Post
Topic
Board Trading Discussion
Re: How to Buy The Dip
by
guoyu78
on 22/06/2019, 06:30:50 UTC
Hello traders!

I hope the previous trading guide was very useful for you and I know that this will also come in handy!

A lot of people want to jump in when they see the price has fallen down! But not always they choose the perfect moment. Well, you have to do your research because the price might still go down when you buy!

Trust me - I know this stuff, I bought Bitcoin when it fell to $13 000 from $20 000 and thought, YES!!!!!! This is my chance! Also, my dad transferred me $3 000 to invest in bitcoin and ethereum. Because I said that this is the lowest point!  Roll Eyes

You all can understand how that turned out for me...

So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/

You know what buddy, the market was still unpredictable and its hard to say what could b the price in the market.
So the only things I could suggest is sell when most of the traders are doing it to sell their coins then
buy when many of them are buying altcoins while its volume increase in the market too.
This is also a good strategy, but one has to ensure he buys few coins that can easily be monitored and toggled in-between as fast as possible when trading with them, because if we follow your rule, there are some pumps that dumps so fast and before you get to the chance to sell, the value has already gone so low, and same as some coins that pumps so fats, before you get to buy, the price is already hitting the peak if you are not fast enough.

It is better to trade coins that can still be managed which should be some great coins like Bitcoin and some few other coin the top of coin market cap or exchanges that are reliable and trustworthy to hold coins that are not artificially pumped but organically pumped.