Personally, I would not invest in Bitcoin at the moment, I hate buying above 45K. That is probably due to the fact that above 45K it´s less than 15K (25%) away from the ATH. Below 45K you are only 15K (33%) away from where we bottomed out during the last dip, so you have controllable losses and expected gains at this point without even bothering to think about what the future BTC might become. Basically, people should have done their buying sooner and now just watch the story unfold #CryptoTrading
3 comments
So I take it you are NOT a fan of Dollar Cost Averaging? I don't think I am ever able to predict the future of any market, so it's the way I prefer to invest.
Nope, not at all I think it´s a lazy way and it´s reducing my chance to get a bargain. I will save up stable funds by trading and during a good dip 15% or more invest some in BTC. Of course I get the DCA principal, but it´s not my style and I think my style is more profitable ;)
"I think it´s a lazy way" Indeed. That's why I do it! :-)