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Official 42-coin (42) sources
Top 5 - help yourself
List of exchanges including our TOP 5 to buy 42-coin (42) or other altcoins. Most of these exchanges have large trading volumes.More information & strategies
DYOR - Do Your Own ResearchWhen investing in 42-coin always make sure you do your own research on the coin, technology of the coin and the team behind the coin.
Before you're investing in a coin its important to do you your own research on the coin, technology of the coin and the team behind the coin.
DCA - Dollar Cost Averaging Strategy 42-coinDollar Cost Averaging is a strategy that is famous in the investment- and crypto-world. It's a tactic where you buy systematic a certain amount of a certain coin / investment you believe in. For example every $100 per month.
As you buy systematic it will reduce the emotional involvement and as you spread the money you invest you spread the risk of a unstable market.
Pro DCA
- Invest small amounts
- Less stress about fluctuating markets
- Less chance on losses as you never purchase full amounts on peaks
Cons DCA
- Won't make optimal trades as you don't invest all on the bottom
- Takes longer, as you're not rich after one trade
- If you DCA on one investment you can pick a loser investment what will only go down. Better is there to spread your investments while doing DCA.
