The crypto market is a rollercoaster, isn’t it? Someday, Bitcoin’s hovering to $100,000; the subsequent, it’s plummeting, and your portfolio seems to be prefer it took a nosedive off a cliff.
Should you’re looking at purple charts proper now, coronary heart racing, questioning, “Ought to I purchase this dip or run for the hills?” — you’re not alone. I’ve been there. In early 2024, I watched my $2,000 funding in Ethereum shrink by 30% in a single day.
Panic set in, however I realized one thing essential: market dips aren’t all the time disasters. Generally, they’re alternatives in disguise.
Let’s discover out why crypto crashes occur, methods to spot a dip value shopping for, and a easy guidelines to speculate safely with out dropping sleep.
By the top, you’ll have three actionable steps to determine if this dip is your second to leap in. Plus, I’ll share how I turned my very own crypto panic right into a $1,500 acquire by mid-2024. Prepared? Let’s dive in.
Crypto crashes really feel private, however they’re usually pushed by broader forces. Consider the market like a stormy ocean — typically, the waves are simply too huge to manage. In 2024 alone, we’ve seen crashes triggered by:
Regulatory Rumblings: When governments just like the U.S. or China trace at stricter crypto legal guidelines…
