Bitcoin Forum
April 27, 2024, 04:16:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Good time to invest at $7,000?  (Read 371 times)
rickadone
Legendary
*
Offline Offline

Activity: 1176
Merit: 1024



View Profile
April 17, 2018, 01:09:10 PM
 #41

What we are having now has been some crazy market and it is understandable when some are still looking for a much better price for bitcoin and at the end they still end up missing this one anyway. The same way people get greedy at the top buying into fomo is exactly the same way the get greedy not buying at dips and looking for a lower price.

The market is unpredictable and the way they can play safe is to buy small, and if they get lucky to see it lower, buy more and so on. For years I am doing so and making use of all the fluctuations by following this simple strategy. In some sense it is kind of averaging the buying prices in down market conditions.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!