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Title: This is how I am investing to become a cryptomaniac! Post by: smithw on November 11, 2017, 02:00:53 AM I have already invested a bit over $ 4,000 in btc and I am going to invest every week as follows! Every friday if the price is less
< 9,000 im buying $100 worth < 8,000 buying $200 worth < 7,000 buying $300 < 6,000 buying $400 < 5,000 buying $500 < 4,000 buying $600 < 3,000 buying $700 going to do this for a year and see what happens, all of it coming from the friendly casino!!! Good Luck to All Title: Re: This is how I am investing to become a cryptomaniac! Post by: player514 on November 11, 2017, 02:08:32 AM I have already invested a bit over $ 4,000 in btc and I am going to invest every week as follows! Every friday if the price is less < 9,000 im buying $100 worth < 8,000 buying $200 worth < 7,000 buying $300 < 6,000 buying $400 < 5,000 buying $500 < 4,000 buying $600 < 3,000 buying $700 going to do this for a year and see what happens, all of it coming from the friendly casino!!! Good Luck to All This is interesting and if everyone followed some type of system like the one you pose here, there would probably be very strong rebounds whenever bitcoin bursts. This would assure some type of safety, which could end up combating a lot of the negatives especially in terms of the volatility. The only drawback is that you would need enough and be comfortable enough to keep putting money into this situation. Title: Re: This is how I am investing to become a cryptomaniac! Post by: smithw on November 11, 2017, 02:17:24 AM Thanks Player,,,, yeh so on weeks when it is down you are buying more bitcoin persay and if it keeps raising Ill change the bracket as needed. So hey let it fall for awhile ill be buying a lot of it. good luck
Title: Re: This is how I am investing to become a cryptomaniac! Post by: squatz1 on November 11, 2017, 02:27:29 AM Like i mean, this is something which is good but I don't think I could personally hold myself to doing something like this, as if the price was to get this low you'd pretty much be dying into a dead coin, as the price would be going from 7000ish to 3000ish?
More to you if you'd be doing it and I wish you all the best in making tons of money. Goodluck! Title: Re: This is how I am investing to become a cryptomaniac! Post by: no0dlepunk on November 11, 2017, 02:34:54 AM I have already invested a bit over $ 4,000 in btc and I am going to invest every week as follows! Every friday if the price is less Haha, this is nostalgic dude... I started my bitcoins at $800 and I kind of did the same thing. After a while I accumulated 3 bitcoins and now I am just waiting for the $10,000 mark, then I guess I will sell it. But let's see.< 9,000 im buying $100 worth < 8,000 buying $200 worth < 7,000 buying $300 < 6,000 buying $400 < 5,000 buying $500 < 4,000 buying $600 < 3,000 buying $700 going to do this for a year and see what happens, all of it coming from the friendly casino!!! Good Luck to All Some big players are waiting for the $500,000 per bitcoin Title: Re: This is how I am investing to become a cryptomaniac! Post by: smithw on November 11, 2017, 02:38:34 AM Yeh its just dollar cost averaging and I am just hoping that btc will remain where it is now or higher a year from now. So if it does end around the same in a years time i will love it dropping on occasions. As far as me making the money its coming from the casino (advantage player here) so its just extra income from gambling so if i lose it its alright. Good Luck to all
Title: Re: This is how I am investing to become a cryptomaniac! Post by: smithw on November 11, 2017, 02:47:43 AM WTG noOdlepunk,,, wish you continued success!!
Title: Re: This is how I am investing to become a cryptomaniac! Post by: hastag_80 on November 12, 2017, 11:43:17 AM I have already invested a bit over $ 4,000 in btc and I am going to invest every week as follows! Every friday if the price is less < 9,000 im buying $100 worth < 8,000 buying $200 worth < 7,000 buying $300 < 6,000 buying $400 < 5,000 buying $500 < 4,000 buying $600 < 3,000 buying $700 going to do this for a year and see what happens, all of it coming from the friendly casino!!! Good Luck to All Thats sound ridicolous,because we cannot predict that every friday the value of bitcoin price is low,its always volatile,will thats your idea i much really appreciate that money bit over $4,000 btc.we hope your success dude,these money coming from gambling casino?will this is your only extra income, it will never mind you if its is loss.good luck! Title: Re: This is how I am investing to become a cryptomaniac! Post by: smithw on November 14, 2017, 04:52:42 AM Dummy, its not ridicolous,,, you buy more as the price decreases its not predicting the price! Do you understand dollar cost averaging? And yes I am an advantage player against the casino and other wagers and I also have 4 other sources of income all legit.
[/quote] Thats sound ridicolous,because we cannot predict that every friday the value of bitcoin price is low,its always volatile,will thats your idea i much really appreciate that money bit over $4,000 btc.we hope your success dude,these money coming from gambling casino?will this is your only extra income, it will never mind you if its is loss.good luck! [/quote] Title: Re: This is how I am investing to become a cryptomaniac! Post by: williamevanl on November 14, 2017, 05:11:39 AM I'd just put all of your casino money directly into it!
Title: Re: This is how I am investing to become a cryptomaniac! Post by: Dudeperfect on November 14, 2017, 05:39:56 AM I appreciate this strategy. This is called price averaging strategy which allows the investor to make his acquisition cost as low as possible so that he can earn returns immediately after even a short surge in the price.
Never buy or sell as a whole. If you are buying in market falling conditions and selling when it is going upwards then your 100% capital should be divided like, 1. Buy Low - 20% - 20% - 40% 2. Wait - Hold 100% 3. Sell High - 40% - 20% - 20% This strategy will take the advantage of the price averaging technique and render high profits. When you see the price falling, then you can't be sure about the lowest possible level so this strategy helps to en-cash every level without rendering the loss of further opportunities. Title: Re: This is how I am investing to become a cryptomaniac! Post by: newbie-hero on November 15, 2017, 10:47:10 AM The author has just demonstrated us his calculations, but no one can predict the behaviour of cryptomarket. Meanwhile, I support him: it is wise dealing with BTC, even when it starts its ups and downs.
Title: Re: This is how I am investing to become a cryptomaniac! Post by: smithw on November 15, 2017, 06:41:14 PM Yep, the further it drops the more I am buying!!!
Title: Re: This is how I am investing to become a cryptomaniac! Post by: thecodebear on November 15, 2017, 06:51:18 PM I have already invested a bit over $ 4,000 in btc and I am going to invest every week as follows! Every friday if the price is less < 9,000 im buying $100 worth < 8,000 buying $200 worth < 7,000 buying $300 < 6,000 buying $400 < 5,000 buying $500 < 4,000 buying $600 < 3,000 buying $700 going to do this for a year and see what happens, all of it coming from the friendly casino!!! Good Luck to All So you're saying you're only gonna buy a few hundred dollars of Bitcoin in the next month, and maybe a few hundred more during the next dip in roughly January. And that's it. You'll probably only get about $1000-$1500 more bitcoin with this strategy. Title: Re: This is how I am investing to become a cryptomaniac! Post by: smithw on November 15, 2017, 07:00:43 PM I invest a descent amount in the stock market and my play at the casino. I am a very disciplined investor and yes I will invest what I showed you each week so if the price is down I am getting more percentages of bitcoin. Now dont get me wrong if I have some real good days at the casino I will be investing more but Im not just going to dump 25,000 into bitcoin at once just a bit at a time so I will be ready for any correction that may happen.
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