So after being paid a little bonus, i'm wondering what is best to do....
I'm not sure how low BTC will come down to after this monsterous surge, so i figure i have 2 options:
1 - Buy BTC when i figure is the best time. But when is that time?!?! Is it when it reaches $9,000? $8,000? Is it even likely to go that low again?
I'm not sure how low BTC will come down to after this monsterous surge, so i figure i have 2 options:
1 - Buy BTC when i figure is the best time. But when is that time?!?! Is it when it reaches $9,000? $8,000? Is it even likely to go that low again?
Well, you have your answer now. It has reached $9,000, twice, and is trying very hard to break loose from that floor. So yes, it is likely to go low, dip, correct, however you want to calll it. But it is just as likely to surge up even higher. And as likely to drop even lower. I don't want to be pessimistic but I'm ready for it to test $5,000 floors
2 - Buy another miner and have it hosted somewhere. I already have a home miner so i'd like somewhere cheaper to run another one (expensive and inconvenient in the UK), and i'd like to skip the $200/250 import VAT duty. But then i have to wait 2 months or so for an S9. Or maybe worth waiting until the new Avalon 8 series comes out early next year?
With this amazing surge in price, i'm tempted to just buy more BTC, but then i am concerned the price might correct itself and lose out.
Thoughts everyone? What would you do with $1500?
With this amazing surge in price, i'm tempted to just buy more BTC, but then i am concerned the price might correct itself and lose out.
Thoughts everyone? What would you do with $1500?
Can't give an expert opinion, but any expert miner will tell you to wait, I'm sure. And any expert miner who already knows how to be profitable won't be concerned about dips and surges. Just choose a plan and stick to it.
I'm not an expert anything, so my option is always to get Bitcoin. If i had spare cash, that's where it'll all go to.