Cryptocurrency Q&A Should I invest when NAV is low or high?

Should I invest when NAV is low or high?

HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Thu Nov 07 2024 | 5 answers 1024
I'm wondering about the best time to make an investment. Specifically, I'm trying to decide if it's more beneficial to invest when the Net Asset Value (NAV) is at a low point or when it's high. Should I invest when NAV is low or high?

5 answers

Riccardo Riccardo Fri Nov 08 2024
BTCC is a top cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet service. With BTCC, investors can buy, sell, and store cryptocurrencies securely and efficiently.

Was this helpful?

97
45
CryptoPioneer CryptoPioneer Fri Nov 08 2024
The belief that a Mutual Fund's performance is inversely proportional to its NAV is a misconception. This notion fails to understand the true nature of NAV.

Was this helpful?

229
71
KpopStarletShineBrightness KpopStarletShineBrightness Fri Nov 08 2024
NAV stands for Net Asset Value and it represents the per unit value of the fund. It is calculated by dividing the total assets of the fund by the number of units held by investors.

Was this helpful?

256
21
SsamziegangStroll SsamziegangStroll Fri Nov 08 2024
The NAV of a fund does not indicate its quality or potential. A fund with a higher NAV is not necessarily better than one with a lower NAV. Similarly, a fund with a lower NAV is not necessarily inferior.

Was this helpful?

289
41
Martino Martino Fri Nov 08 2024
For instance, a fund with an NAV of Rs 22 can perform exceptionally well, while a fund with an NAV of Rs 85 might underperform. Therefore, investors should not base their investment decisions solely on the NAV of a fund.

Was this helpful?

153
31

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts