Quote from: perfect999 on August 24, 2021, 05:39:18 AM

Quote from: firmino10 on August 23, 2021, 07:27:29 PM

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.

True, unless there is a certain Elon Musk to lift those shit coins from the blue. Buying the dip is more appropriate for coins with a big market cap such that the chances of a collapse don't exist while the value always lies in the future. Buying the dip doesn't always mean that one should buy just any coin during a bear run because some coins might become dust after the bear run is over.

Quote from: RussianEnglishTranslation on August 24, 2021, 03:56:58 AM

As long as people are mining them, and there is a community behind them, they will survive regardless of what happens with Bitcoin.

I agree for the point of stronger community. Without supporters, I believe that no coin could survive. Obviously more people will support only good coins and this is the reason what OP is trying to emphasize here is absolutely a real fact.

indeed, coins with good reputation and brings benefits by many is hard to take down because its already mass adapted and appreciated, it's true that the fate of a coin in crypto world depends upon the support of the community, without the supporters the coin is nothing and will not survive.