A lot of people are asking whether they should 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 have to ask, right?
Looking at the chart, we’re at 75K. Before it breaks below that level, does it really matter whether you think it’ll fall to 60K or 50K?
On the chart, 75K is the most crucial support right now. So whether you’re going long or closing a short, if you’re not trading around this level, where else would you do it?
So whether you’re going long or buying the spot dip, in the short term you can enter here with this level as your support, and just set a stop-loss if it breaks. It’s as simple as that. Why make it so complicated? “What if it drops? What should I do if it drops?” If it drops, just stop out. What else are you going to do, drink pesticide???
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 have to ask, right?
Looking at the chart, we’re at 75K. Before it breaks below that level, does it really matter whether you think it’ll fall to 60K or 50K?
On the chart, 75K is the most crucial support right now. So whether you’re going long or closing a short, if you’re not trading around this level, where else would you do it?
So whether you’re going long or buying the spot dip, in the short term you can enter here with this level as your support, and just set a stop-loss if it breaks. It’s as simple as that. Why make it so complicated? “What if it drops? What should I do if it drops?” If it drops, just stop out. What else are you going to do, drink pesticide???
