If You Bought Bitcoin Each Week in 2019, You’d Be up 49%

[DreamStage]

I am glad i was once of those that made such thing possible

Not because i was lucky but because i have invested as a result of being pre informed about upcoming price changes and pump and dumps.
It's not hard to know how the price is changing if you have the knowledge and hodl when you have to

Speculations are the ones that makes me easier investor and take profit as finger snapping.

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[carlisle1]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

in 2020?if you really taking the advice seriously then you must start purchasing now because the prices is too low compared  to whats the value previously ,and also since halving is soon to happen then be ready for the bullrun,so purchasing later will bring you regrets.
if we are ready to invest in crypto better do it right away because the volatility of cryptocurrency is really un predictable and can happen ups and downs fast as we ever knew and this is proven for how many times before.

[verita1]

Any thoughts could be probabilities. I buy BTC every time I can. I usually buy ether and then swap BTC and as some think just HOLD when the price is lower. I always keep in my mind having BTC in my portfolio for the future of my children, so in a year I can buy, sell and HOLD that is my cycle.
In the last fall of Bitcoin, the exchange platforms traded to the maximum stablecoins level because users wanted to save their money.
There are different scenarios for everyone, particularly I will always be buying BTC in the measure of my possibilities.

[peter0425]

I am glad i was once of those that made such thing possible

because you have enough capital to do so,the problem in many "so called investors" is they investing with the money they need to live,and not their spare amount.

Not because i was lucky but because i have invested as a result of being pre informed about upcoming price changes and pump and dumps.
It's not hard to know how the price is changing if you have the knowledge and hodl when you have to

you are not lucky but you are tough to risk the money,though you are also a believer that bitcoin will grow again in future.

Speculations are the ones that makes me easier investor and take profit as finger snapping.

lol since when that speculation makes easier?upon all the things you've said this is the only one that i dont agree because thats why it was called speculative because no one can assures this.

[GideonGono]

I am glad i was once of those that made such thing possible

because you have enough capital to do so,the problem in many "so called investors" is they investing with the money they need to live,and not their spare amount.

That a sad thing because in the cryptoworld is full of surprises due to extreme price fluctuations hence sometimes it needs time to wait for it to rise because cutting your losses is not applicable all the time if the regular movement of the price would just bounce back. Spare amount is beneficial because it could wait rather than the latter.

Not because i was lucky but because i have invested as a result of being pre informed about upcoming price changes and pump and dumps.
It's not hard to know how the price is changing if you have the knowledge and hodl when you have to

you are not lucky but you are tough to risk the money,though you are also a believer that bitcoin will grow again in future.

I think its not a risk really when you invest in Bitcoin because just by looking at the graph you could say that somehow in the future it would surpass the price it currently has. Along with the developments that would happen in the future.

Speculations are the ones that makes me easier investor and take profit as finger snapping.

lol since when that speculation makes easier?upon all the things you've said this is the only one that i dont agree because thats why it was called speculative because no one can assures this.

I’m curious to know as well. How would an investor could ride on a mere speculation.

[bohr]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

Bitcoin shows the strength of a concept that has been known for a very long time but that you can see in this market more clearly, when it comes to investing the most important aspect is to begin as soon as possible, a person that begins to invest whatever little money that he has in hand will have a bigger retirement fund when he reaches that age than someone that starts many decades later, but with bitcoin you can see the advantage of this idea in a single year which is completely crazy.

[Krislaw]

This is a not so good financial advice as you have painted it. Newbies will take this as an advice without doing good calculations.
Buying weekly during ups and downs of bitcoin isn't profitable as some of your buys might be during the peaks. Remember we were once at 12k this year.

[Dabs]

You can always buy a little bit of bitcoin every week, or every 2 weeks, or even once a month. As the article implies, it can be as low as $10. So you dollar cost average and fix it at $10 regardless of the price of bitcoin and get what you get.

[Fappanu]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

Think about what you will do, it is better to buy bitcoin at a cheaper price and not weekly as it will give you a huge profit after a few months of volitle price.

Because if you are on a weekly basis, you may be able to buy a higher price and of course the smaller profit you will receive.

[Xxmodded]

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.

Maybe yes but when you buy bitcoin each week when bitcoin have higher price maybe now you have lost and forget with your profit, maybe can buy bitcoin each week bit after raise profit and have target with your earning sell bitcoin and take re investing after bitcoin have lower price again, don't worried with sell bitcoin soon because you have chance to re invest.

[worle1bm]

Most of trader who have faith in btc and have knowledge of the market invest whenever there is dump situations in market and make huge profits during the pumps but investing every week is a risky venture and on the flip side you need funds to invest for that and trader invest for a longer time except day traders.You can stock up your capital in btc with hope of price rise with next year halving and prices can cross $15k by the end of 2020 so if not weekly try to invest some portion of your funds in btc along with other alts who will follow the rally and rise to huge levels.

[bohr]

This is a not so good financial advice as you have painted it. Newbies will take this as an advice without doing good calculations.
Buying weekly during ups and downs of bitcoin isn't profitable as some of your buys might be during the peaks. Remember we were once at 12k this year.

In fact it is a good advice, many people worry too much about the perfect moment to buy bitcoin not realizing that the perfect moment is always now if what you're looking for is a long term investment, the most important part here is consistency, if you can buy bitcoin weekly or monthly then it is very likely that in the future you are going to do well, and it is very likely that you are going to obtain results that are many times better than what a newbie could get by trying to time the market.

[HardFacts]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

You are an utter FOOL  🐵🐵🐵🐵    If investing were that easy, virtually everyone on the planet would be a millionaire.

It is very easy to look at a price history chart, and say if you bought at " XXX TIME " you would have made a lot of money...  Anyone can win the sports bet after the game is over 🤣🤣🤣🤣

REALITY:   Predicting future price movements takes a lot of analysis, intelligence, and some luck mixed in.   Any fool that thinks he can just buy every week and will make money deserves the losses they are likely to get.   You might get lucky, but if you are counting on luck, you might as well go to the casino and gamble instead of waiting for bitcoin...

Hard Facts

[TitanGEL]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

Bitcoin shows the strength of a concept that has been known for a very long time but that you can see in this market more clearly, when it comes to investing the most important aspect is to begin as soon as possible, a person that begins to invest whatever little money that he has in hand will have a bigger retirement fund when he reaches that age than someone that starts many decades later, but with bitcoin you can see the advantage of this idea in a single year which is completely crazy.

Buying bitcoin every week is a risky decision. I'm not an investor and I'm a crypto trader so I have criteria about when to buy and when to sell. You should not just put money on bitcoin because its price look like cheap, you should buy bitcoin if there is some catalyst and also a bullish pattern that you will see in the chart.

[Getmon]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

Bitcoin shows the strength of a concept that has been known for a very long time but that you can see in this market more clearly, when it comes to investing the most important aspect is to begin as soon as possible, a person that begins to invest whatever little money that he has in hand will have a bigger retirement fund when he reaches that age than someone that starts many decades later, but with bitcoin you can see the advantage of this idea in a single year which is completely crazy.

Buying bitcoin every week is a risky decision. I'm not an investor and I'm a crypto trader so I have criteria about when to buy and when to sell. You should not just put money on bitcoin because its price look like cheap, you should buy bitcoin if there is some catalyst and also a bullish pattern that you will see in the chart.

You can actually do that and still end up profitable. That is what the numbers are telling and numbers don't like. Or if you want to do it a bit safer you can buy every week except when there is a rally going on. You can always sell also every week for as long as you are making a gain. But this will really demand a huge money from you and a really focused monitoring of the prices and your buy and sell prices as well.

[samcrypto]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

Great goals ahead mate and this is the power of cost averaging always remember that no matter how small it is as long as you are buying and have the goals to reach its possible to happen. I'm doing this for months now since the big drop on its price again and I think I already make money on this one. The future is still with bitcoin, keep buying and don't hesitate to store your bitcoin, just place it on a safe wallet.

[bohr]

This piece just opened my eyes to something really wonderful. I will take up this challenge to buy bitcoin every week in 2020, no matter how small. Thank you very much for this  

Bitcoin shows the strength of a concept that has been known for a very long time but that you can see in this market more clearly, when it comes to investing the most important aspect is to begin as soon as possible, a person that begins to invest whatever little money that he has in hand will have a bigger retirement fund when he reaches that age than someone that starts many decades later, but with bitcoin you can see the advantage of this idea in a single year which is completely crazy.

Buying bitcoin every week is a risky decision. I'm not an investor and I'm a crypto trader so I have criteria about when to buy and when to sell. You should not just put money on bitcoin because its price look like cheap, you should buy bitcoin if there is some catalyst and also a bullish pattern that you will see in the chart.

If you have the knowledge and the skills to formulate a better strategy then by all means do it, what I'm saying is that the particular strategy that is being discussed is not bad at all if you are a newbie with no knowledge about how the market works, and if you can be consistent and do this for months or even years then you will do well in the future, this strategy can be applied not only to bitcoin but to any market that you like and you will still get good results in the long term.

[kro55]

You don't need to buy bitcoin every week if its bullish trend. Its only good to buy bitcoin and other cryptos when whole market is in red. You can buy slowly to get good average in the end. To be rich with bitcoin you need to buy at right time.

[ereborltc]

I will use Bitcoin as a channel to buy other altcoins, but I will not hoard Bitcoin in large quantities. The economic benefits brought by altcoins are greater, but the risks are also great.

[bohr]

I will use Bitcoin as a channel to buy other altcoins, but I will not hoard Bitcoin in large quantities. The economic benefits brought by altcoins are greater, but the risks are also great.

On average most altcoins have not brought any kind of economic benefit during the last two years, it is true that we saw a recovery during this year but compared to the growth that bitcoin went through altcoins lost ground against bitcoin, even as we speak bitcoin has a dominance of 68.5% which basically means that for every 10 dollars invested in this market almost 7 are invested in bitcoin, why take the risk of investing in altcoins when we have a coin that is so dominant and so much better than the rest of the coins.