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Author Topic: How to buy Bitcoin dip in the current period?  (Read 178 times)

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Offline madisonTopic starter

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How to buy Bitcoin dip in the current period?
« on: February 14, 2020, 06:23:45 AM »
In a blog post, Sawcruhteez, a well-known financial analyst, explained that one of the most common mistakes traders often make when trading Bitcoin is to miss out on huge opportunities. He pointed out that when this happens, it is important to stay calm as bottom buying is usually much less profitable than it looks.



“When it comes to the top or bottom of a major market cycle, it is very important to feel okay with missing the opportunity. [During the 2019 bull run,] many people bought [Bitcoin] $ 4,000 also bought when the price consolidated at $ 6,000 and placed a stop loss order when it broke down. Many people have done the same thing at $ 7,500, $ 10,000 and $ 12,500. ”


Once the bottom has appeared and Bitcoin has started to rise sharply, the best opportunity to return to the market is to buy dip, according to Sawcruhteez. However, buying a dip is not as easy as people think. This is why technical analysts have developed a strategy to increase BTC exposure after it enters a rally.


See also: Virtual currency exchanges


Offline madisonTopic starter

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Re: How to buy Bitcoin dip in the current period?
« Reply #1 on: February 14, 2020, 06:25:59 AM »
If you are interested in cryptocurrency exchanges. Feel free to contact me.

Offline madisonTopic starter

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Re: How to buy Bitcoin dip in the current period?
« Reply #2 on: February 14, 2020, 06:27:03 AM »
This is my email: fcfchain@gmail.com

Offline mlawson71

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Re: How to buy Bitcoin dip in the current period?
« Reply #3 on: February 16, 2020, 02:12:03 PM »
Thank you for the useful advice!


 

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