Post
Topic
Board Trading Discussion
Re: Keep calm and buy the dip! Told yah.
by
Fatunad
on 17/08/2022, 21:56:51 UTC

In a normal circumstances, an average trader knows quit well that cryptocurrency investment is something you will go directly to purchase when it's in the dip market. I understand that cryptocurrency have a particular face and duration foe investors to in, in order to invest and also make sustainable profit per investment. I will say that it's the reason why people do adventure in the investment immediately the market is at dip.

But I think that doesn't apply to all coins or tokens. You have to be careful, there are coins that go down continuously even to the point of scams. In fact I experienced that, this is because there are currently so many coins/tokens circulating in the market. You have to be meticulous. Indeed, when the price is below that the opportunity increases the number of coins and increases profits. Not all token coins will be able to reach past the highs they made. So I think you should choose a specific coin to invest in long-term or trade short-term. 
Buying the dip won't be advisable when it comes to new projects and nonestablished altcoins. It will only work for altcoins with a strong foundation and which has been through different market situations and survived. Some altcoins drop their price and don't survive since they have weak resistance against the bearish market so it would be better to trust well-established altcoins.
It would be still considerable as long you do make your research and then making some considerations on investing on projects which you do see that does have potential and its your call
whether you would really be taking up risk or not but in overall it would be worth if you do consider on buying the dip into those projects or coins on the market which had been established through time.
Speaking with bitcoin then there's no doubt about potential and possible price movement in the future but with other projects in the market? It cant really give out that assurance.
Keeping yourself calm on a bear market is no joke or not really that simple but once you do have that experience then it wont really be that an issue.