BTD, or Buy The Dip, refers to a strategy where investors purchase an asset after its price has dropped. The idea is that the decline is temporary and the value will eventually rise again.This approach is based on the belief that price corrections create buying opportunities. Investors often buy during these dips with the expectation of profiting when prices recover. In markets like cryptocurrencies, where volatility is common, many traders might see price drops as chances to acquire assets at lower prices. They often use this strategy during market downturns, believing in the long-term potential of their chosen cryptocurrencies. However, it’s important to note that not every dip is followed by a recovery. The risk involved means that while BTD can be a profitable strategy, it requires careful evaluation of market trends and the specific asset’s fundamentals.
Franklin Templeton Forecasts Bitcoin Adoption as National Reserve Asset by 2025
Franklin Templeton, one of the world’s largest asset managers, has projected that nations could begin adopting Bitcoin as part of