Post
Topic
Board Economics
Re: Moment for buying or selling?
by
skorupi17
on 13/05/2017, 16:48:51 UTC
I was thinking, because of Bitcoin price skyrocketed, would it be wise to buy bitcoin now? I have some bitcoin in wallet, but nothing much, and i was thinking to buy some bitcoin more. But because of price rising in last few days i am not sure what to do, because if i buy now, maybe price will go down and ill lose profit, or maybe it will go up and i did not buy so ill lose profit too. What are your thinking on matter and what do you think how much will price of bitcoin rise this year?

Buying Bitcoin? Pretty risky mate.

The best way in order to be free from those disturbing thought is to earn bitcoin instead of buying. Earning bitcoin is much wiser because none of the money in your pocket will not be touched at all. The only thing that you must do is to work for it. Buying bitcoin is pretty risky and there are only two path, it is either you gain or you lose

Some wait for the moment when bitcoin soars up and then goes down due to correction, they buy bitcoin at the correction stage and wait for the recovery of the price of bitcoin. Et voila, instant profit.