Market correction, should we buy the dip or hold back?
Early in the morning, I was awakened by the market's tremors; the situation is changing too quickly! Last week, I reminded everyone that the trend of altcoins was a bit off, and we should be cautious of the decline, but some people just wouldn't listen and insisted on pushing up, resulting in being trapped.
But don't worry, the rises and falls of the market follow a pattern. Last week, altcoins had already started to decline, and the sharp drop early this morning was just the calm before the storm. But don't be afraid, the second wave of altcoin trends is already on its way; in a bull market, there are always ups and downs, and only after a washout can we rise more steadily.
I mentioned before, don’t follow the trend too eagerly; now that the market has corrected, it is a good time for us to position ourselves. The CPI data is about to be released, and I plan to boldly buy the dip in spot markets, while being cautious in contracts, trying out low leverage. The carnival of altcoins has just begun, and this is prepared for those who are bold and willing to act!
Don’t always think about finding the perfect entry point; if the trend is not right, you must withdraw quickly, preserve your capital for new opportunities. Remember, a big drop is often followed by a big rise!
After the market crashed, I have already prepared some altcoins worth buying the dip; I hope to help everyone break even. If you feel lost, just follow me; choosing is very important! Don’t let opportunities slip away like this; let’s seize the chance to buy the dip together!
