Topic: If Something is cheap you Buy it Buy the dips (Read 612 times)
Actually buing is also an art before buying market analysis to be focus and decide either buy for long run or short term.This is often the troublesome perspective of cryptocurrency however because it is basically on hypothesis because it isn't directed. So in a perfect world in the event that buying a coin, the finest to do is attempt doing going learned investigate to see deeps within the coins , the profound is profoundly benefitting. Illustration for dogecoin which is generally the modern rave of the minute. There are also more coins like Doge still have worth and potential like Cardano doing well and in long run will be beneficial.
Buying from the dip is always a good choice on one condition. We should observe the events going on really well before buying anything (dollar, Bitcoin etc.). If things seem really alarming, then we should act according to it.
Based on the research if someone feels that it has fallen a lot and future it will bounce back, then should not be missing the buying opportunity and start buying because in bitcoin when the bounce back happens it is faster and you can make that count on your side.
You don't buy coins blindly because it is cheap so you don't get trap. Many projects are dead on arrival and so when you invest, you go down with it . You need proper research before investing on any project.
I agree in what you have said because not all coins in the market is worth to buy and invest. Even a coin is in a dip, you should always do some research and study the market movement of these coins. Don't waste your capital in many worthless coins instead invest wisely.
Actually as long as the market cap is healthy there is no reason to worry, you can easily manifest which coin is going to be abandoned or if it cannot recover from a dip, usually I use market cap as an indicator of whether the coin is still worth to buy or not. Yes research is important as well but there are really good coins with good background that fell off and did not recover.
Because something is cheap is not always an indication to buy, cheap things are jot always good/profitable. It is always important you do your research, find out the reason why a certain asset has gone down in price before you make the decision to buy or not. If you buy blindly or impulsively, you might loose your money.
If something is cheap and there is a reason for it to go down, then you might be worried. There have been some coins in crypto world that went cheaper and cheaper and eventually basically died, or there are stuff in fiat world where things went cheaper and cheaper and eventually got destroyed as well.However one thing is for sure, bitcoin is not like that and I believe ethereum and bnb is not like that neither but you can argue against that, however bitcoin is definitely like that. Bitcoin went cheaper "just for now" 100% guaranteed, maybe it will go up in the next month, maybe it will go up 3 years later, but one thing is for sure that it will go up again. Only reason not to buy it right now is the fact that it may drop even more before it goes up and that is the part people are not sure about, everyone knows that bitcoin will be 50k+ one more time, but they do not know if it will be 20k before it is 50k+ again.
You must understand that not everything cheap is worth it to be bought, specially in huge amounts. That mindset is just wrong. Although it is quite evident how good of a currency the us dollar is, looking at the economical state of the US right now makes it less appealing to me. And with the hype of the cryptocurrency industry, I would rather invest here than on the US dollar. But hey, just because I or most of the people does it, doesn't mean you also have to. Each to his own, invest on which you feel most comfortable about(by comfortable, meaning you know what you are doing and aware of all the peos and cons).
for me there is nothing wrong if we want to buy when the price is already in. but there are some that we must pay attention to, among them we have to see if there is any support that can be used as a reference. besides that we should not spend capital to buy at one price, we must anticipate if our analysis does not work, so we remain calm to take risks You don't buy coins blindly because it is cheap so you don't get trap. Many projects are dead on arrival and so when you invest, you go down with it . You need proper research before investing on any project.
I agree in what you have said because not all coins in the market is worth to buy and invest. Even a coin is in a dip, you should always do some research and study the market movement of these coins. Don't waste your capital in many worthless coins instead invest wisely.
You must understand that not everything cheap is worth it to be bought, specially in huge amounts. That mindset is just wrong. Although it is quite evident how good of a currency the us dollar is, looking at the economical state of the US right now makes it less appealing to me. And with the hype of the cryptocurrency industry, I would rather invest here than on the US dollar. But hey, just because I or most of the people does it, doesn't mean you also have to. Each to his own, invest on which you feel most comfortable about(by comfortable, meaning you know what you are doing and aware of all the peos and cons).
Buying from the dip is always a good choice on one condition. We should observe the events going on really well before buying anything (dollar, Bitcoin etc.). If things seem really alarming, then we should act according to it.
Because something is cheap is not always an indication to buy, cheap things are jot always good/profitable. It is always important you do your research, find out the reason why a certain asset has gone down in price before you make the decision to buy or not. If you buy blindly or impulsively, you might loose your money.
That depends on what's the product or services you are buying, some are good that it's cheap and some are good if it's expensive and in the case of a good cryptocurrency or a good stock, I am pretty sure that cheap can be a good opportunity to buy some bitcoin. 
Because something is cheap is not always an indication to buy, cheap things are jot always good/profitable. It is always important you do your research, find out the reason why a certain asset has gone down in price before you make the decision to buy or not. If you buy blindly or impulsively, you might loose your money.
if you play world currencies, it is better to trade Forex, this is more clearly felt profit than you are hoarding dollars and who knows when it will be sold. too long in my opinion. if you are not sure you can trade crypto when btc market crashes, at least you will get 3-5% profit if you lucky.
Depends on each person, as you have said, you aren't a long-term investor which means that you will take all the necessary precautions to prevent losses or at the least cut it early. I don't think that's how it works on buying the dip though, you don't know when will it go lower so you just have to wait for the right moment.
USD can still be traded, as we know that its value is being in decline, the percentage was far from what cryptos are currently dealing with.It's flexible and may become profitable in a long run. BUT I would still choose crypto, we have more great possibilities, but still, the risk is always included.
The USA dollar goes down and down.
I Think its a hidden GEM.
Definately Worthed to Buy it dollar is cheap and it has huge market cap and upside potential.
When this Rocket Will blast off to moon you better be on this rocket, specially upcoming deflationary Stage.
And its ATL now and it gets Even lower few years later can sell it with huge profit I guess so.
Specially Biden politics who will create strong dollar no doubt about it.
Investing is not like that , you must study hard before getting into it or else you will just end up losing all your funds.I Think its a hidden GEM.
Definately Worthed to Buy it dollar is cheap and it has huge market cap and upside potential.
When this Rocket Will blast off to moon you better be on this rocket, specially upcoming deflationary Stage.
And its ATL now and it gets Even lower few years later can sell it with huge profit I guess so.
Specially Biden politics who will create strong dollar no doubt about it.
and US Dollar? lol i would rather buy Bitcoin pricing hundred of thousands .
It is not buying all the dips, some projects still need to be careful of buying. You still need to research before buying a coin you want, if you are talking about buying bitcoin at dip then that is a really good idea but when talking about buying some other coins while at dip then you shouldn't do it without any knowledge about the coin especially those new tokens. Research would still be very important for that thing.
Buying the dip and then losing in the growth? The USA dollar goes down and down.
I Think its a hidden GEM.
Definately Worthed to Buy it dollar is cheap and it has huge market cap and upside potential.
When this Rocket Will blast off to moon you better be on this rocket, specially upcoming deflationary Stage.
And its ATL now and it gets Even lower few years later can sell it with huge profit I guess so.
Specially Biden politics who will create strong dollar no doubt about it.
Yep, that’s right . My savings are usually in other currencies that I feel are doing really good, just like the USD, I have been making use of the USD for savings because it has been performing better than my country’s currency and that means I will gain extra profit apart from the normal 12% per annum returns they give if the dollar should keep increasing in value. It is good to always check and compare other currencies and know whether you should be doing your savings with these currencies or not, it is really helpful, so you’re right about this. I Think its a hidden GEM.
Definately Worthed to Buy it dollar is cheap and it has huge market cap and upside potential.
When this Rocket Will blast off to moon you better be on this rocket, specially upcoming deflationary Stage.
And its ATL now and it gets Even lower few years later can sell it with huge profit I guess so.
Specially Biden politics who will create strong dollar no doubt about it.
A dip in the market does not necessarily indicate that it is the best time to buy; it may experience another downturn and cause another dip. That's why we always tell DYOR: do your own analysis, evaluate the graph and the coin's movement, and then buy if we're pleased with the dip with good support. All are now on the internet, so you can look up any information you like about the asset you want to invest in to see if it's still worthwhile. The majority of people who lose money as a result of FOMO do so because they do not conduct adequate research. As a result, they lose a lot of money.
"Don’t buy blindly"
"Don’t buy blindly"
This can be said with altcoins but not btc, any dip you buy is not a bad one provided you are willing to be patient and hold for some time, except you think there is a reason btc won't go higher in near future, otherwise, buying the dip in btc is seem a more better idea imo,
other alts i won't recommend buying at least not just yet because there is a possibility tey will go lower and even not able to recover to the previous ath, in the case of btc, it is the opposite, everyone knows btc performance when the market is in full swing.
I doubt that it will be as profitable as bitcoin. It is still fiat, my national currency is cheaper every year too but I don't consider it as investment. The USA dollar is much stronger than my national currency but it still fiat. Maybe I can still get small profit from it but I prefer like to choose bitcoin. I think buy property is still better, property price almost never fall, even it tend to rise. Once we buy it then our wealth is growing little by little, day by day. And it can be faster if we rent it.
I guess everything depends on the bankroll you have for making investments. We can talk what is cheap and what's good for buying, but what that worth if you don't have what to invest?
Another thing is perspective, "cheap" is different for many people, while some people can think $32k is little, for others that is a fortune. And that's the current price of Bitcoin. But whatever you may think about the current price from your own perspective, comparing the current price and possible price in the future, you may find that Bitcoin is cheap now.
~
doesn't hurt when you keep a stablecoin in times when the market itself is confused about where its trend will go. i can't even decide where the price is going so i'm just going to keep usdt with me or maybe buy when the price goes more than $40k.
buy the dip if you know it's the dippest but this is if you are a long-term investor which i'm not. but what i don't understand why OP wants to hold USD for so long.
It's flexible and may become profitable in a long run. BUT I would still choose crypto, we have more great possibilities, but still, the risk is always included.
~
doesn't hurt when you keep a stablecoin in times when the market itself is confused about where its trend will go. i can't even decide where the price is going so i'm just going to keep usdt with me or maybe buy when the price goes more than $40k.
buy the dip if you know it's the dippest but this is if you are a long-term investor which i'm not. but what i don't understand why OP wants to hold USD for so long.
I doubt that it will be as profitable as bitcoin. It is still fiat, my national currency is cheaper every year too but I don't consider it as investment. The USA dollar is much stronger than my national currency but it still fiat. Maybe I can still get small profit from it but I prefer like to choose bitcoin. I think buy property is still better, property price almost never fall, even it tend to rise. Once we buy it then our wealth is growing little by little, day by day. And it can be faster if we rent it.
I am optimistic that the price of bitcoin will not be lower than that of the current moment, the range of 30K. Sometimes I have the feeling that we are reliving the experience of last year when the price of bitcoin fell to 3K. So that inadvertently the price of bitcoin was making its best run.
If so, we are at the best time to buy because bitcoin will continue to reach new ATHs.
Don't get your hopes up with this one, always expect that the worst could always happen, this kind of mental readiness is going to help you prevent panic when the worst ensues. Just always have some money on your side so you will be prepared to buy when the prices really did go lower.If so, we are at the best time to buy because bitcoin will continue to reach new ATHs.
doesn't hurt when you keep a stablecoin in times when the market itself is confused about where its trend will go. i can't even decide where the price is going so i'm just going to keep usdt with me or maybe buy when the price goes more than $40k.
buy the dip if you know it's the dippest but this is if you are a long-term investor which i'm not. but what i don't understand why OP wants to hold USD for so long.
Jump to: