Buying the dip

in #bitcoin8 years ago (edited)

Today I finally took advantage of the bitcoin and altcoin dip and used my recently accumulated usdt to buy bitcoin, ether and neo as they go down . The deeper they went down during the day the more I bought and always made sure to leave enough usdt in my balance to buy more as needed.

As for the reason for today dip - new sec regulation announcement with warnings about exchanges thats sell securities which are not licensed to do so. also, binance hack - people that used api keys (for the use of trading bot usually) got affected by it. hackers used this to pump a coin named Viacoin. I dont really think this is something serious and bitcoin already start to recover and Im starting to see todays gains :)

Crypto maniac out

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BTC coming down real hard right now. Wouldn't be surprised to see it under 8k again in the next few days to a week or so. But it will be back again. Here comes the "dip" everyone always talks about buying.

I was frustrated when I saw the prices this morning. 2 days ago, I already put my sell value at $11,745. Sadly, the price went only up to $11,710 then the prices gradually went down until around $9,600 this morning. If I only lowered my sell value a bit, I could've earned more.

Well anyways, regarding your laddering strategy, may I know how many layers of ladder do you do with your fiat? Regards

This is the way to do it
In few weeks you will have a lot of profits

Great thinking and a good post

It was pretty much a sea of red today besides ZCL which bounced up 90% from the fallout of the BTCP fork. I bought some ETH a couple of days ago, and then it went down again, story of my life!

thanks for sharing! i will start following your exciting posts! Checkout my posts as well

Honestly speaking man, you are my role model on steemit cos of how you use wisdom in following up the feature and gains in steemit. Please keep it up more wisdom to educate me is what wish for you

Always keep some dry powder at hand! But I ran out of it and have to wait until next month for a reload, did but a day too early.
Went for the KCS!

Smart decision. I also bought some during the dip. Hopefully it will rebounce soon

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