Quote from: The Pharmacist on June 21, 2016, 02:40:52 PM

Quote from: Aki4real on June 17, 2016, 01:05:39 PM

Quote from: tmzn32 on June 17, 2016, 12:46:22 PM

Lol sell your eth, the bottom on that premined ipo scam is gonna fall out and spill blood on the streets.

Im pretty sure I should buy when there is blood in the streets Grin

Right, IF what you're buying is worth buying to begin with. Sometimes things get slaughtered for a reason. Would you have bought Enron stock back in 2001 just because it was cheap?

If you are going to buy then you should buy the dips and sell the pumps. However that strategy doesn't always work like during the dotcom bubble dump. Eth might be headed permanently downwards, so be prepared to sell fast if it gets close to your buy in price.

Quote

Like all trading strategies, buying the dips is not a sure thing, because some stock price drops are due to negative changes in the underlying company's fundamentals. For example, investors who followed this strategy around the bursting of the dotcom bubble may have lost a lot of money because many internet companies lacked a proper revenue-generating business model.