We all rejoice when Bitcoincash pump until $1650 which is the Highest All Time High this year. Not just me for sure but everyone here who is a Holder of Bitcoincash. I already secured my profit when Bitcoincash hit at $1500 but some of was sold too early and that I'm regretting it now. But it's okay, I can just sell some of my profit again when it hit another ATH. How about $2000 on the coming days?
I already experience a lot of Pump and Dumps of Bitcoincash on my 9 months stay here in read.cash and all I can say when you experience it for the first time is to HODL it. Don't panic selling amd HODL it. Don't sell just because it dumps and you already loss some dollars on it. Just stay on your track and you are still good to go. You can just wait for Bitcoincash to pump again and we are all gonna be happy again.
I can still remember the time that I experience the first not a super pump of Bitcoincash that even if the profit I gain is only $1+. I am holding it on my Bitcoin.com wallet and that is where I first use the swapping feature of that Wallet. And the 2 minutes I waited for it to be swapped is like forever. It's my first time and I am happy because I gained profit on it just by hodling it.
But I questioned this Buy and Selling method because when the price dumps the money I had was also at lost so what's the use on selling and buying it? But there's a good explanation about that here: How to Buy & Sell (Spot Trading). Just remember this "Buy Low, Sell High." So I learned my lesson here and that's where I start my journey. I will sell my profit when Bitcoincash price pumps and then buy again when it dumps.
So when a coin dumps it's only natural because just like what everyone said "In every pump there's a dump" and "In every Dump there's a Pump." And while the market is still bloody, remember the time when you sell the profit you gained in Bitcoincash? You can now use that to take advantage in this deepest dip. I think it's not a dip anymore but a Crash lol. But I believe in Crypto that's why it will recovered soon.
So, if you have a stablecoin there this is your chance now. But I heard, this is not the deepest dip yet. If you can wait then wait for the deepest dip. As for me because of my wrong decision and I don't really watch or read news. I bought some coins too early including Bitcoincash. I bought it at $1289 ang that is very wrong lol. I really thought it won't dump this bad but, it really dump ng wagas at ako ngayong gulong gulo, chorr lol.
But it's okay, don't panic folks. Belive on your coin, our coin. It will pump again for sure that's why HODL it. Don't sell it when you are at lost. Don't do the same mistake I did before when I still have the weak hands and afraid of the sudden dumps. I'm like that when I'm still new to this but I already learned my lesson and now I'm not panicking at all. I feel sad because it dumps really hard but at least I experience the feeling of having a full $2000+ on my wallet, tho it's only for a short time lol.
So guys, I repeat don't panic. Instead take advantage of this dumps of coins and buy the dip. It's a great time now because a lot of coins is affected. Even ETH, BNB, and other more who's on track last last month until last week. It is just sad that I buy too early when there's already a news circulating that BTC will dump until $40k. I just heard it to someone and I was like. I bought it at $47k , the fudge seriously.
Ciao.
Recent Article
Read this to Start in Club1BCH
May 19, 2021
--
Dip will always be seen as good opportunity to buy more but to less loss and expect high return, I suggest stakeable coins is the key, a coin like AWC token as it has great potential will always be the best. More info about AWC - https://atomicwallet.io/token