Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin uptrend now?
by
crytomusica
on 24/01/2018, 18:18:50 UTC
market is green today. Do you think the uptrend is coming?
Do I should invest some?

You should have bought during the down trend and not in the up trend. Cryptocurrency investing is the opposite of a stoplight in streets. When the trend indicates Red that is the time for you to Go and invest and not the other way around. Recently, the trend of bitcoin is really fluctuating and seasoned traders are taking advantage of it. It seems to me like they are playing with the current trend that's why it won't reach to $12K again.

That's right. If you see it is going down you should buy more. If you analyze 2 years graph you will see that this strategy is working pretty well. As far as market is not crashed completely, you will make money with this plan.