#每周来晒 In crypto, why do people say, “It’s better to chase the highs than to casually buy the dip”
For educational purposes based on experience only; this does not constitute investment advice!
There is a stop-loss when you chase the highs incorrectly; when you buy the dip incorrectly, there is no bottom. Many retail investors suffer huge losses precisely because of “buying the dip.”
I. Several fatal problems with buying the dip
1. The bottom is formed, not guessed
What you think is the bottom is often merely a midpoint in the decline. There is no floor price in crypto; beneath the floo