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Dip-buying should not be about whether you got the bottom perfectly timed. It's about buying at a, for you, "cheap and undervalued price".

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by COINS NEWS 110 Views

As we seem to be in a free fall right now with one of the worst macro economic outlooks most have seen in our lifetimes. It's certain that buying the dip is the best you can do right now. But even though many are calling this a complete bear market they are waiting to get the bottom. Disclaimer, that never works.

Trying to time the bottom is just as difficult as trying to time the top. You will be left behind and Crypto will just rebound. So just chasing any bottoms/tops has never resulted in a good trade. As you can't predict the market.

The only way of buying the dip, is to assess the situation and think for yourself, whether the current price is undervalued on that Crypto. If it is then buy. Don't wait for something to get even better, greed to some extent is good but this kind of greed is not.

submitted by /u/partymsl
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