Buying the Dip

[Senator]

Buying the dip.and selling the pumps in the cryptocurrency trading systems does not come down to share luck but actual strategy. You actually have to be sure you bought the dip if you will want to target selling the pump

 

[gammarays]

Dip occurs when there's a fall in price of a token. Dips and rise are not constant as it seems in crypto because some tokens may dip and rise back in value, others dip and lose value or dip more never to rise back.

 

[Bookwormlux]

It is not easy to just think about investing whenever there is a dip as the prices çould drop more than it did. So it's better to not go all in .

 

[Sincerem]

Buying the coin at the dip is the best. Had it been I had enough funds to spend more investment I would've invested more funds into Cryptocurrency.

 

[Tolumi]

How do you know when to buy the dip or sell your position? Do you think it ultimately comes down to pure luck or is there a strategy behind it? Most people HODL and buy during dips but there is a small percentage who sell their positions.

Since most times we don't know how deep the dip is going to be, it is advisable to split your capital in tens then you continue to buy at any strong support in the dip. This may not bring very high returns but it's safe.

 

[Nomad]

After reaching all time high, Bitcoin and Ethereum dipped down to the lowest in the last three months. Did I manage to buy Bitcoin and Ethereum when it was $29000 and $1700. Sadly, no! I did not have funds to invest in crypto currencies even though I knew this was a great opportunity.

 

[Setfragil]

Sometimes to make money in cryptocurrency, we need to know when to buy the dip to make profits when the price rise. We should also exercise caution not to be too greedy when we we buy the dip so as not to lose our money.

 

[Zevin]

I am not selling my portfolio, therefore, I do not know exactly when to sell. But when it comes to buying, I try to buy only when the currency had lost some value in the past few days, or even weeks.

 

[Josemendez]

Those who took the bull by the horn in buying some coins during the dip are now able to benefit from it as there is currently a rise in the cryptocurrency market

 

[Hena101]

Buying the dip will be good more especially to small investors that can not afford to buy when the price is high and this will give them a good and huge amount of profit.

 

[Bousine123]

Sure you can buy the dip if you have the funds but there is some level of knowledge you need to have and some strategy to implement.

 

[kayode10]

The best investment strategy is to buy assets at the lowest price then wait for some period of time when the price are then you sell. In a nutshell you go against the crowd buy when everyone is selling.

 

[greenie]

The stop loss features is what I i have not real know how to use or seen on Binance except I place a sell other which is usually stop gain not stop loss.if you know how it is done please relate .

 

[Sotherefore]

It is never easy to know all those things as a newbie . But with the help of professional you can be able to know the right time to buy and the right time to sell. Me I believe this is the right time to buy but expect could say we still have to wait longer.

 

[Chibson]

That you bought the dip doesn't mean that you will make profit. This is why technical and fundamental analysis is very important for anyone who wants to become successful in cryptocurrency.

 

[Smiles20]

Dollar cost averaging is the ideal way of buying any crypto. This involves marking out levels and buying a certain amount once price goes below that region.

 

[Setho]

There are some instruments that are known as technical indicators and that is why you have to know them because they can be able to help you say which direction the market is going to go.