Quote from: BigBos on January 17, 2020, 05:34:38 AM

Quote from: wheelz1200 on January 16, 2020, 05:51:59 PM

Quote from: stskv on January 15, 2020, 02:04:39 AM

I had a bitcoin but withdrew like a month and half ago on coinbase to pay some college loans especially since the value kept dropping. Obviously not the case now, I have $4,000 in the bank, what can I do now to make the best of bitcoin or can you give me strategies as it starts rising again?

Dont try timing the market. Buy as much as you can comfortably afford with the money you have and then go from there. My recomendation from here and anyone is to incrementally buy week by week or month by month. This protects you from sudden dips so you can cost average lower but at the same time be able to catch some of the rising prices with coin you already have bought.

when market conditions like this, quite a lot of people who want to return to buy bitcoin and regret having sold it at a low price. to be honest, I agree with your opinion. do not rush to assess this. if you want to have bitcoin back, think carefully about the benefits, so you don't regret it. other than that, buy according to your needs, and don't overdo it.
You will regret when you put it in 1 basket, but things suddenly turn out to be a boomerang for you

If you've learned to manage your funds and don't risk it on just one blow, you won't do that because there's no assurance for the market to stay on the current level. While the price was at lower costs, then buying time must be initiated and accumulation of btc holdings must be observed better. You can eventually grow your asset when perfect target is reached so you can sell when high price is acquired.