Fairly new to crypto so I am by no means an expert but I want to use this current market to increase my portfolio while prices are low.
The current market might be a good opportunity for the case of bitcoin but ETH and BNB are still trading around its ATH hence you may need to be cautious. I like to suggest you to go investing only on bitcoin with the plans of holding for years to avoid any disappointments.
This time last week I was reading articles and watching youtube videos saying how certain coins were a great price and could 5x 10x or even 20x this year, so surely now is a good time buy?
If you invest in at least 25 different coins then one or two may get you profits up to 10x or more. But, basically bitcoin will get you 10x profits every four years hence you should avoid risking in random coins.
I am investing in crypto to hold long term so I am not panicking at all about the money I have invested so far and will not sell anything. I just want to buy when prices are low and hold when then start rising again.
You may go for DCA with bitcoin to make sure that you are not missing out any dips. Do DCA with bitcoin only so that you will not regret later on.