Post
Topic
Board Altcoin Discussion
Re: The price is dropping so when is the right time to buy?
by
Jinbe Vivaldi
on 21/01/2018, 15:18:24 UTC
i think the right time to buy is when we know there will be good news will come
we can read that in online news, or according to the roadmap, etc
You never know when the price stops falling.
You can buy the coins you want with your available money at once, or (as I do) divide your money in 3 - 4 parts and start buying using every time one part of them. I think it is called dollar-cost averaging.
This strategy is a way to avoid the volatility of the market because you are averaging prices over time.
You took a good desision buying at the dips, you'll never make money just sitting on the sidelines
yeah, the worst case is the developer abandon that coin..
it will be zero coin