Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: voyager23 on February 22, 2021, 08:29:43 AM



Title: DCA into your buys or wait??
Post by: voyager23 on February 22, 2021, 08:29:43 AM
So a nice little buying opp right now???? Or is it??

I am eager to buy up some ADA because I see big things for this project... It has come down considerably -

Would it be best to dollar cost average in over 3 days or buy now in lump sum??

What are the strategies for this?? TA is not my strong point... yet... Plus it's never 100% accurate anyway..



Title: Re: DCA into your buys or wait??
Post by: Oshosondy on February 22, 2021, 09:30:22 AM
I don't see that the ADA token has dropped drastically at this time, because it is very clear that the highest price on the ADA token is not much different from the current price, so it is not worth saying that the price has dropped drastically on this token, especially last year's price was not as big as the current one.
Seriously! You did not see any big difference in the price of Cardona (ADA) from last year till now?

Try to check a site you can track the coin like on coinmarketcap or coingecko.

The price of ADA at a point last year was $0.0058 which has increased significantly also while other coins were increasing. The recent price of ADA now is $0.083. That is over 10x.

Although you are right by saying the price do not drop, but it significantly increase with a very big difference if compared to last year.


Title: Re: DCA into your buys or wait??
Post by: Bttzed03 on February 22, 2021, 10:02:17 AM
If you are planning to buy in installments (DCA), what's your target? Before breaking the $1 barrier, the price were dancing around $0.80+ to $0.90+. You can see that in the chart if you zoom out for at least 14 days. I have a feeling that new support will be around $1 and will move sideways for a few more days before making another new ATH.