People made 7 figures+ buying the dip after the Bitcoin ETF approval.
Not from buying blind, but by buying winners.
95% of you don’t know how to do it effectively, yet the strategy is easy to learn.
No more secrets, here’s how you do it:
Firstly, make sure you follow me, this will be your go to guide for when we get serious red in the market.
𝐓𝐡𝐢𝐬 post 𝐰𝐢𝐥𝐥 𝐭𝐞𝐚𝐜𝐡 𝐲𝐨𝐮:
A: What dip to buy.
B: What coins to buy on a dip.
Let’s get straight to it 🫵👇
A: What dip to buy
1: Keeping it simple
Slow bleeds are not buys.
Continuous swing failures slowly going lower each time aren’t a buy.
You want an ugly dip that makes you question: “maybe it is over?”
2: How does it feel
To get a great entry it has to feel extremely uncomfortable.
If it feels comfortable longing chances are it’s not a good entry.
That’s the psychology of a dip.
Not the “technicals”
B: How to buy the dip
1: Relax
Bit of a weird first point, however, until the dip happens you can… relax.
> What do I mean?
Well, there’s not much point finding the fastest horse when they’re not racing.
However, what I show you next will help you find it when the clarkson fires.
2: Go to CoinGecko
Go and download their mobile app for convenience if you’re on the go.
This is what you’ll utilise to find the strongest coins once the dip happens.
It’s free, and simple to navigate with speed.
3: Change to BTC/USD
> You want to assess coins vs BTC
You are looking for the coins that are green/ the least red during a market dip.
You are looking for relative strength against BTC during a market dip.
4: Change time frames
> Look at 24 hours
See what’s the best coins on the day.
> Look at last 7 days
See what’s the best coins the last week.
These are the coins you are looking to buy.
5: Change risk tolerance
Now you get to mess about with your risk tolerance in these coins.
> Top 100 coins
Lower risk dip buying “less volatile”
> Top 300 coins
Higher risk dip buying but not “wild”
> All coins
High risk dip buying, wild and volatile.
The smaller the market cap the more volatile that asset will be which will:
> Drop more during dips.
> Pump more during pumps.
You will be finding the strongest coins at the perfect time during this dump, find some you like and buy the dip damn it.
Check for good volume too!
Summary:
That’s how you find the fastest horse.
Once you get that elite entry hold onto your winners and print that money.
It is that simple.