⚠️Everyone tells you to BUY THE DIP, but nobody shows you how!
👀Well, today, I will show you the easiest and most newbie-proof method for buying dips!
Never miss another dip, and always get in at a good price!
LFG 🧵👇
• People spend so much time worrying about timing when looking at dips.
“How far will it dip?” 📉
The truth is, nobody knows. You can draw as many lines on your chart as you want, but the crypto market doesn't care about your lines.⚔️
So, how do you buy the dip⁉️⁉️⁉️
Instead of wasting your time, energy and money trying to time the dip perfectly and either buying too early or missing it...
You scale in. It's really that easy.👀
But how and when do you scale in? Well, first you need to decide if you should!🧬
🟪 When to Buy 🟪
🟣 Dip Buying Season 🟣
In a crypto bull market, the rule of thumb is to buy every dip.
We all know where the market is heading, so buying dips is logical if you have spare capital!
But this rule doesn't apply to the entire bull run...
• A crypto bull run typically lasts 18 months from the halving to the peak. In this period, there are two phases: ✅
• Phase 1: The main focus is buying the dip, and the secondary focus is taking profit!🤌
• Phase 2: We stop buying dips and focus solely on taking profit!🤌
🎁Phase 1 is dip buying season, usually running 14 months from the halving.
In phase 2, the market is close to peaking, so it makes more sense to start scaling out rather than buying more. 🎁
As the bull market continues, dip-buying ramps down while profit-taking ramps up!🤌
🟪 Thats It 🟪
And that is it. That's how you easily scale in on dips. You don't waste hours drawing support areas and hoping it hits your buy target.
This ensures you never miss a dip!
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TH $SOL #Polkadot #Binance #Solana #BITCOIN #buythedip
*Parody Photo