Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❓ASK How do you know when to buy the dip or when the get out?

AudraMiller

Sapphire Member
LV
0
 
Joined
Sep 24, 2020
Messages
7,707
Reaction score
170
Points
150
Awards
1
BMF Points
$4,888
Rating - 100%
2   0   1
The hardest thing to decide in any cryptocurrency space is whether you should actually just buy more coins when the price drops, in order to lower the average cost of your coins and benefit from future rises in its value, or if you should rather try to cut your losses and sell of the coins. The question that I have however, is how do you tell the difference between a market crash that could not recover and a market dip. There are some coins that dip in value and never recover and there are some that recover almost immediately. How do you tell which is the case in a coin? Also, how do you tell when the dip has reached its lowest value? Which tactics do you make use of?
 
that's a really good question. I'm not able to predict when the price is about to increase but when it's about to decrease can be predicted, if the price goes down below 30% from 24hours ATH then it probably just goes down and down.
 
I think to know the dip , when you see a coin rising on a bullish run for long just know that there would soon be a dip where sellers would sell of. ,so you calculate a 20% or 10% fall depending on the coin
 
The hardest thing to decide in any cryptocurrency space is whether you should actually just buy more coins when the price drops, in order to lower the average cost of your coins and benefit from future rises in its value, or if you should rather try to cut your losses and sell of the coins. The question that I have however, is how do you tell the difference between a market crash that could not recover and a market dip. There are some coins that dip in value and never recover and there are some that recover almost immediately. How do you tell which is the case in a coin? Also, how do you tell when the dip has reached its lowest value? Which tactics do you make use of?
I think the best way to know a slight dip maybe for trading active trading purpose is by comparing hourly price changes of that crypto. But for investment purpose, the best way is to check last hour, day, seven days, and fourteen days price changes of that coin and you would know whether the coin is dipped or bullish.
 
I think the best way to know a slight dip maybe for trading active trading purpose is by comparing hourly price changes of that crypto. But for investment purpose, the best way is to check last hour, day, seven days, and fourteen days price changes of that coin and you would know whether the coin is dipped or bullish.
This is a good method to check if you should invest in a coin or not. To be honest, there was once a coin that I had invested in that was the same price range for 3 months post me makign my investment, and upon investing in that coin the value dropped by close to 80% in the next few days. Honestly that was bad luck in my opinion and I incurred major losses there.
 
This is a good method to check if you should invest in a coin or not. To be honest, there was once a coin that I had invested in that was the same price range for 3 months post me makign my investment, and upon investing in that coin the value dropped by close to 80% in the next few days. Honestly that was bad luck in my opinion and I incurred major losses there.
You know it's not only the price changes that you check out when investing in any coin. I suggest you always make more research about the coin in general, check their missions and visions and now check the price changes too before investing.
 
You know it's not only the price changes that you check out when investing in any coin. I suggest you always make more research about the coin in general, check their missions and visions and now check the price changes too before investing.
Thank you for the advice. To be honest I have not spent much time checking the vision and mission of a coin, but now that you bring it up this will be very important to check. I think another factor to consider is the trade volume as well, so that you can see how many people are involved in the buyer/seller market of that coin.
 
Thank you for the advice. To be honest I have not spent much time checking the vision and mission of a coin, but now that you bring it up this will be very important to check. I think another factor to consider is the trade volume as well, so that you can see how many people are involved in the buyer/seller market of that coin.
Yeah, trading volume is also important to check. Also be careful with tokens that liquidity is provided by investors, those tokens are the tokens that commonly drop by 90% just within a very short period of time.
 
Your questions is tricky, not even a professional can give you exact answer. Because market volatility is unpredictable, so try and check the past performance of the crypto and that will help you decide whether to buy or sale.
 
Hi , i have a question ? i have not heard about dip ? what is it ? if it is a kind of crypto currencies , is it old or new one ? is it has a good project , i mean is it has a future .
 
For me it's.. how much your budget is and how much profit you wanted to get. Im thinking about my limit. How much will i sell it for no exceptions even if it still can rise
 
Yeah, trading volume is also important to check. Also be careful with tokens that liquidity is provided by investors, those tokens are the tokens that commonly drop by 90% just within a very short period of time.
Thanks for the tips. I have seen coins drop by such drastic percentages in a single day, and I have noticed that there are coins that offer incentives such as daily percentages or interest, and those are generally the ones that end up falling faster than normal coins because people sell off the coins they earn on interest.
 
Thanks for the tips. I have seen coins drop by such drastic percentages in a single day, and I have noticed that there are coins that offer incentives such as daily percentages or interest, and those are generally the ones that end up falling faster than normal coins because people sell off the coins they earn on interest.
Yes, those coins are based on decentralized finance (DeFi) and they are the coins l said the investors provide the liquidity. That means if an investor is withdrawing his fund from the liquidity pool after he felt he had made much interest, then the coin will lose strength and eventually collapse if the people selling are too many.
 
It all revolves round the coin you are buying . If it is a new coin , buying the dip in some cases is not really quite encourage unlike when buying for a top coin
 
For me, I only buy dips in coins that have a history or rising after experiencing falls, like the case of Bitcoin.

For new coins, I prefer not to take the risk.
 
Yes, those coins are based on decentralized finance (DeFi) and they are the coins l said the investors provide the liquidity. That means if an investor is withdrawing his fund from the liquidity pool after he felt he had made much interest, then the coin will lose strength and eventually collapse if the people selling are too many.
What I never got however, was why not sell a portion of your invest and continue to get interest. That way you are able to have a good market and profit quite a bit as well because there are a lot of people that will want to benefit from that profit as well. But these major sell offs are what do not promote a good buyer/seller market for a coin and can drive it to a dead coin very fast.
 
What I never got however, was why not sell a portion of your invest and continue to get interest. That way you are able to have a good market and profit quite a bit as well because there are a lot of people that will want to benefit from that profit as well. But these major sell offs are what do not promote a good buyer/seller market for a coin and can drive it to a dead coin very fast.
Those major sell off are always from big investors and they indirectly always control crypto currency market so they do what they feel is good for them. The better option for us is to always act fast and sell some to secure our investment capital before the dump starts.
 
What I never got however, was why not sell a portion of your invest and continue to get interest. That way you are able to have a good market and profit quite a bit as well because there are a lot of people that will want to benefit from that profit as well. But these major sell offs are what do not promote a good buyer/seller market for a coin and can drive it to a dead coin very fast.
I don't believe in selling at each significant rise. There was this coin that I had which worth $200 in January ,by February first week , it increases to $400 ,and yet I didn't sell . Now it worth $2000
 

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.