Post
Topic
Board Bitcoin Discussion
Re: Should I buy now or I should still wait for the dip?
by
riskarcher
on 17/07/2023, 16:06:53 UTC
Here's a simple way to know if you should buy now or wait for the dip, if you are already hodling a substantial amount of bitcoin, it's in your best interest to wait for the dip to happen but if you don't have any substantial amount of bitcoin or no bitcoin at all then it benefits you that you get in now than later because waiting for something to happen will end up with you just waiting until it's too late and then you get in the peak and lose most of your investment because the price starts correcting after the hype. Regarding waiting for dip, that's subjective so you need to set a price that you're comfortable buying.
The market is always looking very difficult for me to understand and I am still looking for how I can understand the market. I do see people talking about Bitcoin investment and trading but I will like to know how to do all these things.
 How can I invest without getting any loses as an investor? Pardon me if my question might look strange.
I recommend invest with small amount like 20% of total the money you have, i thought that make you feel comfortable than you invest your money in huge amount, targeted coin on Top 1-50 and after you bought coin you should have a target for profit what you want around 5%-10% or more. Don't be greedy if you have been profit, out of the market at right time before going down, especially never do cut loss if you want don't loss your money due to we never know of market situation at this phase bear market