Waiting the bottom
1 Min Read
A lot of thoughts have been shared about the perspective bottom hit of the crypto markets in the past week or so. It seems kinda odd that we are all obsessed with the exact timing of it - as if that and that alone would be the most important thing that we would need to discover in order to get rich in crypto.
Well, hate to say it guys and gals but any attempt to time the bottom is really a futile one.
You will always miss it, therefore a better alternative would be to, instead of timing the market, allow yourself to periodically purchase a percentage of your desired position on a monthly/weekly basis.
Defeats timing the market and allows more freedom of choice!
Have a great week ahead ❤️
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HiveBuzz.me NFT for Peace
That sounds like DCA to me. We can't go wrong with that approach even if we're in a bull market. In a bear market, DCA is our friend.