Avva's Dirty 30 -- TaiFu Index Review of the Top 30 Cryptocurrencies Markets (for 07/11/2017 : 24 Hour Change)

The TaiFu™ 30 Index is a market capitalization weighted index of the largest 30 cryptocurrencies for that day. Each day, a new top 30 is selected to calculate the index. It represents the largest 30 cryptocurrencies on a given day.

Let me tell you what's going on.. It's called a:

Pullback:

In a price uptrend, a security's retreat from its previous high. A pullback may be a signal that the uptrend is ending and may be taken as a sign to sell.

On the other hand, the pullback may be temporary and the uptrend could continue. In that case, it may be taken as a sign to buy. The meaning of a pullback depends on other technical indicators.

Here's an idea:

If you have a sum of money and are worried about investing it all today, take portions of it and invest it over a period of time so you are getting an average rate, buying more shares when they are less expensive and fewer shares when prices rise.

Ask yourself is this: Will prices be higher 5 years from now? If you believe the answer is yes, then now is a good time to invest.

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