As the new technology emerge and down about 98% from high. I would say this is an ideal buy and cost average monthly buy till the next halving which is begin in 1/1/2024. That I read on the internet. If the hypothesis is true.
We can compare $cake to $bnb with the similar pattern. $BNB was down to around $4 the last cycle of 2017-218. It reach around $700 in 2021. Could $cake become $bnb. We never know but we can play with a small risk by buying in small amount of your investment monthly at this price of $2.5 or even lower. You can wait for a year and half and if the market turning good.
You could save a good amount of money to invest in your business or go to a dream vacation. Buy your loved one gifts.....
Just a assumption. This is a not financial advice. I also invested in $cake.
Tlake412
We can compare $cake to $bnb with the similar pattern. $BNB was down to around $4 the last cycle of 2017-218. It reach around $700 in 2021. Could $cake become $bnb. We never know but we can play with a small risk by buying in small amount of your investment monthly at this price of $2.5 or even lower. You can wait for a year and half and if the market turning good.
You could save a good amount of money to invest in your business or go to a dream vacation. Buy your loved one gifts.....
Just a assumption. This is a not financial advice. I also invested in $cake.
Tlake412