Blrd

I have been making use of my Binance for all my cryptocurrency dealing and trade for at least 3 years now and I have grown my portfolio to some reasonable extent.

Trading 💹 can be nasty if you don't have the knowledge on how to analyze coins.

Always been a HODLer from day one. I think its a great time to buy if you have the extra cash. Or just DCA (dollar cost average). I said in another thread, if you hold bitcoin for 5 years at some point it will go parabolic. So far in its young history, it hasn't been in a bear market longer than 3 years.

As much as it's always good to buy cryptocurrency now that it's in dip form, I find it better to just trade because of the uncertainty that surrounds Bitcoin BTC which affects every other coin. Ethereum dropped to $1.4k today but it's making its way up now. I can only buy in on BTC if its falls to $18k again.

Supposedly, Bitcoin is going to drop again so if you plan on investing in that, I would wait a bit longer. I am guessing it will bottom out around 10k and then begin a slow recovery.

When friends ask me about when to buy, I say keep it simple. DCA (dollar cost average it). Also, if you don't see it as a semi long term investment (5 years minimum), then don't bother. Why 5 years? Bitcoin doesn't stay in a bear market longer than 3 years in its short history. I see it as a retirement vehicle. If its held 10, 15 years you gonna cake up nice. Better than the top stocks probably (Google, Tesla, Amazon, etc.).

Also, I used to get into other alt coins but now I just stick with Bitcoin and some ETH.

If I have more money, I will stake out and look for when BTC would fall again to $18k and buy more. I missed out on it last 2 months when it came back to $18k because I was out of cash. I'm sure it's going to get there again before the year runs out and I'd be buying in.