Buying The Dips: Which coins will surrvive?
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
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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.