Re: THIS is the time to buy!

If I want to invest $52, I would convert $1 to BTC every week for one year starting today.

Why only $1 you would convert to bitcoin every week? Small investment leads to small gain and that's all what you got. It's better if you can add some more as what you need to do is just buy and do nothing at all but to keep on holding those bitcoins that you bought.

That's just a reference number. It can be $1, $1k, $10k, or so on.

Also, purchasing btc every week if you are not comfortable moving, say all your savings, to btc all at once now.

Okay, I thought you would only convert $1 every week which is going to be eaten and will be distributed to a very small fraction of bitcoins as it's price is starting to move upwards again. I want to move all of my savings before but I have no guts of doing it and with the high price of bitcoin now, still I can't do it. But recent news, there are people who moved their savings to bitcoin, all of their savings.

In the end gut is the most important, if you don't have it to invest when odds are against you then you can't make big money. People move their savings into bitcoin for years, back then it was much more riskier then its now, but those who did that are now swimming in money. Time for buying is ongoing for years and that will last, bitcoin have chance to worth a lot more then now and as long that chance exists its good time for buying.

I have talked to my friends this early and you are right with what you are saying that gut is the most important thing. I thought those friends of mine will just ignore what I'm saying but they are encouraged that bitcoin is the best thing and they have the guts to invest and very optimistic with it.

Rather than guts the perfect understanding about bitcoin will make people invest in it without thinking of anything negative about the same. When the price seems low, the user who truly trust will try to buy as much possible. Same time the users who are into panic just tend to sell.

Guts comes first and then understanding the whole thing will be the next issue. They are more fierce when we are talking about profit and that's why they have bought and started their own portfolio of their own choice. And even they have heard negative things and they are quite panicking for now as the market started to show negativity, still they are staying and buying.