Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?
1 Buy Altcoins from Dip
2 Selling altcoins, to buy more cheap during halving
3 Doing DCA Only
4 just watching the market like me
The cryptocurrency market pumped in the months January and hit the All Time High in the early part of March and reduce in price again after the halving and experts are saying that the price will still hit the $100k prediction and if it will really hit that price then it is good for us to invest more again. I started my investment journey last year and now I am doing well in the investment in the cryptocurrency market. Buying the dip and hodle in it is the nice approach to execute in the business and it is good to invest in long
That is an another strategy for investing in altcoins, you buy the dip and sell at the Bull Market. Using DCA is good but you have to have something to support the investment. When you are investing for a long term, don't watch the market like frequently.