I had NO Capital to invest and now the BIG DIP is GONE. What I saw and Learned.
I knew it was coming. My team said it was coming but yet I really couldn't do nothing about it because my funds were already tied up. I mean I could have sold some of my coins but they are really long term investments. I was able to make wishes on what I wanted to buy on the dip. Tron was number 1. It had dipped just a tad below my buy in price .05. I told myself I would by some more if I had the money and guess what? Tron jumped back up to .08. Right now it has a 42 percent gain. My second choice would have been XLM. When the market was up it had provided me with good returns. I knew that the dip wouldn't last and that XLM would have given me a great return again. Right now it has a 8 percent return. I'm already double my profit since the initial dip. My last coin I would have bought would have been BTS. My team still had it as a buy up to price and I knew in the long run getting it at a low price in the dip would benefit me a lot. In all I learned from this moment it time and feel stronger going into 2018.
I saw the big drop and I was like wow.. I wish I had money to take advantage of this opportunity. I know people that said this would happen. But, now that it has... I should have taken it seriously.
hind sight is always 20/20. Don't punch yourself over a bit of missed profits , there's plenty of opportunities.
Agreed, I not going to beat myself over it. There is plenty of opportunities ahead. When big money enters the market at the end of this year. Our investment are going to blow up!
If history of Bitcoin and other coins has taught us anything, there will always be another dip for you to buy. It's a trading cycle, Bitcoin rallies and people make stupid money and during this phase alt coins usually suffer.
Then once the Bitcoin run has run its course, traders cash out and buy into a low volume hype coin which is easier to manipulate because it takes less BTC to move a low volume coin up and down (whales).
This phase of altcoin growth can vary in duration, we saw an explosive growth run towards the end of 2017. I think now we're seeing the beginnings of another Bitcoin run where alts will drop, Bitcoin rallies and sets a new all time high, traders cash out and: rinse, lather, repeat.
I wonder if next year will there be this trending big dip or will big businesses alter that?
I missed that dip for the same reasons. Now there's another dip and my monies finally arrived to coinbase. I'm not going to miss out this time!