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RE: BUY THE DIP, CUT LOSSES, DIVERSIFY.

in LeoFinance4 years ago

Buying the dip has always been one of the most successful strategies when it comes to investing in any asset and so with the crypto.
Personally, I use the method of increasing investment as we go down, like invest 10% at the dip of 5% and increase it further as we go down more.

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Would you advice this for all altcoins besides the bitcoin and Ethereum...?

Posted Using LeoFinance Beta

If you are looking to invest, DCA should be the factor to consider, and never invest all at once.
I apply DCA and profit booking strategy for all of my investment either it is BTC, ETH, or any other altcoins and also in stocks.And it has always helped me to build better portfolio. Also it reduces the stress:
I have made separate article about it, You can check it out here:
CLICK TO READ IN DEATILED

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