You are viewing a single comment's thread from:

RE: BTFD?

in #btc7 years ago

The closest thing to an ideal target price for buying Bitcoin is the dip (BTFD). The number of times we regret buying dips totals zero. If you don’t trust yourself to buy the dips, commit to a scheduled purchasing plan. Bitcoin is nothing if not volatile and largely unpredictable which is why most people know better than to try to time the market by trying to guess when the price has reached a top or bottom. Playing the price to find an ideal entry point burns more people than it benefits. And i, therefore, offer no opinions on when to buy (even during a dip). But a bad time to buy is generally not in a downward price trend. And holding Bitcoin long-term is the best compliment to a buy-the-dip strategy.