Post
Topic
Board Bitcoin Discussion
Re: How do you assess the value of Bitcoin?
by
Nrcewker
on 04/08/2022, 12:58:13 UTC
Hi all,

How do you (personally) decide when Bitcoins are a buy? - gut feeling, just DCA to a certain amount, only buying below 25,000 or ...?

Thanks!

First you need to understand mate that here we are talking about Bitcoins.
Secondly see the marketcap and popularity of the coin.
And then finally conclude that Bitcoins are very much value and due to its large marketcap, the price of the coin will definitely rise.
So as of me, whenever I have some money to invest, i just buy as many Bitcoins as I can. I don’t look at the price. As Bitcoins are for long term. If I buy now, then definitely after 2 years I will be get 3 times the invested amount.
Rest is up to you to decide OP.