>buy during the dip
>next day make 10-20% gains on everything
>repeat on next dip
how is everyone not already rich?
If you make 20% on every trade and start with $1000, it will take to 22 trades to break $100,000 if you go all in every time.
>>2738722
Because the problem is:
>buy during the "dip"
>oops thats not the dip im down 30%
>>2738722
Because I'm holding long and can't afford to day trade because the main investment could moon any day without notice :'(
>>2738740
the dips are pretty obvious, absolutely everything is red, then they level out and absolutely everything goes green
>>2738754
doesnt always work like that. Sometimes things that seem to have tons of support at a certain price fail and what you thought was the floor is actually far from it.
>>2738769
Stop loss?
>>2738722
I bought the dip many times, however millions of other people decided that my personal dip was not their personal dip so it dipped even further.
>>2738722
Bought Litecoin at 52 (before the dip).
Woke up, it was down to like 48 and kept dropping (down to 45). Sold at the bottom.
Then I bought ETH.
Basically, can't do anything worse than that.
>>2738722
>When the whole market is in the red so is your
BTC or ETH you used to but said shitcoin
> unless the gains are >40% you don't prfit shit
>>2738805
Bought LTC at 30
Sold at 44 thinking it was gonna be it's ATH
Up to 57 AT and never below 45 again
Can't buy back in, but still made some profit
Did I lose?