It's especially frustrating because I'm NEARLY fully invested in so I'd really like to get the best value for my last investment FOR ONCE. I know im reasoning short term, but I'm sure I could have done better.
My advice would be to wait for bitcoin to hit $100. Then you get a reasonable value for your last dollars.
Before choking, listen to the reasoning: Bitcoin is going to incredible heights. If you go all-in now and the price goes down, or stays at this level for any longer time, you are tempted to sell at a loss. If it goes up, you are tempted to sell at least a part of your position way too early. If you wait until it hits $100 (which it doesn't), then your attitude is always that "I could have bought more coins, but didn't, so I have to hold on to the ones I have". That way you don't sell out too cheaply, and in the end make both more dollars and bitcoins.
And if it crashes hard, at least you still have some cash
Thanks! That makes a lot of sense. Now the problem is how to be able to invest when the coin is cheap. It seems I'm always late at the party! There are some flashcrash but they are very short. In 24h, there is a rebound. Do you guys leave money on an exchange all the time ? It seems the natural way to do it, but its also risky. Is there a rule you follow when you leave cash on an exchange ?