Post
Topic
Board Economics
Re: A good day to buy hard?
by
OROBTC
on 19/09/2015, 19:34:24 UTC
A great great day to buy hard indeed. I am seriously considering buying with all my available money right now. We're flat, I dont think the price is dipping below $200 again, ever. We may be leaving behind $300 and maybe $400 forever within the next 8 months. I am very optimistic of the route we're taking in the not-so-distant future.


While I agree that Bitcoin is probably pretty cheap here, I would never, ever jump 100% into any investment as volatile as Bitcoin.  Or any investment period.

Diversification is a much better way of averaging out your longer-term gains (and maybe outperform, as many others do NOT diversify, leaving the field a little more open...).

Even if you have a lot of money, I would not suggest putting more than 1% - 2% into BTC.  Especially if you have a family.  And even 1% into BTC is kind-of a lot.