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RE: When the fuck is bitcoin going to go back down?

in #bitcoin7 years ago

Bitcoin is very unpredictable.. just when you think its going down it goes up and vice versa.. although lately it has been all up. You should try cost dollar averaging if you are afraid of buying in to high but dont want to miss out. Simply devide the amount you want to invest by 10 and buy bitcoin with that 1/10th amount once a week for the next 10 weeks. That way you are protected against sudden selloffs (relatively).

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Hmmm I like that idea. Thanks for the reply.

You also may want to look at alt coins such as xrp and omesigo who have not yet had their chance to shine. The prices aren't are high and probably never will be but an investment in one of the two can still yeild significant profit with arguably less risk