BlockchainBaller
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Golden Tip for Buying the Dip
When a coin crashes fast with one big red candle like $OM and $ACT that’s usually the best time to grab it.
Quick drops often bounce back just as fast. So if you buy right after the sudden fall, the gains can be huge.
But if the price keeps falling slowly over many red candles and drops more than 20% like $BANANAS31 be careful.
It’s better to wait for the price to stop falling and show some strength first.
Buying during a slow fall can trap you.
When a coin crashes fast with one big red candle like $OM and $ACT that’s usually the best time to grab it.
Quick drops often bounce back just as fast. So if you buy right after the sudden fall, the gains can be huge.
But if the price keeps falling slowly over many red candles and drops more than 20% like $BANANAS31 be careful.
It’s better to wait for the price to stop falling and show some strength first.
Buying during a slow fall can trap you.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.