Post
Topic
Board Speculation
Re: What is the secret for massive gain during a pump?
by
Asiska02
on 31/08/2024, 21:18:29 UTC
the only problem is when the dips of the dips appear and it causes turmoil in our psychology Grin. I mean buying the dips and finidng out that there are bigger dips just kinda scary isn't it.
it's like catching falling knives, we can get hurt from it, but if we don't do it, we won't get any opportunity to flip money at all.

but as far as I know, if the dips is so deep it looks oversold enough I think making profit is easy.


I would Say the first thing to do before investing into bitcoin or any cryptocurrency or even any investment outside this is to accept that it can go down and refuse to climb up again and that’s why we call it a risky investment: I know most people will say bitcoin isn’t like that and it is true but having that mentality will make you invest an amount that you can afford to lose and thereby help you to control your emotions whenever there is a dump of price. On the occasion of investing or buying dips one thing I say to people is don’t invest or buy the dip all at once but rather buy like 70% at first dip and wait for further dip to come and then buy or if it starts showing signs of pumping you still go in with the remaining 30% this gives you the opportunity to buy more of the coin and not risk missing the bottom all in the name of waiting for a further dip.


#2. Never trust up these pump signal announcement, most of the time it wont really be something relevant or would be precise. Stick into your own analysis and this is something
      that will really be that recommended on doing so.

I can guarantee you that this is true all this pump tokens signals you see around are all fake most especially paid ones, yes I know there is degen trading where skilled traders investigate new tokens on DEX and then buy at lower price which is also risky but those pumping signals of already listed tokens/coins are scams and nothing more