A lot of people are asking whether they can buy the dip. #BTC
Usually, asking it that way is like walking into a store to buy an iPhone and asking, “How much is an iPhone right now?”
What color do you want? How much storage? Which model? Mainland China version or Hong Kong version? You’ve got to be more specific!
Looking at the chart, it’s at 75K. Before it breaks below that, does it really make any difference whether you think it’ll fall to 60K or 50K?
On the chart, 75K is currently the key support level. Whether you’re going long or closing a short position, if you’re not trading around this level, where else would you do it?
So whether you’re going long or buying the spot market dip, in the short term you can position yourself here and cut your losses if it breaks below. It’s as simple as that. Why make it so complicated? What if it falls? What do you do if it falls? Just cut your losses. It’s not like you’re going to drink pesticide if it falls, are you???
Usually, asking it that way is like walking into a store to buy an iPhone and asking, “How much is an iPhone right now?”
What color do you want? How much storage? Which model? Mainland China version or Hong Kong version? You’ve got to be more specific!
Looking at the chart, it’s at 75K. Before it breaks below that, does it really make any difference whether you think it’ll fall to 60K or 50K?
On the chart, 75K is currently the key support level. Whether you’re going long or closing a short position, if you’re not trading around this level, where else would you do it?
So whether you’re going long or buying the spot market dip, in the short term you can position yourself here and cut your losses if it breaks below. It’s as simple as that. Why make it so complicated? What if it falls? What do you do if it falls? Just cut your losses. It’s not like you’re going to drink pesticide if it falls, are you???
