Post
Topic
Board Economics
Re: Monthly average USD/bitcoin price & trend
by
bluemoon
on 19/11/2013, 16:05:26 UTC

The only valid trading advice, like rpietila and others have said many times is BUY BELOW TRENDLINE and only add to your coins before hitting your final target (should be in the $10k's or $100k's).


There is clearly a higher risk of short term loss, but even when the price is above the trendline, the chart suggests this is still more often a better time to buy than waiting for prices to fall below trend.