Post
Topic
Board Bitcoin Discussion
Topic OP
Does it still make sense to dollar cost average when the market is crazy bull?
by
4thewin
on 15/04/2021, 15:44:07 UTC
Hi, normally I'm a fan of dollar cost averaging.  But I'm thinking of not really dollar cost averaging because the market is obviously a very bull market right now for BTC.

What do you think will be the best strategy to enter the bitcoin market today?

Pick the lowest dip I can find say, this week, and invest all my principle. Or, dollar cost average anyway....if so, over what time horizon? Surely not over the next year.  Maybe a week? A month?

I personally believe that the train has almost left the station, which is why I am wondering if it makes no sense to dollar cost average at this time.