⚫ Black Friday Crypto Prices (0:30-)
⚫ The Importance of Diversification (3:26-) How Many Different Cryptos Should You Hold? Be An Expert.
⚫ It’s Impossible to Perfectly Time the Top and the Bottom (6:35-)
Dollar-cost averaging!
⚫ Investing Mixed with Emotions (9:33-)
The herd is doing the wrong thing statistically. Don’t follow the herd. Think for yourself.
⚫ Bright Times Ahead (11:04-)
Dollar-cost averaging (DCA) is an investment technique which involves buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. As a result of the approach, the investor ends up purchasing more shares when prices are low and fewer shares when prices are high.
At the time of this video, prices are:
Bitcoin $4265
Ethereum $120
Bitcoin Cash $200
EOS $3.51
Litecoin $31
Cardano $0.04
Disclaimer: The views expressed in this video are strictly my own and are not to be construed as trading advice. Do not buy, sell or otherwise trade cryptocurrency based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.
#cryptocurrency #tokens #coins #eos #bitcoin #btc #blockchain #eth #ethereum #cardano #litecoin #bitcoincash
⚡Colin Talks Crypto⚡ addresses/wallets:
💜 EOS donation address/account name: colintcrypto
💜 Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0
💜 Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t
💜 Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF
You can reach me at:
💗 Website: http://www.ColinTalksCrypto.com
💗 YouTube: http://www.youtube.com/ColinTalksCrypto
💗 Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto)
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