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Message
Best Value in the Dip
Posted on 5/19/21 at 8:24 pm
Posted on 5/19/21 at 8:24 pm
Have been keeping some cash on the sidelines for a while and researching crypto and reading here for about a year. This dip is starting to look pretty solid to me. So, you old hats, what do you like best at current pricing thinking short term, like summer/early fall where the previous cycles suggest the run may top out. looking for 3-5 total projects and would be ecstatic at 2-3x off this drop. Also understand tax implications. just curious about where y'all would go.
ETH
LINK
BNB
ADA
CAKE
THETA
VET
or other.
Also, i know BTC long term, but just thinking shorter here
ETA: changed shitty first title
ETH
LINK
BNB
ADA
CAKE
THETA
VET
or other.
Also, i know BTC long term, but just thinking shorter here
ETA: changed shitty first title
This post was edited on 5/19/21 at 8:58 pm
8
Posted on 5/19/21 at 8:28 pm to adamau
You aren't going to know exactly where the bottom is unless you have a copy of Gray's Investing Almanac.
If the dip created a good buying opportunity, jump on it.
If the dip created a good buying opportunity, jump on it.
Posted on 5/19/21 at 8:29 pm to Bestbank Tiger
I'm not hunting the exact bottom, just curious what some of y'all, who are way smarter than me, think has best value at current pricing.
Posted on 5/19/21 at 8:38 pm to adamau
Don’t do what I did. I bought Chainlink at $29 bucks today, it’s currently at $23.
Damn.
Damn.
Posted on 5/19/21 at 8:52 pm to adamau
BTC currently in 30s would be an excellent short term bet to 2-3x.
Posted on 5/19/21 at 8:56 pm to adamau
LINK
ETH
LINK is about to have a hot girl summer
ETH
LINK is about to have a hot girl summer
Posted on 5/19/21 at 9:01 pm to adamau
Buy things you can get a lot of. For example, I made thousands just by playing the swings on GRT, Crypto.com coin, Polkadot, ADA, and others. But I bought into a lot of these when they were fractions of the price even now. Polka I got in at 4 dollars I think. GRT I got in before it was listed on CB. That would be my strategy to make money, but god does it suck to make a trade and then stare at the screen the rest of the day wondering if you sold at the right time.
If you are going to do dollar-cost-averaging, just buy ones with proven track records, like most of the ones you mentioned.
If you are going to do dollar-cost-averaging, just buy ones with proven track records, like most of the ones you mentioned.
Posted on 5/19/21 at 9:06 pm to adamau
IOTA
Posted on 5/19/21 at 9:11 pm to adamau
You really can't go wrong in ETH, LINK, BNB (as long as Ethereum network is congested, BSC is going to continue to flourish), ADA, or VET.
When the market gives a fire sale like the dip we saw today, you can basically take your pick of the top 10 (besides doge...) and come out ahead in a week, assuming the dip corrects back up.
When the market gives a fire sale like the dip we saw today, you can basically take your pick of the top 10 (besides doge...) and come out ahead in a week, assuming the dip corrects back up.
Posted on 5/19/21 at 9:13 pm to Hulkklogan
quote:thank you for the clarification.
assuming the dip corrects back up.
Posted on 5/19/21 at 9:19 pm to jimbeam
I have “puke” limit orders for ADA, DGB, and VGX about 75% below the current prices.
Posted on 5/19/21 at 9:41 pm to jimbeam
Hey, you never know what people are thinking 
Posted on 5/20/21 at 6:57 am to adamau
quote:
I'm not hunting the exact bottom, just curious what some of y'all, who are way smarter than me, think has best value at current pricing.
Your guess is as good as ours in the current climate.
Just don't use money you might need in the next six months. That way you don't NEED CASH NOW during a dip and have to sell at a loss.
Posted on 5/20/21 at 7:42 am to Hayekian serf
quote:
FSLY
Where have i heard this before? My biggest loser by a mile
will hold and hopefully in a year or two i recover some .Posted on 5/25/21 at 11:02 am to adamau
The main thing is to wait for the moment. It doesn't matter if it rises or falls. The main thing is to keep your hand on the pulse.
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