Post
Topic
Board Trading Discussion
Re: Should I buy BTC or DCA other coins?
by
teosanru
on 26/05/2022, 19:13:01 UTC
Since prices are down, I am going to spend some money for shopping. Not a lot, just what I can spend.
Now the question is, should I buy BTC (currently I don't have any BTC) or should I do DCA for ETH, SOL or DOT?
Now the reason I am asking this question is I have some of ETH, SOL and DOT, and I still consider that my ETH and DOT average prices are little bit higher, so DCAing would be nice option. But then, given that the I am little concerned what might happen to SOL and DOT in this phase of the market. Anyway, thanks. 
DCA other coins. If you are going to be a longer-term holder then always DCA other coins, but yes make even BTC a part of those coins, if you are someone who likes to move in capital sometimes and move it out sometime then you can go with buying BTC first and then buy other coins, the reason being in any bullish scenario it's always BTC that races up first and only then you'll see rest of the coins following the footsteps of BTC, so if you time it beautifully then you can enjoy moves of both BTC as well as the alts. But yes timing it can be slightly difficult as well so if you are even a bit skeptical, just stop doing it.