Post
Topic
Board Economics
Re: When do you buy Bitcoin ?
by
dezoel
on 14/06/2016, 15:38:35 UTC
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin

The price of bitcoin is the most unpredictable thing in this world.Because of its primary characteristics no one can tell what will happen with except rare cases (such may be halvings). It is decentralized (so no one can take care of it to help in achieving the staying in a given level) and is yet child (and is such is "capricious" and do what want; if old and mature will be more restrained and cannot go so fast up and down without any kind of rule). Having those in mind the only thing that can be made (at least that is what I do) is to buy every day on every various period little quantity of it. In this way you will not "feel" the costs and will have always more an more.
The best timing to buy some bitcoins is on the lowest price off course but that is queit difficult right now because the price of the bitcoin is very high at the moment.

Price is low today in compare to yesterday, so I think if you feel that price will go higher at the time of halving then you should buy some coins today.