Post
Topic
Board Economics
Re: Your Source of Investment Money?
by
Janation
on 25/05/2019, 00:48:54 UTC
Work. Buying a little at a time every week. Which I was doing that a few months ago.

You don't need to do it every week.

I mean you can time your purchase when the price of BTC is lower than the usual price. The price of BTC is so volatile that we don't really know what will happen in the near future. All we know is that it has a possibility of pumping and that is the thing that we are wanting to happen. We just buy on the dump and hold it until it pumps again, you don't need to worry there, holding and being patient in a long time is worth it.

Why not ?  If thats what he wants , i dont think you can do anything to stop him  .thats his money and that his life  . There is nothing wrong in buying every week because as i can see , the price is not really expensive enough . Infact the price seems to decrease a little bit more , which was good for investors that wants to hope in and hoard more coins  .

The guy might be impatient and he cant wait for the dip .  Buying asap is beneficial because if you hodl your cash there is a tendency that you will spend it on other things  . Better if you will only spend it on cryptosso that it will be more beneficial to you .

That is true though.

In the past weeks, the price of BTC is far lower than the current price that we have now. If we will be comparing these two, the price of it doubled so I thought it is better if he bought at that time. Though you are right, I can't stop this guy from doing what he wants. The correction, I think is already done and the price is having a stable price increase.