Most crypto enthusiasts are familiar with the infamous term ‘’buy the dip’’, but what does this mean? For those who have not been investing in crypto for a long time, buying the dip has long been done in all forms of investment and trading. The term describes investing when prices are low and selling when they are high.
This seems to be an obvious answer as it makes the most profit in any scenario. For example, in sales, you purchase items from a wholesaler and sell them at a slightly higher price to gain profit for being the middleman. Though there isn’t a middleman in crypto, it works similarly.
There is one significant difference however, as crypto is highly volatile, you have to research markets and cryptocurrencies that are ‘’dipping’’. This is to ensure the ‘’dip’’ is only temporary and doesn’t lead to a long-term decline, making you lose out on profit.
This piece will help you target a few cryptos that are in their ‘’dip’’ stage and explain why they are great investments for the first quarter of 2023. Some of those dipping are PancakeSwap (CAKE), Polygon (MATIC) and Big Eyes Coin (BIG).
Big Eyes Coin Is A Presale Coin Close To Launch Date; Get In On It While You Can!
Big Eyes Coin (BIG) is an up-and-coming meme coin that is currently in the ninth stage of its presale. Though its presale has only been live for a few months, it has already raised over $16 million. It brings a new take on the meme coin, opting to use a cat to represent the coin instead of a dog, thus, creating more buzz.
Big Eyes Coin (BIG) is set to launch by the end of January if it makes an extra $12 million and will launch immediately if that number hits $51 million. Big Eyes Coin (BIG) is offering a massive 200% bonus at the checkout to those who use the code LAUNCHBIGEYES200! Though it has not launched yet, it can still be seen as in somewhat of a ‘’dip’’ stage. As it is to launch soon, prices will dramatically increase and make it more expensive, so make sure you buy now and gain 200% extra tokens!
Polygon Is Dipping Constantly This January
Polygon (MATIC) is a popular cryptocurrency that operates using the Ethereum blockchain. MATIC, the native token of Polygon (MATIC), is an ERC-20 token. Polygon was launched to connect and grow Ethereum-compatible projects and blockchains. It has many benefits, including but not limited to fast transaction speeds and low transaction fees. Polygon (MATIC) also offers increased flexibility compared to Ethereum (ETH).
Crypto is generally experiencing a good year so far, Polygon (MATIC) included. However, Polygon has seen a few blips and small dips. This is the best time to invest in Polygon as it has repeatedly gained ground back after these small dips this January, making it the prime candidate for ‘’buying the dip’’.
Buying the dip is challenging to wrap your head around, but it is often the best strategy for making money in crypto. Big Eyes Coin (BIG) and Polygon (MATIC) are the top two investments for this strategy in Q1.
For more information, follow the links below:
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL