Hi, i am wondering if i should buy a little bit of top 20 coins at current prices, 8th dec 2018, or wait until the market gets lower. What do you guys do?
I have bought the current dip, or at least... when market cap was still around 120 billion usd. Following my policy to buy after huge drops only, i planned to buy the next dip if market cap is around 60 billion usd. But should i not buy the current dip twice? Because what if the bakkt launching next month is succesful? What if it gets followed up by the ETF getting approval in the february sec-decision? What if it all comes paired with new developments that occur? Is this a realistic scenario for short-term?
What would you do, if you were following my plan/policy? I don't buy with large amounts so i can take some losses, what do you think is best?
I agree with your plan. Then each of us should choose the time of the big dumb of the market and then start to buy the top twenty currency in the market, but should not buy large amounts to take some losses, just enough amounts if the price rises in the market will bring you good money, you have to be patient, as you see 2018 and until today, we have not found the pump we hope.