š° ā³ Why I Stopped Chasing the Bottom & What I Do Now Instead
I used to believe I could catch the perfect market bottom. I'd spend hours analyzing charts, waiting for the ideal entry point. But I was wrong. More times than I care to admit, I'd either miss the dip, panic-buy higher, or end up buying too early and watching my portfolio take a hit.
So I switched up my approach. Now, I don't stress about finding the exact bottom, yet I still manage to get solid entries. Here's how:
1ļøā£ Timing the Bottom Is a Trap š
Everyone wants to buy at the lowest point, but here's the reality: even the big players donāt know where that is. If they did, why would $XRP keep bouncing around before hitting so-called "obvious" buy levels? Just recently, it dipped below $2, but the smart money had already picked it up before retail investors could react.
2ļøā£ Trust Fibonacci, Not Your Emotions šÆ
Rather than guessing, I use Fibonacci retracements along with resistance levels to set buy orders ahead of time, before the dip even happens. Numbers are reliable; emotions can lead you astray.
I set my buy orders in advance. If theyāre hit, great. If not, I donāt chase the marketāthereās always another opportunity.
3ļøā£ Donāt Just Bet on $BTC & ETHāDiversify š
Iām stacking SOL and ETH, but I also pay attention to $XRP, which is currently priced at $2.40.Itās one of the most resilient assets, having weathered crashes, lawsuits, and market FUD, yet it continues to push forward.
4ļøā£ My "No-Stress" Buying Formula š ļø
š¹ Split my capital into chunksānever go all-in.
š¹ Set pre-determined buy orders at key levels.
š¹ Take partial profits when prices recover.
The Key Takeaway āļø
Trying to time the market bottom is like gamblingāyou might win once, but in the long run, itās a losing game. I prefer to rely on strategy, discipline, and probability to guide my investments.
š„ How do you manage market dips? Feel free to share your thoughts below! š