Quote from: Mauser on July 13, 2022, 11:40:59 AM

Quote from: tigerwood0432 on June 19, 2022, 10:35:38 AM

keep 50% of my money in cash in case it goes more down and get good average to put orders like this :

25% @ 15,000$

25% at 11,000$

will have a good average price

That's the best approach you can do when it comes to trading, split your orders in smaller sizes and trade over a longer period of time. Nobody knows exactly when we will reach the bottom, it's predictions and only time will tell if we were right or wrong.

No one knows, but some indications that Bitcoin has already reached the bottom of the bear cycle. I know I currently sound like a broken record, but I was broken record too during the whole of 2019, screaming at everyone to buy the DIP, and HODL. Cool

Quote

Similar to your approach I have been buying bitcoins for the last two months now. Buying every 4 weeks seems like a good interval to take advantage of the dip abs get a good average price. Your 2 orders are fine if the price will drop further. But what if the worst is already behind us and prices are recovering? Than you will have missed out on investing 50% if your money.

If the price is recovering, you buy EVERY DIP, which will end higher than the last DIP.