Post
Topic
Board Altcoin Discussion
Re: Know when to buy and hold
by
sayulita
on 22/01/2022, 19:02:27 UTC
Exactly, but buying the dip is not a normal thing, everyone doesn't have that kind of brave to open their trade in the bearish market.
Now the spot price is $34K, You know this dump helped the trader to waste their own money and transfer that money to the pocket of whales and manipulators??  Cheesy

yes, every dump is useful for manipulator/whales/crypto_exchanges. they bagged huge money during the dumping moment.
be wise don't feed the manipulators, hodl tight, and don't be panic.
That's right, at least there must be a large enough capital when you really want to do something like this.
because as you said, most people are not too bold to buy when the market is like now.
although this is indeed a good thing, of course we also don't forget the analysis which is indeed a support to make at least the choices we take can be accompanied by good data
Isn't it good to buy more at the time of a market dip, most of the new investors get afraid of dump when they see the amount of money that they hold in their wallet go down by more than 10%-15% in just a day or two. They panic sell at that time and then regret their decision later that why they sold their holdings in case of a dump instead they could have just waited for the market to recover and then would have made some profit buying the crash. I always look out for the crash as an opportunity to buy cheap coins and secure a better position in that coin and fill my bags.