing to do amidst the bearish market, as you can see most of us are just panicking and big fat chance just gonna have this chance of having discounted investment missed.
after all going against the market flow is kinda hard, as you could figure out, we as human have tendencies of panicking whenever there are massive correction in the market and even if some people have said over and over again that they gonna be waiting for the value to go down, they definitely hesitant to invest.
sr. member
Activity: 832
Merit: 286
Next Generation Web3 Casino
Yes, those altcoins in OP's portfolio are really potential ones. Luna have encountered some issue. Apart from that all are potential ones, and we don't know how the market changes with time.
The most potential is only Bitcoin among the list of other coins in the portfolio, many of the top altcoins in the portfolio list are not recommended because of the impact of the worst cryptocurrency case Luna coin has dropped to the bottom of the list of top coins. So in my opinion it is better to allocate more than 60% of assets for Bitcoin investments then the remaining 40% for potential altcoins.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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?

I think your decision to buy several Altcoins such as AXS, Sol, FTM, Luna, Avax and Bitcoin is very right, because these altcoins have great potential in the future, but to get big profits we also need a long time. so don't panic if current conditions have made you lose a few assets. because the altcoin you choose is the best altcoins. be patient as the market is going to rise rapidly in the next few months.
Yes, those altcoins in OP's portfolio are really potential ones. Luna have encountered some issue. Apart from that all are potential ones, and we don't know how the market changes with time. Buying the dip is good, but we need to have patience to experience the profit out of the investment. Very few get lucky to make good profit in a short time period. Like the one happened with dogecoin and Shiba due to the influence of Elon Musk.
member
Activity: 568
Merit: 18
Goldeth.io
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?

I think your decision to buy several Altcoins such as AXS, Sol, FTM, Luna, Avax and Bitcoin is very right, because these altcoins have great potential in the future, but to get big profits we also need a long time. so don't panic if current conditions have made you lose a few assets. because the altcoin you choose is the best altcoins. be patient as the market is going to rise rapidly in the next few months.
hero member
Activity: 3038
Merit: 647
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 just bought these coins this month and already you are in doubt about your decision?
Do you think few weeks is enough to determine the success of your investment! Does one month investment sounds like future to you?
Maybe you should reevaluate you investment decision, perhaps you are not ready for long term investment, besides all the coins you mentioned above are solid which can recover quickly once the market is back. So just chill and relax.
I think OP is still new when it comes to crypto investing and so he expects quick profits despite of the market's bearish state. You don't have to rush OP because everything pays off once the market turns bullish, so just continue long term hodling and never be bothered with the current price drops as you won't also sell when you're still at loss.
staff
Activity: 2436
Merit: 2347
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?

Your mistake is that you misunderstand this phrase. It says buy at the bottom, not buy when the price falls. These are completely different things. First, you need to determine where the bottom might be, and to do that you need to be able to read charts and be aware of market trends and investor sentiment. Usually, they say about those who buy like you, that he waited for the bottom and got the second bottom as a present.

If you look at the market conditions, you should have bought in March, not April. That was the month when the market rebounded, and April was essentially for selling.
full member
Activity: 1176
Merit: 100
Vave.com
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sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
Everyone should buy at dip to gain a good profit later, but the problem is, we never know when the dip is.
For example bitcoin price is now around $36k, is it already at the dip ? or not yet the real dip ?
Maybe we can think about strategy in buying the dip. My strategy is we should not use all of our money to buy the dip, because we can buy it again later when the price dip even more. So, accumulating slowly is a good way to buy the dip.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I think you should stop. If you keep doing it, you'll regret it. It's not about right or wrong, but you did it at the wrong time. if you did it now, it might be different. but if you wait patiently in the end you will still get the profit. my advice is to stop buying from now on. and sell some of the coins you have, if you need money.
If you really need money suddenly, then there is no need to force yourself to buy any coins at this time even though almost all coins are in a very cheap position, because this is about a need, especially if the need is more important than everything, but there is no need for further consideration if in the end you have to have money in cash.
full member
Activity: 1024
Merit: 100
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?

I think you should stop. If you keep doing it, you'll regret it. It's not about right or wrong, but you did it at the wrong time. if you did it now, it might be different. but if you wait patiently in the end you will still get the profit. my advice is to stop buying from now on. and sell some of the coins you have, if you need money.
member
Activity: 1540
Merit: 22
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?

Sometimes it is very obvious if a market is doing well or not, other times it can be more subtle. It will always take a serious dip before moving back up, so that means that you should never sell low. Instead, we want to buy when the market is down and sell when it's up, so that way when it goes back up we can multiply investment.

I think basically at this stage you have to take risks and always monitor and look for things that you think can be improved. this is our endeavor in crypto investment endeavor. Always be prepared to control losses, and don't let emotions cloud your judgment when trading. there are always many investment opportunities in this world of money market and if you make smart decisions, you can excel.
sr. member
Activity: 882
Merit: 403
:'(I think you made the right decision as you bought into some good coins. Now all you hot to do is Neflix&Chill..lol while you watch your money grows to become rich in the nearest future as predicted. Sounds funny but its the truth though.

If he really did buy at the time of creating this thread, then I must say that he is on tons of red right now. He won't lose money though if he bought on spot and doesn't plan to cut losses. Better scenario is that he bought some good coins when btc dumped and is now watching some greens. Either way, he can just DCA if he did not cut some losses yet. That is if he still has some extra stablecoins or cash to spend and of course, this only applies on spot positions and not on leverage. Not that I am saying you can't DCA on leveraged trades it's just that people don't do it that much including me.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
ever heard of this "buy at dip and be rich in the future"
Yes, it's a common opinion.
ANd this will be true if the crypto that we bought is not shitcoin or dead-end coins. But the crypto that we bought is the one that has real value, is precious, fundamental, and also trust.
And I personally will only prefer to choose Bitcoin and BNB for long term investment in the future by buing them at the dp
jr. member
Activity: 168
Merit: 4
 :'(I think you made the right decision as you bought into some good coins. Now all you hot to do is Neflix&Chill..lol while you watch your money grows to become rich in the nearest future as predicted. Sounds funny but its the truth though.
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
It may be worth buying assets in several stages rather than at one time.The situation that is on the market now proves it.Always keep dollars in stock for which you can buy cheaper tokens, so the losses will eventually be less and it will be easier to fix the income.
hero member
Activity: 3010
Merit: 629
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?
This is natural in a volatile market, the prices will always fluctuate so you won't have to expect that it will always stay on top, or in the bottom price. As long as you are sure on your investments and you think they have big rooms to grow, just stay patient and keep hodling them. You will only experience being profitable when their prices have started surging, and when the market turns to bullish, that's the best time to sell and make profits.
I think he's not prepared for the worse situation that can happen. He is worried the value of the coins that he bought is turning down and it seems it surprised him.

We know crypto is high volatile hence if he did a bit research on what to expect then he will not be surprise for the possible outcome. On the other side, as an investor if we're confident on the coins that we bought then even the price is declining we wont be worried and will just wait for it to recover again.
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