Post
Topic
Board Speculation
Re: Purchased at $23,500, when should I start to panic? When should I average down?
by
rodskee
on 20/09/2022, 04:29:47 UTC
I think I made a mistake buying at $23,500 (obviously), so when should I really start to panic now that we dropped to $18K?

At what price point now should I consider to add more to average in at? Like, if you owned a bitcoin at $23,500, would you wait for $10K or 15K to start adding more to average in your high price of $23,500?
The current situation i have two stages in making an investment, i know market things like this have happened before, if i want to buy bitcoin i will buy two stages, buy now one stage and buy when Bitcoin really hit rock bottom, it's the best move if you do.
the mere fact that you are investing in bitcoin is that you knew already how much risk you need to put and how much you wanted to earn because this is the safest but fast moving coin so buy coins now or buy coins later? that is what we need to decide and what we wanted to attain.

for OP? there is nothing to worry because it will surely increase in the future , maybe not too soon but at least too sure.