Big Discounts on Bitcoin, Ethereum and Big Eyes! Top 3 Tips to Buy The Dip In Crypto

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

The price of Bitcoin (BTC) in recent months has moved like Wile E. Coyote. It went sideways for a while, but then the FTX collapse happened. I imagine it was a moment for Bitcoin like when Wile E. Coyote looks at the crowd for a moment before quickly plunging to the ground.

In this article, I will go over the top 3 tips to successfully navigate the post-crash market and buy dips on cryptos like Bitcoin (BTC), Ethereum (ETH) and Big Eyes (BIG) to maximize your profits. Do you have nachos ready? Because it’s time to buy the dip. I will show myself for it.

Tip 1: Don’t be afraid!

The most important thing is not to be scared and discouraged from buying when everyone else is running screaming from the market. Due to the movement and belief in decentralization that cryptocurrency has sparked, we believe that crypto is here to stay, and is only on the way up after the wounds of the FTX crash have healed.

Naturally, it’s very easy to invest when everyone is hyping up cryptocurrency in a bull market, but it’s the worst time to buy because of massively inflated prices.

The key to buying low and selling high is to go against what the majority of people are advocating in the market. If the majority of people are saying stay away, and demand is super 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 majority of people who fear in the crypto space, you should also keep your wits about you and do your research to make sure you don’t end up with a permanently sunk crypto.

It’s called a dip for a reason – the drop in price is temporary, and the price will go back up. FTX’s native token FTT is currently trading around the $1.50 mark. It had about $25 before the crash. Even if the FTT is sharply reduced, this will not be buying the valley, as it is unlikely that the FTT will ever reach its previous levels again, or increase significantly at all. This would be buying a dead crypto.

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

Tip 3: Invest in new coins as well as established ones

A Bitcoin (BTC) or Ethereum (ETH) investment is a very safe bet, but it is unlikely to bring you a significant amount of profit, since these coins have already experienced most of the growth. There is still room for growth, but if in the next bull run Bitcoin reaches its all-time high, it will be around a 417% increase from the current average trading price. However, you are not likely to reach the incredible gains of 8736% that you would have received if you invested in Bitcoin before 2017, when it traded below $1000. Investing in coins early is the key to actualizing astronomical gains, especially in the meme coin space. Early investors of Shiba Inu (SHIB) have seen gains of 14,044,998%, so getting into cryptocurrencies early can be the difference between making good profits and never having to work again.

This is why you should look to invest in new coins as part of your portfolio when buying the dip, 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 to make a real difference in the world. 5% of all tokens will be donated to marine sanctuaries, to protect marine life from increasing ocean pollution.

Final thoughts

With these tips, we hope it will help you make the most of this bad situation crypto is in right now and pick up some cryptocurrencies at a massively discounted price. If you’re still struggling with the specifics or timing of buying the dip, another option is something called Dollar Cost Averaging – where you regularly invest a fixed amount of money in an asset. This means you don’t have to worry about the timing of your purchases and makes the whole process much easier.

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