If you would have averaged your Bitcoin buys weekly, youd be up by almost 50% for the yearan impressive statistic that proves it is smart to spread out your buys.
Does averaging out your buys instead of going all in make for a better strategy? With making large buys, its about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.Full news hereI honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.
However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.
Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this years high of almost $14k.
Something like that can be said after see the price movement. But before it, nobody knows right? Maybe for me do our best to make profit will be good. And about interval buy, i think buy it weekly almost same with split our capital and then buy with price that we think it is good to buy. With that we don't need to open our market account every week and can do only see bitcoin price in site that show it.