Are you a dip buyer?

in GEMS6 years ago

Bitcoin just dipped, are you a buyer yet?

Everyone talks about buying dips, but few actually do it.

I just read something yesterday talking about how bitcoin tends to have some decent sized dips even in bull markets.

Well yesterday we hit $16,500 and today we dipped to $15,800.

Sees:

image.png

(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)

That's a 5% dip for anyone doing the math.

Is that a big enough dip for you?

Personally I am not buying any more up here as a lot of charts are looking over heated in the near term.

That doesn't mean it can't keep going up though and the dips are usually not as deep in bull markets, so waiting for the perfect spot could cause you to miss out.

For me, I mostly loaded all I wanted already.

Now, it's sit in my hands time and see if PlanB and some of those other prognosticators can get some of their bullish price predictions right.

Michael Saylor said the other day he doesn't plan on selling his BTC during is lifetime now that is something to think about.

Perhaps I need to readjust my exit strategy to never.

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To the question in your title, my Magic 8-Ball says:

As I see it, yes

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Good, glad you agree.

When does BTC dip?

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