Dipper than depth

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5 Oct 2022
15

After the cryptocurrency market's collapse in 2018, many cryptocurrency investors only recently become familiar with it. Many investors truly learned how hazardous and speculative the cryptocurrency industry can be over this year. However, there are dangers associated with just about any investment you make, so purchasing a cryptocurrency or token during a slump does not actually ensure that its price will rise over time.

You need to grasp the nature of the market you are participating in and possess great emotional intelligence. When it comes to investing and dips, you have a saying: "buy the dip." This refers to buying a security or asset after it has repeatedly undergone a short-term decrease in price. During its long-term uptrends, purchasing this dip can be advantageous; nevertheless, it is unprofitable or more difficult during secular downtrends.



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