Market Cap Up By Over $100 Billion Did You Buy The Dip?

Buying the dip has proven 60% to be profitable except on certain occasions when dips become endless and it slides to a long bear market. I have noticed that dip is the best time to make quick 10% - 30% profit easily, because some times the market recovery is so quick. While people are panicking during the dip, the wise ones are buying the dip to make quick bucks from it. A typical example is just the one that happened few days, lots of people have made money from the dip that others were panicking and crying over on.

This is why I will always emphasize on having “buy the dip” money. Always save at least 10% of your profit on buying the dip. It will help you most times. But you should know that this is not a financial advice, you are solely responsible for any investment decision you make on crypto. I have made about 5% profit buying the dip which is cool for me because the money would have been sitting in my spot wallet with no use, but am 5% up. This is way different from my crypto holdings. I have crypto holdings I don’t touch because those ones are for long terms, because life and crypto has taught me that hodling and patience give you better reward and peace of mind.

It’s also wise to take profit when you are in profit after a dip. This is because, the market is really funny and doesn’t care about anyone’s feelings. The market can be in profit this minutes and be down by 20% the next minutes, in order to avoid being salty to yourself and lamenting all day wishing you had taken profit, just take profit when you can. You can still do the DCA(Dollar Cost Averaging) technique to utilize your profit scalping.

As for me when the market dipped, I bought some Hive, I bought CRO Token, I bought AVA and Matic. Hive is up over 15% right now, same with the rest of the coins except AVA that is up 10% but Matic went over board by going up to 30%. If we are doing the cumulative profit from all the coins I bought their dip, I should be up over 18% in profit. That’s the beauty of buying the dip, and this money was made effortlessly, all from the convenience of using your mobile phone.

Hive’s All Time High is $3.340 which is high for a coin that was $0.17 6 months ago. But knowing the value of Hive we all know the value is still undervalued. This is the reason I want to accumulate as much Hive as possible before the value skyrockets to let’s say $50 - $100. But that’s not the reason am writing this, am writing about the dip and buying it. Hive has dipped from $3.340 to $1.7(the time this content was written though), that’s almost 50% dip from the all time high. We may be seeing the price to be high, just like we were seeing Hive on $1, but buying the dip now is going to be worth it in the future when we start seeing Hive having a 2 figure price.

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