HELP ...So, within 24-36 hours, it. Is now a time to BUY? No crash imminent now? Altcoins will go up to? No downward correction? I am going crazy, every hour is a 360 degree change in direction. HELP
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HELP ...So, within 24-36 hours, it. Is now a time to BUY? No crash imminent now? Altcoins will go up to? No downward correction? I am going crazy, every hour is a 360 degree change in direction. HELP
Rather than say “should I buy” perhaps you might ask what type of investor you want to be? If you’re a long term investor, it’s always best to simply dollar cost average in and HODL LONG. If you’re looking to play swings, now is a decent entry based on both fundamentals and technical analysis (Haejin has become my go-to data / TA man!). If you’re day trading, it can be quite lucrative but if you’re asking questions like these, DON’T DAY TRADE. I’d say your best bet is to just dollar cost average in or wait for the pause / drawback around 5400, but if you really want to be patient, it may retrace a long way back.. however this market is bonkers! One never knows when 10-30 billion will pour in or out of market and change every prognostication! That’s why Haejin is changing / updating analysis daily!
hi RJH, sentiment is very fickle and following it requires one to be nimble. There is often no such thin as one projection and stay that projection for too long.
if the overall trend is up ,then what happens in between doesn't matter
buy and hold.