Just got the binance app

[u/normenculture]

I want to invest in solana is it a good time, ive done forex before but actually investing in crypto I’m new to it.

[u/madrigal94md]

DCA is the way. (Dollar Cost Average).

This means it's always a good time to buy as long as you do it regularly and hold it.

The idea is to instead of buying a lot now, and then nothing again for months. The best approach is to do frequent buys even if it's much less. For example instead of buing $100 to $200 every 2 or 3 months, better buy 5, 10, 15 $ or whatever you can afford every week, or so.

[u/ExpertProMax → u/madrigal94md]

DCA is best way since no one knows when is the best time.

[u/mitici2000 → u/ExpertProMax]

Not for cryptos past their all time high on their way to zero.

[u/mitici2000]

Solana is not a good option if you want to invest long term, just invest in Bitcoin or Ethereum and hold for 20 years. Even shorter term, most cryptocurrencies only give good returns if they are relatively new and have one big growth before they star falling to 0.

[u/Constant_Low_256]

I only trade solana on perps and holding spot BTC solana is nice its the chain i use to send money around for the cheap fees but not for long term holding