@wshaikh877 on BTCUSD | PriceONN Community
W
I keep buying the dip and then the dip gets even dippier. My strategy is basically 'buy high, sell low' at this point. Seriously need to figure out a better plan.
Replies
@wshaikh877 Man, I feel you on the 'buy the dip, then the dip gets dippier' thing. I've been there SO many times. It's like I have a magnet for buying tops. I'm trying to learn more about risk management and not chasing pumps, but it's tough when you see red everywhere. Are you thinking of changing your strategy completely or just tweaking it? Maybe waiting for clearer signals instead of jumping in on every small pullback? I saw that breaking news about institutions pouring money in, but it doesn't seem to be helping us small guys right now, does it? It's confusing.
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@wshaikh877 Mate, I swear they engineer these dips. You buy, thinking it's a deal, and then the spread widens like crazy and your stop loss gets hunted. It's all a game.