We’ve seen this happen 100s of times.
Dip, panic sell, massive recovery, buy back at higher price 🤦♂️.
I see red, i deploy more.
Now's not the time to panic sell.
There's definitely still a chance that we will go lower to $59k, and if you zoom out, that is still a healthy price for $BTC.
That being said, altcoins as usual will take a bigger fall.
This is not my first rodeo, and i know that i will sell all my bags in a profit.
(Btw we're still in profit given we started accumulating in 2022-23)
You have to take advantage of the dip, otherwise you just wasted it.
Buy the dip of your strong holdings.
Man I wish I had someone to guide me in my first bull run.
You can DCA into the dip to the point where when it starts to reverse upwards, half way up to your first buy price, you would already be in profit.
Completely flipped the scripts.
But don’t buy the dip for the wrong reason.
Buying the dip solely to make your money back quicker and then exit will be very stressful and you will lose confidence and make rash decisions.
Buying the dip for me simply means accumulating more of my long term projects for way cheaper and seeing my portfolio double without the market making any new highs.