It still is yes. If you can swing the 3 grand. Another way to approach it is to buy the maximum you can afford, then taking about half (or whatever your comfortable taking out) and if the price plummets one day....bam. you can buy a lot more with the money you took out while it was high.
Or should the price go up, you just tell yourself im comfortable taking this much out with the understanding that it could go way up and i just cant get back in. If that makes any sense.
Yeah it makes sense...you mean to create stop loss orders that sell part of your coins when your profit reaches a certain level and anticipating for price to go down so you can repurchase the coins at the low price. Pretty smart
Yeah like a stop loss or taking the amount you're about to invest in "FOMO" emotion and maybe taking about 30% of that and NOT investing, but rather reserving it in your bank or coinbase wallet and then if the price crashes someday due to market panic, you can get a bit more. Andreas Antonopoulous himself said that could happen due to various reasons like network attacks, or technical issues. Price could crash considerably but youll have more to put in it since you didn't go totally all in
You said it...price is really unpredictable in crypto world...a network failure alone could cause major issues and its ripple would be felt even on the price. My only challenge is that I see opportunity in almost everything. It would be really hard for me to put aside 30% and not invest it in another coin with potential