Ordinarily that would be a good approach and it depends the following two factors...
When you bought your Bitcoin, if it was close to the peak...then you may as well to take the long view now and continue to buy in the dips to average average out the losses. I think a lot of people that hold you view is contributing to the price drop...
The good product is not in cryptos right now, because as bitcoin drops it just drags the entire market down.
I am hoping the bottom is around 5700.00 the 200 day moving average...
:))
Lol, I will feel worse for those who sold, when the price turns around...and it will!
Right now I would short sell if there was a good product and go long when it bottoms out. I think the bottom could be around $1,000.
Ordinarily that would be a good approach and it depends the following two factors...
When you bought your Bitcoin, if it was close to the peak...then you may as well to take the long view now and continue to buy in the dips to average average out the losses. I think a lot of people that hold you view is contributing to the price drop...
The good product is not in cryptos right now, because as bitcoin drops it just drags the entire market down.
I am hoping the bottom is around 5700.00 the 200 day moving average...