time to buy bitcoin for new year 2018

in #bitcoin7 years ago

happy new year friends,
The Best Time To Buy Bitcoin
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Searching for the best time betrays a focus on short-term price performance and chasing quick returns. This mindset is ill-advised. Serious Bitcoin adopters do not care about short term profits, and anyone eager to buy Bitcoin also should not. Bitcoin is a revolutionary form of sound money, not a get-rich-quick scheme.

But Bitcoin is also a patently contrarian investment and somewhat unintuitive to boot. Seeking a modicum of advice before exchanging fiat currency for cryptocurrency is a rational choice. Except advice premised on a best time is bad advice.

Good advice: adopt three incredibly simple principles before buying a single Satoshi. Educate yourself, buy the dips, and never sell.

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Investing in Bitcoin means that you log onto Coinbase and buy some bitcoin. You then hold onto it. The ups make you feel like you made a wise choice; you’re making money. Your family will be proud. The downs on the other hand make you feel like scum. How could you have wasted all that money? Better not tell anyone.

Investing is a rollercoaster. It’s a considerable amount of time spent watching the screen as the bars fill and dip, numbers increase and decrease, lines wave around — and in the end, except for maybe the truly seasoned day trader, it’s all for nothing but stress.

thanks,

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