I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
I'm going to accumulate a small amount of bitcoin everyday with my monthly savings. I'll be doing it till bitcoin remains below 50K. 50K to 100K would be a no buy no sell zone and anything above 100K, I'll start selling. Doing so I plan to bring x3 profit as my average buy price would be much lower than 50K while I'll sell on different slabs above 100K. There's no doubt I'll achieve it but the real question is how soon? It won't be worth if it takes 10 years. There are so much hype of 100K that I believe it should be achieved in next couple of years. So, I'll recommend you to keep buying.