Don't try to catch the overall bottom. Just catch a lot of little bottoms.
This is what I do. I buy a large margin position at the bottom of each correction. Then sell most of it and keep the profits in btc. 
Topic: Did I miss the bottom? (Read 1956 times)
Many think if Bitcoin succeeds, it could eventually reach something like 100k+/coin. If it ultimately fails, it'll go to zero.
Now with those two binary outcomes in mind, do you think you've "missed the bottom"?
I suspect we'll be at the bottom, relative to the huge upside potential that still exists, for a little longer. Bitcoin is still very much like the really early days of the internet. It's all speculation driving the price today. Practically none of Bitcoin's innovation or potential has be harnessed, or even will be, for perhaps many years.
Now with those two binary outcomes in mind, do you think you've "missed the bottom"?
I suspect we'll be at the bottom, relative to the huge upside potential that still exists, for a little longer. Bitcoin is still very much like the really early days of the internet. It's all speculation driving the price today. Practically none of Bitcoin's innovation or potential has be harnessed, or even will be, for perhaps many years.
Buy in now and you wouldn't miss anything.
But the good news is you did not miss the bottom of your favorite fiat currency, for it has no bottom.
I am going to infinity thank you. My new favorite fiat printer is Yellen that I need to buy more stuff for Christmas! I am banking on being a trillionare, either with bitcoin or usd! No stopping my investment strategy.
indeed, I bought between 110$ and 60$ on the way down.
Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)
Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)
And you're making or losing money? Just curious
at current price, i'm making money
(I was a not so early adopter buying in before triple digits and 'bubble'. I started buying around 50$)
indeed, I bought between 110$ and 60$ on the way down.
Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)
Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)
And you're making or losing money? Just curious
indeed, I bought between 110$ and 60$ on the way down.
Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)
Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)
Just catch a lot of little bottoms.
What she said. Or something.
yes, you did.
but it is still low. buy in now if you can.
but it is still low. buy in now if you can.
I'd say, now is the time to sell in small increments, but people usually scoff at you if you try to act rationally.
Well I'd link to some good 80s french porn like, say, Dans la Chaleur de St. Tropez, but clearly I'd be persecuted by the amish mafia on this forum.
But the good news is you did not miss the bottom of your favorite fiat currency, for it has no bottom.
Thats a good one! 
Even if you catch the bottom, how many coins can you buy? It's bottom because no one would sell it at that lower price, see?
Getting in at the price that you can handle and buy some coins, which amount will not hurt you.
Getting in at the price that you can handle and buy some coins, which amount will not hurt you.
The bottom for Bitcoin, probably.
But the good news is you did not miss the bottom of your favorite fiat currency, for it has no bottom.
But the good news is you did not miss the bottom of your favorite fiat currency, for it has no bottom.
yes, you did.
but it is still low. buy in now if you can.
but it is still low. buy in now if you can.
no
No. It will likely bounce back down again.
Don't try to catch the overall bottom. Just catch a lot of little bottoms.
Did I???
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