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Bitcoin Forum > Economy > Economics > Speculation > [Daily Speculation Poll] :: bitcoin stratgy
Poll
Question: Which is the best way to invest in bitcoin
buy bitcoins monthly, buy goods - 4 (11.4%)
buying bulk bitcoin when its cheeps and holding for a very long time - 9 (25.7%)
acumulate, day trade, buy goods - 9 (25.7%)
accumulate, and invest in new and unique bitcoin businesses - 5 (14.3%)
All of the above + 500BTC Minning Invest / and move to a app. where bill is included - 8 (22.9%)
Total Voters: 35

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adamstgBit (OP)
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July 07, 2012, 08:04:47 PM
 #1
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cypherdoc
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July 07, 2012, 08:08:52 PM
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you left one out:  BUY, BUY, BUY!
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July 08, 2012, 12:06:56 AM
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None of those dude. How about: active trading more then once a week?
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July 08, 2012, 12:38:42 AM
 #4
None of the above. Systematic buying of a fixed amount government fiat worth of Bitcoin on a weekly or bi-weekly basis's regardless of the Bitcoin price. A monthly frequency for a cost averaging strategy is too long because of the historical volatility of Bitcoin.

Here is my favorite: In honour of Apple banning Bitcoin wallet applications from their app store:
1) Price an iPad
2) Buy half the value of said iPad worth of Bitcoin every two weeks.
Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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July 08, 2012, 05:02:33 PM
 #5
Quote from: cypherdoc on July 07, 2012, 08:08:52 PM
you left one out:  BUY, BUY, BUY!
lawl

You earned my respect back with that my friend, off my ignore list  Smiley
Vandroiy
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July 08, 2012, 08:24:51 PM
 #6
I guess it depends on the person...?

Bitcoin killer app development would probably be the "best", but how to do that? Tongue
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