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Topic: Only good coins survive the dip - page 2. (Read 990 times)

member
Activity: 775
Merit: 11
September 07, 2021, 12:37:08 PM
for me coins that are good & can maintain their value like ETH, BNB, SOLANA, ADA etc.. lately they are still holding on to their value, even when the market is experiencing a correction they can still return to the starting point, on the other hand if you are a crypto trader on the network bsc. need to be careful because most of the new coins there are difficult to return to the initial position.coins few can return after a market correction.
legendary
Activity: 3248
Merit: 1179
September 07, 2021, 12:26:17 PM
Only good coins last, others fall sooner or later... And I think we have many examples in crypto history, just good ones are still around, and we have too many failed projects. It's something from what all of us can learn,  before investing try to learn as much as you can about the project, can that project last, is there a good team behind the project...
If people just randomly invest in coins with the nice names that is like pure gambling, don't do that...
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
September 07, 2021, 11:51:59 AM
yes I agree that not many altcoins can rise again after a price drop in the market. I've experienced it myself and it's a mistake I made at that time so I've lost a lot of money. so until now I have never bought an altcoin that doesn't have a great future. for now I only collect coins like ethereum and binance, because both of them I think are able to survive and go back up after a price decline on the market exchange.
That mistake of yours is also the mistake of many and that taught us how to become better at picking the next coins that we're going to invest. And it is why you don't pick random altcoins that just pumped and it's always better to see that you're able to research about the coins that you're about to buy. Those that have been dipping but still with potential, they're good coins to buy and you also have to determine the risk that you're taking because if you don't, you're just buying again randomly.
member
Activity: 412
Merit: 13
Trident Protocol | Simple «buy-hold-earn» system!
September 07, 2021, 11:42:53 AM
The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip, most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (retracement). So it would be in your best interest to only buy very good coins in the market dip.

yes I agree that not many altcoins can rise again after a price drop in the market. I've experienced it myself and it's a mistake I made at that time so I've lost a lot of money. so until now I have never bought an altcoin that doesn't have a great future. for now I only collect coins like ethereum and binance, because both of them I think are able to survive and go back up after a price decline on the market exchange.
member
Activity: 517
Merit: 10
August 31, 2021, 01:32:48 AM
#99
The reason good currencies survive by dip is that these currencies have a lot of interest in the market. Although old these do not diminish the certainty as long as demand continues to rise investors will not be disappointed if it sinks hold on and wait currency investors try to pump the certainty of a currency like bitcoin never diminishes. Everyone knows that even if the price goes down it will double in the next step.

investors' interest in a coin is the main foundation for surviving a declining market, we can see when a decline is a good time to buy coins, this only applies to coins that already have a lot of interest, on the contrary for coins that are not so good will experience a decrease in demand even many who decide to sell it and this makes it difficult for the coin to recover its value.
full member
Activity: 1120
Merit: 101
August 31, 2021, 12:53:17 AM
#98
To find out the dip, look at the graph between months, weeks and days... later it can be concluded whether or not it is good to buy in the long run, If in the short term, you can analyze the 4 hour 1 hour chart even a matter of minutes... and make sure to always use a stop limit to avoid unwanted things, and stay safe,,,
Some people buy from the dip and don't care anything about why it dipping, can its recover? Month chart view is the way to goes to gauge this as many people already said in this thread, there is good coin and bad coin out there. All of them may dip but only the good ones will recover.

You need to review all those past performances of certain coins that you are aiming to invest your money, it gives you
confidence in waiting and holding till the market bounced back and give some decent profits to your investment.

If you know how to play with this kind of market movement, there's a big chance for you to earn a lot, just keep

repeating what you are doing and harvest every profits that you can get from the project that you fully supporting.
for those who already have skills in trading in difficult markets will certainly earn a lot.
all depends on the selected asset. that's the most important. therefore the ability of each person is very important. don't just follow the signal or the hype that's going on.
member
Activity: 630
Merit: 10
rocket.hashbon.com
August 30, 2021, 05:48:11 PM
#97
It is true that only coins that have good prospects that can survive in the market. We know that nowadays there are a lot of new coins popping up in the market. we as crypto lovers, of course, must be able to choose coins that have good prospects to invest. lest we choose junk coins that will only experience a decline and loss. we can see it and learn it by observing the market and also the coins there. despite experiencing ups and downs, good coins will survive and tend to be more stable in the market. never give up to learn to analyze the market and also observe it so that we can choose a good coin.
legendary
Activity: 3094
Merit: 1127
August 30, 2021, 01:25:03 PM
#96
In my opinion, no coin is spared from a decline, even if it is BTC, but a coin that has high integrity has a great chance to survive and grow back after a decline, therefore invest in coins that have potential so that they can provide profits in the future.
Dumps and crashes is inevitable and it is indeed no exemption from that but we are talking here into those coins/projects which do able to recover rather than on completely dying.
Its just needing some common sense on where you should invest on but there are people who do really love to play with fire and instead of sticking with those top coins then they
are tending to invest or put up money into those low cap on where they do really believe that it could really make out some pumps.Well, this is a personal choice or option
but be sure that it does really pay off on higher odds or else then you would end up on holding a shit ton of shit tokens.
hero member
Activity: 2128
Merit: 520
August 30, 2021, 01:20:16 PM
#95
To find out the dip, look at the graph between months, weeks and days... later it can be concluded whether or not it is good to buy in the long run, If in the short term, you can analyze the 4 hour 1 hour chart even a matter of minutes... and make sure to always use a stop limit to avoid unwanted things, and stay safe,,,
Some people buy from the dip and don't care anything about why it dipping, can its recover? Month chart view is the way to goes to gauge this as many people already said in this thread, there is good coin and bad coin out there. All of them may dip but only the good ones will recover.

You need to review all those past performances of certain coins that you are aiming to invest your money, it gives you
confidence in waiting and holding till the market bounced back and give some decent profits to your investment.

If you know how to play with this kind of market movement, there's a big chance for you to earn a lot, just keep

repeating what you are doing and harvest every profits that you can get from the project that you fully supporting.
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
August 30, 2021, 10:44:37 AM
#94
You can see how stable a crypto when it started during the bear market. I see few crypto stablished in the early months of 2018 , then crypto market started to collapsed. Some crypto started to rugpull and turned scam.

Few remained strong and survive from its utility usage. Lets see what cryptos will survive once we see Bitcoin to reach its ATH on 2022 and then started to collapse for its next cycle.
member
Activity: 490
Merit: 14
August 30, 2021, 10:36:12 AM
#93
I think if
 If you want to invest, it's a good idea to only invest in coins that have good potential, bro, such as those in the top 15 in CoinMarketCup (CMC), because in my opinion there will always be a big opportunity for that coin, even if it's bearish, the price will be high.  the coins don't have much effect, so they will survive even if there is a slight wobble.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
August 30, 2021, 09:09:26 AM
#92
Of course, some people are only interested in making a quick buck, not in making a long-term investment, especially with shitcoins.

Good and brilliant investors like to dump at the start and assess the situation to see if it's still good to buy the dip, because not all buys in the dip take profit instantly, you need a lot of time, and sometimes it's dumped until it becomes a dead coin.
sr. member
Activity: 1344
Merit: 250
August 30, 2021, 07:25:51 AM
#91
The phrase buy the dip is only a good advice when you apply it properly by buying the very good altcoins whose value is only down because of the bearish market condition. Because it is not all coins that dip that would recover their value.

For example, early this year (when the market was super bullish) almost all the projects released saw good increase in their value. but that doesn't mean it is all of them that were very good projects. After the market dip (correction), most of them never recovered their value. The crypto market is filled with a lot of scrap altcoins and the market way of sheding them off is to dip (correction). So it would be in your best interest to only buy very good coins in the market dip.
it's only good coins that have a high value, there is a lot of declines when there is an opportunity, they will quickly get big profits choosing coins because there are many advantages that make new coins more expensive, top altcoin coins are very appropriate to make them bigger and more reliable, lots of coins which can generate more profits, top coins are the main choice in the future.
full member
Activity: 653
Merit: 183
August 30, 2021, 05:02:23 AM
#90
To find out the dip, look at the graph between months, weeks and days... later it can be concluded whether or not it is good to buy in the long run, If in the short term, you can analyze the 4 hour 1 hour chart even a matter of minutes... and make sure to always use a stop limit to avoid unwanted things, and stay safe,,,
Some people buy from the dip and don't care anything about why it dipping, can its recover? Month chart view is the way to goes to gauge this as many people already said in this thread, there is good coin and bad coin out there. All of them may dip but only the good ones will recover.
sr. member
Activity: 1036
Merit: 250
August 30, 2021, 04:34:05 AM
#89
I don't have much money to buy junk coins. It doesn't even matter if the market is bullish or bearish. If you carefully choose high-quality projects for investment, you can successfully survive any correction and return to a positive balance.
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
August 30, 2021, 02:41:57 AM
#88
because of people's interest and trusting old coins that can save and earn profits,,besides that the team cohesiveness of each coin is different,,they work hard to pump up the volume so that people's interest is very much..
full member
Activity: 463
Merit: 100
August 28, 2021, 06:59:38 PM
#87
You said the real deal in the altcoins market. Many are looking good today and has a high value but you'll never know when a big correction happens. As you've said, many of them won't recover anymore and only those that has the potential will eventually recover.
Some may have their biggest ATHs and biggest recoveries, some are slow on recovery but as long as they're recovering from the corrections or dips that do come, they'll stay in the market.
Many coins will really be doing very great till a big market crash comes, well so bad we don't really know when these events do take place if not many would have sold their coin in profit before the market crash. After a market crash many of em are slow to recovery and reaching their all time high would require a long time and also the market needs to remain bullish, so it's better to look out for a more potential which response to market movement more quickly.
full member
Activity: 840
Merit: 102
August 28, 2021, 05:53:54 PM
#86
That's why I always learn from experience, because I once bought coins that are difficult to recover even though the market is bullish, even when the market is bearish I also have coins that eventually delist in the market.
So I only buy coins that really recover quickly when the market is bullish and buy coins that don't fall too deep even though the market is bearish. Experience is very valuable and it can minimize losses in the future.
 
member
Activity: 187
Merit: 10
August 28, 2021, 05:27:02 PM
#85
Not only good projects will survive in the market but other projects also gain popularity if they have good team management and future plans. Many projects have acquired top rankings with better development and future plans.
For sure a shit coin with good marketing power will surely gain popularity and hype which will eventually bring in investors to buying thier coin and therefore the high demands will eventually boost the price of the token, but let me assure you that for the long run the good project will be the one to survive because there will be a time people will no longer see reason in investing in coin with just hype and no use case, the use case of a coin boost it's price movement as well.
full member
Activity: 826
Merit: 100
Tontogether | Save Smart & Win Big
August 28, 2021, 05:08:29 PM
#84
Of course, because I think the dip occurs only to make coin that are not worth (shit coin) gone, therefore when there is an increase, then only coin that are good and have useful product will increase, so my advice is better to invest in cryptocurrency that are already popular and have product, so of course it is very safe for us to invest for the long term.
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