Hello everyone, I want to share about my strategy with bitcoin and I need your advice.
So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
Wow nice strategy!!! I think with this method you can continue to roll your bitcoin and can probably make at least 1BTC later. I have similar method that I used but now I don't to trading because of prior job because for me you need to focus on trading so that you can already make a good profit out of it. But just like what other's have said, you need to have a perfec timing but it seems you have a lot of time in your time so this strategy perfectly fits you mate. Goodluck and I hope you earn 1 full BTC in the coming months. Right now the price is dipping, perfect opportunity for you to get in now ...