Should I invest more bitcoin right now or wait?
Any predictions on what bit coin will do next? I want to buy more but I'm kinda nervous when it's this high up.
Any predictions on what bit coin will do next? I want to buy more but I'm kinda nervous when it's this high up.
I only throw in ten dollars from time to time and i dont want to turn around and it be pretty much gone.
Personally, I'm still pretty bullish on BTC and plan to keep picking up a little bit each week to spread out my cost. I don't think a dip below $3000 seems very likely at this point and its trajectory for 2017 is sending it toward nearly $5,000 by the end of the year. That is, if this year's trends hold strong.
I think that leaping past $3000 eased a lot of fears and may wake up some investors who've been watching from the sidelines to finally jump in due to FOMO.
The thing with Bitcoin is I think it is very unlikely to drop much in the long term but quite likely to rise. If you want to buy more for short term gains then it is a risky strategy but if this is a medium to longer term investment than you will probably be fine. You can choose a pull back to get in, ie when it slightly drops each time on the way up. Watch 'node investor' on youtube for more info on the technicals of this, his most recent video covers it.