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Because the price just went up, may be wise to dollar cost average at this level: ex. buy $XX worth once a week. I think Coinbase has an option to set up auto
by cwkoss 9y ago
Because the price just went up, may be wise to dollar cost average at this level: ex. buy $XX worth once a week. I think Coinbase has an option to set up automatic weekly buys. Less reward if it spikes next week, less risk if it crashes next week. Removes emotion from trading decisions. Something to consider, be sure to factor in fees.
I think the buy-side support has been surprisingly strong after this recent push, so I think this rally still has a bit of legs, but Bitcoin is always hard to predict.