Do you have bull chips but no dip? You're in the right place. Here are the juicy dip buy levels I am eyeing.
Key percentages are outlined. We already have a 27% drop from all time high. A 30-35% drop from all time high would be in line with the corrections we saw in 2017. Keep in mind, that buy levels are areas or zones. There is no exact price line at which price will stop for certain. You should accumulate in the area. So with that in mind, I increase my positions in tiers like a pyramid. Starting with the first dip zone. You never know if price will ever make it to a certain zone you are watching to buy. So while the mother of all dips looks delicious you are not guaranteed to get it. A good choice is to buy along the way, so if you don't get filled at a zone, well at least you got some dip right? Some is better than none, that's what my doge used to say.
Now I will be the first to admit, if I am wrong and price never finds bottom and say we enter a full crypto winter. There are two options to take. Either you admit crypto is a farce and it's all over (again), sell everything and take a substantial loss because buying in tiers essentials means averaging down. OR you hold for the long term because that's your plan to begin with...I'll take option 2. My personal outlook is 10 years minimum. Final note, what happens if the line of sand is crossed? I won't enter any new positions until a new bull market is confirmed.
This chart and information is strictly for those that: HAVE A LONG TERM BULLISH BIAS AND ARE LONG TERM HODLING.
Key percentages are outlined. We already have a 27% drop from all time high. A 30-35% drop from all time high would be in line with the corrections we saw in 2017. Keep in mind, that buy levels are areas or zones. There is no exact price line at which price will stop for certain. You should accumulate in the area. So with that in mind, I increase my positions in tiers like a pyramid. Starting with the first dip zone. You never know if price will ever make it to a certain zone you are watching to buy. So while the mother of all dips looks delicious you are not guaranteed to get it. A good choice is to buy along the way, so if you don't get filled at a zone, well at least you got some dip right? Some is better than none, that's what my doge used to say.
Now I will be the first to admit, if I am wrong and price never finds bottom and say we enter a full crypto winter. There are two options to take. Either you admit crypto is a farce and it's all over (again), sell everything and take a substantial loss because buying in tiers essentials means averaging down. OR you hold for the long term because that's your plan to begin with...I'll take option 2. My personal outlook is 10 years minimum. Final note, what happens if the line of sand is crossed? I won't enter any new positions until a new bull market is confirmed.
This chart and information is strictly for those that: HAVE A LONG TERM BULLISH BIAS AND ARE LONG TERM HODLING.