I invested $4000 into crypto yesterday. Should I start dollar cost averaging the rest of the way or should I sell and wait for a bigger dip?
https://i.redd.it/ioarwcfqqtrg1.jpeg
Posted by Aggressive-Pitch-973
10 Comments
TheresNoSecondBest on
Before you do anything, get Lyn Alden’s book called Broken Money, and read it.
DwightsShirtGuy on
Still sat-ing out my fiat daily
Emergency-Warthog-56 on
That mind set will stress you out. Your speaking short term language in a bear market. The all time high and long term is what you should be focused on. If you try to bounce waves, you’ll likely struggle.
TristanDeAlwis on
DCA DCA DCA
MediumCompetition513 on
Just hold and DCA if you see a dip, simple as that.
mrestiaux on
Don’t sell anything, unless you’re confident you can get back in lower, but that’s a fools game. Lots of people try to time the market, and majority get it wrong and would have been better just dollar cost averaging. That being said, nobody can tell you what to do! You have to decide for yourself!
10 Comments
Before you do anything, get Lyn Alden’s book called Broken Money, and read it.
Still sat-ing out my fiat daily
That mind set will stress you out. Your speaking short term language in a bear market. The all time high and long term is what you should be focused on. If you try to bounce waves, you’ll likely struggle.
DCA DCA DCA
Just hold and DCA if you see a dip, simple as that.
Don’t sell anything, unless you’re confident you can get back in lower, but that’s a fools game. Lots of people try to time the market, and majority get it wrong and would have been better just dollar cost averaging. That being said, nobody can tell you what to do! You have to decide for yourself!
Good entry point
Ngmi
That’s a great shot!
Don’t sell buy dips