Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
aesma
on 22/05/2021, 04:58:27 UTC
⭐ Merited by vapourminer (1)
Hello guys. So unlike others I'm not a trader, although I can use a small part of my stash to buy low and sell high, but with BTC, high one day is low another day. If the stash is in fiat, it's still OK.

This month I decided I had too much fiat and wanted to put 30K€ (36500$) back in, 1000€ (1220$) a day. I started when prices were at 46-48000€ (58500$) so I expected to get about 0.66BTC, and now we're at 30000€ (36500$) so pretty bad timing, but 2 thirds of the way my average buying price is 35000€ so I'm pretty happy with that.

Do you think I should put the last third in ASAP and buy at the current 30K€ (36500$) price, or continue with the plan ?

I'm keeping some bags of cash anyway in case the price goes down to 20K€, 10K€, and if it goes below that, we'll see, I might go all in, or stop buying because something bad would have caused such price.