hello, what do you recommend I do? sell now or buy more? because I have been losing money, do you think it will go up? LTC
Glepz
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Buying cryptocurrencies during a dip can be a beneficial strategy for several reasons. First, lower prices represent an opportunity to acquire assets at a more accessible value, which increases the potential for profit when the market recovers. Additionally, cryptocurrencies often follow market cycles, with drops followed by rebounds, so buying during dips can result in long-term gains if a recovery is anticipated.
Regarding the **supports**, these are price levels at which an asset has previously shown resistance to falling, as it has historically rebounded from them. Identifying these points helps investors determine areas where the price is more likely to stabilize and, in some cases, rebound. By buying near a support, the risk of significant losses is reduced since if the price falls below the support, it is a signal that the market may continue to decline. Therefore, monitoring these levels is essential for making more informed buying decisions.
Supports of:
LTC 114 GMT 0.168 USUAL 0.675 $LTC $GMT $USUAL
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