Big discounts on Bitcoin, Ethereum and Big Eyes! Top 3 Tips for Buying The Dip In Crypto

Wile E. Coyote running off the edge of a cliff is always okay until he looks down. Always. Then he realizes that he has no ground beneath him and begins to sink.

Bitcoin (BTC) price has been moving similarly to Wile E. Coyote for the past few months. It went sideways for a while but then came the FTX collapse. I imagine there was a moment for bitcoin, like when Wile E. Coyote looks towards the audience for a moment before quickly falling to the ground.

In this article, I will share top 3 tips for successfully navigating the post-crash marketplace and buying the dip in cryptos like Bitcoin (BTC), Ethereum (ETH) and Big Eyes (BIG) to maximize your profits . Have you finished your nachos? Because it’s time to buy the dip. I will show up for it.

Tip 1: Don’t worry!

The most important thing is not to get scared and put off by everyone else running away from the market screaming. Because of the movement and belief in decentralization that cryptocurrency sparked, we believe crypto is here to stay and only on the way up after its wounds from the FTX crash have healed.

Of course, it’s very easy to invest when all cryptocurrencies are bullish, but this is the worst time to buy due to massively inflated prices.

The key to buying low and selling high is to go against what the majority of people in the market advocate. If the majority of people are saying to stay away and demand is very low, that’s a good sign that it’s time to buy the dip.

Tip 2: Stay away from dead cryptos!

While you shouldn’t listen to the fear mongering of the majority of people in the crypto space, you should also keep your sanity and do your research to ensure you don’t end up with a permanently bogged down crypto.

It’s called a dip for a reason – the price drop is temporary and the price will go back up. FTX’s native token FTT is currently trading around the $1.50 level. Before the crash, it cost about $25. Although the FTT is now heavily reduced, this would not buy the decline as there is no way the FTT will ever return to previous levels or even increase significantly at all. This would be buying a dead crypto.

Investing in the most established cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP (XRP) and Cardano (ADA) would help you avoid the risk of pumping your hard-earned cash into a dead-end token.

Tip 3: Invest in both new and established coins

Investing in Bitcoin (BTC) or Ethereum (ETH) is a very safe bet, but you are unlikely to make a significant profit as these coins have already experienced most of their growth. However, there is still room for growth if Bitcoin hits its all-time high in the next bull run, it would be an increase of about 417% from its current average trading price. However, you probably won’t achieve the incredible gains of 8736% that you would have made if you had invested in Bitcoin prior to 2017 where it was trading below $1000. Investing in coins early is key to realizing astronomical gains, especially in the meme coin space. Early investors in Shiba Inu (SHIB) have enjoyed gains of 14,044,998%, so getting into cryptocurrency early can mean the difference between making nice profits and never having to work again.

For this reason, when buying the dip, you should be careful to invest in new coins as part of your portfolio, but you should only look at the new coins with real potential. Big Eyes (BIG) is one of these coins. It has incredible potential for growth and making a real difference in the world. 5% of all tokens are donated to marine protected areas to protect marine life from increasing ocean pollution.

Final Thoughts

With these tips, we hope they will help you make the best of this bad situation crypto is in right now and get some cryptocurrencies at a heavily discounted price. If you’re still struggling with the specifics or when to buy the dip, another alternative is what’s called dollar cost averaging — where you invest a fixed amount of money in an asset on a regular basis. This means you don’t have to worry about timing your purchases and makes the whole process that much easier.

Big Eye Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Disclaimer: This is a paid publication. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of any information available in such content. Do your research and invest at your own risk.

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