- Buying in the dip is a good opportunity for traders and many do it among those who already have extensive knowledge in crypto trading. But for newbies, they will not see this scenario, but they will actually feel panic because they have no idea about these negative things happening in the market.
Because what they think is that the price of the coins that they see will continue to crash but the truth is that it is not really like that, unless what they see is a rug pull coin, but if it is really potential, it will definitely recover for sure in the future.
This is not surprising for those who have been in the crypto world for a long time the opportunity to fall in price is viewed as a positive factor, everything is familiar to them with market patterns. On the other hand, those traders, who do not perceive the concept of volatility intimately yet, feel uneasy and become afraid of getting even bigger losses. This is something that is very frequently witnessed mostly with those who do not have enough experience in trading based on the movement of the market. As a result, this fear makes a person to offload an asset within the shortest time possible and even if the same asset has good prospects, chances are high that it is going to appreciate in the future. Even though all the analysed approaches can be applied to the same shoe model, each person has a different way of perceiving this situation and his response to changes in price depends to a great extent on how he knows the real behaviour of price fluctuations.
I think that you also created an excellent opinion in your comment. If we follow in cryptocurrency market in this time we can see that bitcoin or ethereum price is remain down position gradually. I think that it’s the best time to invest bitcoin or ethereum, because we know that lower market is always prefer for investment. If we follow in few week ago we can see that ethereum price is remain $2000. But in this time we can see that ethereum price is remain under $1800. So in this time if we invest in bitcoin or ethereum, i think that it will be very prefer for us.
- You know, it's not unlikely that Ethereum will reach $10,000 a few years from now, so this is also one of the things I'm accumulating, even if it's just a little bit in my wallet. Because ETH is really recognized as the next Bitcoin in the future.
So if you have many sources of income, it's also really good to do the potential cryptocurrency that can also give us good profits in the future, honestly,
and I know that many people are thinking about it and doing it right now,