#pi New thoughts: The market will need to pull back, and April through June will enter a bear bottom consolidation period. Many people are preparing in advance to catch the dip on pi. I suggest everyone reconsider whether they really should catch the dip on pi.



If you're looking to do short-term trading and swing the waves, catching the pi dip on spot and eating the rebound, there's no problem.

If you're preparing to hold long-term and wait for a bull market, there's certain risk, or perhaps you haven't thought it through. With mainstream cryptocurrencies like BTC or some altcoin mainstays, catching the dip and bottoming out will get you waiting for a bull market. If you hold pi long-term, there's not necessarily going to be a bull market. Instead, it's possible the advantage you gained from catching the dip and bottoming out will slowly get worn away.

Just like how pi previously oscillated in the 0.21-0.23 range. Once it pulled back to 0.16, maybe you caught the dip at 0.17, it bounced to 0.19, and you sold to lock in the profits from the dip. But many people didn't sell and held firmly, and after continuing for several days it dropped further to 0.15. Catching that dip and bottoming out ended up losing money instead.

Pi, this kind of centralized inflationary coin with no real ecosystem, is structurally bearish long-term. Catching dips carries one extra layer of risk compared to mainstream coins.

Pi is only suitable to enter once it reaches the deflation phase. At this stage, it's short-sell territory. And deflation, with its massive scale and slow progress, is slow inflation. It may take ten years or more to fall, and after two bull markets, whether there's even a bull market is questionable.

I suggest everyone who is genuinely ready to enter and catch the pi spot dip please factor these considerations in.
PI-4.9%
BTC0.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin