Post
Topic
Board Speculation
Re: My guess about bitcoin price
by
SoiledDove
on 31/08/2018, 12:03:17 UTC
Just buy when its on deep and take the profit once it hit top because you know that common strategy already and its followed by most of the people who have learned the basic trading strategy.

This is the strategy I'd probably go with if I was in buying mode. I think most investors would, to be honest. Buy Bitcoin when it's low and reap the rewards later. Everyone has his or her own strategy and that's okay. But I think this is the commonest one. I just read an interesting article in Bitcoin Exchange News which advised an ideal strategy for a newcomer investing in bitcoin. Firstly, it's suggested that it might be better in those early days to hold back regarding  mining or high yield investment schemes and buy some actual bitcoins over a period if time. And there's the eternal advice  for newcomers. Never invest what you can't afford to lose. Nothing really new here, but it's always reassuring to hear you can indulge in a little investment and still stay safe. Later, if you're feeling brave, you can adopt different strategies according to your knowledge and skill.