Post
Topic
Board Bitcoin Discussion
Re: If You Bought Bitcoin Each Week in 2019, You’d Be up 49%
by
bitcoinsocial09
on 03/01/2020, 13:39:49 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 $14k.
Surely this is going to work since the market price of bitcoin was dump probably if you buy bitcoin more than 10k$ in the market it would be a hard sell and probably needed to hold this bitcoin for a long term to get a good profit in it. I earn bitcoin weekly and it is really making a profit so I agree with your suggestion.