These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.
Wowswap exchange? Honestly, this is my first time hearing about this exchange. I also cannot find this exchange on CMC, is this platform safe and legit?
Btw, doing DCA to buy Bitcoin during this market condition may be wise enough. At least we are not all in one time because we still don't know where the Bitcoin price will go, maybe it will be decreasing again or increase. That is why I think that buying some by some, step by step of BItcoin is a good choice.
I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.
Diversifying funds to buy also some altcoins is also one of the wise strategies. But to be remembered,buying altcoins may be very risky than buying Bitcoin. That is why it is better to buy altcoins with lower risks and higher chances to rise up in the future after thebear run.