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RE: Bitcoin Trying to pick the bottom, an in depth review.

in #bitcoin7 years ago

Or... or... just buy systematically, same day of the week, same amount of our local currency and hold never selling. No graphs. No one can pick the bottom. It's not timing the market, but time in the market.

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I don't know, the internet was the next big thing, and myspace as well as pets.com were leaders with market caps in the hundreds of millions. Graphs, psychological and historical analysis as well as risk management allow us to profit and keep making profit consistently in the market. Buying systematically is a plan to buy without a plan without thought for market sentiment or fundamental analysis which is by far the riskiest approach. Its easy to make 10x in this market but it is just as easy to lose it

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