Why I stopped trying to buy at the bottom and what I did
I used to think I was pretty good at finding the best time to buy at the bottom.
I would stare at the charts for hours, waiting for that perfect buying opportunity. But guess what? I got screwed. Many times, I didn’t catch the low price, but bought at a high price in a panic, or worse, bought too early, and watched my investment shrink.
So I changed my strategy. Now, I don’t even think about the bottom, but I can still find bargains. My routine is this:
1️⃣ Buy at the bottom? That’s a trap!
Everyone wants to buy at the lowest point. But the truth is: even the big guys don’t know where the bottom is. If they really knew, why did SOL bounce back when everyone thought it was time to buy? Take yesterday, for example, it dropped to $160.88, but the smart money was already scooped up before retail investors made their move.
2️⃣ With Fibonacci in hand, I feel like standing aside!
I don't rely on blind guesses, I use Fibonacci retracements plus resistance levels to place buy orders before the drop. Numbers don't lie, but emotions do.
Take SOL for example, I placed a buy order at $165.78, when it was still $200. The same is true for ETH, I placed a buy order at $2468, when it was $3000. If you look through my investment records, you can see that I still have more than 30% of my money in stablecoins. Why? Because after these drops, my buy orders have not been completed.
I placed buy orders in advance. If it works, that's great. If it doesn't, I won't chase it, there are many opportunities.
3️⃣ Don't just focus on BTC and ETH - you have to diversify!
When I was hoarding SOL and ETH, I didn't miss XRP either - this guy is very resilient, and now it's only $2.55. Collapse, lawsuits, market panic, nothing can stop it, it's still moving forward.
4️⃣ My "calm" buying method
Capital should be divided into several parts - don't go all in at once. Put the buy order at the key price first. If the price rebounds, we will make some money.
Recently, I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is no problem to expect more than 10 times the space. If you want to follow up, like + leave a message, and share it for free.
