Topic: If Something is cheap you Buy it Buy the dips - page 2. (Read 593 times)
Always make a trading plan not all the time buying the dip is the best time still it's better to make a plan so you keep on track if you lose you can take it back immediately sometimes too much fear of missing out gives you towards to make a lot of losses. Still, the decision is yours. The same way with cryptocurrency the best way is always to learn and continue learning such as technical indicators, market graphs, technical analysis and more. If you think made a reversal pattern why not take a grab the chance.
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.
In the case of crypto, it is acceptable because the majority of the price pump or decrease can occur in a short period of time, which is why it is so volatile. And if you want to invest in something, you should do your own study rather than just investing because it's inexpensive. That is not the case. You must understand the entire market concept and what drives it to plunge or pump.
Even in crypto, having its dip price is not enough to accumulate more on what is around. We need to make a good research first and deep analysis if those coins have rooms for their improvements and have good potentials to live longer in crypto market. But not just in crypto, i think once we decide to invest in such assets, we should learn to assess first its quality if it will be a good catch in the future.
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.
If so, we are at the best time to buy because bitcoin will continue to reach new ATHs.
They will try to probably stop it but I don't think that their stop gap solution will be enough because the more they try and resist, the more it will hurt for the people of USA because they are the ones that will suffer the most damage when hyperinflation happens. We don't know what happens next but I know for a fact that they will do everything since USD is a reserve currency around the world.
USA got all the resources to compensate the whatever amount of USD will be printed hence hyperinflation is not at all possible for USA unless otherwise something war kind of things occur; Inflation will be a problem for the country which is not having enough production in terms of consuming people and their requirements. When you are having decent population along with fair resources then you must need to print more money to make everything stable and balanced. I guess this is what happening with USA right now. So, expecting USD to be weakening may last infinitely. I am not so sure about it. Yes USD is a the global reserve currency number one and a lot of people will always be trading in it. This is not likely to change any time soon. But Biden is issuing a lot of stimulus projects at the moment. All this new money being injected into the economy has inflationary tendencies in my opinion. At first the USD will be less valuable because of more money, but he long term pressure from stronger economy should be upwards. The FED might try to stop this but with an inflation target of around 2% we should see the USD to become stronger again.
They will try to probably stop it but I don't think that their stop gap solution will be enough because the more they try and resist, the more it will hurt for the people of USA because they are the ones that will suffer the most damage when hyperinflation happens. We don't know what happens next but I know for a fact that they will do everything since USD is a reserve currency around the world. Uhh, I don't think that's how it works. USD may have huge upside potential but it's been a few years now and it has still yet to see good gains so far. Besides, hyperinflation is there so even if USD became profitable, it probably won't be for long because it will be hyperinflated provided that the people of America used their dollars the same way they are using it now.
Until usd are reserve currency and we have deflation it means demand for dollars go bigger.
I am not so sure about it. Yes USD is a the global reserve currency number one and a lot of people will always be trading in it. This is not likely to change any time soon. But Biden is issuing a lot of stimulus projects at the moment. All this new money being injected into the economy has inflationary tendencies in my opinion. At first the USD will be less valuable because of more money, but he long term pressure from stronger economy should be upwards. The FED might try to stop this but with an inflation target of around 2% we should see the USD to become stronger again.
Uhh, I don't think that's how it works. USD may have huge upside potential but it's been a few years now and it has still yet to see good gains so far. Besides, hyperinflation is there so even if USD became profitable, it probably won't be for long because it will be hyperinflated provided that the people of America used their dollars the same way they are using it now.
Until usd are reserve currency and we have deflation it means demand for dollars go bigger.
Uhh, I don't think that's how it works. USD may have huge upside potential but it's been a few years now and it has still yet to see good gains so far. Besides, hyperinflation is there so even if USD became profitable, it probably won't be for long because it will be hyperinflated provided that the people of America used their dollars the same way they are using it now.
You should always look up into the trend if buying it at a low price will be worthy for the long run because if not, spending for such will just be non sense.
When you are good at speculating about the upcoming trend then you can go heavily also by buying at dips. Only when technical things are in your favor to support you to buy at dips, you can go without any hesitations else just staying away will be highly sensible action. However let's say doge went down finally, you could just ignore it and not buy the dip because we are talking about something useless, sure it went up a ton this year but that was just some weird people making weird moves, there is no logical reason for it to go up. So long story short it is not purely bitcoin, even gold or most house prices all go up so there are other altcoins as well that can go up, as long as it has a true reason for it, but I agree, there are tons more that could dip after dip as well.
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This. It is a common pitfall for many, but it is already dead the day it plummeted in price. It could've went through the whole roadmap, but that roadmap is about to be stalled by the dumping. 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.
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.
I am not sure about it. Biden is pumping a lot of money into the economy. They are trying to revive their economy, and a strong dollar would be bad for their exports. So even if the dollar would rise short term, the long term pressure would be downward again. The easiest way to reduce the value of your currency is to just print more of it. I would be careful with buying too many dollars right now. Why not just buy cryptos instead?
They can print but the market crashes will eat that money Easy.
Many investors will lose and thts how the dollar is winner. Crypto is Good When inflation is high.
But deflation best is dollar.
Dont u know that?
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.
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.
I am not sure about it. Biden is pumping a lot of money into the economy. They are trying to revive their economy, and a strong dollar would be bad for their exports. So even if the dollar would rise short term, the long term pressure would be downward again. The easiest way to reduce the value of your currency is to just print more of it. I would be careful with buying too many dollars right now. Why not just buy cryptos instead?
Not every dip is profitable, because sometimes that "dip" go for more dips and stays on that dip for some time or for long period of time before it pumps again, that is why technical analysis is very important in every trade you make to avoid losing of profits.
I agree with this. Not all tradeable commodities are bitcoin to make use of every dips (because bitcoin's case is unique with limited supply/halving/mining and more importantly with innovations). Have experienced many things got stuck at lower end of prices after falling from peak price levels. So, being careful and cautious will be definitely help for any investors; I am talking not only for the case of US dollars but against any investment opportunity except bitcoins.You should always look up into the trend if buying it at a low price will be worthy for the long run because if not, spending for such will just be non sense.
When you are good at speculating about the upcoming trend then you can go heavily also by buying at dips. Only when technical things are in your favor to support you to buy at dips, you can go without any hesitations else just staying away will be highly sensible action. 
Buying whenever on the dip does not always apply to all sort of thing because you must assess it properly to think if it will be worth the spend buying it while it is on the down side for you will be investing money on doing such and you sure must not make your spend get into waste right? You should always look up into the trend if buying it at a low price will be worthy for the long run because if not, spending for such will just be non sense. You must be pretty aware that not all downfall is equivalent for an opportunity to purchase. Do not get yourself caught it the trap of the dump. Be wise as well on doing decisions.
I disagree.
Not every dip is profitable, because sometimes that "dip" go for more dips and stays on that dip for some time or for long period of time before it pumps again, that is why technical analysis is very important in every trade you make to avoid losing of profits. Also, not every cheap currency has the potential to give you profits, sometimes it does the exact opposite of what you were expecting, so reading the news and staying updated will help you to figure what coin is the right one to buy.
Not every dip is profitable, because sometimes that "dip" go for more dips and stays on that dip for some time or for long period of time before it pumps again, that is why technical analysis is very important in every trade you make to avoid losing of profits. Also, not every cheap currency has the potential to give you profits, sometimes it does the exact opposite of what you were expecting, so reading the news and staying updated will help you to figure what coin is the right one to buy.
One just needs to be extra careful of whatsoever coin you want to invest into irrespective of the dip. I have more than 20 coins receive from airdrops and bounties which are dump since 2017 till now.
That might be the common scenario of most of the people here. The good thing is, you had not spent your hard earned money but you spent your time and efforts (like I am ready to work hard for hours but I will hesitate to spend my BTC). You might have been happy this time if you were focusing only on bitcoin kind of known things. But, people were accepting whatever coins given out for airdrops/bounties; that must be the actual problem.Buying at dips is good but only for the case of known and highly reputed coins like bitcoins and definitely not for any coin. Never try to catch the falling knife but you should be good at your due diligence to filter out potential things from rest of shitcoins.
Not all the cheap things are worth it and so does the dips.
There are things that are meant to be cheap so don't buy it all.
Remember that not all the sales on supermarket are really on sale sometimes they are just disposing some of their products because it isn't selling well.
There are things that are meant to be cheap so don't buy it all.
Remember that not all the sales on supermarket are really on sale sometimes they are just disposing some of their products because it isn't selling well.
Yeah, I'm partly agreed with it, not all cheap was worth buying or investing in because the will be times that even if you buy at a cheap price it won't go up anymore. That is why before doing anything make sure you do some analysis or proper research to reduce the risks. In the case of Dollar, I don't see any reason why you should skip this opportunity because pretty sure it will go back to normal if everything gets fixed up. Anyway, it still your call but make sure you plan this well.
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.
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.
Maybe I'll wait a decade more so that I can buy more USA dollar with my cryptocurrency. I still think it is overpriced today so it is not advisable to buy it since the price, as you stated, keep on going down. And I also think it isn't at all time low now, it will be lower tomorrow and the days to come so it is breaking its ATL record every minute.
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.
Rookie mistakes some investors still make. They believe that because the price of a coin is low then there is the opportunity to hide it to the MOON when there is a Bull market, they forget that some projects will not make it to the next Bull market and even the ones that do, some will never get beyond a certain price.
I remember a project I invested in back in 2019 and the price now is 10x less in the Bull market than what it was when I invested though I have since cut my loss.
This is why people got trap they didn't even think that there are possible major collapsed happening and buying at what you think dip is riskier than you though, I think the best position to buy them is near in their supports since if we are into that position well we can sit tight since we now that we can possibly cannot see more dumps, we are actually buying at the dip in that position although it will give no guarantee but that can make us little more safer from more upcoming huge dump.
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