Before taking advice on this sub; remember the average user only has $500 on the line
1 min read
I’ve seen several posts calling for “Buy the dip” and DCA since the B Word conference pump started
These posts only increase when the chart is green not red. Usually with no TA or FA backed advice just “I timed the bottom; up X%.” It works trust me
I know it is easy right now if you have a sub $500 account to jump in. But when it grows to $10,000 you need to realise the risks involved
Taking profits isn’t a sin
“No one ever went broke taking profits”
But a lot got REKT HODL to the bottom
When you see a post with no chart analysis, fundamental news or even a market shift. But is calling for you to HODL and buy the dip. That guy just got lucky or wants you to pump thier bags
Waiting a couple days to do some research or hell laddering in 25% a time is good. If an experienced trader cover your assets with a short or put
submitted by /u/GodlordHerus
[link] [comments]
