Post
Topic
Board Altcoin Discussion
Re: Buy the dip or keep waiting?
by
LogitechMouse
on 10/01/2022, 08:58:08 UTC
I am just wondering what everyone else is doing at the moment? Are you buying now or do you feel the market is only going to keep falling over the next few weeks/months and we should wait a while longer?
Make a survey with at least 100 crypto investors and most of them might say the same thing with what they are doing right now. Dollar Cost Averaging.
I had watch a youtube video just days ago and it shows there that if you just bought the top 10 coins in 2017 and held it until now, you're still in profit even though there is a huge loss in 2018 but that is if you really are holding until now.

That shows that dollar cost averaging will give you profits in the long run than giving you losses but there is an exception with that. Just buy Bitcoin and Ethereum. Do dollar cost averaging with these 2 coins and for sure it will give you profits in the long run and it really is. Just see the previous chart of the 2 coins. As for me, I'm just dollar cost averaging. Still buying Bitcoin and a bit of Ethereum monthly.