Quote from: Luckybit on November 28, 2013, 09:59:34 PM

Quote from: Dr Bloggood on November 28, 2013, 03:57:02 PM

Quote from: kik1977 on November 28, 2013, 03:45:15 PM

You said you're pretty expert in trading.. therefore you should know that, whatever one of us can tell you, it would be purely speculations.. no one knows!
Moreover the timeframe matters a lot: which is your horizon? A few days investment? Weeks? Years? In the latter case, every moment is good..

I'm far from an expert, and even very good people have a very tough time getting the timing right.

Time frame: Good point, I should have mentioned it's long term. I don't care how long I have to hold, and I'm convinced it will either go to the sky or to 0. If it goes to the sky first, and then later to 0, that's bad for BC, but for my investment it's kind of ok too...

So I have the feeling you are right, almost every moment is good, untill it goes to 0, it will go up, up, up...

Buy as much as you can as soon as you have the money. Do not wait. Dollar cost averaging is not as efficient of a strategy.

It is also a riskier strategy. Bitcoin has enough upside that you don't need to maximize risk to make a good return.

Less risky strategies save you from bad decisions when there is a squeeze.