"Buy the Dip" Strategy

main-qimg-def58f800d12eaa9f76738b8dea7b49f.png

According to this graph, here's an idea of the bottom. Pure guess. Do not rely.

 

Professional stock traders, since the advent of central bank QE has employed leveraged "buy the dip" strategy that has worked for the S&P500, and has been the Holy Grail so far, despite the naive strategy. Seems to work for crypto too...so far. Perhaps Tether is the QE of crypto since the supply is going up exponentially.

Fun fact - these traders are now going to crypto, since the dips are much less frequent. Keep in mind, if the global stock market crashes (maybe 10–20% chance this year, not sure), crypto will likely crash with it.

Hint: I’m not selling BTC.

This is not investment advice.

 

 

Esaias Tong