Let me share some personal thoughts. Just now a friend sent me a message: $US 1 fell 5.47% in 1 hour, asking me whether it’s possible to buy the dip.
I replied: I don’t know where the bottom is, but I do know that rushing in right after a sharp drop often means buying halfway down. I usually wait for the candlestick to stop falling and for volume to shrink before taking a look.
Current price: 0.03042, 24h +88.74%. How would you reply?
#US
My thoughts may be wrong at any time, please manage the risk yourself.
I replied: I don’t know where the bottom is, but I do know that rushing in right after a sharp drop often means buying halfway down. I usually wait for the candlestick to stop falling and for volume to shrink before taking a look.
Current price: 0.03042, 24h +88.74%. How would you reply?
#US
My thoughts may be wrong at any time, please manage the risk yourself.