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Crypto purchase ques .
Placed a buy limit at 2.40 for cordano ada , am I too low ? It is set to jump on 9/12/21 .
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Hard to say whether that's too low or not. Didn't it go below $2.40 yesterday? Regardless of whether it is set to jump on 9/12 or not, things are going to get real volatile because of regulation and the SEC. The recent Coinbase Lend news makes me think anything can go. So I'll bet that chances are high that sometime in the next 30-45 days Ada will hit below $2.40. But I may be wrong! So is the life of crypto...
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Curious, why is it set to jump?
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Hard to answer this but I like to think of it this way: 1. Are you long term hodler? If you think Ada is going to the moon and you're a hodler, then it really doesn't matter if you buy at 2.40 or 3.00, especially if you think it's going somewhere 2. On the managing your emotional outcome side of it all: how do you think you'll react if it does jump and you missed out? how do you think you'll feel if it plummets if you had it or not? Best of luck!
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