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Topic: Should i wait for a pull back on ada to get in (Read 239 times)

hero member
Activity: 1876
Merit: 512
February 14, 2021, 10:53:27 AM
#32
Please never jump on a trade, you miss one 100 other trades are coming your way and will make you profit, forget  all these social media talk, they only wants you to buy their bags, as we can see the market is about heading for correction from every side jumping in at the top can cause emotional pain for you and can affect your decision making through out this bull market, wait for the correction and buy in.
jr. member
Activity: 58
Merit: 1
2+1=3
If the price doesn't fall further, what are you going to do?  I would advise you to buy it now if you really have learned and loved it, for crypto investment you should not calculate the small risks because investing is certainly a risky choice.  if you don't understand the nature of the problem.  During this period it is easy to choose any altcoin and wait for it to increase in the future, with the target of ADA $5, the price below $1 is always great, so what are you waiting for?
full member
Activity: 546
Merit: 105
Since ada is so hot right now i am wondering should i wait before i get in on it?

You can spare small fund t to get in to the ADA market if you have a believe that the price will still rising, meanwhile you can search another project which have opportunity to be invested.
Then if the price of ADA pull back you can do bigger investment on it.
legendary
Activity: 3178
Merit: 1054
you are not going to see it dip like 50 cents, its 87 right now you might wanna buy now at least it still less than $1. you get your profit when it's more than $1. you could wait a week longer, it's going to be $1 already.  one way you could profit from it is to stake it on your wallet while you wait for the price to rise. or you sort it out by accumulating soon.

member
Activity: 295
Merit: 54
OP what kind of question is this? Why now? Everybody knows that year 2021 will be bull market and you should accumulated last year if you want to buy crypto its part of the cycle but the bull run today is anticipated to be long if you still want ride wait a big pull back.
full member
Activity: 1358
Merit: 100
It's not good to buy Cardano now because it's already on the top you better to wait the down price of Cardano. We never know when the whales will sell their bags, they already made huge profit so for sure it will dump suddenly if the whales starting to sold.
jr. member
Activity: 280
Merit: 1
The Standard Protocol - Solving Inflation
Since ada is so hot right now i am wondering should i wait before i get in on it?
Yes, you can wait for the correction in the whole market so you can take entry again in the market.
member
Activity: 378
Merit: 11
I do not think that ADA will have a significant fallback/correction anytime soon, nothing significant anyway. So make a smaller investment, rather than a large one, and wait for a correction. 
full member
Activity: 882
Merit: 110
waiting what do you mean? is it trading or investing? because I think they both have the right time to run. do not ever use the wrong time because it will affect profits. time also requires a strong analysis
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
Since ada is so hot right now i am wondering should i wait before i get in on it?
The strategy to buy in bull market might not be the same as the bear. Sometimes correction bottom cant be determine so you can decide to ladder into the project. Divide your investment fund into more than 2 fractions. Since we still expect it to go up in the bull market you buy a fraction from the present price, then place order at different prices as lower price. So you can manage the risk from the bull market and pick along the price movement.
hero member
Activity: 1582
Merit: 523
I think you should wait. Every coin and asset definitely gives a purchase opportunity. ADA will definitely be a valuable coin in the future. You can own it at lower costs and be happy in the future. I hope this altcoin rally continues for a long time  Smiley
Well he could wait for a pullback and set a plan on what price to purchase. Also it is actually depends on a person if what is his goal it is for short or long term trade on Ada. Almost coins these days are reaching it's all time high. And the price for Ada is close to $1 so it is still on a decision by Op.
hero member
Activity: 3010
Merit: 629
Since ada is so hot right now i am wondering should i wait before i get in on it?
Usually we are getting interested to a particular coin if the price is surging but we must think carefully before making a decision to engage ourselves.

Are you willing to take a risk? If yes then go ahead. The price can increase further but it has a possibility as well for the price to move downward. Thats why its a must to know your position and goal when you invest.

Nevertheless the decision is up to you but remember the basic rule to buy during dip and invest what you can afford to lose.
member
Activity: 504
Merit: 10
umachit.fund
I think you should wait. Every coin and asset definitely gives a purchase opportunity. ADA will definitely be a valuable coin in the future. You can own it at lower costs and be happy in the future. I hope this altcoin rally continues for a long time  Smiley
hero member
Activity: 2590
Merit: 644
....if ada did pull back how much do you think it could drop?
How much of a pullback are you actually expecting before buying? Checking the graph from Coingecko, it already went sub $0.90 after reaching $0.97 in the last 24 hours. Are you not satisfied with that 10% pullback? If you are expecting more then you should check how its performing in the last 7 days up to 1 year.  
^ I don't think there is a pullback as of now, we know that it is a bull market of all altcoins, even those shit coins as of now have value in the market. So probably there is no exact buying point of Polkadot. It is almost $1 now the price, if you think it will surpass and hit $2 soon, then buy it. But there is always a risk upon buying a bull market because you did not know when is a pullback. However, you try another altcoin if you want, just like dogecoin that always have a hype, or FUN token too, but it all depends on you. Nevertheless, feel it to buy if you think it is worth it project and I think it is.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Since ada is so hot right now i am wondering should i wait before i get in on it?

You should analyze more to find if that will be a good time to buy or you should wait for more. It depends on yourself because we can have a different analysis that we will use to buy the coin, so perhaps we need to research to find the time.

Thanks for the reply's guy they jumped all over me and laughed at me for asking this question on facebook group(toxic), thanks for being kind i am still learning lots, if ada did pull back how much do you think it could drop?

We will not know how much the price will drop because ada follow with the bitcoin price, and it depends on the demand on the market. Perhaps, ada price can go down for 10% or more, but we don't have the right estimation about that. You can prepare your money to buy ada, so you can buy it without waiting for a long time when there is a flash drop.
sr. member
Activity: 1554
Merit: 413
....if ada did pull back how much do you think it could drop?
How much of a pullback are you actually expecting before buying? Checking the graph from Coingecko, it already went sub $0.90 after reaching $0.97 in the last 24 hours. Are you not satisfied with that 10% pullback? If you are expecting more then you should check how its performing in the last 7 days up to 1 year.  

Previous ATH $1.18
Current Price $0.9

Japan only ico?
No thanks.
That also means no US SEC intervention will ever happen no?
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Not advice for ADA but for crypto in general. If you're looking to get in, and you actually believe in the tech and the project and what not, then you get in and strap in. Waiting for dips can save you some money but if you believe in longterm gains then it doesn't really matter what price you get in.

Note that this applies to proper crypto projects of course.
hero member
Activity: 2268
Merit: 507
Since ada is so hot right now i am wondering should i wait before i get in on it?
Think again, ada is almost $1 and are you thinking if it's not over valued at this moment? this time when the whole of crypto were getting bullish trend but dogecoin was dumping. That gives us very good lesson never try to buy the coin when it was getting pumped to the moon. You must search another coin that can be an alternative choice for ADA.
ADA is hot right now but it's a high risk investment right now. It's better to wait until it will be dipping again soon.
ADA will be getting dumped again soon.

Avoid any overvalued crypto.
Jb
newbie
Activity: 13
Merit: 0
Why not just do both? Invest a little now and then save some for the pullback.

Or just DCA it and invest a bit each week
legendary
Activity: 2576
Merit: 1043
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I know that with the current price movement of ADA right now, it is very attracting to invest into it but at least be patient.
Wait for it to dip a bit because not all coins are always going upwards. There will be a time that ADA will go down. Not that much though but it will happen.

I bought ADA 2 weeks ago and my total money that I used to buy ADA is now tripled. Got lucky I think but I'm thinking of holding it for long term. Will accumulate more in the future. Just waiting for a dip to happen.
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