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!
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/
It is very difficult to know an end to trend and we can only take advantage of dip that is when traders decided to take profits. Because the trend has not ended there are needs that you do places stop loss order. Remember that trading is risky and protecting your capital is one of the right things to do if you want to succeed in trading.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!
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/
When the price is going up, traders start to collect profit and at some point price reach it`s top. Sell of leads to a drop in price and drop of the price leads to a dip. The dip is the moment when selling stops, people are buying, demand is going up and the price is going up again. To buy the dip, first you need to know what is a dip.