I would like to brief about the current market situation as there has been surge in value of altcoins a much higher surge compared to Bitcoin and many would have utilised this momentum to gain profit but if we look at the other side if you just look for top gainers you will find altcoins with top surge but the next day or after few days if you check the top losers you will find the same top gainers in this list as well. So there is a price increase for altcoin but not a established one like Bitcoin, because we have not seen dump in the value of Bitcoin for over an month now but Altcoins has been pumping and dumping and in my opinion it's not worth to make entery for long term as of now it's good only for quick profit whole being very active. What's your opinion ? Shall we invest or just involve in quick trades ?
This kind of scenario that we are facing now is that if I only have a lot of money, I will buy the altcoins that are at the top, knowing if their price has fallen now. As this correction is happening, it's a really good time to buy. That's why we're not rich enough for me to do that.
That's why I only buy a select few and only the majority, and what is my priority that DCA is doing? Even if it's little by little, at least I have some altcoins saved up, right?