facebookWould you invest into BTC to lower the average price of previously bought BTC or invest in ETH instead? - Seedly

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Anonymous

29 Apr 2021

Cryptocurrency

Would you invest into BTC to lower the average price of previously bought BTC or invest in ETH instead?

Have 2k to invest in crypto this month.

Discussion (3)

What are your thoughts?

Kai Kiat

Kai Kiat

27 Apr 2021

Blogger at The Common Singaporean Millennial

I would just do a 50-50 allocation. Based on market CAP, I think BTC might trade sideways for a while, while ETH has been hitting all time highs. Good to diversify in this sense.

For me personally I would do a 50/50. I personally am rebalancing my crypto portfolio to raise my ETH weight. Or if you wanted, you could diversify into some promising altcoins such as DFI or ADA. But please do your own research on them before buying yeah.

If you do buy DFI, consider CAKEDEFI, you will be able to stake your coins on their platform and get high returns. Personally, DFI is my 2nd largest crypto holding as of right now.

Tan Choong Hwee

Tan Choong Hwee

27 Apr 2021

Investor/Trader at Home

Put into BTC if you have high conviction on its potential to hit USD500K or more as some crypto expe...

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