From Pexels
Buy the dip is the only option we have.
Although, Bitcoin Cash is heavily manipulated by exchanges and the dips are more severe than BTC.
When there is despair in the investing sentiment is the best time to invest. It is like an opportunity that is possibly there for a very short time, maybe a few weeks, days, or even hours.
BTC plummeted today at levels lower than $60k, and the market sentiment changes rapidly from bullish to bearish.
I expect all this to be irrelevant for Bitcoin Cash as it keeps innovating and increasing its user base. The BCH trend is upwards and seems difficult to change, odds are in favor of us.
Buy the Dip, Watch Price Bounce
From Unsplash
What we suffer from today is impermament, we don't lose any money until we sell. Now that prices are lower it is another opportunity for investors to buy more. Buy the dip.
I am advising often on investments by sharing my knowledge. Since the reason for the latest sale is once again negative news coming from China.
The bull market is immune to China FUD, this is why once again the market reacted negatively.
Also for once again we see the dip stopping when interest in Bitcoin Cash was beginning to rise.
Each time Bitcoin Cash is beginning to break out of the pattern and reach to a better price territory, "bad news" appear and drag the whole market down.
Is this coincindence? Exchanges with leverage trading are making the most and liquidate billions every time. But there comes a problem too, these exchanges also trade, and the algorithms they use are supportive to what they think they should always support, Bitcoin.
Bitcoin Cash is again at 0.01BTC price which is terribly under rated. It makes the market look nonsense since we see networks without a network effect preform 5-10 times better than Bitcoin Cash.
Bitcoin Cash is competing with low odds.
Finally
From Pexels
Despair is what should be waking up the trader's insticts and be ready to buy when scared investors are selling. Some algorithms sold today, there was nothing massive that can hurt the long term potential of Bitcoin Cash.
On another issues I wanted to bring and I will discuss later, is that Marc De Mesel is fighting alone a honest fight in Kenya and we wish the best to this man.
Marc is honest and open person, that doesn't hide his investment strategy but is open to explain and discuss his terms. This is a successful investor that I hope to see back with us, the sooner, since we miss him and his support to the Bitcoin Cash, noise.cash, and read.cash community was always highly regarded.
Dear @MarcDeMesel , I am sorry for tagging you, I just want you to know all members of these two communities (read.cash and noise.cash) are with you and always wonder about your whereabouts.
I was glad to see your last comments on Twitter and hope to have you back as Bitcoin Cash is about to become more useful, more adopted and even better.
You are an integral part of this community and I keep reading from other members of the community (like developers and YouTubers) how much they value your presence.
This adventure will only make you stronger.
It is encouraging to buy as their is dip now. The last time I checked it was -11.3% decrease. But I'm out of fund now and I can not buy now