Can we really Buy the Dip ?
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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I talk about:
#Bitcoin #Ethereum #Cryptocurrency #Crypto #Altcoins
My video is at DLive
I always do ladder in buying, I bought LTC at $116 and $106
My next buys are at $89 and $75
good luck
I always do ladder in buying, I bought LTC at $116 and $106
My next buys are at $89 and $75
Buy the dips only if you can stomach it. Long term is still positive but need time for fundamentals to catch up with the valuations.
Sounds like you have a good strategy but personally I would avoid concentrate on accumulating the main coins BTC and ETH
good strategy to set buy and sell limits.
I got a question for you, or anyone else willing to answer this. You say don't go all in on a dip position in case it goes even lower. But what if you've done that, bough on a dip it goes lower, then do you allocate all your crypto buying funds on the lower dip? or again just some making it smaller and smaller every time?
Also, Thanks for all your videos Michael, hope to see you in H.K. or Macau sometime, I'll be putting all my crypto profits on red this weekend(actually I'll likely just drink them)!
Great video as always. I´m following you already on Youtube and Telegram. So glad to find you here. Keep up your work. Resteemed
thank you
Valuable video.
Thanks for sharing dlive video. @resteemit
If you maintain a long term perspective, buying dips will be best as they will provide value as long as the prospects of their projects remain relevant to the potential growth blockchain technology will have on their industries.
It sucks. But rationally speaking this should most likely be a bunp in the road. It stocks were almost 8 trill usd before bubble pop in 2000. Blockchain is biggrr and markets are bigger in general today. Its almost unlikely that the space wont grow to at least 20-30 trillion. Question is which companies will stand for growth. Doesnt even have to be eth or eos. Could even be amazon. Blockchain is the tech. Decentralisation is another thing. Most ppl dont givd a fuck yet. Perhaps that will change. But to not invest in crypto is insane imo.