RE: Bitcoin: Technical Bulls against Fundamental Bears.

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Bitcoin: Technical Bulls against Fundamental Bears.

in cryptocurreny •  7 years ago 

Which is safer and potentially more profitable to accumulate with dollar cost averaging in case of a bear market reversal? Is it better to accumulate bitcoin, or top 20 cryptocurrencies, or good quality but low cap coins? I guess the right answer is probably diversification.

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Hey @getrichfast, if we reverse and start going bullish again I would definitely trade to accumulate more Bitcoin (mainly) and ETH... EOS might be a good pick too because of the platform launching in June. However, diversification across just cryptocurrencies is not enough to build a solid investment portfolio, you want to have assets that aren't correlated to each other, for example Bitcoin and Gold/Silver