I guess , its time to Buy as the worst case scenario could be 200 , and i think The most It will hit 210+ and again it will Bump Up!
so its time to get some.
so its time to get some.
Same logic as stocks right but Bitcoin does not appear to be anything as "rational" as stocks.
As a newbie in this field, I would try to buy some at 200 to speculate but the floor is infinite.
I think if you are really interested to invest now, you should perceive the situation by investing slowly at equal intervals of time. For example, if you are looking out for an investment of 1000$, invest on 1 bitcoin a day and another bitcoin another day. This day you will maintain your average and wouldn't lose out big if price goes up or down rapidly, so you're averaging and that's a nice strategy for me when I enter something new
Don't you think playing safe can risk your profits? Keeping in mind the current market state, you're either in or out, there's no in between. It's a gamble, just like stocks, so you can't really 'average' if you want to make good money. Study the speculations and make your choice, bulk investment seems like a good idea right now.
Playing safe when investing has never really put me at a loss, I can actually really average. The reason behind my idea of per-day investment is simply that if the price of bitcoin is assumed to be 200$ today, it will fluctuate constantly at such a phase and cause prices to differ from 200$-50$ atleast. Wouldn't mind averaging that price, I am in it for long term and don't matter if I average it now, my investments will be much stronger once the market reaches its desired maturity