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MUST READ!🚨 DONT LOSE YOUR CASH FOR THIS... MIND BLOWING HIDDEN SECRETS OF BUYING THE DIP Majority of crypto traders and investors don't know this, they are captured and put down by a small ever trending saying "BUY THE DIP". At the end of this post, I will give you probable solutions to this fast spreading problem among crypto enthusiasts Trust me📌, if you are using margin and you don't know where the dip will happen...you will end up buying every bullish signs in the market 'thinking that it is the final dip' while the market keeps getting lower and eventually you will LOSE YOUR ASSETS. How many times do you see the hype of "buy the dip" and eventually the market keeps getting lower and lower?..Personally I have seen recommendations of buying the dip since late January, guess you know the answer...The market is free falling The problem is📌, PEOPLE ARE BUYING THE BULLISH COLLECTIONS (Small signs of bulls) IN A WELL ESTABLISHED DOWN TREND...Read this again untill you understand it better Buying the dip is a great strategy🧠 if you have better understanding of the situation of the market at the moment SOLUTIONS🔊 1. Look at the market from Higher Time Frame (HTF) Perspective using 1M, 1W, 1D time frames...These give a better picture of the market. They help you see if you are close to the dip(favourable prices) or you are still at the peak of the market(risky prices) e.g currently the $BTC at 1W has formed double tops (equal highs) signaling potential downtrend...It is mind browing and painful seeing traders piling their buys...This is the importance of HTF 2.Wait for Confirmation of a trend before piling your buys...Even when the market is at the dip, dont rush to buy. Wait for bullish signs e.g.,HTF double bottoms, Choch, HTF candle patterns 3.Monitor your FOMO (Fear of Missing Out)...This fear is what makes you rush into unfavourable decisions such as buying before seeing any confirmation, thinking that the market may turn overnight and leave you behind. I wish you all the best NB: This is not trading advice, Do your own research
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A WARNING FOR YOU
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Majority are complaining b'se of losses got by buying TRUMP at the peak of hype. This is probably the best time to buy, but they will not. They will still buy it at risky levels
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⚠️WATCH OUT! NEVER! NEVER! DO THIS MAJOR MONEY MURDERING MISTAKE IN CRYPTO This mistake alone has wiped out most investors from this arena. HYPE! &TREND, PUMP, TO THE MOON, 100×! Hey, its real...people are caught in this net of investing in trending cryptos. Don't get me wrong!...IT IS NOT BAD!...Some times trending cryptos e.g., BTC, DOGE, PEPE, SHIBA e.t.c.,Their trend may be real but not always Only if you don't know what you are doing, it may become WORSE. People can't help themselves but falling short to this mistake. Investors just pour their money in trending cryptos without doing research, they even don't know what its price action looks like. Trust me...IT WILL WIPE YOU OUT. Before investing in crypto, one of the best thing you can know is PRICE ACTION! I repeat PRICE ACTION! You have to know when to pour your money and when not to. One of the consequences of not knowing price action is what causes the FOLLOWING OF THE MARKET HYPE AND TRENDS as what most people are doing....I know it and I have been there. Knowing PRICE ACTION WILL FILTER A LOT OF NOISE that is surrounding you...Your knowledge on technical analysis (Price action) will tell you when is the right time to invest and when is not You will be able to see how hype works in the market, you will see hyped cryptos whose price action is not favourable, which you will not invest...and you will see hyped cryptos which align with technical analysis then pour your money in.. PRICE CTION!, PRICE ACTION!, PRICE ACTION! LEARN IT BEFORE IT IS TOO LATE OR YOU WILL BE YOU TOSSING YOUR MONEY IN A BLACK HOLE, EXPECTING IT TO GIVE BACK.
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