Post
Topic
Board Trading Discussion
Re: Does it still make sense to dollar cost average when the market is crazy bull?
by
tvplus006
on 31/08/2021, 14:54:48 UTC
I'd say dollar cost average with a smaller amount if you are convinced it is a bull market.

During a bear market, increase the amount.

As a rule, in a bull market, you need to trade bitcoin, increasing its amount and, accordingly, in a bear market, on the contrary, it is necessary to increase the number of stablecoins in the wallet. In this case, you will always have the opportunity, in case of a dump, to buy BTC at a lower price, thereby increasing its amount in the wallet.