Post
Topic
Board Trading Discussion
Re: Bottom For Bitcoin?
by
lienfaye
on 24/06/2022, 00:57:31 UTC
how do we wait if it turns out that the price has experienced a bullrun, do we not buy or buy at the price when there is a bullrun. so I think when there is a decline like this time is a good time to buy little by little, if there is another decline it means we can buy it back, and if the market has experienced a bullrun, at least we have assets to prepare to take profit, so it's all about money management and analysis
DCAing is a good strategy because its less risky compared to buying all your funds at once. Anyway the current price is still cheap, its best to buy during this time instead of waiting for the price to recover before buying. As long as you can hold longer and willing to wait patiently until bullrun occur then you can buy now. We're not certain whats the real bottom but think the current price is reasonable to buy.