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I have it last year and haven't recovered though not that hurting because that was my earnings from a site and with hopes that it will go up it never bounced up again.
Best Time to Buy Cryptocurrency
- Thread starter Golden9
- Start date
I have it last year and haven't recovered though not that hurting because that was my earnings from a site and with hopes that it will go up it never bounced up again.
I see severaal people mentioning Dollar Cost Averaging and that brings up a good point. In today's Crypto Market there are many ways to obtain Crypto Free, so Dollar Cost Averaging is automatic, your entry cost being zero makes any sale profitable or you simply hold it until it is. Of course if you are earning interest while you wait it drives that cost even lower.
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Never is not here yet.
Yeah, it is good to start accumulating now little by little because nobody can predict the cryptocurrency market 100%. When you use dollar cost averaging strategy you will catch every price.
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Yeah, it is good to start accumulating now little by little because nobody can predict the cryptocurrency market 100%. When you use dollar cost averaging strategy you will catch every price.
Exactly you can do dollar cost average but waiting for certain specific points to buy, but always accumulating I think it is the best.
Dollar cost averaging is the most effective strategy actually. It will help you not to regret if you do it the right way.
Yes, because whoever says that he found the bottom or that such a point is the bottom, is simply lying and believing that he can predict 100% the market and that is impossible.
You could be right but what if the market crashes again? I feel the market still not stable and it'll still decline so better to wait.
That's why I don't usually take some cryptocurrency analysts serious. They always make it seem as if they're 100% current.
Everything is already down in crypto, you mean that it can go lower?
When it comes to cryptocurrency nobody is 100% sure of anything. But my instincts tells me there will be more than downtrend this year. This is not a financial advice.
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When it comes to cryptocurrency nobody is 100% sure of anything. But my instincts tells me there will be more than downtrend this year. This is not a financial advice.
Yes, I am with you that the falls have not yet stopped, today the market was bullish because the American stock market and more so the Chinese due to the end of covid restrictions in the region, but we should not trust yet, the year It has only just begun, we have to be cautious.
every cryptocurrency is at a very low price at the moment. Nobody actually knows the next movement. That is why you must use good investment strategy.
this may even be a bull trap and a lot of people who invests their money will lose. I am not yet investing in the market yet. I am still expecting more downtrends.
The solution is to invest your TIME and earn the Crypto for free, then with a cost basis of zero there is no way to lose unless the entire market closes, but even then you break even.
Well this could be, in my case I am exposed to the market, but I am to a lesser extent, most of it is in liquidity waiting for good points of purchase
Yes, there are many ways to get it quickly and free, but I think that not everyone has the time or, on the contrary, the patience to do it.
