You are viewing a single comment's thread from:

RE: [dtube] Daily: Wild Crypto Ride - Are you Strapped in?

in #bitcoin7 years ago

Nobody can really predict the market and much less time it related to prices. However, a deep dive into the fundamentals of assets could help determine the long term direction of the valuations of assets regarding supply and demand. Even these only work over the long term so the best approach is to treat core positions as long term and HODL as you dollar cost average in and treat trading positions as gambling with clear exit strategies whether it being higher and lower. Also, as repeated by many, never put more money that you cannot afford to lose as the space continues to be speculative.