Investor's and the Dip, The Cryptocurrency saga (DYOR)

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It is not looking good right now in the cryptocurrency market, particularly because the market itself keeps going down and up frequently, which alone has caused a lot of fear in the minds of many investors as to what they should do right now. Another funny thing about the market right now is the fact that predictions are also failing, which has also caused a lot of fear in the minds of thousands of people and has also allowed crypto critics to come forward.

I don't think this is the best time for any young or new investors to enter the market because it has given them a false perception of what the cryptocurrency market can occasionally bring, but on the other hand, this is definitely a better way of learning. A lot of contents have been written during this period, and many suggestions have been given to everyone holding a coin or the other. Most users are now in the decision-making stage as to what they ought to do during this period.

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This was one aspect of the market that I still struggle with, especially when you decide to buy the dip with the belief that you have purchased the biggest dip only to see that the dip also gets dipper. Another scenario is when you buy the dip and it goes up, only to wake up and see that it has gone up more than the rate at which you purchased a first.

Currently, nations like El Salvador and others who have accepted cryptocurrency as legal cash will be experiencing something. especially those who have been using it ever since it was first introduced. I want to think that there is a group of people who first reject this theory. Based on the current downturn in the cryptocurrency market, this has, in my opinion, given them a platform to insult those who supported the project once it was announced to the nation.

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Buying Dips but still losing more money.

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Our thinking has changed from purchasing the dip to reaping the rewards in these modern times. because the slump can perhaps go deeper than anticipated.

Since some people can't resist the point at which the dip gets deeper, it appears that no one is even considering what the dip is at the moment. This is actually causing a lot of worry and confusion in the minds of many investors right now, and to be honest, it gives people who oppose cryptocurrency as legal cash a way to outwit those who have made significant investments in it. But who is to blame for this?

Additionally, the philosophy associated with buying the dip appears to be failing right now as our common perception of purchasing the dip as a recent development. You purchase the drop in the hope that the market would strengthen the next day. But at the moment, purchasing the drop appears to be different since it continues to decline even after purchase.

Every part of cryptocurrency is now struggling. Even the NFT community is now experiencing some heat. As we reenter the Red Sea, everything now appears to be under the rule of another pharaoh. After briefly regaining strength, Bitcoin and the market fell back into the abyss days later. Since all of this is happening at once, I'm beginning to wonder whether I even need to buy the dip.

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Everyone has right to their opinion

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Regardless of the naysayers, I will continue to state that those who don't understand the token's rate of growth are the ones speaking. This, in my opinion, is not the first time that the cryptocurrency market will be heated by this. There have been previous bear runs, and there will likely be more in the future. I'll be very honest here and say that if you purchase the dip and it drops any further, people will undoubtedly make fun of you.

Take it or leave it; if purchasing the dip is the best course of action at the moment, stick with it without considering what others or those who don't believe in it will say. No matter what, be sure the amount of money invested in the dip is exactly what you can afford to lose because the dip may always drop lower.

Remember that the group of people that criticize cryptocurrency are usually up to something. Due to the fact that when you sell what you are holding, you lose more money than when you bought it, their best advice will be to avoid buying the drop.