Post
Topic
Board Speculation
Re: Whodafuq is dumping BTC??
by
Raize
on 10/04/2014, 18:59:41 UTC
Guys, I am new to the bitcoin scene. Is it a good time to buy now or is it going to still go down?

Buy reasonable amounts, say 3-5% every paycheck while it falls. Don't try to time the bottom. If here within the span of the next year you are buying *above* your cost basis, hold till it reaches double your cost basis then sell at 3-5% of your weekly paycheck's worth. Inevitably it'll fall in value again and then you can start accumulating again with a new cost-basis.