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
Most of these criterias do talk about technical analysis and i would say that it not really bad to have these kind of indicators but fully relying on them wont really be precise.
Its better to have these things than just randomly guessing that you are already on the bottom price or simply talks about your gut tells you behind.
Answering the question on how to consider dips then i do buy or accumulate when it drops -10% or more.We cant say on how much it would further go but at least you
have stashed cheaper coins a while ago.