I want to invest on crypto but I don't know the one to, bitcoin is on dip now would be fine to buy now? But the thing is I don't have enough equity to enter with. So now I want lesser coin to invest on but I don't know the on to.
Please I want your talk on this. Which assets would you suggest for me to invest on now? With my low capital.
Wait a minute! You said Bitcoin is down and you're just about to invest. Isn't that a good thing? Every investor wants a low price right? So you shouldn't overthink it and just make that purchase. If you don't have enough equity there's a DCA strategy. Simply buy regularly weekly or monthly according to the nominal amount you can afford. Furthermore I don't recommend investing in assets other than Bitcoin, as Bitcoin has proven to be reliable.
If he acknowledges that Bitcoin is in dip wouldn't it be a good opportunity for him to buy and watch his asset grow when price rallies because Bitcoin has always proven that it can always recover after every dip. Altcoins don't have these potentials, most of them will never reach ATH after they dump. Bitcoin is the king of cryptocurrency and it remains the only trusted crypto to invest your money into, you don't need to have a lot before you start to buy it, you can buy in Satoshi according to your capacity. DCA method is highly recommended for people with low incomes, they can make budget from their discretionary funds and be buying when they receive their salaries.
The potential of Bitcoin is always very great, we must maintain a positive mindset in Bitcoin, Bitcoin is always a high-potential currency, and after each dumping, Bitcoin comes back more stronger, which we can understand very well if we look at the history of Bitcoin, so there is no reason to deny it, and it will continue in the future. The wisest thing to do is to take advantage of each dump of Bitcoin and accumulate as much Bitcoin as possible, but in this case, if you are only waiting to buy the dump, then you are definitely making a mistake, the most correct method to accumulating bitcoin is to buy continuously through DCA, we cannot compare Bitcoin with any other currency, so those who can truly believe in Bitcoin, they can definitely hold Bitcoin correctly, and they can use each dumping as an opportunity to buy more and accumulate Bitcoin, which brings them the possibility of greater future profits.