<p>I'm a newby to the crypto world and one thing that I have seen a lot of is people saying to 'buy the dip!'.</p>
<p>Fair enough, I like that idea. However, I have limited funds, and so thought that the best way to go about this is to wait until Bitcoin is up, sell a bit, wait until the next dip and then buy some more...</p>
<p>The problem is that I do not want to keep all my coins on an exchange like Binance (there are a lot of horror stories floating around there), so I want to move everything to e.g. Exodus. That's fine, but then I will need to constantly transfer between Exodus and an Exchange when I want to sell or buy. This will undoubtedly incur high network fees.</p>
<p>What is the best way to go about this, without spending huge amounts on network fees? Can I convert some of my coins to a stable coin (if so, which one?) when selling and then convert back to my coin of choice when buying?</p>

<wallet><transaction-fees><exchanges>
How to 'buy the dip' without constantly incurring network fees?
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# How to 'buy the dip' without constantly incurring network fees?

(Asked by: username_0 on 2021-03-25)

I'm a newby to the crypto world and one thing that I have seen a lot of is people saying to 'buy the dip!'.

Fair enough, I like that idea. However, I have limited funds, and so thought that the best way to go about this is to wait until Bitcoin is up, sell a bit, wait until the next dip and then buy some more...

The problem is that I do not want to keep all my coins on an exchange like Binance (there are a lot of horror stories floating around there), so I want to move everything to e.g. Exodus. That's fine, but then I will need to constantly transfer between Exodus and an Exchange when I want to sell or buy. This will undoubtedly incur high network fees.

What is the best way to go about this, without spending huge amounts on network fees? Can I convert some of my coins to a stable coin (if so, which one?) when selling and then convert back to my coin of choice when buying?

**Tags:** wallet, transaction-fees, exchanges


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## 0 answers

