I found that many people are asking how to buy the bottom after this wave of callbacks
Here are some steps and logic for buying the bottom of spot:
Step 1: Initial buying the bottom
When the BTC price drops by 4%, you can consider buying the bottom and invest 25% of the principal.
If the BTC price drops by 10%, increase the intensity of buying the bottom and invest 40% of the principal.
Note: Avoid full-position operations and always leave room for funds.
Step 2: Secondary buying the bottom
If BTC fails to rebound after the first round of decline, but continues to bottom out (down 3% to 5%), then buy the bottom twice and invest 25% of the principal again.
At this point, you have invested a total of 50% of the principal (25% last time + 25% this time).
Summary: At this time, you have 50% of the chips in hand as a basis for further market fluctuations.
Step 3: Deal with extreme situations
If BTC continues to fall and enters a waterfall-like decline at the weekly level (this is more common in a bull market, but it is rare in the current market, unless there is a black swan or systemic risk event), then holding 50% of the chips will enable you to be fearless of risks.
Just wait for the market to rebound slightly, and you will have a chance to get your money back and possibly buy at the bottom.
Important reminder:
When investing in the cryptocurrency circle, avoid heavy positions and bet on everything. You must leave yourself the last straw. Only by being alive and having U can you make big money.
Finally, if you are a newcomer in the cryptocurrency circle, and you are excited to rush into the cryptocurrency circle when you see BTC hit a record high before, then I suggest you pay attention to me first, learn the knowledge of the cryptocurrency circle with me, and make up for your basic skills.
A tall building rises from the ground, and glory can only be achieved by yourself. Only by laying a solid foundation can you go further.
