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 wisest strategy is to just follow the normal rules, sell when the price is high and invest a huge amount when the coins price is low, it was very easy but not everyone can really follow this instructions because not everyone can handle the pressure of the market when their coin price is decreasing.
it's true and it's become a strategy that many people who have played in bitcoin long used. buying when the price is low and selling when the price is high especially in investing large amounts it will surely get big profits as well .. and someone who like investors and trade it must have knowledge about the pressure of the market also when up and down