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We might never see some prices again!!

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by COINS NEWS 64 Views

I think it’s important to keep this simple fact in mind when investing into a coin as the price point you buy at may not ever appear again and this is true for but lows and highs.

While never seeing lows again is very good and we all love it on the other end you will be left holding your bags if you were unlucky enough to buy at those prices.

How to avoid being completely screwed in this situation you ask? DCA (dollar cost averaging) is your friend and will help you to avoid the situation but it isn’t a guaranteed solution especially in a highly volatile market as an asset can always fall another 90% so DCA in assets you believe in.

submitted by /u/Kukuzahara
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