Post
Topic
Board Economics
Re: A wise strategy for your bitcoin
by
bitctrimor1
on 09/05/2018, 20:50:09 UTC
That strategy requires you to have good timing on the market. But the problem is, by doing so, it will make you emotional and you will be prone to make mistakes making you lose some of your money.

If you want the best strategy for ordinary investors like us, "buy the dips". If you have a job you should save 20% of your monthly salary and make that available to buy when Bitcoin's price is falling.

I agree. And unfortunately, timing is the most difficult thing to actually do in this market because the market and its assets just moves so very fast that it's hard to keep a close eye on it, especially if you are only a part-time cryptocurrency users. The only people who has the chance to do this are those that are full-time cryptocurrency venturers. Another difficult thing to do here is the idea that being objective at almost everytime is hard to do, we're people after all.