Vanessa Williams
@fridgebuzz.eth
So Bitcoin is going up and up and up and I don’t know whether I should buy now or wait for a dip. Because maybe there won’t be a dip? Or maybe there’s *always* a dip? I meant to do dollar cost averaging and just buy a little each month but start now or wait? (I already own a tiny amount.)
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tim/vortac
@vortac
Normally there’s no “wait” for a good entry point in a DCA strategy, you just start asap. You need a long timeframe for the positive effects to mitigate exactly the questions you raised. No financial advice, I’m not an analyst or anything.
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Vanessa Williams
@fridgebuzz.eth
You’re right. I should just pull the trigger. Start today and hope I earn a little extra spending money for my retirement.
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tim/vortac
@vortac
Personally I think 200-250K for Bitcoin and 10K-15K for ETH is absolutely possible for both assets in the next 2-5 years. You will have a race to new heights and def a massive crash again and then it will slowly build up again to a new medium level, we now had for a longer time. But this is all just speculation.
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tim/vortac
@vortac
Just my personal amateurish opinion, no advice or good basis for your personal investment strategy 😅
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