MultiversX Tracker is Live!

If you have DCA'd down do you keep buying? [Serious]

All Cryptocurrencies

by COINS NEWS 120 Views

I have finally got my Bitcoin and other buys into or below the current price and even into the green. Should you keep buying? Do not have many but it is hard to watch that price average go up when you finally got it down to showing a profit. My overall plan is to stop buying for a year now and see about exiting after they turn into a long term investment for tax purposes. Is it the wrong way to think? I am a small time player only setting aside what I can afford. You know take a little something off the household budget to put in, cut out the going out to eat and use that to buy with.

FOMO is hard to avoid. I want to go more into hard currency buying now pick up some gold and silver. With the general feeling that the economy is heading more into a down turn I think hedging my bets with physical and digital. Curious to what other people are doing. I'll step back now and read the responses. Thanks all.

I want to say Thank you for all the responses. There has been plenty of things brought up that I never thought of. Thanks All.

submitted by /u/Oldz88Rz
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments