Post
Topic
Board Trading Discussion
Re: I want to buy bitcoins
by
StarofBTC
on 13/11/2016, 05:27:06 UTC
yeah you can buy bitcoin because bitcoin is very profitable nowadays because price will be sooner rise up and recommend that buy bitcoin in huge amount and then hold it for the future and i think you can buy bitcoin from your near friends who use bitcoin through cradet card .

There is always risk associated with buying bitcoins is a single shot and that’s why I recommend buying with SIP strategy (that means buying small amounts of bitcoins in larger frequencies) that gives us opportunities to acquire bitcoins on average price during price volatility. If someone wants to buy 10 bitcoins then buying 1 bitcoin per week or month is best way to acquire bitcoin at good possible price because at the end of the period price of 10 bitcoins will be averaged to the price of that purchase period.
That is right but for someone who wants to sell bitcoins or want to trade them basically at higher price then they wont care as much. Yes, but I too agree that buying in small installments is safe plus it sometimes gives us bitcoins at cheaper price, while if price bumps too high we can sell the initial bought ones too.