Stop catching the 'bottom'! How I buy to avoid panicking from every drop 📉
Guys, the biggest mistake of a newbie is to jump into a coin with the whole amount at one price. Then the price drops by 5%, and panic begins. I switched to 'stair stepping' a long time ago.
The essence is simple: if I have $1000, I don't buy $BTC right now with everything. I divide the amount into 3-4 parts. I place buy orders every -3% or -5% from the current price.
Is the price going up? I'm already in a position with part of the money.
Did the price drop? My average entry point has become lower and more favorable.
It's stupid, simple, but it really saves nerves. Better to earn less than to sit in a huge loss and wait for a 'reversal' for years.
How do you enter? All at once or do you split the entry? 👇
