ever heard of this "buy at dip and be rich in the future" - page 5.

nurilham

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

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

Yes, I ever heard about this. And this happened to several cryptocurrency holders. They are:
Bitcoin holders from past
- Ethereum holders
- Doge holders from the past, not the one that bought Doge in the top Grin

But you know, if it is about other cryptocurrency investments, there is no guarantee. because other cryptocurrencies may be dead coins or tokens in the future although, in current condition, the tokens may be very valuable. The time will tell which coin or token is actually worthy enough. But for me, Bitcoin is the most and the only one.

seleme

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The gold rule is to buy low, sell high and you have done it in the right way. It is not your fault if the market keeps going down every day, the market has no dip point because charts are processed with the demand/supply based on human nature. If you don't want to wait for altcoin season, just go futures and sell any coin for the future perspective based on your assumptions. Otherwise, wait for the dip point and invest more when it goes below your support line on charts.

TopT3ns

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indeed when you want to get a lot of profit you have to buy it at a low price or when the cryptocurrency price collapses, it's just that until now crypto price movements are very difficult to predict so no one knows when the price collapse will occur.

Frengki_cisco

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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?

I've seen and read how people trade cheap crypto at buy and get rich.

My memory, that person bought some crypto that has potential in the market, that person took 1 year to invest with his capital $10,000 he got $30,000 in return.

For example, you buy AXS and SOL, maybe in 1 or 2 years you can be like the people I said.

domoy77

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Quote from: Victorik on May 02, 2022, 11:26:48 AM

You don't just jump into buying a coin because it dipped. Buy only a coin with potential, not every coin will do well. Some never recover after a major dip.
Anyways, now that you have bought, the best you can do is watch it and hope it pump.

If after buying and just watching a decline, then it is a loss for those who do not have extra patience, because the recovery in the market only occurs in good coins and those with strong fundamentals.
So it's true as you said that not all coins can work so just need to look at a few and those are the coins that are in the top 10 circle.

popeye95

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It wasn't the right decision atm to invest more into the cryptos. There are many dips here and there since the market isn't lively as it used to be after the peak last year. Most investors I know just hold on to their bag. Only buy in the dips if you think that coin is undervalued atm and will have a strong recovery after a set of time, either for the short term or the long term.

pawanjain

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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?

What you did wrong was going all in just a short span of time. You thought that the market wouldn't go further down and went all in.
But this is crypto and things go in opposite direction all the time. So the market fell further and prices of altcoins dipped further.
So what you had to do was buy some and wait to keep a track of prices. After some weeks buy some more if market falls further.
Keep monitoring and buy back more if it still falls. Never go all in at once.

LastKiss

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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?

It's only been a month since you buy it in April and now you started to doubt cryptocurrency, the one that is wrong is your impatience because if you want to be rich you can't hope it will always happen in a short time. Just relax and leave your asset for 2-3 years because like what you said "rich in the future", Don't forget to use money that you can afford to lose.

Victorik

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You don't just jump into buying a coin because it dipped. Buy only a coin with potential, not every coin will do well. Some never recover after a major dip.
Anyways, now that you have bought, the best you can do is watch it and hope it pump.

Reid

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You bought coins with good potentials. I think you just need the little patience and you are good to go. Don't rush the profits for it will come to you as a blessing that you are not expecting. I mean, I am one of those who made good money with just patience. Bought Ethereum while it's just above $200 and now it's just sitting in my wallet because I am expecting more with their ETH 2.0.
I did nothing, just trusted the process and have the courage to keep it even with all the madness sways of the market.

bittraffic

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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?

^
Read whats above this message. It says invest what you can afford to lose. Its not just newbie who believed it at first, there are traders who can assume the dip is the dip they meant. Majority will keep telling you to invest on BTC alone and the reason is simple. BTC has better technology that can go bullrun without the help of other altcoins.

The dip they are telling you is the dip when there is a bull market. If you buy the dip while there is a bear market, its the wrong thing,

robelneo

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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?

It's not only

Quote

"buy at dip and be rich in the future"

also

Quote

invest what you can afford to lose

obviously you expect profit in a short period of time and will not accept seeing portfolios going down, you have to reeducate yourself on the right way and planning in investing in Cryptocurrency, you are not doing things wrong these coins are good it's your motivation and your expectation.
If you're bothered then cut your loss by selling all, reeducate yourself or just leave investing in Cryptocurrency, it's not for you.

ice18

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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?

This is normal experience in crypto because no one knows if we are really in bear market again or still at bull market not only you have experience this but many of us, I suggest that you hold it for long term and wait for another bullish market maybe new ATH in the future, you will not lose money if you dont sell at at low price than your buying price. A lot of patience is needed when it comes to investment just forget about it and return after some months.

Teraboy

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Yeah but you understood it in wrong way. Buy the dip means bottom that can't be determined. Basically you must waiting for the big bearish trend to happen to make sure if you can buy the token at the bottom price. If yo are buying those at the peak and you are taking a wrong step. The question is did you know how dip the market would be? i guess you didn't but you just try to convince yourself if you have bought that at the dip while the fact if you are still loosing right now and that means you were buying at the peak price. I think that you must need to read it carefully.
Try to take the dip that has no clue about how deep it is.

yazher

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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're doubting too early and I want to remind you that rule is for long-term holders. As for those who want to profit early, they need to choose to learn daily trading which will gonna be their main goal to earn daily. Looks like you are not alone in this kind of decision because there are also some people who bought from the dip last month and they are not yet getting anything from their investment since the price is still dropping but remember when you choose the right coins, all you need to do is wait for the right time to sell it. though it's not certain when is that time, you can just wait and keep updated on their telegram.

DOH!

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

II 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?

Very impressed with your choice. They are both long-term top coins with a future ATH outlook. Unfortunately, cryptocurrencies are being subject to FUDs, which have retroactive effect on fiatlord regulations. Lol, just like the market way, more pressure creates a bigger rally. That takes adaptation but HOLD is the key to success, wealth in this market. Most of my portfolio is in decline but I'm not worried and confused because I believe bitcoin will set a future currency standard soon, in a thousand chances I just need one in bitcoin .

justdimin

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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?

That's a quite good deal actually, you should be able to be proud of yourself because it really does deserve it. I mean think about it, we are talking about collecting at the bottom or close to bottom and then making money based on the future of it, if you can hold of course.

One thing to "worry" if you will, would be to picking bad coins when doing this, I am not saying the ones you picked are wrong, I wouldn't know, if I did know which ones would go up and which ones would go down, I would be a millionaire by now and wouldn't be here, but I can tell you that there is a risk of picking wrong coins and only time will tell which one that is.

danherbias07

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Stop checking it every minute. I remember myself in you. That's how I am back then, rushing the profits like I want to see what is happening every hour and it got worst I cannot even go to sleep anymore. Upon purchasing you should've been ready about the fact that it could take long before you reap the rewards. It will be stressful if you keep on monitoring it for a short span of time, let it marinate, you are not trading but investing.
About being rich in the future, that's the wrong point of view.

fortuner

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Quote from: shushu9977 on May 01, 2022, 02:30:23 PM

You do the right one, because the market is crash or below as we think. Be patience and wait for a good profit in future. I will buy few coins. You see previous month, the btc or other cryptos price are as good as we except. It is back very soon. So, wait and keep cool.

At this time there is no other word other than calm and surrender to the current situation.
Because no matter what, we hope that change has not yet come.
If you really want to buy coins, then choose a coin that has good development and has good potential because even though the market is in a bull trend, we can still get the benefits, even if it's not much.

lienfaye

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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?

Even the price is in dip we're not certain if thats the bottom or the price will still go down further. The point is you bought these coins in dip, but clearly not the bottom. Its understandable to have worries but thats how the market works, really unpredicted. What you can do is to be patient and forget for a while the market so it wont give you stress.

The prices of these coins will recover back. Just wait for that moment if you really want to gain with your investment.

Topic: ever heard of this "buy at dip and be rich in the future" - page 5. (Read 730 times)