The best time to enhance your investment in cryptocurrencies$BTC
There is no specific hour or day
The cryptocurrency market operates 24/7, so it is impossible to determine the 'best hour' or 'best day' to buy.$ETH
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Regular investments instead of timing the market$XRP
Instead of trying to time the market accurately, it is advisable to adopt a Dollar-Cost Averaging strategy by dividing the amount you wish to invest into regular payments.
This method helps in:
- Mitigating the impact of price fluctuations
- Reducing the risk of buying at price peaks
- Building a gradual investment position away from emotions
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Exploiting correction periods and opportunities
Sharp downturns are considered an opportunity to enhance positions, especially when the currency:
- Decreases by 10–20% or more from the recent peak
- Shows oversold indicators (such as RSI below 30)
- Indicates extreme fear in the market (Fear & Greed Index in the extreme fear zone)
These signals can be monitored as triggers to enter at a lower price with potentially higher returns in the medium to long term.
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Practical steps for enhancement
1. Determine a percentage of your portfolio to use for enhancement and stick to it.
2. Monitor market corrections without getting swept away by rumors or breaking news.
3. Use platforms that track indicators such as RSI and the Fear and Greed map to help assess oversold conditions.
