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Author Topic: Do you buy the dips now?  (Read 3510 times)

Offline Ferki

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Do you buy the dips now?
« on: February 26, 2021, 09:36:45 AM »
After a correction that we have right now, there are always opportunities for some short-term deals.
I used it to buy The Graph. Expect $2 again in the next few months and that would be enough for me. But what long-term opportunities have also arisen for me, for example REN. Everyone will need REN at some point, I thought to myself and hit it for $0.98. I'll hold on for at least a year, of course because of the tax, but at 300% profit I'll probably get weak.
Now I've told you about my plans, what are yours?
What do you do with a 20% correction? Do you also buy the dips?
Or are you waiting for some deeper dips?
« Last Edit: February 26, 2021, 09:48:08 AM by Ferki »

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Do you buy the dips now?
« on: February 26, 2021, 09:36:45 AM »

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Offline Filo

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Re: Do you buy the dips now?
« Reply #1 on: February 26, 2021, 09:45:29 AM »
Nope. Because I do not have any cash more lol :) And I hope it is dip now.
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Re: Do you buy the dips now?
« Reply #2 on: February 26, 2021, 12:03:57 PM »
I expect from it even lower prices, because now it seems to me that it will fall and at this fall I will try to buy. Because I believe in it and expect a higher price next month.
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Offline Ferki

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Re: Do you buy the dips now?
« Reply #3 on: February 26, 2021, 12:16:17 PM »
I expect from it even lower prices, because now it seems to me that it will fall and at this fall I will try to buy. Because I believe in it and expect a higher price next month.

If you are a believer why wait? OK, of course it can all go deeper.
But if you are expecting higher prices in the future, why not take the chance?
I would only be interested out of curiosity.


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Re: Do you buy the dips now?
« Reply #4 on: February 26, 2021, 12:19:08 PM »
Now it is very risky to buy any cryptocurrency, because I think that the correction will continue and therefore if I will buy any cryptocurrency today, this cryptocurrency will become even cheaper tomorrow, so for now I will wait at least a couple of weeks to understand what to expect from the cryptocurrency market and then I will already think what to do.
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Offline youdacapt

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Re: Do you buy the dips now?
« Reply #5 on: February 26, 2021, 01:29:35 PM »
Do you also buy the dips?
Or are you waiting for some deeper dips?

History has taught me never to buy the dip; but the bear market. It is not news that bitcoin is struggling to find support and could dip as low as 35000$ before it finds support; but that does not make the market bearish enough for me as an individual to hop in and invest.

Never buy a falling dip, instead buy the bottom

Offline Rain075

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Re: Do you buy the dips now?
« Reply #6 on: February 26, 2021, 03:56:18 PM »
No I haven't bought or held anything right now.  But I had some coins and I sold them and bought BNB and invested.  Although I made a good profit from it in the first stage, I am currently in a lot of losses.  But I hope I will sell my BNB as soon as I recover from here.  In fact, bounty hunters like us should not invest in anything.  That’s why I don’t invest in anything like that.
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Re: Do you buy the dips now?
« Reply #6 on: February 26, 2021, 03:56:18 PM »


Offline Ferki

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Re: Do you buy the dips now?
« Reply #7 on: February 26, 2021, 04:08:36 PM »
Do you also buy the dips?
Or are you waiting for some deeper dips?

History has taught me never to buy the dip; but the bear market. It is not news that bitcoin is struggling to find support and could dip as low as 35000$ before it finds support; but that does not make the market bearish enough for me as an individual to hop in and invest.

Never buy a falling dip, instead buy the bottom

In principle it is not wrong, but do you know when the crash will come?

In fact, bounty hunters like us should not invest in anything.  That’s why I don’t invest in anything like that.

That's your opinion and I respect it. If you understand bounty hunting as a full time job then even more. And if you've already earned thousands of dollars as a hunter then you deserve my respect. But you have to prove that to me, and I'll give you another $100

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Re: Do you buy the dips now?
« Reply #8 on: February 26, 2021, 04:32:10 PM »
I'm not buying any coins right now, I'm waiting for their prices to fall even lower, I think this will happen very soon.  This will be the best time to invest in good projects.

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Re: Do you buy the dips now?
« Reply #9 on: February 26, 2021, 04:46:52 PM »
No. I don't think buying any coins at the moment is supportive. Because the current market observation shows that the price of most coins is much lower. So it is impossible for big experts to understand where the market will go this week. Many experts do not realize any mantra of the market. So I stopped trading at the moment.

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Re: Do you buy the dips now?
« Reply #10 on: February 26, 2021, 06:51:23 PM »
yes, I continued to collect Ethereum during this multi-day decline that happened. does not close the possibility because so far, worries to fall deeper is still not visible. although all were almost panicked.
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Re: Do you buy the dips now?
« Reply #11 on: February 26, 2021, 07:11:39 PM »
Now it is very risky to buy any cryptocurrency, because I think that the correction will continue and therefore if I will buy any cryptocurrency today, this cryptocurrency will become even cheaper tomorrow, so for now I will wait at least a couple of weeks to understand what to expect from the cryptocurrency market and then I will already think what to do.


Then you will never be able to buy if any time it goes up or down it becomes too risky to buy, investment is about risk, if you don't take risk you can not gain anything,  by the time the price start to pump you will still say it is too risky to buy.

Offline pealr12

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Re: Do you buy the dips now?
« Reply #12 on: February 26, 2021, 07:24:09 PM »
Most good coins are very cheap now so buying the dip is not a bad idea at all, we all know how the market can recover fast and increase in high percentage, thisbis another opportunity for buyers to buy btc, eth and other good coins at very low price,  am definitely buying ones I receive my monthly payment.

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Re: Do you buy the dips now?
« Reply #13 on: February 26, 2021, 08:39:18 PM »
I still haven't sold any crypto assets before the correction, so I don't have stable coins or fiat to buy more crypto at this time. My only option is to keep holding crypto and wait for the next bull run. I also don't want to sell altcoins to buy bitcoins, I consider altcoins' bullish potential to be about 10 times bigger than bitcoin.
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Offline Gurujebs

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Re: Do you buy the dips now?
« Reply #14 on: February 26, 2021, 09:33:41 PM »
Whatever you are buying in this dip, I hope you are doing so with zero emotional attachment otherwise you may be disappointed at the end.
There are many uncertainty going right now with the way bitcoin and alcoins are dumping including the traditional market Nasdaq and S&p 500. Elon musk also contributed, I hope money flow into altcoins soon.
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MIX.NOW
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