Post
Topic
Board Economics
Re: What is your best investment strategy?
by
PurpleGentleman
on 30/09/2017, 15:24:05 UTC
Right now I don’t have enough bitcoin to make any kind of investment, I plan to buy bitcoin, but I don’t know, it seems to be very pricey at this time, so I will wait for a month, if after that bitcoin is still that expensive than I will buy since that means this is the new floor for bitcoin price.
Do not wait for the chance was gone. the current price down quite a lot should you consider this as an opportunity to buy. if you think there is still expensive then in the future it will bitcoin prices two times higher than today

Waiting for the price of bitcoin to fall will take time and don't doubt bitcoin's price now. If you'll buy on it's high price then you will see that the price of bitcoin will keep on increasing so if you'll buy right now still the profit for you is possible. This is the best investment that I did and I can say that it's really profitable if you will trust.
Buying right now when bitcoin is close to its all time high it is a mistake, if the price were to drop to the levels we had the previous year like the 600 range then you will probably end up with your money frozen for months or even years, or most likely you will end up selling for a loss.

If you are going to see the price of bitcoin. It is actually falling so if you are going to buy right now then you are doing the right thing. Of course as an old investor if you are going to buy bitcoins at ATH, then you are just wasting money. But if you know the price will go down, then you are doing the right thing.
I agree with you but the price is going up right now so the people who did not buy it are in a loss and the people who did are having profit right now this is the most common strategy of all time buy when it is low sell when it is high.