For an upward-trending asset like Bitcoin, you need to make sure you can buy 'dips.' If you prefer to be aggressive, wait for a drop of at least 15% from Bitcoin's most recent highest price. Ideally, 25% or more.
With altcoins, you're speculating on experimental financial technology, social movements, reward programs, and outright scams. Buy altcoins in fixed amounts with strict limits as many will never reach their previous all-time high.
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