You are viewing a single comment's thread from:

RE: Are we Seeing More Decline in Bitcoin Price in Coming Months?

in #bitcoin6 years ago

What were seeing is mass accumlation right now by big players. If you're looking to buy, make sure to dollar cost average. For instance, lets say you have $300. Hopefully you bought around the 3800 that we saw a couple days ago. Buy another $100 now. Then wait for more price action.

Sort:  

That'll be a pretty safe strategy to play. But for now, everything can happen. Right now, we're kind of nowhere, between major moving averages, with a probability to drop even further. I wrote about this today, if you're interested:
https://steemit.com/bitcoin/@aezakmi/bitcoin-latest-price-action-a-closer-look-at-what-s-going-on
Cheers

Probably Yes