Quote from: Ararbermas on Today at 04:18:20 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.

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.

that's why making technical analysis is a must when choosing or buying altcoin wherein in order to have good return afterwards.. Not when you see a coin at the very dip in the market you will buy immediately. Nope it's a big mistake! Because fyi mostly nowadays when it comes altcoin, somehow they cannot guarantee to recover back to the top after hard declined because everytime there's a good emerging coins in the market reason investors prefer to take the advantage especially if there's a hype, what i mean rather than putting again their money to the project where they already made profits because it will take some time again to make good improvement.. That why some of them turn into shitcoins suddenly without knowing..

yea, i agree with you. That's why it's difficult sometimes new coins or altcoins are difficult to develop because it is considered that they are waiting for the time to go up or pump after that they become free, even though the coin provider must be in the form of a company with good liquidity. That's why making new coins requires a lot of capital if it's not a company it will be difficult.