Quote from: StarofBTC on November 13, 2016, 05:27:06 AM

Quote from: Dudeperfect on November 06, 2016, 06:36:49 AM

Quote from: lakisis on November 05, 2016, 11:56:19 PM

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 thats 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 initially bought ones too.

Exactly, thats the benefit of price averaging strategy. One can pick this if he wants to buy bitcoins for the long term and as an investment. This is best for buyers and still can be applied while selling too. It just brings the all various prices at one average price and that is always safest game to play because average price is a combination of all prices during that period.