02-24-2022, 02:21 PM
Don't lump sum into this dip. This is probably not the bottom and you'll just be cat
<!-- SC_OFF --><div class="md"><p>Every time I see a recommendation on this subreddit to 'buy the dip', I remind people that we don't know if this is the bottom, and that you should be patient - don't invest all your money at once, do it gradually. I've gained quite a few downvotes for commenting this, but I think it is solid advice.</p> <p>Now, another dip has presented itself to us. The same advice holds true, we don't know if the invasion will get worse, and so don't invest all your money at once. </p> <p>Here are some of the previous dips:</p> <p>In November, BTC dipped from $65k to $57k, a 12% dip. If you had lump summed in then, <strong>you'd be down 39% today.</strong> </p> <p>In December, BTC dipped from $57k to $49k, a 14% dip. If you had lump summed in then, <strong>you'd be down 29% today.</strong> </p> <p>In January, BTC dipped from $47k to $41k, a 13% dip. If you had lump summed in then, <strong>you'd be down 15% today.</strong> </p> <p>​</p> <p>Now, I am not saying that you shouldn't buy the dip, but do it gradually. Every dip seems like the bottom, but it most likely isn't, especially with this geopolitical turmoil. Do not spend all your money on this dip, keep a good chunk of money to invest if the market falls further. </p> <p>Lump summing now could be catching a falling knife - don't get hurt.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Laughingboy14"> /u/Laughingboy14 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t07z90/dont_lump_sum_into_this_dip_this_is_probably_not/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t07z90/dont_lump_sum_into_this_dip_this_is_probably_not/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Every time I see a recommendation on this subreddit to 'buy the dip', I remind people that we don't know if this is the bottom, and that you should be patient - don't invest all your money at once, do it gradually. I've gained quite a few downvotes for commenting this, but I think it is solid advice.</p> <p>Now, another dip has presented itself to us. The same advice holds true, we don't know if the invasion will get worse, and so don't invest all your money at once. </p> <p>Here are some of the previous dips:</p> <p>In November, BTC dipped from $65k to $57k, a 12% dip. If you had lump summed in then, <strong>you'd be down 39% today.</strong> </p> <p>In December, BTC dipped from $57k to $49k, a 14% dip. If you had lump summed in then, <strong>you'd be down 29% today.</strong> </p> <p>In January, BTC dipped from $47k to $41k, a 13% dip. If you had lump summed in then, <strong>you'd be down 15% today.</strong> </p> <p>​</p> <p>Now, I am not saying that you shouldn't buy the dip, but do it gradually. Every dip seems like the bottom, but it most likely isn't, especially with this geopolitical turmoil. Do not spend all your money on this dip, keep a good chunk of money to invest if the market falls further. </p> <p>Lump summing now could be catching a falling knife - don't get hurt.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Laughingboy14"> /u/Laughingboy14 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t07z90/dont_lump_sum_into_this_dip_this_is_probably_not/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t07z90/dont_lump_sum_into_this_dip_this_is_probably_not/">[comments]</a></span>Kind Regards R