Post
Topic
Board Economics
Re: A wise strategy for your bitcoin
by
gabmen
on 09/05/2018, 13:39:56 UTC
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.

The market prices is always depending on the demand and supply of every coin so try to invest when the prices is dumping and sell it again when the market price is increasing in order to earn more profit.

Man, here you are absolutely right. However, even the guys that were not in time to buy Bitcoins before as they did not have the money, can do it now.

Well it's good that you are able to strategize and that's quite sound. Though i think for that to work you should have the luxury of money to hold for a while since your target may not get hit in a short time. This is one thing that all of us have to understand. To be able to make a good strategy for something as volatile as this market, you sbould have expendable money that you can afford to forget