The Dip keeps Deeping in the crypto-ocean

Buying the dip can be a very risky strategy, causing an increased risk to the trader if he averaged down.

You can never know how DEEP the dip can keep dipping, and you might enter into a TRAP.

I always recommend traders to enter with momentum and exit when the momentum is starting to reverse.

This is what many legendary traders like :

Jesse Livermore and Nicolas Darvas and Richard Wyckoff meant when they said: "Let the market tell you what to do, the market is always right"

Hope this will help some young traders develop good habits :)

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