Should You Buy Bitcoin If There's a Dip Soon?
Even quality assets like Bitcoin (CRYPTO: BTC) experience dips in their price sometimes. In fact, with cryptocurrencies, those dips can occasionally get quite steep, to the point where holders begin to lose their conviction and perhaps close their positions.Planning ahead for these difficult moments is the best way to safeguard your portfolio's value over the long term. Let's evaluate the case for whether Bitcoin is a coin that's always worth buying on the dip, or whether it's a better idea to keep your cash when it isn't performing well.First, let's get a few things straight.Continue reading
Even quality assets like Bitcoin (CRYPTO: BTC) experience dips in their price sometimes. In fact, with cryptocurrencies, those dips can occasionally get quite steep, to the point where holders begin to lose their conviction and perhaps close their positions.
Planning ahead for these difficult moments is the best way to safeguard your portfolio's value over the long term. Let's evaluate the case for whether Bitcoin is a coin that's always worth buying on the dip, or whether it's a better idea to keep your cash when it isn't performing well.
First, let's get a few things straight.
