Is Now A Good Time To Buy Crypto??

Welcome back to another issue of the Crypto wealth Builders Newsletter. I have a few updates that I would like to share with you before we get into this article. Firstly, you MUST join my free discord server. This is where I am doing most of my business including private consultations, community events and crypto education. Link is here: https://discord.gg/7b3YRAkD4E

If you’ve taken a look at the markets recently, you would notice that we are bleeding profusely!!! the largest cryptocurrency by market cap, Bitcoin, has dipped to a low of 39k! We haven’t seen these levels since July of 2021. As a result, the entire crypto markets followed Bitcoin and we are now in very interesting territory. This begs the question: Is now a good time to buy cryptocurrency?

My answer is YES because it is always a good time to buy cryptocurrency IF and ONLY IF you have a strategy. My strategy for crypto investing is Dollar Cost Averaging. I set aside a percentage of my income each month to invest in cryptocurrencies. Every week, I simply buy the same dollar amount of cryptocurrency. I do not try to play the markets and I do not swing trade.

This strategy will always be a winning strategy because at the end of every month, your consistent investments that you’ve made within the month will average out :) This strategy reduces your risk by averaging out your investments. :) Sometimes we buy high and other times we buy low. Consider dollar cost averaging as your next investment strategy.

Thank you for reading and happy investing!

-Bully