06-25-2021, 04:44 AM
Understand the difference between buying the dip and chasing your losses.
<!-- SC_OFF --><div class="md"><p>This is a very grey area and prone to put people in positions they later regret.</p> <p>Buying low is great for obvious reasons especially if you're trying to DCA down after buying high but be careful you don't fall into a trap of thinking that everything that has crashed will come back up and especially up to where it was previously.</p> <p>This is not fud but just common sense for people who may get influenced by the hundreds of "oo look at me, I'm so cool I'm buying the dip posts".</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/bwater_mf"> /u/bwater_mf </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o70ugk/understand_the_difference_between_buying_the_dip/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o70ugk/understand_the_difference_between_buying_the_dip/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>This is a very grey area and prone to put people in positions they later regret.</p> <p>Buying low is great for obvious reasons especially if you're trying to DCA down after buying high but be careful you don't fall into a trap of thinking that everything that has crashed will come back up and especially up to where it was previously.</p> <p>This is not fud but just common sense for people who may get influenced by the hundreds of "oo look at me, I'm so cool I'm buying the dip posts".</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/bwater_mf"> /u/bwater_mf </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o70ugk/understand_the_difference_between_buying_the_dip/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o70ugk/understand_the_difference_between_buying_the_dip/">[comments]</a></span>Kind Regards R