Is this a good time to buy BTC/ETH dip? Have been meaning to add to my position

Always a good time to buy on red days. But be mindful not to over invest and manage your risk.

Red days tend to last longer than green days, so always good to size your investment and have cash on the side (:

Yes. Though I have question(s) for you. If you are asking people if now's the right time to buy (in a particular asset), then how confident are you of the bull thesis behind BTC/ETH? What place do you think it has in the world of 5 or 10 years from now? What do you know about the value proposition behind both coins?

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If you are unable to answer the questions above, then you would still be on the sidelines if BTC crashed to 35k, and would be asking if now would be a good time to buy the dip, whereas investors who really know their theses in such coins would have backed the truck up. It doesn't matter if they (or I) bought the bottom or not. They know in a few years the price you pay for NOW will be irrelevant, since it will likely be near 0 (worthless) or nearer to $1m per coin. It's a crazy target but Standard Chartered wrote a report out saying BTC may hit 100K+ USD per coin. So am I really crazy for that $1m price target?

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In any case, my limit orders were filled at 45k to 46k for BTC. I don't really care if it heads down to 30k, but would buy more if it does.

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https://www.channelnewsasia.com/business/standa....

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