At moment i have a large list of coins. most i had bought at prices low, while some i am taking a loss at moment.
with recent dips going on. some are below, as its now a buyers market
should i still eventually invest in more BTC? ETH and LTC
should i sell off some alt coins and re buy at a lower price, since everything is still falling?
thoughts?
thanks
The buying signal I perfectly use is I wait for the reversal of downtrend. I also use the support and resistance it's good indicator if you are ready to invest again. I usually hold only 2-3 altcoins on my portfolio, this is to make sure that I monitor each coins on my port. If you already have profit on your coins maybe you can consider it to employ the cost averaging strategy this is to maximize the opportunity of dip.