Hello All,
I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.
Any help is appreciated.
The best way to make profit is to buy at dip and sell higher, no newbies will see a market so high at this time in Crypto market and still went ahead to buy in that's pretty stupid to even have such idea.
That is the basic lesson of trading, but unfortunately, we can not always get the low price because sometimes we miss the chance to buy at the dip. We need to analyze more to find the dip, and that is not as easy as it says because the dip will not stay for a long time, so we need to buy fast when the price is at the dip. The other problem is sometimes we think that the price now is at the dip but the fact, the price can go down for more, so be careful to analyze to find that dip.