Ask Leo : Is Bitcoin cheap at $19000? Use DCA to buy by femcy-willcy

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hive-167922 · @femcy-willcy · Jul 2 '22 (edited)

$3.10

Ask Leo : Is Bitcoin cheap at $19000? Use DCA to buy

I have never think that the Bitcoin will ever go down in this manner upto $19000 , when it got to $20000 I have hoping it did go up immediately but it never did but went the other way. And many people have started buying Bitcoin as the price go down while some are still in the opinion that price will still go down further. Is it possible to know the bottom of Bitcoin or the top high?
![C51E4C8CFC974318801AB7897CC10B95.jpeg](https://i.imgur.com/wnpeR7S.jpg)
Since it cannot be fathom how dip it will go or the know the bottom, I think the best way to go about it is to apply DCA which is Dollar cost averaging which is buying strategy in which an investor divides its total amount or money to be invested across periodic purchase of a targeted asset in order to reduce the impart of volatility on the purchase.

When the Dollar Cost Averaging is apply you will be able to get the best price at a regular intervals has the price go dip. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@femcy-willcy/ask-leo-is-bitcoin-cheap-at-usd19000-use-dca-to-buy)

👍 leo.voter, eturnerx, p-hive, abbak7, anadolu, johannpiber, monica-ene, muratkbesiroglu, honusurf, pixresteemer, listnerds, helios.voter, steemaction, kdtkaren, bitrocker2020, raiseup, dlike, ew-and-patterns, ireenchew, roleerob, megavest, uwelang, vaipraonde, leofinance, rmsadkri, helios.rewards, khaleelkazi, vintherinvest, helios.surf, break-out-trader, untzuntzuntz, centtoken, organduo, femcy-willcy, holovision.cash, ctptips, helios.publisher, helios.feeder, helios.token, babytarazkp, helios.dev, coinlogic.online, helios.curator, baycan, onestop, riansilva, cugel, chloem, magnacarta, thauerbyi, androshchuk, soonlambo, wrapped-leo, leo.tokens, mehmethesap, khaltok, senorcoconut, coinmeria, asteroids, flyingbolt, broadhive-org, dante31, steemxp, gallerani, and 7 others
👎 xleo.voter

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@pixresteemer · Jul 2 '22

<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 112 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-111-and-start-week-112) just started...you can now check the winners of the previous week!</center><center>!LUV</center><center><sub>2</sub></center>

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@luvshares · Jul 2 '22

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