I realize no one knows when the drop will level off. Im wondering though since i just bought a bunch more yesterday and lost a bunch more by today (lol never spend more than you can afford to lose) when do you foresee this leveling off and time to buy other currencies? Or how would you judge when the right time to buy is besides checking the mkt hourly and driving your self nuts? Id buy more today if i see a shift towards a leveling off however when i see 10-40% drops daily id like to mitigate losing hundreds of dollars per coin in a day when I buy more of them to hold onto.
Wait and see is the right decision if you want to buy when the price is dropping but it still hard to buy at the exact bottom so as long as the price is quite cheap i don't mind buying it as it will recover and i will already in profit. I always set stop losses so if the price go down i have the opportunity to buy back the coin cheaper.