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Should I buy the dip?


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  • 3 weeks later...

It is good to buy the dip if you are prepared to hold it for a longer duration. Ethereum is a relatively stable coin but we never know if it has actually hit the lowest yet. There is a threat of stagnation as well. So it is better to wait for the consolidation to end.  But, if you are into trading then you can go for it. 

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Yes, you can. Once the markets begin to rise, you can easily ride them to a profit. To be successful with this strategy, however, patience is essential. Do not anticipate a sudden increase in costs within the next few days or weeks.

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  • 9 months later...
  • 1 month later...

Well this is something that you must decide yourself, after doing your research, we may be on the verge of a recession, and that the market could fall to lower levels, but in the long term, I think it can be profitable to buy mostly consolidated cryptos, such as Bitcoin and Ethereum.

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