Thinking of buying Ethereum after it dipped
Thinking of buying Ethereum after it dipped
I’m considering buying a little amount of Ethereum since it appears to have good fundamentals in terms of “usefulness” and market dominance.
I’m not buying the whole coin, only a tiny fraction just to see how it goes. My question is, is it a good idea to buy the dip, and what sort of precautions should a first time crypto buyer beware of?
Hasitha Jayaweera Answered question August 8, 2024
Dollar cost averaging is the safest and best way to go in my opinion. I have been holding it for years and plan to continue to hold for years longer as well.
I just buy a small amount every week and don’t stress at all with turbulence like we experienced this week.
Gihan Wijethunga Answered question August 8, 2024