Should I buy now or wait for more dip?
Before I came in people used to fear dip, but now my followers sees dip as an opportunity. But some still confuse how they can optimise it.
When market is falling, the best strategy is swing trade. Means if you have 100k to invest you start investing 20k USD periodically.
Like if a coin is 5% down from the previous previous day, you trade 20k USD with, it it goes further to -10% you invest 20k again. So instead of investing 100k and if you invest periodically this actually gives you more profit in quick time.
Same comes to selling, if you sell gradually on higher price you can get more profit than selling all at a time.
If you are a whale and move large funds at once, you will create a down trend and panic to other holders. I see this on stock market most. Big people sells and the price crashes.
Even I see, some people placing big orders, but the orders are getting partially filled, as when he places big order, the price falls (for sell order) and goes higher (for buy order), impacting the order itself.
So move bit slow and this will ensure maximum profit. SPEED is important, but NOT EVERYWHERE!