That is an interesting point. I wouldn’t say there’s a safe haven crypto. Like you said when bitcoin is down the rest go with it. The only option is to cash out into fiat. This defeats the purpose of allocating in if you’re just going to cash out to avoid the “crash.” I guess Tether was a solution to this but we all know that’s got some potential fraud or bad news likely coming soon. Until then I really feel like buying into the top coins then turning off all news and market updates for the next 12 months is the way to go!
RE: USD pairs on popular exchanges could change everything
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USD pairs on popular exchanges could change everything
Since I'm new to this I'm going the route of dollar cost averaging. I've put in a small amount to start and will try to buy more each month at a predictable time. The key will remain disciplined during the large movements. After 6 months I plan to re-evaluate and see if this is for me. In the mean time I'll be researching smaller coins with less market share that have true potential for mass appeal. With so many options now that may be much harder than it sounds. 12 months from now I may not be able to stomach the large sways if they continue month after month and look to move these investments with less risk.
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