At the current market condition and having bull run in mind, these persons have $10,000 to invest.
- Mr. Bob goes 100% with bitcoin.
- Miss Alice goes 50% bitcoin and 50% random altcoins.
- Mr. theymos goes with bitcoin but $100 weekly DCA.
My preference would be to go with Mr Bob, it’s not as exciting as Miss Alice & the potential profits will be less than if Miss Alice hits random lucky altcoin pumps but slow & steady wins the race. I prefer the more proven method.
DCA can be good but with the bull run nearing I think if’s too late to take advantage of DCA, smash buying would be better at this stage in the cycle.