My Cryptocurrency/bitcoin buy-in recomendation

in #bitcoin7 years ago

I first entered the Cryptocurrency space around 18 months ago when a very annoying character in my town was persistently soliciting people in the local mall.

Buy Bitcoin says he, it's the brave new world he says. Well at that time the price was high, very high, it was, in fact, the all-time high at around $400. What $400 you say? Well, it's the brave new world and for this reason its nearly always at a high, or so it seems. Well so I bit the bullet and started buying in small amounts weekly, sometimes daily, and well the rest, as they say, is history.

But what is it that makes this thing so good? Well, how long is a piece of string? The thing is it is a decentralised means of value exchange. No government has a central point of attack, it's a distributed and decentralised network spanning the entire globe, is open and transparent because anyone can peer into its transactions and 'keep the bastards honest'.

Anyway, long story short, dollar cost averaging was and is the key. Its a very good system and a way of leveraging in at minimal cost and fuss. Today the little bits of coffee money buy-ins has come to many a thousand dollar. I fully recommend this method.

Thankyou.