The crypto bear market continues, when will it end?

[Das Troll]

Who knows? The stock market is taking a shit, inflation is off the scale, fear index is way up. What should you do if you're looking to invest in crypto? My suggestion (and I'm not a professional, so take my advice at your own risk) is to pick a safe, well known crypto and DCA it.

What's DCA?

Dollar cost averaging is the practice of investing a fixed dollar amount on a regular basis, regardless of the share price. It's a good way to develop a disciplined investing habit, be more efficient in how you invest and potentially lower your stress level—as well as your costs.

https://intelligent.schwab.com/article/ ... ur%20costs.

Don't try and time the market if you don't have too. Buy a little each pay check and take advantage of math. BTC is super low and ETH is too. ETH is particularly tasty (in my view) because of the ETH 1.0 to 2.0 conversion that's rumored to be happening in a couple of months.

[Enigma]

I put $20/week into Tesla. Yeah it's low as fuck right now, but it will turn around and I'll make a mint.

[Das Troll]

Race to the bottom continues as the crypto and stock markets go into a free fall. People are fearing crypto dying all together. This is a false assumption I think because of the whales buying and holding. This whole event reminds me of when covid hit and the market went into a free fall. If you play it right, you could start a fortune with whats happening now.

[Enigma]

The market is going down all across the board right now, the best thing to do is try to get in nice and low.

My average price paid is plummeting because I just keep investing on lower and lower valued stock. Once this shit all turns around I'll clean up nicely.

Maybe not rich, but I'll make a few X what I put in

[kriptopoulin]

hope so it will goes up again and gain a bullish trend

[kriptopoulin]

hope so it will goes up again and gain a bullish trend

as i said it will going up trend

[Enigma]

Oh fuck yeah, everything I own went way up today other than Disney.

[kriptopoulin]

Oh fuck yeah, everything I own went way up today other than Disney.

its again on bullish trend

[Das Troll]

Oh fuck yeah, everything I own went way up today other than Disney.

its again on bullish trend

Bull trap in my opinion. Nothing has really changed to make it into an actual bull run so far as I've seen. DCA if you really want in right now, that's what I'm going to do.

[kriptopoulin]

I think so its trap too a trap if it goes down , break the support of 16K other wise it will break the resistance of 24K

[kriptopoulin]

still moving between 19K to 20K

[Das Troll]

still moving between 19K to 20K

Yeah, this is the point where you have to make a choice. For me, nothing has changed. The world is still in a recession, the USA is ran by a geriatric retard, and the market still has the FUD. I don't see anything that would give the whales a big reason to invest aside from 5% =/- day trading.

[Enigma]

The way I see it is if we just hold on until Biden is finally out of office the stock market will turn around 10 fold

[kriptopoulin]

The way I see it is if we just hold on until Biden is finally out of office the stock market will turn around 10 fold

yeah you right