Is This Still a dip or Crash?
A few months ago, we had a prediction that Bitcoin is going to the moon. People were hopefully waiting and investing making themselves ready for the predicted bullish to begin. But, what happened? instead of the bullish, we got bearish which makes me wonder when the moon changed location that it now resides under the ground.
Just to be thoughtful, dip is a normal thing when it comes to Crypto, at least that I was told. The memo I think I didn't get is crash. In our presence, one of the most popular coin Luna crashed and all we could make out of it are mere theories and blame games. As a newcomer in Crypto, I waited for a solution to Luna's problem but all I got was only the re-baptism of the said coin.
Again, I was taught to buy the dip. Bitcoin dipped to $38k, the world shouted buy. Then, the dip took another turn and developed a permanent downward arrow of $32k, $25k, and as of today $17k, which makes me wonder, is this still a dip, or is the whole system crashing?
In fact the other day, I was nearly beaten by an angry Crypto investor for trying to defend the dip that is being experienced. So, I have this question to ask. Are we still in the era of dip? or have we moved past the stage we call it dip?
When to start buying
Currently, recognizing when to buy is a problem with this downward movement being only what has been seen for so time now. Personally, going by prediction, I think BTC has reached its predicted dip level but what do we know, as long as people keep dumping, we might never see the end of this bearish run. Crypto right now has become the thing of great believers. But, I think there's hope and this time around It might be very huge.
How to Bring Back the Market to LIve
I'm thinking maybe, we should run an operation buy a Crypto today to get the market back on track. Since the first set of buyers has made their profit and dumped, I believe its time for new set to come in. You see, this is why there will always be dip in Crypto. You expect someone who bought the dip and has made a substantial gain not to dump. I wonder why he/her will be holding at that point. This is why Crypto should be seen as turn by turn investment. For me, I think its time i buy.
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