Post
Topic
Board Trading Discussion
Merits 2 from 1 user
Re: If you have to buy cryptocurrency for 10.000USD today....
by
BlueStackz
on 18/05/2019, 08:06:08 UTC
⭐ Merited by neonshium (2)
Probably I'll buy bitcoin. Since it is the top 1 on cmc . Besids it was more acceptable and popular to most of merchants that accepts cryptocurreny.
Bitcoin would be the best option for anyone right now seeing the surges in its market values. But I would rather invest some $10k when the market value is the lowest. The reason behind it is purely making use of the down cost scenario and that is the best an investor can do to get maximum profits. Anyways, speculating in ETH and Bitcoin with $10k would not be a bad move.
Of course, investing at bottom is still the best way to get the most profitable investment but the challenges is the volatility of the market which makes it impossible for everyone to buy at bottom, so even if the price is rising, the only opportunity that one should be looking for is the dip time, with dip time, anyone that knows how to trade will still be able to make money with a capital as high as $10k.

Yesterday that the price of bitcoin deepened to about $7000, imagine an investors invests the $10k then and price bounces to $9k, as he not made profit of over $2.5k? Imagine he was busy waiting for bottom again, would he not have already missed out of the train?