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Author Topic: Learning from the dip  (Read 364 times)
Masplanc
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July 11, 2022, 03:14:37 PM
 #41

I bought some coin recently believing I’m buying from the dip but to my surprise this just keep dipping. MY DIP HAS TURNED TO THE DIPPER, EVEN THE DIPPEST.
Their is no problem if you bought dip and you started experiencing the market going dipper,  the only solution is to hodl for sometime till when the market starts coming up. You don't have to be panic because if you sell in panic you will definitely be at loss.

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Mpamaegbu
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July 11, 2022, 08:57:53 PM
 #42

Numbers 1–3 are closely related in the sense that they talk about mitigating risk. Sometimes though, it won't seem a bad idea to borrow money to invest. The only bad idea there would be if there isn't a Plan B to repay the loan in case the investment from the loan fails. Crypto industry, just like other businesses too, is burdened with risk. We can't separate it or any other form of business from risk. On DCA, that seems a great way of avoiding shortchanging oneself in case one's entry price fails to hold. It's a technique that works.

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