Welcome to Episode 9 of Thinking like a Seasoned Crypto Investor.
Today, we’re talking about dips. Dips are when the price of a particular cryptocurrency drops from its peak value.
When a dip happens, some investors may panic and sell their holdings, causing the price to drop even further.
However, savvy crypto investors know that dips can be an opportunity to buy more cryptocurrency at a discounted price.
When a dip happens, take the time to research the coin and the technology behind it. If you believe in the project’s long-term potential, this can be a great opportunity to buy more of the coin at a lower price.
It’s also important to remember to only invest what you can afford to lose. Never invest more than you’re willing to lose, no matter how good the deal.
That’s it for this episode of Thinking like a Seasoned Crypto Investor. Stay tuned for more episodes, and happy investing!
