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Anonymous

19 Apr 2021

∙

Which is better?

Let's say there is a dip now but previously, I bought my coins at an ATH price. Should I just sell everything and buy the dip immediately now OR should I continue to hold the coins that I had bought at it's ATH price but using spare money to buy into the dips now?

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This post is no longer accepting new comments because it has been merged with If I buy a particular Alt coin at its all time high, is it better for me to sell everything at a loss and rebuy it again at a much lower price OR just continue to old and use the spare money that I have to buy the dip?

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Discussion (1)

FundsandNotes

18 Apr 2021

Freelance Motion Designer at Home

Hey anon!

Based on what you've said, you'll be in the red with an unrealised loss since you bought it high and it is currently low. I would suggest holding and DCA more since you have not realised the loss and it could potentially go back up; with the extra funds you're going to invest, it could even sky rocket higher.

Of course, that is only my approach towards investing which you can read here. Be sure to check it out.

Take notes, stay vested and keep learning.

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Chris

18 Apr 2021

Owner and Writer at Tortoisemoney.com

Perhaps if you would like a better answer, you might want to include which coin you're referring to, since not all coins are the same, just as how not all stocks are equal.

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