Haha...
Well looks like I was wrong.
I was selling to buy cheap.
Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.
The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!
Well looks like I was wrong.
I was selling to buy cheap.
Anyway I've got a new strategy now. Buy buy buy, and hold the more it drops.
The price is cheap any way you look at it. Don't care how far it's going to drop now, I'm not selling just going to pump more in as it gets cheaper!
ok say you average down til it goes to 30. then goes sideways for 2 - 3 years. you lost money.
that is a waste of your time and your money.
but maybe that's fine when you're risking a few hundred i guess.
edit: if you really want to speculate and are willing buy and hold, i would go for xrp.
Well sure I'd lose money in that case, but I've got to treat this as a high risk investment.
I don't think it's going to do that, I think there is a lot of potential in BTC that is on the verge of being realised.
I've just sent some more money to Gox and my BTC holdings will total about 3-4 months salary once all is said and done.
I'm not a good saver or investor but when I look at bitcoin it looks like one of the few things that has potential to make me richer. Sure I could spend that money on a new car but that's never going to make me rich. While the odds aren't great, this just might.
