💹 How to buy the dip correctly? "Buy the Dip"
Nowadays, the market is going down after a strong rise… and it's natural, every market goes up and down.
The difference between those who lose and those who benefit? The method of buying!
Steps to buy the dip professionally:
1️⃣ Identify strong support:
Before you buy, see where prices usually stop going down (strong support or previous price level).
2️⃣ Divide your balance:
Don’t invest all your money at once, divide it into installments so you can benefit if the market drops further.
3️⃣ Wait for buying signals:
Look at the candles and the RSI, and don’t enter before a sign of a reversal appears.
4️⃣ Set a stop loss:
Determine the price that if broken, you exit the trade to minimize losses.
5️⃣ Be patient:
Buying the dip is not a race… the goal is to benefit from the correction, you shouldn’t rush.
#BuyTheDip #buy_long #BinanceHODLerMorpho #FOMCWatch #BNB_Market_Update
