"Be fearful when everyone is greedy. Be greedy when others are fearful."
"Buy the dip"...
We all heard these cliches right?!
Sounds like a foolproof strategy, right? Well… only if you actually know what you’re doing. You have to choose the right coins for dip buying.
Sure, buying the dip can work, but context matters.
You don’t just blindly throw money at any random falling knife and hope it magically turns into a diamond.
Imagine the poor souls who kept buying more and more LUNA or FTT as they crashed, thinking they were getting a bargain.
Spoiler alert: they got rekt. Many lost everything because they didn’t stop to ask a simple question-why is this coin falling in the first place?
The same thing happened with people who FOMO’d into RUNE without any proper research.
So before dip buying remember these things -
✅ Find out the actual reason of the fall .
Is it just temporary panic, or is it something serious-like war, legal troubles(XRP) or a shady CEO disappearing with funds?(FTT)
✅ Select the large cap coins.
They’re like cockroaches- surviving everything and recovering faster than most.
✅ Check if there's any fundamental issues with the coin or the project. You don't want to dip buying coins like FTT or Luna!
✅Buy in parts . Don't deploy everything at once .