Posts

Why I said you should buy the dip then (The Bull Season is Approaching)

avatar of @peniel2010
25
@peniel2010
·
·
0 views
·
3 min read

The dip sis definitely one of the moment investors don't want to talk about, especially the level at which it comes with, One fearful moment here when it comes to #cryptocurrency is definitely the dip period, cause it as a way of bringing about massive reduction in the price of tokens during that period.

Image source

For almost a year and some month now, it as being a dip day often and often, not until recently that things seems to be better , I honestly understand how things can be, especially for investors who put so much and having the hope of expecting much too, been hit by this reduction in price of tokens can really be sad and that is undoubtedly one thing that Cryptocurrency too is all about.

Investors already understand that there are two seasons here, which is the bull season and the bear season, each season is undoubtedly important and also contribute to Investor's life one way or the other.

Irrespective of how dip it might be, I'm always of the opinion that the bear season do have it own advantage too, it is not always about losing alone, though that too can be ignored, but it also create it own opportunities, especially when it comes to buying of more asset at a cheaper rate and also revealing how strong and good a token is in the midst of the dip.

Recently, it is absolutely looking as if the dip is gradually become a thing of the past, with the level of rise in price of tokens recently, the biggest of all tokens #bitcoin as indeed gain some strength within few days hitting up to $20,823.40 recently, Bitcoin as indeed more than 20% within few days sending signals to other tokens too.

Hive token too as indeed be gaining some grounds recently in the market, though I do have my reservation about it, especially for me to have witnessed hive hitting up to $3 per one at a point before being hit by this bear, although it is better to see Hive adding some value too with it current value up to $0.3345 as at now, all this undoubtedly show's that there is increase and a slight change in the crypto market.

It's not just about #biticoin and #hive alone, but generally, there is a sign or a breath of peace 🕊️ that the Market is absolutely experiencing some excitement when it comes to token's gaining momentum again.

So Do Buy The Dip at all

No one can presently day the dip or bear market is absolutely over, but all the same it is significant that I still remind you that not buying the dip is definitely going to be a big loose once we are definitely in the bullish era, it is definitely not too late to buy now as the price of tokens as not really hit up that much.

Buying the dip is certainly one perfect means of making for some loses, but regardless of this, it is significant that you also understand that it is advisable to buy with caution too, it is definitely looking like the bear season is currently over now, it will definitely be disastrous to investors who as sold all what they have during the bear market and to those who don't invest or have set aside fund to buy the dip too won't definitely be at the receiving end of the bull season goodies.

Please note that being it bull or bear, no one can definitely determine how long it will take, even the Market cap too as no say either, which means having a set aside fund to invest during the dip is definitely an excellent idea, especially when you have understanding of how strong and reliable such token or coin is in the market.

Posted Using LeoFinance Beta