Post
Topic
Board Bitcoin Discussion
Re: Buying the dips: do you have a specific criteria?
by
zvs
on 21/06/2020, 12:51:02 UTC
Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

I buy when keyvendor is selling TF2 keys for 1.65 or less.   Grin

But I guess a reasonable entry point (at a price you may see in the next few months) would be around $8400 USD (give or take $100-$200).

Probably won't see that $4100 USD value again any time soon.