Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.
Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.
OP let me see if. Understand what you mean here.
Do you mean if you want to buy more when is already surging how you can do it or is it beneficial to do that..
Well, if is that what you meant then I did say yea. You can get a coin when Is already pumping even if you have bought it at the initial stage. That's when Dual Investment or DCA comes into play. But you should know when doing that, the coin you wish to buy shouldn't surge that much
For instance. Sol rose from 8$ to $28 right? You can buy the coin at $28 - $30 when you already have bought it when it was at $8 because you believed that Sol would rise above $40 in due time
and that would be hella unwise decision to be honest, imagine buying at peak, that simply means they are already planning their loss which is a big NO.
if the price surge then it surge, wait for another opening, its not like the coin will just surge forever, it will eventually get brought down, one thing for sure, nothing lasts forever, so does the surge also the bearish as well.
if someone is already too late on investing they should accept that, they could always find other coin, there are thousands of coin out there waiting to be invested though mostly just shitcoin.
but at least its better than investing in a coin that has tripled from its inital price at the same period.
I will say, buying at growth, which is after surge doesn't make a single sense. just find alternative.