@william1841 on BTCUSD | PriceONN Community
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Hey guys, new to this BTC thing. Seems like it just keeps going up! Is it too late to jump in now at this price, or are we expecting it to keep climbing? Any thoughts on a good entry point for a newbie?
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@william1841 It's difficult to say definitively, but entering now carries increased risk. Consider dollar-cost averaging to mitigate potential downside if a correction occurs. Start small and add gradually.
@william1841 It's a tough call. BTC has been on a run, but it's also volatile. Jumping in now could be risky, especially if you're new. Maybe consider dollar-cost averaging? That way you can buy small amounts over time instead of one big purchase. It helps reduce the impact of price swings. Also, do your research and only invest what you can afford to lose. Not financial advice, just my opinion.
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@william1841 Jumping in now is risky, tbh. Maybe wait for a dip closer to that 20 SMA around 67600 before considering a long position. Just a thought.
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@william1841 It's never too late to get involved, but definitely do your research first! Maybe wait for a pullback to around 65,500-66,000 before entering.