Buying The Dips: Which coins will surrvive?

in #crypto7 years ago

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This is not the first time BTC, as well as the whole crypto market, is falling back to earth. Newbies may be scared, but I'm sure that most of the experienced crypto enthusiast will more likely see a good opportunity to get some new cheap coins, rather than loses. Anyway, I do...

And though buying the dip is a pleasant thing, we should be extremally careful, since not all the coins, especially new ones may survive the dip. A safe decision would be to invest in Bitcoin and top alts like Ethereum, Stellar or STEEM (my favorite ones). But when "super-duper" coin falls in price, there are no guarantees that it will recover since people may easily switch "super-nova" coins during the next bullish market. But while the risks are high, the expected gains from less-known alts may be much higher, so I prefer to do some research and buy some useful and underrated coins and tokens, too. And today I would like to share some of them with you.

Lympo

I've mentioned this project many times before, it did +350% ROI since ICO and continues rising even during the bearish market. Lympo's team working really hard making usual updates and events, so I hope to see LYM token in top 100 very soon and expecting higher gains when crypto-market will turn into the bullish road.

Copytrack

Copytrack's goal is as simple as creating a global platform form copyright registration, no doubts that blockchain is the best solution for this problem and that the project has all chances for success. Currently CPY token is trading for -82% of ICO price, maybe the reason was the unsuccessfully chosen time for the ICO. But considering the number of big venture investors they have and the hard work of the team, I think the price will recover very soon.

BlockCAT

Another underrated token, which I heard about from CoinStats review. BlockCAT's goal is to provide an easy-to-use tool for tokens creating and management. I'm sure this kind of platforms are the future and BlockCAT has all chances to take one's place in that future.

That's all for now, friends, thanks for reading, following and upvoting :)
I'll try to make the second part and share more projects very soon ;)
Please feel free to leave a comment and share your opinion about these projects and about others, which seems promising to you.

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95% of them will not.

Continue to buy the dips cause eventually it will pay off

No doubt, this market is going to explode the second half of the year. Once the big institutional money starts dropping billion dollar bombs on the market.

My break of the Feb lows has a target of a 4000 break. That is when bitcoin has dropped over 80% of its value from the peak and where we likely bottom. I believe taking out 10k with this rise only prolongs this consolidation period of months and would be the worst thing that could happen. Bitcoin has not and will not bottomed until we get capitulation bottoming action, not front running of support.

What happens there Matters!

Thanks for the useful info.

Interesting article, thanks for sharing. I've smashed the upvote button for you! Hodl on and buy some dips, i find too many people these days are throwing a lot of cash at dips, be sensible!

Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.

I'm in it for the long run. I look at the dips as a Opportunity Because I was late getting into bitcoin I just started last year so any dip is great buying Opportunity. And my country just started accepting crypto currency as a payment.

As Bitcoin heads towards $4800 and maybe even lower, Bitcoin dominance will increase and alts will suffer. Find safety in Bitcoin or Tether or the Dollar. IMHO

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7123.050$-3.41%-14.9%
ETHEthereum521.060$-9.07%-25.02%
LYMLympo0.101$2.81%11.01%
STEEMSteem2.094$-16.72%-31.45%
XLMStellar0.252$-9.08%-20.22%

Thank you! you shared with us some useful tools here! I'm new in all this cryptomarket world so I'm one of those scared newbies. Hopefully it will recover soon.

Many experts adopt the same strategy in Equity market also they say that you should hold stock which are fundamentally strong

NEO is also a good investment, especially with more projects surfacing through its blockchain. Plus, you receive GAS by storing it on the wallet.

what a good post friend, really thank you very much, it is very good to have information to not risk and lose and more in a market as changing as the cryptocurrencies

Keep buying because Summer is coming!!! June has always been a good month for crypto.

Yep, the previous one was really good :)

Yes, so I hope everybody have fill their bags:)

Cyber Miles
Screenshot_6.png

Thanks for reply, mate, I'll check it out!
Also, I'm curious which tool is on the screenshot? :)

Thank you for the guidance and encouragement. I am new at this so I found your article helpful.

Got no funds and a trip coming up but I am following the markets as best as I can.

Since this is an under-rated token post..... how bout some Horizon State (HST), AdToken (ADT), Substratum (SUB), 0x Protocol (ZRX)

SUB and ZRX already did good, I think they are already well-known, and not sure if they are still underrated. But I promise to check out HST and ADT :)

Yes... you are right...some coins are going to succeed and some are not... unless you are day-trading - you should do some research and somehow we have to make decisions for ourselves. Shit this independence and self-reliance stuff is hard isn't it? bahahaaha

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You got a 14.65% upvote from @brupvoter courtesy of @andhovesyan!

I recalled that you wrote essay about it in few months back.

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Thanks for sharing the coins.

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What about 'unrecoverable accounts'? This is a very serious and tragic problem that no one wants to talk about or has not yet considered.

https://steemit.com/crypto/@stephenthorburn/crypto-bombshell-cryptocurrency-s-dirty-little-secret

Dips are an opportunity, especially if you were late getting into crypto. I try to pick up more every time it goes "on sale."

I really like your thinking...after dabbling with trading and charts - certainly no expert - I have come to the conclusion that I like buying the dips more... also looking for coins that have an interesting concept is a great idea for investing. Upvoted you - thanks for the article.

 7 years ago (edited) Reveal Comment