Data shows that a large number of cryptocurrency traders have been fooled by calls to “buy the dip.”
What Happened: Blockchain analytics platform Santiment has established a reliable trend of the mainstream crowd being incorrect on calls to buy the dip.
“As we can see, when ‘buy the dip’ begins to trend, prices typically don’t bounce as traders were hoping,” analysts at Santiment said.
“It is often not until after …
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