Bitcoin Dinnertime Ticker 10/02/2017

in #bitcoin7 years ago

Bid $4365.88
Ask $4372.65

9FC8CF15-A6A4-4770-927D-FD1920AB8370.jpeg

Buy consistently at the same time every week. This takes emotion and guesswork out of the equation. You may think you’ll pick the best times each week, but you’ll talk yourself out of buying hoping it will drop lower or you’ll panic and buy if price rises briefly. No way to accurately and reliably time price swings.

Buy each week no matter price and you’ll average into the market gradually and not stress about whether you picked the best time.

All of that assumes a general upward trend over the long term. A prolonged bear market would result in getting more coins per buy but you still need the market to rise or none of that matters. BTW you can use the same strategy to cash out later. Gradually sell taking gains over time rather than in one lump.

Sort:  

@reported has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

Nice picture

Congratulations @kendall2! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!