The Fearsome and Mammoth CRYPTOCURRENCY Thread!
31bumble wrote:gonzochicago wrote:bumble wrote:Yeah.My colleague paid off 25% of his student loans with cryptocurrency. That was like catnip to me.I put in $750 a year ago, and it's worth $285 now.Meh.Good time to dollar-cost-average, depending on what you put it in. Seriously.What did you put it in?Dollar cost average means putting in like $100 or so every month?I'm not motivated to put more money into something that's so unstable. I was just planning on leaving the money already in. Maybe make a dent in the student loans if crypto bounces back someday, but not going any further in.If you're that far down, I'd consider to buy the same amount of what you had at $750, for $250. I would, personally, depending on what it is. I'd say a dozen or so solid projects have passed their accumulation zone bottom now, and are 100-200% up from where they were just weeks ago. PM me if you want. Cheers.