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Board Speculation
Re: Bitcoin Price Dropping ? How can I Protect The Value Of My Bitcoin.
by
GateCrasher
on 04/11/2014, 09:34:32 UTC
If you are a true investor, the best thing to do when the Bitcoins price drops is buy buy buy. add to the coins you already have in storage and lower your overall investment costs.

DEFINE

You buy 100 BTC @ 600 dollars

Price drops to 300 dollars

you then buy 200 BTC @ 300 dollars

Overall cost of each BTC for this investment 400 dollars per BTC

ADDITION TO SCENARIO:

Price rises back to 1BTC @ 1000 dollars

Profit on selling off your complete investment $180,000.00

OR buy a nice vacation condo in Spain and make cash value for that investment every month or maybe even every week.

Its is so amazing how many people are so under-educated on how investments work. Bitcoins are no longer in their infancy its the idiots using bitcoins that are the infants. Sorry to be so blunt. but as I have watched and searched its amazing how many people see one thing TRADABLE CASH VALUE, but in their blindness they do not see how many other ways they can turn Bitcoin into cash without selling them off to an exchange.







Most people have probably already invested over 50% of their wealth into Bitcoin (serious Bitcoiners)