Hi there,
I've been watching BTC since 2011. I've made experience trading and I had good ROI investing 500$ (got 2k back).
I've been saving since then and now I feel I'm ready to invest some more.
I have a few questions:
1. Where I should buy such quantity? Up to now I've been using BTC-E and Localbitcoins to buy/sell BTC
2. It's a good time? At today it's 1100$/BTC.. Not the best moment I think, what do you think? Shall I wait?
3. I'm ready to hold it till the next halving (2020 I believe), do you consider it safe (even at the current price)
Thanks for your comments
My question to you would be why did you wait for a long time after getting a good profit and what made you to come back when the price is high.If ETF is approved we can expect a price rise but it is highly unlikely that i will be approved this time around.
Your question itself has the answer. When bitcoin get great value, all the old adopters will make a come back and might regret for NOT holding. It is a common scenario in bitcoin I have read many people were crying who actually mined bitcoins just with their CPU.
ETF is highly expected to get approved as per many financial expert's view, but you are giving different statement, still we need to wait for actual outcome.
To buy huge money like 20k euro, I will prefer splitting up and buying in different exchanges and hence I will have less risk of losses.