Stop trying to time the markets. We don't know if it's going to go up or down. If someone says they know, they're lying. If they knew, they'd be making a lot of money with it, they wouldn't be trying to convince you that they know. Bitcoin is a volatile, unpredictable asset. With the short-term thinking of trying to time your buys to the market, you're never going to get anywhere. There's no free money to be made. If you're serious about bitcoin, consider educating yourself and look into a more forward-thinking strategy like DCA. If you're just trying to make a quick buck, get out of here. Bitcoin is not for you.
Bitcoin may not be for you if you’re looking to make quick gains through investment in Bitcoin, but if you’re looking at it from the perspective of trading, then you can make quick gains as a good trader when you can predict well the direction of the market and you place a trade towards that direction. Bitcoin is indeed volatile but it doesn’t limit the trader how much they can make from the market when they predict well the direction of the market. The dollar cost averaging method has been quite an innovative approach to bitcoin buying and it has help many investors have their bags filled up using this method. When you’re into the market for investing, employing this method will be a welcome development to reaching your target goal more seamlessly.