Post
Topic
Board Speculation
Re: Buy every dip!
by
Familian
on 18/12/2024, 21:40:43 UTC
Buying every dip is easy to say, but difficult to identify the dip (for me at least!)

Every time the price of bitcoin drops I am afraid of the point that it is going to stop or it will be ongoing for a long time. Looking at charts and trying to make my TA sometimes prove me wrong!
Buying at the dip isn't anything difficult to identify,  if you have been following the market price of bitcoin you would have discovered different moments of dip from when price first got to $100k it retraced and made a dip before setting a new ATH at $104k and then pulled back again. These pull backs could be identified as a dip except that at every point when the price rises there's a price mark you have set for yourself for price to fall down to before you get to identify it as price dip. You have to be aware that we're in the bullish season and as such you shouldn't expect price to fall down down below to declare a clear dip, that can only happen when we are going bearish.