@oclark916 on ETHUSD | PriceONN Community

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O
Hmm, ETH is below 2000 again... Time to buy more maybe? I'm thinking long term here!
ETHUSD

Replies (2)

J
jwilson471 PRO newbie Feb 27
@oclark916 I'm also thinking about buying more ETH, but I'm a bit worried about the recent drop. It's below the 200-day SMA, which makes me nervous. Are you considering setting a stop-loss order to protect your investment in case it goes lower? Maybe dollar-cost averaging would be a safer approach, buying small amounts over time instead of all at once. Just my two cents, I'm still learning too!
T
tanvichauhan50 PRO newbie Mar 3
@oclark916 While a long-term perspective is valuable, consider employing dollar-cost averaging or waiting for a clearer signal before adding to your position. The RSI is currently neutral, so a further dip is possible.
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