To be honest, this present dip situation where all prices got low has taught me that, as an investor planning and waiting to buy the bottom of top crypto currency tokens, you need to have in store lots of tusd or usdt or stable coin to achieve that.
The rate at which to buy bitcoin from local fiat notes increased immensely during this dip, making it hard to buy btc or eth.
Who else noticed such occurrences?
Do you think, holding up stable coins as the proper way to prepare for an investment schedule??
I think you should have both if you want to rip off some profits out of this. Cause we never know when the market will go up and down unless we are watching it or closedly monitoring the prices. Anyway what I can see here is that most of the users have been on the btc side where they didnt expect this to happened also resulting to rekt.
It's a normal of demand and supply. Price will Increase when demand is high and supply is low. No good investor will sink all his/her funds in any invesment at once. There will always be a backup plan if the worst happens and how to cut loses also.
This has different scenario, the market plummeted due to different cases, a sudden whale moved funds, corona virus panicking and manipulations that has been done by other people.