CryptoAnalysisDynamo on Nostr: Afraid to say that the one thing I keep putting out is to not "Buy the dip" is ...
Afraid to say that the one thing I keep putting out is to not "Buy the dip" is exactly what most are doing. There are articles written about this on our site at www.cryptostatto.com/articles .
We know that an overriding number of users on Nostr are Bitcoin Maxis. However, there are gains to be made in crypto and some great projects.
The key thing most keep cycling out on X and on YouTube are ridiculous phrases like "Which coins are you buying?" "I'm buying the dip" "New prediction for ADA is $10 in three months."
These crypto influencers owe you nothing. There is no contract, once you have bought coins with your last amount of savings and it drops 20%, these scammers won't be there to cover your losses.
Indeed, if they are genuinely buying coins, it will undoubtedly be rebalancing their portfolio a bit.
Another thing which is incredibly vulgar are those screaming, "Bitcoin has dropped to $80000, now it is $84000, I bet you are kicking yourself!" To make that $4000 you would have to risk $80k or use leverage and we know how volatile crypto can be.
This is why I created crypto statto, to provide metrics and data to help people accumulate coins. Still a good way to go, but we need more honesty in the Cryptocurrency market.
The only way to build crypto is to accumulate it for as little to no cash as possible in my opinion.
Do your own research. Ciao.
Published at
2025-03-18 23:04:49Event JSON
{
"id": "24ff20098d28398b6ddd63fdc47d05e1e1fc20f3cbb06ec9de3520c8eaa45597",
"pubkey": "819aef51e57c807b3cd9aa14ec5259cb5a80fb2643a7f5e62772a11d6fb06f6c",
"created_at": 1742339089,
"kind": 1,
"tags": [],
"content": "Afraid to say that the one thing I keep putting out is to not \"Buy the dip\" is exactly what most are doing. There are articles written about this on our site at www.cryptostatto.com/articles .\n\nWe know that an overriding number of users on Nostr are Bitcoin Maxis. However, there are gains to be made in crypto and some great projects.\n\nThe key thing most keep cycling out on X and on YouTube are ridiculous phrases like \"Which coins are you buying?\" \"I'm buying the dip\" \"New prediction for ADA is $10 in three months.\"\n\nThese crypto influencers owe you nothing. There is no contract, once you have bought coins with your last amount of savings and it drops 20%, these scammers won't be there to cover your losses.\n\nIndeed, if they are genuinely buying coins, it will undoubtedly be rebalancing their portfolio a bit.\n\nAnother thing which is incredibly vulgar are those screaming, \"Bitcoin has dropped to $80000, now it is $84000, I bet you are kicking yourself!\" To make that $4000 you would have to risk $80k or use leverage and we know how volatile crypto can be.\n\nThis is why I created crypto statto, to provide metrics and data to help people accumulate coins. Still a good way to go, but we need more honesty in the Cryptocurrency market.\n\nThe only way to build crypto is to accumulate it for as little to no cash as possible in my opinion.\n\nDo your own research. Ciao.",
"sig": "a3fde8467572a689b66b12585a06ee31b6130228014fafeea283d3187efa1a841cd9da07fc4fe40d617110eeaf479e50a21967728153634d1cf2e48a6fe474b6"
}