Not sure about the sentiment in the market right now especially the current massive sells happening. Seems lots of whales are taking profits even when the odds of a possible rate cut in september is high at the moment.
A lot of options am considering right now are really "hilarious":
1. Buying the dip and staking them
2. Sniping memcoins (highly risky and costly)
3. Buying and staking stablecoins until market show signs of bulishness
What do you think?
What market condition would you call a dip? The market is now at ATH and then it goes down from here. If you consider it a dip market and invest, then it is very difficult to make an accurate dip market prediction, so I always try to use a strategy which is DCA. No matter what price you buy coins at, if you buy them according to DCA every week or month, it will bring your purchase price to a good price on average, which will help you make a good profit. And I always like to follow the DCA method in all market conditions.