RE: My first cryptocurrency tool to share: Coin Pricing Levels Worksheet

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My first cryptocurrency tool to share: Coin Pricing Levels Worksheet

in cryptocurrency •  7 years ago 

This sheet highlights an important strategy when investing, dollar cost averaging. Particularly when going into volatile assets, scaling into positions helps an enormous amount as trying to time the market is not very smart and can lead to disappointing results. Thanks for sharing!

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Exactly. My first trading season I made the mistake of missing out on better entries by rushing in. Hopefully, everyone has seen the past 8 weeks that it pays to be patient and set a range of bids, some even lower than expected.