Bitcoin has continuously dropped over the last couple of weeks, largely due to the FTX crash
If you find yourself in the same boat, here are some considerations that may help you have a better understanding of the current situation.The price of Bitcoin has continuously dropped over the last couple of weeks, largely due to the FTX crash. Reports of an FTX hacker shortly followed suit. BTC has barely had enough time for a sizable recovery, and its latest performance is a ghost of its former, highly volatile self. The price is not the only thing that has been affected.
Timing the market is quite difficult, especially under the current market conditions. The best strategy would thus be to dollar-cost-average after every dip.
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