Post
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Board Speculation
Re: Purchased at $23,500, when should I start to panic? When should I average down?
by
bestcoins1
on 28/09/2022, 10:33:43 UTC
You thought right.  I would say if you can invest in Bitcoin now then you will be better off.  Bitcoin price will increase in coming days so seize the time now without delay.  Now is the right time to invest in Bitcoin.  I think. But as the price of Bitcoin increases, so will the price of all coins.  So it will be better if other coins can be bought along with Bitcoin.
This other coin should really be chosen wisely too in my opinion, because not all other coins besides Bitcoin can be good when the price of Bitcoin starts to increase. Let's say in general the top 20 coins in order of cryptocurrencies are good ones to buy at this point, but I've seen Bitcoin more often than not as my first point of reference when buying another coin. Because other coins still have an influence on the movement of the Bitcoin price, so putting more money into Bitcoin is still a very good choice in my opinion than more into other coins.