Post
Topic
Board Bitcoin Discussion
Re: Investing before August 1st.
by
Mandoy
on 28/07/2017, 11:26:07 UTC
Hi guys,

i want to invest some money into Bitcoin but don't know if i should invest now or after August 1st.
Might the price for one btc drop after August 1st and would it be a good decision to wait a couple days?
What could be a benefit of investing now?

regards
Jambo

There are two options that you should need to do today and that is either to buy or not to buy. If you will buy today then the price will go down during August 1 then you will suffer some losses but if it will go up like crazy then you will get huge profits. But if you dont buy bitcoins you will not lost when the price goes down and you will also not earn when the price goes up. The best thing to do now is to slice your budget and that is to keep 50% of your money in your pocket and the other half use it to buy bitcoin. If the price went down you can use your remaining money to buy more bitcoins in a lower value. If the price is high then you can either hold or sell your bitcoins. With this strategy you will not lost a huge sum of money and you will also not be deprived of the opportunity to earn.