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Topic: Considerations before buying BTC - page 5. (Read 1161 times)

sr. member
Activity: 420
Merit: 251
November 06, 2017, 04:23:47 PM
#2
What is the metrics that you take into account before investing in BTC? Do you think about how much it has been rising, what is news is coming up, and your personal belief in crypto?
I didn't do any of these things. The only thing that comes to mind when investing in BTC is whether you want to make money or not. If the answer to that question is yes, then you buy Bitcoin as soon as possible because you don't really know what the price is going to do in this highly unpredictable market.

And it was the right call after all. The money you will make by waiting for a potential dip which may not even happen is negligible to the amount you will make by just buying at any time and holding.
member
Activity: 87
Merit: 10
November 06, 2017, 04:17:36 PM
#1
What is the metrics that you take into account before investing in BTC? Do you think about how much it has been rising, what is news is coming up, and your personal belief in crypto?
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