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RE: Buying Bitcoin Here - Hope I Don't Get Rekt

in Threespeak5 years ago

Dollar cost average is the way to go. I know you said in one of your previous videos that if Bitcoin breaks 3000 or something you will reconsider your plans. However I still feel that you should keep going even in that scenario.

Decide what amount you're prepared to invest, divide it by 52, and buy each week with that amount. Don't greed. Don't look at 5000 dollar bitcoin and say wow that's cheap.

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Well said, very reasonable strategy!

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