Re: The best time to buy cryptocurrencies: before or after a correction?
Exactly, it is important to have a risk management strategy.I usually use limited orders to buy at levels that I think are key, so I do not expose myself to too much volatility.
Re: The best time to buy cryptocurrencies: before or after a correction?
Limited orders are great not to panic.So you don't have to be attached to the screen and you can enter safer levels without worrying about volatility.
Re: The best time to buy cryptocurrencies: before or after a correction?
Has anyone tried to buy in correction phases in Altcoins?I wonder if the corrections in Altcoins are more dangerous than in Bitcoin.
Re: The best time to buy cryptocurrencies: before or after a correction?
Altcoins are a separate world.Altcoins corrections can be much more brutal than in Bitcoin, but also recover faster if the project is solid.Of course, it is a high -risk game.
Re: The best time to buy cryptocurrencies: before or after a correction?
Altcoins are definitely more volatile.Corrections can be much more pronounced, but also recoveries can be faster.It depends a lot on the project and its community.
Re: The best time to buy cryptocurrencies: before or after a correction?
Precisely, in Altcoins the risk is greater.If you are not sure of the project, better stay in Bitcoin or Ethereum, which are more stable.Do not risk projects without future.