Post
Topic
Board Trading Discussion
Re: Keep calm and buy the dip.
by
Bitcoin_Arena
on 08/01/2022, 22:43:37 UTC
I doubt it is easy to find out the actual bottom of the price before a pump, but I would still say buying every dip is totally worth it if you are planning to hold long term. Buy the dip, or you might regret not doing it. If it dips even further, then buy more if you can afford to invest and it will bring down your average buy price. As long as you aren't selling cheaper than your buying price, you won't be making loss even if the price falls. You still hold the same number of coins. But it's a whole different story if you aren't planning to hold long term and wish to make some quick profit.
You may hold the same number of coins, but we all know what matter most. Profitability vs the USD or other fiat value.

In my opinion, If I was to be the dip the price would have to drop to the 10k- 8K level at least, which is very possible with Bitcoin and dip higher than that would just be for short day or intraday trades.