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Buying the dip in a bull run is still buying high

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by COINS NEWS 254 Views

Zoom out to the weekly or monthly charts. You get to see the long, boring flat candles where smart money accumulated. Those little candles are way below today's price. If you buy today, you're buying high. There's a fuckton of potential selling pressure from all that accumulation.

Also, this sub says "don't day trade, you'll lose money" and yet when the price dips for a few hours, they're telling everyone to buy the dip. They are not dips unless you day trade.

The best time to buy is in an established bear market. And unlike the Chinese expression, there is no second best time to buy.

submitted by /u/ukdudeman
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