Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
I understand well that for which thing you want to say , if you want to understand such things in different way then first of all you should put the matter logic in pocket and see that why that is much profitable and. Another factor is that why the dip you are seeing day by day .
In actual when any coin get dump then at the sudden we should buy and after that in small amount price get up suddenly and that results into profit ( if you will do the same thing for the price up then that will take more time than what we expect to be happen in small time ) .
So every dump is opportunity to make investment in small time profit .
And also same thing applied for the altcoins to hold for long term for better profit because this is truth that once a coin will pump speedly and if you will enter in that time of dump and pump then you will be able to make profit easily .