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Title: Dollar Cost Average Post by: pubix on December 11, 2017, 08:56:05 PM I'm thinking of starting with dollar cost averaging method.
The ones you running this for some time now, do you invest just in BTC or also other coins? Lets say I want to put 100$ weekly, is it better to stick just with BTC or maybe to divide into 25$ to 4 different coins? Every suggestion is much appreciated. Title: Re: Dollar Cost Average Post by: AdolfinWolf on December 11, 2017, 09:01:04 PM I'm thinking of starting with dollar cost averaging method. The ones you running this for some time now, do you invest just in BTC or also other coins? Lets say I want to put 100$ weekly, is it better to stick just with BTC or maybe to divide into 25$ to 4 different coins? Every suggestion is much appreciated. Obviously depends on the coins you want to put your money on, as of right now i wouldn't tell you not to. There's lots of altcoins coming up with great potential, you just need to filter out the ones that don't. This is easier said then done ofcourse, so if you aren't willing to put in a lot of time and effort researching the coins, i would suggest to keep your funds in bitcoin. I myself do keep alot of funds in altcoins in which i believe have great potential, but i am more often then not better off by just hodling bitcoin... Title: Re: Dollar Cost Average Post by: CryspRayz on December 11, 2017, 09:13:28 PM I would keep most of my money in Bitcoin. It stood the test of time. I don't think it would fall anytime soon. So many positive news about it lately. There are good alts too. If you really believe in the technology behind them, then why not invest.
Title: Re: Dollar Cost Average Post by: odolvlobo on December 11, 2017, 11:51:30 PM I'm thinking of starting with dollar cost averaging method. The ones you running this for some time now, do you invest just in BTC or also other coins? Lets say I want to put 100$ weekly, is it better to stick just with BTC or maybe to divide into 25$ to 4 different coins? Every suggestion is much appreciated. Dollar cost averaging is a good strategy. Certainly, it is a mistake to invest in coins recommended by random anonymous strangers on the internet. Investing in 4 different coins means researching 4 different coins. That might take a while. Title: Re: Dollar Cost Average Post by: Velkro on December 11, 2017, 11:58:56 PM I'm thinking of starting with dollar cost averaging method. You always will be better to put all in BTC. It will always have biggest end value and will disapear last. The ones you running this for some time now, do you invest just in BTC or also other coins? Lets say I want to put 100$ weekly, is it better to stick just with BTC or maybe to divide into 25$ to 4 different coins? Every suggestion is much appreciated. Many altcoins will be gone and never seen more, BTC will here to stay. Title: Re: Dollar Cost Average Post by: milhaop on December 12, 2017, 12:16:38 AM BTC is the safest coin, like Dollar among the fiat currencies. However you can put 10%-20% in other strong coins, like XMR, LTC, ETH, Dash, etc.
Title: Re: Dollar Cost Average Post by: Prompyboo on December 12, 2017, 12:21:48 AM Buy some top20 Coin by market cap
Title: Re: Dollar Cost Average Post by: legend2017 on December 12, 2017, 07:01:26 AM I'm thinking of starting with dollar cost averaging method. It is better to do everything in half, and in the best alts that are now. So besides bitcoin it is worth investing in something dynamic and very potential.The ones you running this for some time now, do you invest just in BTC or also other coins? Lets say I want to put 100$ weekly, is it better to stick just with BTC or maybe to divide into 25$ to 4 different coins? Every suggestion is much appreciated. Title: Re: Dollar Cost Average Post by: pubix on December 12, 2017, 09:18:13 PM Thank you all for your answers.
I will probably try with BTC, LTC, ETH and XRP. But now, when all prices are ATH, is it smart to start now? There will probably be some correlation and prices will drop - should I wait for lower prices or at the long turn doesn't really matter with dollar cost average? |