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Topic: If You Bought Bitcoin Each Week in 2019, You’d Be up 49% (Read 1743 times)

brand new
Activity: 0
Merit: 0
Пpoдaeтcя кpиптoвaлютнaя биpжa c xopoшeй peпyтaциeй (4 гoдa)

O биpжe:
Дoля к пpoдaжe 90%
Цeнa - oбcyждaeтcя c пoкyпaтeлeм
Зapeгиcтpиpoвaнныx тpeйдepoв c пoдтвepждeнными eмeйлaми - 5047
Пoддepживaeмыe языки - pyccкий, aнглийcкий, китaйcкий
Фиaтныe вaлюты - RUR, USD
Зapeгиcтpиpoвaнa вo вcex кaтaлoгax (в тoм чиcлe CoinGecko и CoinMarketCap)
Пoлoжитeльнaя peпyтaция в тeчeнии 4 лeт
Пoлнocтью aнoнимнa (пoдxoдит для пpoкpyтки или oбнaличивaния cpeдcтв бeз пpoxoждeния пpoцeдypы KYC или для oфopмлeния в любoй cтpaнe)

Фyнкциoнaльнocть:
* Cиcтeмa бeзoпacнocти нa выcoчaйшeм ypoвнe (зa вce вpeмя ни oднoгo взлoмa, 2FA, пoдтвepждeниe вывoдa пo пoчтe)
* Cиcтeмa тexничecкoй пoддepжки
* Плaтфopмa, c пoмoщью кoтopoй тpeйдepы мoгyт пpeдлaгaть идeи для paзвития биpжи (peйтинг зaдaч, cтaтycы выпoлнeния, кoммeнтapии)
* Чaт для тpeйдepoв
* Aдминкa для пoлнoгo кoнтpoля и yпpaвлeния биpжeй
newbie
Activity: 14
Merit: 0
I am interested to know the stories, why did you decide to buy bitcoin?
legendary
Activity: 2268
Merit: 1655
To the Moon
The problem is we don't know about the future, if we know it I think many people will become rich. We only can predict and prediction not always right. I better in this way like this moment, try imagine if people know the future and rich from bitcoin, currency will fall and global economic world will meet their nightmare, collapse. Maybe if you share how to get money and enough to buy bitcoin every week, bounty hunter economic problem will solved, that's better.
I've thought about it many times, what if I were given a crystal ball for a few days)
You can buy bitcoin at any time. And even if you chose the wrong time to buy bitcoin, you will always have several options for what to do next. You can wait for it to grow. But sometimes it is easier to fix a loss and continue trading.


legendary
Activity: 2800
Merit: 3443
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Buying at right time and then holding always gives you good return, no matter in which market you are investing. Main thing is we are not willing to buy bitcoin when it’s right time to buy. Everyone is willing to buy bitcoin now when it’s going up but very few bought it when it was at 6800$. You can always have good gains in bitcoin if you buy at dip.

Try using this in a non bitcoin, non top 10 crypto market and then regret every word you said. There's a fine line between gambling and predicting (some say there isn't a line) but trying to time your bitcoin buys and sells isn't for any of us. It's not for expert traders who still lost money when the market floundered. It's definitely not for people who think they're smarter than the rest.

Save yourself the heartache and get into cost average buys. Like OP.
sr. member
Activity: 1400
Merit: 269
Yeah i think cost averaging is better than going all in because then, you have to diet yourself or restrict yourself from buying daily necessities just because of FOMO and ended up with huge losses.
Another better strategy would be buy in the dips even in small portions and you'll be able to profit from it. Both has its merit i guess it all depends on a person's financial status.
hero member
Activity: 788
Merit: 505
Buying at right time and then holding always gives you good return, no matter in which market you are investing. Main thing is we are not willing to buy bitcoin when it’s right time to buy. Everyone is willing to buy bitcoin now when it’s going up but very few bought it when it was at 6800$. You can always have good gains in bitcoin if you buy at dip.
sr. member
Activity: 826
Merit: 252
The problem is we don't know about the future, if we know it I think many people will become rich. We only can predict and prediction not always right. I better in this way like this moment, try imagine if people know the future and rich from bitcoin, currency will fall and global economic world will meet their nightmare, collapse. Maybe if you share how to get money and enough to buy bitcoin every week, bounty hunter economic problem will solved, that's better.
sr. member
Activity: 966
Merit: 274
Yes, I agree with you, but it's going to be more frustrating for those who bought bitcoin when it was over $20k as not all of them dumped or cashed out because of the long term and it's been two years since we don't see the market going to the moment they're waiting for, but this proves that we can invest gradually instead of one bulk investment. I might even start doing this to make steady profit from now on.


This is the kind of investment wherein, you will not basicallg figure out if you lost or win whenever you sell your holdings. But what is good with it is that, bitcoin overtime is becoming more prominent and famous, it's become more functional to the market and leading to growth and development including its market price. So if we continue.to hodl and buy at this kind of investment, without making sure, we can have profits in the future.
newbie
Activity: 8
Merit: 0
I wonder what are the stats for 2018? I’m doing biweekly automatic the whole of 2020
sr. member
Activity: 268
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Yes, I agree with you, but it's going to be more frustrating for those who bought bitcoin when it was over $20k as not all of them dumped or cashed out because of the long term and it's been two years since we don't see the market going to the moment they're waiting for, but this proves that we can invest gradually instead of one bulk investment. I might even start doing this to make steady profit from now on.
sr. member
Activity: 1848
Merit: 370
If You Bought Bitcoin Each Week in 2019, You’d Be up 49%

If you Bought Bitcoin in JUNE 2019, You'd Be DOWN 49 %


VERY DISHONEST, VERY DECEPTIVE to cherry pick a date in the past that shows huge returns, and then say this is any indication for future investing...  Anyone can suggest investing in any stock, even a dog, by doing this.

Wise up people  🙉🙉🙉

Hard Facts
It's really a fact because the market is volatile that we can really say or predict when will the market decrease and increase, that is why investing in bitcoin is a risk yet it can still profitable if the price of it will start to increase. Patience is only thing that we need for us not to worry in our investment and keeping our hopes high in its price.

True, you can't really do the conventional style of investing and trading with bitcoin since apart from the fact that it's hard to predict, it's also hard to time your buys and purchases. What I personally do is hodl and buy when I have the money, and eventually I'll see the profits and gains of my investments. But yeah, what works for me might not work for you. Anyhow, this strategy is working, for the people who have enough money to buy btc every week, though.
sr. member
Activity: 560
Merit: 256
Exactly! You can never earn free bitcoin without working. It is not possible. On the contrary, you have to work hard to get Bitcoin, such as participating in bonus campaigns, for example directing Bitcoin. Those jobs take a lot of time.
sr. member
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
Of course the best thing to do is buy low, and sell high. However, it is very difficult to time the market. The whole point of dollar cost averaging is to take away the emotion of trying to time the market. Just buy consistently. You'll come out on top later.

Exactly!  That's why study the market more as much as possible and as much as we could so that when time comes that we need to sell we can make more profit, but of course let's learn first how much we are willing to invest, how much we are willing to sacrifice  if ever that the value of the market shrunk to the unexpected one.
Well its kinda risky at point where we dont know when the value will pump and fall.  But what do we really need is how to hold until the price increase again if we really want to get profit. And never ever panic every time the price dropped. 
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
If you would have averaged your Bitcoin buys weekly, you’d be up by almost 50% for the year—an impressive statistic that proves it is smart to spread out your buys.

Does averaging out your buys instead of going ‘all in’ make for a better strategy? With making large buys, it’s about timing the market. However, averaging out your Bitcoin buys over a longer period of time has brought great returns for investors this year.


Full news here

I honestly do not know what to say about this guys, but dang! If only I can afford buying Bitcoin every week and having guts of taking risks in this unpredictable market, for sure I would be in profits by now.

However, do you guys agree about this one? Up to this date, most of the market move are in favor of the bulls than the bears.

Even the bulls are pushing the price higher, the bears are not slowing down in pulling it back. We are still up by the way. From over $3k last January and now hovering around $7.2k after this year’s high of almost $14k.
Impressive statistics you got there mate. Most of our fellow traders here prefer going all in because of how big the changes they see first hand but I've never reall thought about spreading my buys until I see this. This will be helpful, although hodling and timing your purchases still poses the most profits if you'll ask me. I would like to incorporate this strategy however in my next investments with bitcoin.
member
Activity: 434
Merit: 29
that is why investing in bitcoin is a risk yet it can still profitable if the price of it will start to increase. Patience is only thing that we need for us not to worry in our investment and keeping our hopes high in its price.


Patience will only work as an investment strategy if the general trend is UP.  If Bitcoin is in a downtrend, and going towards zero, patience will assure that you lose ALL your money 😭😭😭

Would you tell those that invested in Deutsche Bank stock 2 years ago to be " Patient ", and wait it out  Grin Grin Grin

Hard Facts
sr. member
Activity: 812
Merit: 262
If You Bought Bitcoin Each Week in 2019, You’d Be up 49%

If you Bought Bitcoin in JUNE 2019, You'd Be DOWN 49 %


VERY DISHONEST, VERY DECEPTIVE to cherry pick a date in the past that shows huge returns, and then say this is any indication for future investing...  Anyone can suggest investing in any stock, even a dog, by doing this.

Wise up people  🙉🙉🙉

Hard Facts
It's really a fact because the market is volatile that we can really say or predict when will the market decrease and increase, that is why investing in bitcoin is a risk yet it can still profitable if the price of it will start to increase. Patience is only thing that we need for us not to worry in our investment and keeping our hopes high in its price.
member
Activity: 434
Merit: 29
If You Bought Bitcoin Each Week in 2019, You’d Be up 49%

If you Bought Bitcoin in JUNE 2019, You'd Be DOWN 49 %


VERY DISHONEST, VERY DECEPTIVE to cherry pick a date in the past that shows huge returns, and then say this is any indication for future investing...  Anyone can suggest investing in any stock, even a dog, by doing this.

Wise up people  🙉🙉🙉

Hard Facts
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I think the idea is that you can't really study the market. I mean, maybe you can and there are some people who have successfully done that for traditional financial markets, but no one has made any short term predictions with consistency.

The good ones are always at a macro level, or long term. In the really long term, we can correlate it with other markets as relentlessly going up, just like plenty of other index funds.
sr. member
Activity: 994
Merit: 257
There are altcoins that give much higher profit than bitcoin, but it is hard to find. As bitcoin gives assured profit out of the investment in the short or long term people prefer investing on bitcoin even when there were large number of altcoins available in the market. Spending a specific amount to buy bitcoin every week is truly a good step, but very few follow in real life.
And everyone is looking desperately for those altcoins and yet very few people find them, just realize that you are taking a huge risk when you invest in those coins and most likely you are not realizing the full extent of the risk you took and while it is true that if you select the right coin you can make a lot of money the chances that you are going to do it are less than 1% and with those kind of chances it is preferable to invest in bitcoin instead of those altcoins.
hero member
Activity: 1190
Merit: 511
Of course the best thing to do is buy low, and sell high. However, it is very difficult to time the market. The whole point of dollar cost averaging is to take away the emotion of trying to time the market. Just buy consistently. You'll come out on top later.

Exactly!  That's why study the market more as much as possible and as much as we could so that when time comes that we need to sell we can make more profit, but of course let's learn first how much we are willing to invest, how much we are willing to sacrifice  if ever that the value of the market shrunk to the unexpected one.
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