Michaël van de Poppe encourages bitcoin investors to take a contrarian stance and “buy the dip” even amid negative market sentiment. As he notes, trading activity around new bitcoin ETFs highlights significant lingering interest in crypto exposure. Over just three days, these ETFs saw inflows topping $780 million.
Yet rather than align with this appetite, many bitcoin holders instead appear motivated to sell based on bearish sentiment. Van de Poppe argues that this presents a buying opportunity. By purchasing during price declines while others offload holdings, investors can gain upside if sentiment shifts while locking in discounts.
Some key advantages to buying the dip include:
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +- Taking advantage of short-term fear and unlocking discounted entry points that may not persist if recovery ensues
- Dollar-cost averaging into positions over time to smooth out volatility risk
- Contributing stabilized demand against panic selling activity
So for long-term believers in Bitcoin’s viability, van de Poppe contends temporary dips provide fertile ground for accumulation. As opposed to following the herd, he advocates for ignoring pessimistic noise and buying when there’s “blood in the streets” as the saying goes. Those able to stifle emotion and think independently may benefit most.
You may also be interested in:
- Overnight Millionaires: How 4 Traders Cashed In Big On This Meme Coin
- Analyst Suggests Solana (SOL) Could Reach This Level Following Bull Flag Breakout
- Is Dogecoin ($DOGE) Preparing For An Epic Rebound After Holding 100-Day MA, Or Is This a Better Alternative? Here Are The Levels to Watch
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
