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Author Topic: If You Bought Bitcoin Each Week in 2019, You’d Be up 49%  (Read 1793 times)
OnceTwiceThird
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November 28, 2019, 06:52:51 AM
 #41

This is also difficult, lot of people telling these kind of words, but some are difficult to apply because we have different thinking or perspection especially money involve.

Just for example if we are on bear market where there are lot of dumps, then there's a lot of people waiting first to reverse the market.
For me, they are right. Long term is better, don't get excited.
Sir, do not worry. At first is difficult, then it will be easier. More practise!
Precisely! That's how adoption works. Especially when history keep repeat itself and the market will become mature, and people will adopt it too especially those people who already aged on this field.
It's just like the ETF things recently, at first ETF events are very huge or important for them like they are expecting huge price movements but nowadays it's kinda not big thing at all.
I am frustrated with bitcoin price always down and make altcoin have allow with bitcoin price too become lower price, how come if buy and invest with bitcoin every week can increase and get much profit with bitcoin always have lower price? waiting is best solution right now with bitcoin and altcoin price keep down, I think have to start new investing with cryptocurrency.
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November 28, 2019, 07:27:19 AM
 #42

I find that it is even more profitable when you save your weekly Fiat to buy the dip. Just open a separate Bank account that are used for your Crypto currency transactions and drop a small amount every week into that account. When the Bitcoin price take a dip, you use that money to buy at a low price.

So instead of buying every week, you plan your trades and your end result are a lot higher than the 49% mentioned here. Just make sure that you sell some bitcoins when the price spike, like it did this year at $12 000+  Wink

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November 28, 2019, 07:30:49 AM
 #43

I am frustrated with bitcoin price always down and make altcoin have allow with bitcoin price too become lower price,
because you expect instant money thats why you become frustrated in bitcoin price together with altcoins.
how come if buy and invest with bitcoin every week can increase and get much profit with bitcoin always have lower price?
because we are not talking overnight here,what OP means is that you bought bitcoin weekly for months and keep on holding until bullrun comes then thats the profiteering.
waiting is best solution right now with bitcoin and altcoin price keep down, I think have to start new investing with cryptocurrency.
lol when do you want to invest?when the price grows that you cannot afford anymore?

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November 28, 2019, 11:28:26 AM
 #44

Unimaginable, I didn't think this one in this way ever, That's really a good way to make a profit from buying every week of Bitcoin, This analysis could help us to get a good result at the end of a year, Basically I am getting afraid of the price of Bitcoin day by day because it's making me confused when the price goes down and not, so on an average, It would be a profitable way if you make a plan like this way, but in recent time, Bitcoin price is really frustrating for me, I don't know when this price trend will high, but this weekly buying option could help me to get recovered from losing value of the previous situation.

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November 28, 2019, 07:40:07 PM
 #45

Unimaginable, I didn't think this one in this way ever, That's really a good way to make a profit from buying every week of Bitcoin, This analysis could help us to get a good result at the end of a year, Basically I am getting afraid of the price of Bitcoin day by day because it's making me confused when the price goes down and not, so on an average, It would be a profitable way if you make a plan like this way, but in recent time, Bitcoin price is really frustrating for me, I don't know when this price trend will high, but this weekly buying option could help me to get recovered from losing value of the previous situation.
As of now, it is actually the perfect time to buy bitcoin since it is on a downfall, the lower price of the cryptocurrency is, the perfect time to buy it so that when that particular tokens pumps up at a certain time, you can earn a lot of money than you can get just by waiting. Making a profit every week is not a joke, because it is hard to make profit since the market is on a downfall, but we should not lose hope and believe that the market will recover again and every crypto will rise up again in terms of price just like what happened last two years ago.
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November 29, 2019, 08:37:09 AM
 #46

If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.

Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.


Full news here

I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.

Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.

Yeeap, and if we will continue buy it every week until 2020, i think We can make even bigger profits, at least 100%

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November 29, 2019, 01:43:39 PM
 #47

Too bad that I just buy Bitcoin randomly and it isn't even like more than 3 times a week because of my finances from my needs. Well regardless of what happens, our investment will go along the flow anyway from that percentage maybe there's a huge gap in between but in the end, the rate of increase would still be somehow a bit same quantity.
Then learn when and what considerations you need to take before buying bitcoin. If you have finances as you said, why don't you take a step further and do not rush in buying. You can try to save your money and wait for this kind of situation, everytime bear market comes, grab the opportunity, it would give you better profit than buying bitcoin at random.



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November 29, 2019, 02:49:42 PM
 #48

I don't really know for sure, but if you were buying when the price was $3000 and you are buying weekly till the time it got to $13k to $14k and then dropped back now, there will be some loss I guess or am I wrong about that? There is nothing wrong with buying it all at once, I guess the author was saying this for those that couldn't afford to buy the whole thing at once, so he was trying to say that if they were managing to invest a little money every week in Bitcoin they would be up by around 50%.

If you want to buy at once you will have to target what you are buying and make sure that you buy at the right time. Imagine those that bought at $3000 how much profit they will have by now? That's more than 300%?
the formula is to have a proper investment management.

you could just buy at $3000 at once and taking profit whenever the price to $4500 , you have got 50% profit without have to wait long time. that is not the case here , i mean it was not aimed at those people who love taking that big risk to buy and spend money all at once.
with continuously buying bitcoin in separate times , you are reducing risk to get loss and even more a sure profit in the future.

you cannot always buy and sell at the right time isn't it? by doing this i think you will always in a position where you are buying at the right time.
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November 29, 2019, 02:57:48 PM
 #49

Incredible result, to be honest. But are you sure about real value behind this 49%?

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November 29, 2019, 03:04:39 PM
 #50

I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

each person should have their own strategy, for example:

You could be a person who earns $20 with signature campaign and would make $160 in two months, then trade with ETH - USDT and you could make money every day, but you would only make more money if you knew how to trade correctly. .

You could also collect bitcoin and place sports bets (high risk of losing money) and you could make a lot of money. The fact is that every person must have their own strategy to have a lot of money.


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November 29, 2019, 03:08:20 PM
Last edit: December 03, 2019, 03:10:41 PM by teosanru
 #51

If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.

Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.


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I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.

Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.
Well this really is a proof that why systematic investments work in BTC too and it can provide you a return you can never even expect in real market. Moreover people who say that Cryptocurrencies are volatile and you can lose money. Buying every week gives you a chance of both averaging and laddering your buys. I think if people keep some patience their portfolios of BTC would definitely grow with time.

I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

each person should have their own strategy, for example:

You could be a person who earns $20 with signature campaign and would make $160 in two months, then trade with ETH - USDT and you could make money every day, but you would only make more money if you knew how to trade correctly. .

You could also collect bitcoin and place sports bets (high risk of losing money) and you could make a lot of money. The fact is that every person must have their own strategy to have a lot of money.


Trading and betting like you are saying is no way to earn money. People trade with full swing and employing a study of more than year to become successful at it. It's just not that easy to trade correctly especially in such volatile and manipulative markets such as cryptocurrencies. Moreover Gambling is never a way to make money. It's just a recreational activity which might make you money or might lose you everything. I think no person should have both of these in their investment strategy atleast. OP addresses this thread for those beginners who just buy btc once and whole and then complain about price going down.
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November 29, 2019, 03:19:30 PM
 #52

I am agree with you. At the moment, i am also thinking about stay in BTC and stay out from Alt. Most of my investments are turned into zero and many of alt doesn't have any good value. I regret for those investment.
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November 30, 2019, 11:34:39 PM
 #53

I knew it! I keep telling people to buy bitcoin. Then they come to me yes you see now bitcoin has gone down. I tell them to stop their shit you cant get profits and money instantly. Then it recoverd to the bought price and beyond. Now down again. Had they listened they will have a nice handsome reward and maybe a few bitcoins left. But people are so quick to judge and think the world will nd everytime bitcoin goes down. It goes up they say nothing -_-  Embarrassed

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December 01, 2019, 12:00:07 AM
 #54

If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.

Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.


Full news here

I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.

Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.
We know that by buying Bitcoin, we have already invested in technology that continues to grow in value. In the world of cryptocurrency, Bitcoin is the safest asset compared to Altcoin which can fall in price at any time. Bitcoin has the lowest risk of falling prices compared to other coins.

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December 01, 2019, 01:48:00 AM
 #55

From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.

We know that by buying Bitcoin, we have already invested in technology that continues to grow in value. In the world of cryptocurrency, Bitcoin is the safest asset compared to Altcoin which can fall in price at any time. Bitcoin has the lowest risk of falling prices compared to other coins.

It is EASY to look at a past chart, and say I should have bought at XXX date.  That is NOT REAL though...

You could have made a fortune by investing on XXX date in ENRON, With BERNIE MADOFF, or any of the other bubbles throughout history.   You could have also LOST everything by investing on XXX date when the price was about to collapse  📉📉📉

Bitcoin is NOT technology, it is NOT the block-chain, it just uses technology...   You might as well say you invested in the highway system because you had a Model A Ford.  The highway system changed the world, the Model A ford was worthless after a few years....

You might get rich, you might lose everything, do not invest with money you can not afford to lose.   A bit of REALITY for you guys: 

No investment or speculation is " guaranteed "     The only value of bitcoin is what some greater fool will pay for it.   If someone will not give you 1 penny for your bitcoin, what good would it do you to own, how would it benefit you or anyone else ?? 

You can ignore reality, but you can not ignore the consequences of ignoring reality ( like losing your money ) 🤣🤣🤣🤣

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December 01, 2019, 01:54:41 AM
 #56

I knew it! I keep telling people to buy bitcoin. Then they come to me yes you see now bitcoin has gone down. I tell them to stop their shit you cant get profits and money instantly. Then it recoverd to the bought price and beyond. Now down again. Had they listened they will have a nice handsome reward and maybe a few bitcoins left. But people are so quick to judge and think the world will nd everytime bitcoin goes down. It goes up they say nothing -_-  Embarrassed

Your " LOGIC " is very flawed...  Just because price went up in a bubble does not mean it will always do that.   I know from experience, and invested in " SURE THINGS " that were the future, that everyone was investing in.  I got in just in time to have the bubble pop and lose a lot of money.   One day you will look back on this and wish you had listened to real logic and analysis, instead of letting your GREED BLIND you...

EVERYONE:   The saying " Blinded by Greed " exists for a very good reason, and describes perfectly the people in this forum 🙈🙈🙈🙈

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December 01, 2019, 03:54:16 AM
 #57

We know that by buying Bitcoin, we have already invested in technology that continues to grow in value.
investors didnt know that  . know one said that btc will continue to grow in value but that is only what investors think so they only trust thier own instincs .

In the world of cryptocurrency, Bitcoin is the safest asset compared to Altcoin which can fall in price at any time. Bitcoin has the lowest risk of falling prices compared to other coins.
altcoins can also fall in price and infact altcoins are the ones that are more stable compare to bitcoin  . bitcoin is not the safest but its also risky compare to other known alts but its safer compare to other tokens and altcoins that are only pump and dump or often call sh*tcoins  .
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December 01, 2019, 04:20:14 AM
 #58

IF I have this knowledge before, this could be me strategy to enter on cryptos, but know it's impossible because I have all my portfolio in cryptos
But I tried to help people explaining that, to maximize the profits without being exposed to much

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December 01, 2019, 04:47:14 AM
 #59

Too bad that I just buy Bitcoin randomly and it isn't even like more than 3 times a week because of my finances from my needs. Well regardless of what happens, our investment will go along the flow anyway from that percentage maybe there's a huge gap in between but in the end, the rate of increase would still be somehow a bit same quantity.
although like that bitcoin price movements cannot be predicted with certainty because when you buy bitcoin in 2019 then it could be that the price of bitcoin falls and goes back to the initial price, bitcoin has such risks so don't be affected by bad news so it will only make you loss because you sell your assets at cheap prices.

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December 01, 2019, 04:55:47 AM
 #60

I was wondering if anyone has been purchasing Bitcoin every month from beginning of 2018 till date. What amount of return you might be getting, I am sure it will be more than 50 percent.

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