Hi all,
First started investing in Crypto 10 weeks ago early November but am yet to get involved with Bitcoin.
I want to start investing in Bitcoin for the long term - is the best way to dollar cost average or do you just buy when you feel the price is low?
I am yet to DCA with any of my crypto and just buy when I feel price is low but seeing as Bitcoin is the safest hold for long term thinking of DCA.
I take advantage of market and how do I do that? I am too good in TA, but I know when the market is favorable and when it's not good to enter.
The best time I buyed btc is usually everyone is shouting that btc is going to die, it's going to zero especially when it's so tense that all hopes are almost lost, I buy during those periods and always at discount because I know it will bounce back back.
The few TA I noticed is that the weekly and daily MACD always be in high pressure sell side but I don't rely on it too much since it's a lagging indicator.