Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.
The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?
What will happen next?
How long do you think the market will take to recover?
Seeing the market continues to bleed, its most likely that this bear market won't easily recover and if i'm not mistaken, the year 2022 may not be bullish at all. So never expect for a faster market recovery as we are still in a bloody market. Instead, wait for the bottom price of bitcoin or ethereum, but always do DCA while doing that. As it increases your chances to build more wealth in your portfolio while always taking advantage in every market dips.