The chart pattern
now suggests a correction to 76.31 to 75.80 is imminent.
Not exact matches
My personal experience proved that lumpsum investing is better than STP for 6 to 12 months as I invested in 5 hybrid equity balanced funds for an amount of 12 lakhs on 1st January 2016 when markets were all time high, but, immediately after I invested, markets started to fall with some
corrections for few months and my portfolio was down by 1.5 lakhs versus my investment at some point but
now my portfolio is up by 1.2 lakhs where there is an appreciation of 14 % till date, some people even
suggested me to go for STP over 6 to 12 months to average out but I believed in this lumpsum investing than STP as I did not need this anount for upto 5 years.
Do you
suggest to put more lumpsum to decrease my averaging
now or you
suggest to wait for more
correction and do it later or may be to do 25 %
now and wait for further fall?
There isn't much history of cryptos to go on, but what there is
suggests January usually sees a crash /
correction and then a recovery, which is what's happening
now.
While many investors long for the glory days of tenfold growth, bitcoin's prolonged
correction suggests pump - and - dump chasers are on their way out — at least, for
now.
As the title
suggests, Bitcoin is
now on what seems to be like a
correction.