I am aware that DCA is better in a coin you know will last somehow long depending on how long you have to DCA.
DCA is the only means that is easy for me to buy coins. Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected.
I am afraid , that before bull run such coin might have problems. I don't want coins above $100, so that it will be possible to run on good profits if the investment works.
DCA is the only means that is easy for me to buy coins. Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected.
I am afraid , that before bull run such coin might have problems. I don't want coins above $100, so that it will be possible to run on good profits if the investment works.
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The price doesn't matter. Capitalization matters. Low capitalization projects have the potential for growth, not tokens with low price. But again, low capitalization projects usually do not have a finished product, they do not have a user base, they often have only an outline of the business, and this makes them unsuitable for DCA, because the value is inestimable, at any time the competition can provide a better product, or the same product but faster making your investment worthless.
DCA bitcoin, gold, good stocks. Not low cap altcoins.
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Like ytanowy Janusz said, price of a one full coin doesn't matter, but i don't agree his claims about locaps not having finished products. Most of the altcoins haven't started with a finished product and most of them are not even "finished" as they keep developing. And then there have been overvalued icos that start from insane valuation and have only room to drop in price. The price doesn't matter. Capitalization matters. Low capitalization projects have the potential for growth, not tokens with low price. But again, low capitalization projects usually do not have a finished product, they do not have a user base, they often have only an outline of the business, and this makes them unsuitable for DCA, because the value is inestimable, at any time the competition can provide a better product, or the same product but faster making your investment worthless.
DCA bitcoin, gold, good stocks. Not low cap altcoins.
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I would say that investing to lowcaps is ok, but only if they have something unique to offer and means to deliver it later. And by unique i also mean that the project is useful but unique approach to a problem that actually exist and isn't better to fix with a normal database. Many altcoins offer decentralized solutions to a problems that don't need decentralized solution. Those might have a finished product but they will die as no one wants to use them.
