

Time To Buy The Dip? | 1000x
13 snips May 2, 2024
Discussion on whether it's time to buy the dip in the crypto market post halving, bullish case for ETH, strategies for finding the next big trade, insights on staking vs supply dilution, trade structure for alpha, and exploring on-chain derivatives protocol Perennial for efficient leverage.
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Market Sentiment Shift
- Extreme bullishness at $70k Bitcoin blinded many to the possibility of a drawdown.
- Now, at $57k, the same crowd has flipped bearish, highlighting market sentiment's fickleness.
Bitcoin Valuation
- Assess Bitcoin's attractiveness based on risk/reward and value/momentum.
- Consider buying at lower levels, like $57k, where value buyers might enter.
DCA and Diversification
- Don't overtrade or FOMO; instead, DCA into crypto.
- Buy at dip levels, diversify into new tokens, and learn by having skin in the game.