Post
Topic
Board Trading Discussion
Re: How do I invest (safely) in Bitcoin for the long term?
by
rollsroyce
on 17/09/2017, 04:57:54 UTC

Though you are very lucky to make it in your last investment  according to your testimony and I am very happy for you for making so much at list double your investment. Since you said you are new I think you should study very well to know when to buy and time to sell.

OP here.

Thanks for your advice. I am an experienced trader and investor. I am waiting for the Bitcoin price to drop before I get back in.
Maybe around the $2500 area. Any market that goes parabolic eventually collapses back to much lower levels.

Is there a way to short this market through a reliable broker?


Bitcoin is starting to get down to my target area.  Currently at $4180. Down from $4969.  Thats down 16% in less than 2 days.
Ethereum is now down from $391 to current $295. Thats down 25% in less than 2 days.

I love this market
[/quote]

OP here

Bitcoin has now gone as low as $2981. It will definitely get to my target of around the $2500 area.
Ethereum has now gone as low as $201. It will get to $100 without even working up a sweat.

Bitcoin at $2500 is a good place to buy.
Ethereum is a good buy at $100