So as you see, it is always a good idea to buy the dip. What do we consider a true dip? Well at least a decline in bitcoin of around 25% to 35% of its top or previous day. We can’t help but giggle when we see a lot of the telegram channels talking about crashes and dips when we are down some 3-5% from the previous day.
Is it easy to buy in a dip? No, depending on your experience you probably feel some kind of anxiety when everything turns red. You feel the uncertainty of the future. You can’t predict the perfect bottom so it will probably go down a bit more first. But it is of course at times like those that you can obtain a coin for the best price. It wouldn’t make sense to buy on tops and sell in the dips so you have to get rid of emotions, do your homework, predict where we will be a month from now and just buy more (Unless some huge bubble indicator).
In crypto you might only have to wait one day to profit from that little bit of courage. Like today you would have made 50-80% on almost all quality coins just for showing some balls yesterday.