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Rule 5: The Honeybadger Trade:
Buy the Dip.
Lots of influential actors — Governments, banks,
regulators — fear Bitcoin and try to kill it on a regular
basis. Bitcoin takes massive hit after massive hit, but it
has always rode the punches and bounced back.
Experienced traders have noted this and the advice is
to buy the dip. This is the Honeybadger Trade.
I like the idea of BTFD, as I truly believe in Bitcoin.
BTFD! people on Twitter yell. But it has puzzled me for
a while.
There is a solution. Buy on margin at the dips. The
beauty of this is that you do not need to add funds to
your account, you merely avail yourself of the leverage
already available. Use Bitmex Exchange.