Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Ferki on February 26, 2021, 09:36:45 AM
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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 $0.98. I'll hold on for at least a year, of course because of the tax, but at 300% profit I'll probably get weak.
Now I've told you about my plans, what are yours?
What do you do with a 20% correction? Do you also buy the dips?
Or are you waiting for some deeper dips?
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Nope. Because I do not have any cash more lol :) And I hope it is dip now.
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I expect from it even lower prices, because now it seems to me that it will fall and at this fall I will try to buy. Because I believe in it and expect a higher price next month.
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I expect from it even lower prices, because now it seems to me that it will fall and at this fall I will try to buy. Because I believe in it and expect a higher price next month.
If you are a believer why wait? OK, of course it can all go deeper.
But if you are expecting higher prices in the future, why not take the chance?
I would only be interested out of curiosity.
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Now it is very risky to buy any cryptocurrency, because I think that the correction will continue and therefore if I will buy any cryptocurrency today, this cryptocurrency will become even cheaper tomorrow, so for now I will wait at least a couple of weeks to understand what to expect from the cryptocurrency market and then I will already think what to do.
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Do you also buy the dips?
Or are you waiting for some deeper dips?
History has taught me never to buy the dip; but the bear market. It is not news that bitcoin is struggling to find support and could dip as low as 35000$ 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
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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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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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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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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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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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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.
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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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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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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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Well, for me, I think the deep is not here yet, am expecting a significant bear which am hoping might bring bitcoin down to the 30s and 20 thousand dollar range, hopefully, it will get down to this and am prepared to buy in as much as I could, but am also monitoring the market closely incase this does not happen, then am also prepared to look for some good projects to buy into for future profits.
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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
I hear you and as you have mentioned, Never buy a falling dip but the bottom, but how can you categorically state where the bottom is? maybe unless it reverses and starts moving upward again before you buy in and yes, I agree with you that's why i am saying this but to actually buy the bottom is what am trying to get, that is after the bottom has been confirmed and there is a clear reversal.
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Well, for me, I think the deep is not here yet, am expecting a significant bear which am hoping might bring bitcoin down to the 30s and 20 thousand dollar range, hopefully, it will get down to this and am prepared to buy in as much as I could, but am also monitoring the market closely incase this does not happen, then am also prepared to look for some good projects to buy into for future profits.
Take a closer look at the market, there are always good products. While you wait for the price drawdown, others make money. Nothing prevents you from waiting and buying coins for new projects at the same time.
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Take a closer look at the market, there are always good products. While you wait for the price drawdown, others make money. Nothing prevents you from waiting and buying coins for new projects at the same time.
good advice, while waiting for a price drop that might occur, there's nothing wrong with looking at a new project that may have good enough prospects to buy coins, so that when they are marketed they can get benefits that may coincide with price increases.
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I think the correction is not over yet we should wait for some more time. It's early to say anything now. Once the market starts consolidating then I will consider buying still we don't know the market will drop further or stop here so we should not make haste. If you are planning for long-term holding you can buy at the moment and you should not hesitate or wait because you never know whether you will get a chance to buy again at this price or not.
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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?
Yes i think there are smaller trades to be taken during this correction and i have actually taken some not too big gains but stll good enough like between $2-$5 though I am also doing this with just a fraction of my gains and trying to be careful not to fall into a situation where I might have to hodl my entry for a long time should in case the price dips really hard.
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Lol. Buying the dip is relative. You may think that you have bought into a dip, only for the coin/token to show you a new dip. You can't be absolutely sure where this correction is taking us to. Better to wait…
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I've been averaging into various breakouts for the past month, so a 20-50% fiat dip on coins doesn't change my strategy much. I already sold half of 25% of my positions at 2x recently so fiat value all good, even during this so-called crash, while my trading account is still relatively flat against Bitcoin in the past few days ironically. Against Ethereum (my main trading pair) it's looking amazing to be honest. I none the less averaged into a bit more CRV AKRO as well as positioning myself in UNI. Based on my current entries (against BTC/ETH), it's like I already bought the dip before it happened :)
I'm still holding back about 25% Ether to average more if it goes deeper, or otherwise filling another 10% of positions with Bitcoin profits if goes higher :)
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Well, for me, I think the deep is not here yet, am expecting a significant bear which am hoping might bring bitcoin down to the 30s and 20 thousand dollar range, hopefully, it will get down to this and am prepared to buy in as much as I could, but am also monitoring the market closely incase this does not happen, then am also prepared to look for some good projects to buy into for future profits.
Dips can always be bought if you trade at fast distances. I am sure that bitcoin will come to 20,000, perhaps even lower, but it will not be fast and will have to wait a long time for this. It is much better to buy when the market goes down sharply and sell on the rebound.
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Lol. Buying the dip is relative. You may think that you have bought into a dip, only for the coin/token to show you a new dip. You can't be absolutely sure where this correction is taking us to. Better to wait…
In a calm market, if you can call the crypto market and the current situation calm, a 20% correction is definitely a dip. From then on you can expect even deeper dips but also never again these opportunities.
You decide whether you want to wait or want to access, you can never know for sure.
For me, one thing is certain, but that's just my optimistic opinion.
Since I expect a Bitcoin rate of 100k in the next 2 years and more than 250k in 4 years, it is clear to me that the Bitcoin rate now offers a great opportunity to buy more. That's what I'm calling buying the dips!
Some altcoins are also suitable for long-term, but that is constantly changing. I bought mine, these that I think are irreplaceable and essential in their sector.
I sold the previous top 20 and bought the new Trend Coins, which may repeat itself in 2 years.
And sometimes I also buy tokens to play with in order to make short-term profits. 20% corrections are very suitable for this.
I wasn't always a winner, I also had to learn my lessons first, but now I'm quite happy with what I achieved. The experience gained should not be underestimated either. That's why I don't agree with someone laughing at me like you're trying to do.
Crypto business is and always has been a risky business. And some wait their lives to start. And, if you have decided to start then DYOR and never invest the money you need to live.
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Lol. Buying the dip is relative. You may think that you have bought into a dip, only for the coin/token to show you a new dip. You can't be absolutely sure where this correction is taking us to. Better to wait…
The fact is that under the current circumstances in the cryptocurrency market, it is really better to wait and watch what is happening, but nevertheless, we can get very good chances for profitable purchases.
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I'm waiting for some deeper dips until the price gets stabilizing then that's the right time for me to buy some altcoins because for sure it will recover again. I can hold for long term until the price gets increase.
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The market have been dip currently and lot's of people have been buying the dip, there are lot's of people which are still expecting more dip which is possible but I think this is the right time to Buy but if you are cared and still expecting more dip you can buy in percentage.
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Yes, but not too many, only some. Moreover, this is a dip market correction. Sometimes, I still fear the downtrend in this month and next month.
If I am going to have money, I will buy top in cersal crypto and make it as an investment, I will use it for a long investment.
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Since I like long-term investing, I will buy Tron, Zil, and ADA coins
There is a possibility that the price will experience a bigger correction than today, but if we don't take a little risk, then we can only regret when the price of the altcoin we want rises quickly and regret not buying.
I think if BTC reaches $40k, then the altcoin price will go down and that's where I'll buy some altcoins to keep for 3 years
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I just converted my BNB at around $230, and it is now at $208. I should have made the conversion when the value was at $300 but then at that time I was expecting it to go pump towards the $400 level before making a correction. Unfortunately, the whole crypto market decided to make a dip, and I am expecting that it can go deeper. So for now I am not doing anything with my USDT.
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I haven't bought anything yet and I don't know what it is. But I could do something and I bought it and bought it again and again. Although I have already made a lot of money in the past, I have suffered a lot in recent times.
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I haven't bought anything yet and I don't know what it is. But I could do something and I bought it and bought it again and again. Although I have already made a lot of money in the past, I have suffered a lot in recent times.
What you are writing has no sense at all -1
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There is always a chance that when buying at the bottom (as we assume) there is a chance of getting a second bottom as a gift. As for The Graph, everything below $ 2 per coin seems to me an attractive price, so I bought more on drawdowns and averaged. I also bought some Energi (NRG).
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There is always a chance that when buying at the bottom (as we assume) there is a chance of getting a second bottom as a gift. As for The Graph, everything below $ 2 per coin seems to me an attractive price, so I bought more on drawdowns and averaged. I also bought some Energi (NRG).
Of course, I see the Market is red , we can but at the bottom and hold for several months. But I believe the market will green againa me the price will increase. Believe it about the bullish will happen soon.
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Actually yes.
But it is only for the coins that have strong fundamentals like ETH, BNB, DOT, and also XLM or ADA.
Although this dip era is really hurting because we lose our portfolio, we can pick the positive side by buying the coins as well.
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Yes, I buy some most promising tokens only. I still buy DOT, ADA, and SXP. I think these 3 coins good to hold because they have good reasons to grow up more. I am holding these coins and I plan to sell the tokens if they already increased significantly again. I don't want to cutloss even if the price dropped again now.
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In a situation like this I take advantage of buying back to cover my previous losses. Karan when my bullrun bought at a high price and now the price has gone down.
So that in the current situation I also bought some altcoins for profit and to cover my losses yesterday.
There is no other way but to buy back when the price drops and get our profits back
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There is always a chance that when buying at the bottom (as we assume) there is a chance of getting a second bottom as a gift. As for The Graph, everything below $ 2 per coin seems to me an attractive price, so I bought more on drawdowns and averaged. I also bought some Energi (NRG).
Of course, I see the Market is red , we can but at the bottom and hold for several months. But I believe the market will green againa me the price will increase. Believe it about the bullish will happen soon.
What are your conclusions based on? If it is based only on faith, or in other words, because you want it to be, then if it happens, it will be great, but it is not very suitable for trading as an analysis tool)
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No, me a bounty hunter, dont buy dip talk less of deeper, its your choice you might later have good earning from it, if its otherwise its you, but one thing about crypto is that their is always a future, if you are diping in good projects.
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No, me a bounty hunter, dont buy dip talk less of deeper, its your choice you might later have good earning from it, if its otherwise its you, but one thing about crypto is that their is always a future, if you are diping in good projects.
All clear, bro
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No, me a bounty hunter, dont buy dip talk less of deeper, its your choice you might later have good earning from it, if its otherwise its you, but one thing about crypto is that their is always a future, if you are diping in good projects.
You are funny man.
Simply because you don't hold doesn't mean you shouldn't try it.
I know that feeling when you finally get paid your reward but some of these projects have way of doing well at the end of every quarter. It's better you try it out my friend.
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I just converted my BNB at around $230, and it is now at $208. I should have made the conversion when the value was at $300 but then at that time I was expecting it to go pump towards the $400 level before making a correction. Unfortunately, the whole crypto market decided to make a dip, and I am expecting that it can go deeper. So for now I am not doing anything with my USDT.
When an asset falls, people don't buy it because they think it will fall even lower. It also happens when an asset has increased in price a lot, but people don't sell it because they think the asset will grow even more. You need to know your entry point and exit point, so as not to sit constantly in the market.
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Yeah I bought some bnb when the price was around $230 yesterday and am hoping it was the right decision, next on my buy list is dot and avax, am looking long term and I know this projects has got what it takes to survive and develop to a higher standard
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The altcoins that I supposed to buy did not actually fall to the lowest price I was expecting some of those coins to go down the more so that I can buy so am still waiting for the cryptocurrency market to fall to my level before I can buy in the dips.
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unfortunately all my funds are reserved in some altcoins already, i bought from the dip and didnt sold at top yet so i dont have too much money to rebuy but this is a lesson i should learn from that i should always let a part of my capital to buy in those cases ..
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unfortunately all my funds are reserved in some altcoins already, i bought from the dip and didnt sold at top yet so i dont have too much money to rebuy but this is a lesson i should learn from that i should always let a part of my capital to buy in those cases ..
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When there was a decline yesterday, my assets were only 20% in USDT, I bought other coins and all their values went down. I bought the 20% late, because I am still sad to see my 80% asset drop, because of this decline.
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Yes, I am buying the dips because I think the correction won't last a long time. Then, the prices of all crypto coins to continue increase again. I don't want to miss the chance of buying at low prices. This is a perfect time to buy at the dips, bro.
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Now is a good time to buy altcoins. A temporary small correction is just a pretty good moment. Altseason is in full swing and the deeps are just in time
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Now is a good time to buy one as the price of bitcoin rises so does the price of other altcoins. Currency prices are likely to rise significantly this month great opportunity for those who invest and hold on now to make a profit.
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However, the current market trends show that the price of Sakoo is much lower. It is impossible for an expert to know where the market is going this week. Most women do not feel comfortable in any market.
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Not buying bitcoin and no plans for now Im into altcoin and from my experiences you can profit more on alts than btc search a low cap coin with potential 20x-100x than buying bitcoin at this rate thats too high now to speculate and volatility is also too high so Im more into alts.
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Thanks for sharing your opinions with us. REN is also a good coin. But i want to buy ADA coin for long term. ADA performs well in this bull run. And now ADA( cardano) is at 1$. And it is not a difficult task for ADA to reach at 10$ price. It has a great potential to prove itself a good coin. So, i am waiting for dips in cardano coin
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Lol. Buying the dip is relative. You may think that you have bought into a dip, only for the coin/token to show you a new dip. You can't be absolutely sure where this correction is taking us to. Better to wait…
The fact is that under the current circumstances in the cryptocurrency market, it is really better to wait and watch what is happening, but nevertheless, we can get very good chances for profitable purchases.
The truth is you won't benefit if you don't invest. Even a bounty hunter has to invest, the TIME. The time is not free either, it also costs something.
You can't wait forever either, at some point you have to die.
I didn't want to come across as morbid, but that's also the truth.
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Yeah I bought some bnb when the price was around $230 yesterday and am hoping it was the right decision, next on my buy list is dot and avax, am looking long term and I know this projects has got what it takes to survive and develop to a higher standard
I support your opinion about these 3 coins. If I had even more money I would still have to buy the 3 for the near future. Although not forever, a year for the first time, dollar cost averaging also plays a role for me in crypto. But who knows, maybe even more in pass the time, that always changes.
I bought the others what you can read from my postings, and I have no regrets, it was planned for a long time.
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If we are buying cryptocurrency during the dips is because we believe that crypto will be always promising even in the dip price market or not. This also happens to many people who are looking for new cons that can give us more chances to win and also get the profits.
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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?
I believe this smaller dips are good too to rack up some few profits along the way and not just wait for a big correction. However this can be tricky and you most really know how to do that, else you will end up losing more than you intended. That is what day trading con do, increase your profits or wreck you if you are not careful.
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I think that this thread no longer makes sense. It was made for the largest correction in a year and could apply to the next. Nevertheless, I will now close this thread to make bursts for the new ones.