👀👀👇👇The correct way to buy BTC and DOGE right now should be as follows:
1. Choosing the right time to buy
Buy on the dip:
You should buy during a downtrend, but be careful not to break through the selected trend channel (preferably select the core trend channel). This type of buying during a specific condition of decline may allow you to catch a relatively suitable price.
Buy sideways:
First, choose a period; when the moving averages show a consolidation state forming a sideways market, that’s the time to buy. At this point, the market is relatively stable, providing some opportunities for entry.
Buy on contraction:
After a small bullish candle appears, find a point that has a suitable risk-reward ratio and is in a contraction state, close to the platform point to buy. This way, you can strive for better returns under relatively controllable risks.
2. Situations to avoid buying
Do not buy when a large bullish candle appears. This means that when a single bar has a gain of dozens of points, or when there is a gain of dozens of points away from the platform support, absolutely do not enter. Because in such cases, the price may have already reached a high point in the short term, and the risk of subsequent pullbacks is significant.
In short, when purchasing digital currencies, choosing the right timing and price is crucial, and the key is to have enough patience.
