Post
Topic
Board Bitcoin Discussion
Re: If You Bought Bitcoin Each Week in 2019, You’d Be up 49%
by
Asuspawer09
on 02/01/2020, 05:29:51 UTC
If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an 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, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.


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I 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 year’s high of almost $14k.
I agree I don't usually buy bitcoin but I investing my bitcoin that I get weekly and seems like a lot of time it was going down but quickly going back up in the end.
I think as long as you invest your bitcoin at a reasonable price in the market I think it will going to give you profit in bitcoin since the market price of bitcoin was so volatile  Wink

It was just hoped and trust, in my opinion, a lot of time people or investors are just getting hype up.