How to Buy the Crypto Dip the Right Way
Beginner
Trading
May 16, 2021
5 min read
Prices of the cryptocurrency fell by 20% within a day: Is this the dip that we’ve been waiting for? The fluctuation wiped out up to $365 billion in the crypto market, after Elon Musk’s tweet about the reversal of accepting Bitcoin as a payment option for Tesla’s cars.
However, the kings and queens of cryptos, Bitcoin and Ethereum, bounced back at 0.8% and 2% at the time of writing. Therefore, the crypto market still presents a bullish opportunity for investors, especially with rising concerns about interest rates.
Are you wondering, “So, how do I leverage this market dip and gain the most out of it?” You’ve come to the right place. This article will provide everything you need to know about buying the crypto market dip.