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📺Essential Videos📺
CoinGecko Cryptocurrency Report 👉
Why Bitcoin Pumps & Dumps 👉
Binance Tutorial 👉
Technical Analysis Part 1 👉
Technical Analysis Part 2 👉
Technical Analysis Part 3 👉
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– TIMESTAMPS –
0:00 Intro
2:04 What Is The Dip?
4:53 What Causes Dips?
8:09 Altcoin Dips
10:22 How Low Will The Dip Go?
12:35 How To Buy The Dip
15:51 Conclusion
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⛓️ 🔗 Useful Links 🔗 ⛓️
► CoinGecko Q1 Cryptocurrency Report:
► Bitcoin Stock To Flow:
► Bitcoin Dominance Chart:
► Binance Review & Tutorial:
► CoinMarketCap:
► CoinGecko:
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🤔What Is The Dip🤔
In cryptocurrency, the dip is defined as a sudden and sustained drop in price.This is a vague definition because whether or not a cryptocurrency is dipping really depends on its general volatility.
During a bull run like the one we’re in now, it is normal for Bitcoin’s price to go up or down by 5 percent per day and go up or down by 10 percent or more on a weekly basis.
For altcoins, it is normal for their prices to change by more than 10 percent per day, and they can easily gain or lose more than 20 percent of their value each week.
🔎What Causes Dips?🔎
This is important to know if you are trying to buy the dip, because looking at the price charts alone might not give you enough context to make the right call.
The problem with identifying causes in crypto is that it is very rare that you can definitively point to a single factor.
Usually there are multiple factors causing a dip, and each of these often cause overlapping chains of events that can turn into a vicious feedback loop.
👛Altcoin Dips👛
As many of you already know, altcoins are highly correlated to Bitcoin.This is important to remember during dips because no amount of bullish news can save your altcoin if Bitcoin is in freefall.
Altcoins are more volatile than Bitcoin, and this means that whenever Bitcoin dips and decimates altcoins, the profits you’ll get from buying the dip will be even larger for altcoins.
This is because they will rebound much more aggressively than Bitcoin once it finishes dipping and BTC dominance returns to its downtrend.
😱How Low Will The Dip Go?😱
Again, a lot of this will depend on the factors that are causing the dip, and there is no way of knowing for sure where the bottom of the dip actually is.
However, there are no shortage of tools you can use to estimate how deep a dip could get, and all of these can be found on the trading terminals of your favorite cryptocurrency exchanges.
If the entire crypto market is dipping, then your main area of focus should be the BTC/USD chart even if you don’t hold any BTC. Identify levels of support on the weekly timeframe to see where it could fall.
🤑How To Buy The Dip🤑
The daily timeframe typically offers the best vantage point for buying the dip. As with the weekly timeframe, the first thing to look for is visible signs of support.
The way to spot these zones of support is by looking at where prices have clustered in the past, and this is often much easier to do on the daily timeframe.
When you combine the EMA, Bollinger Bands, and RSI, you should get a clear picture of whether you’re at the bottom of the dip in the short term.
You can double check to make sure the dip is really over by using the MACD and trading volume. The MACD should show a trend reversal and sometimes you will spot it in the trading volume as well.
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #crypto #btc #dip #trading #cryptocurrency
Hope the audio is better today guys! And hope that these tips help you identify the next dip 👌. Be sure to follow my other socials where I try to read out these dips real time 👉 https://guy.coinbureau.com/socials/
<.<Stick with Eth/BTC/BNB/MANA/AVAX/DOT/AXS/DOT/SHIBA INU/CRO/ADA/SOL/LTC/MATIC/VET/SAND/VRA/BLOK as much as you can guys. If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind. just remember where it's going and don't be put off by short term fluctuations and don't facilitate this dream into becoming a nightmare .The coin-base thing will undoubtedly be replaced by another incident but it will always correct to higher until it's mooned naturally. Don't give up on it and start day trading it, it will take too much time and concentration. Remember Eth is probably bitcoin part 2. It is quite unfortunate that the most popular word lately amongst crypto enthusiasts and traders alike is “hodl.” This concept of “holding on for dear life” in itself may not be a bad idea but why hold on to an investment instrument which could make you some money, or make you very miserable tomorrow? Making a good profit off crypto is easy if and only if you can find the right entry point and exit point in your day trading. Someone I discovered that has tremendously helped me with this is Mr. Paulson Dmitriev. He has a system which is so effective it amazes me. I have been using his signals and strategies and have turned out a very impressive profit over the last two months. I would suggest him for beginners and even more experienced traders who have a problem turning in a consistent profit. He can be contacted via (paulsondmitriev @ gmail com) , and please when you reach him tell him he was a blessing to my life and my family.>/////
its never too late to buy the dip, but it need thorough study for the coins and market take alook at the news
This guy is a legend and very usefull content as always bravoooo
I really feel left aside hearing and seeing several testimonies from people on profits they make from crypto/Forex investments. Can someone please recommend a good expert that can trade on my behalf and generate profits for me🥺🥺🥺
Best channel ever, I really appreciate all the hard work and information you add here and every day. I always looking to see and learn more about crypto, my journey is just starting and you make it a little bit easier to navigate and get a clear picture. TTHANK YOU VERY MUCH
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I have never seen a better youtube channel in my entire life. you are the best.
Sorry Guy, but you know shit about T A. Otherwise luv ya work. Jjj
Guys pump polygon i don't wanna go to work anymore
I will forever appreciate this channel, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My husband and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation. we all love you😘
Ur a master! Some of financial advisor's hates there job because of you. I think u been in banking or somewhere financial services job's before. I keep learning anyway ,. Keep 🆙
Thank youuuuuu
Carcano and Matic PLEASE GO DOWN!!! 😅
15:25 how low will the dip for Alts go? BTC drop x 1.5 -2 x
brilliant Guy! honestly the best crypto channel on here! thank you so much!
how to buy the dip? sell while its going up so you can buy more as its dropping
Guy is the best thanks guy
This aged well, WOW
Crypto currency is the future, investing in it will be the wisest thing to do especially with the currency
I wish I had watched this video yesterday so I could have better preparation for today's dip
even after 7 Months charts seems the same guys … I am from The Future 4 Dec 2022 , if u didn't buy the dip back then ..u still have the alot of time .
I do no know why BUT your rhyming in the intros remind of Christmas stuff (and since it's near Christmas already, that doesn't help lol) love the videos, new here and I've learned alot so far. Thank you good sir. I would love to be taken under your wing lol
Nice video! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Cecilia Mortimore…
"For example, if one of your favorite shitcoins is crashing because it's turned out to be a scam…"
LMFAO. Love that. Totally expecting some studious, boring, polite shit and that was refreshing as fuck.
when you say 'take profit'…does it mean to invest in stable coins or money in the bank?:D