If You Bought Bitcoin Each Week in 2019, You’d Be up 49% - page 6.

Eugenar

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Quote from: pakhitheboss on November 30, 2019, 11:55:47 PM

I was wondering if anyone has been purchasing Bitcoin every month from beginning of 2018 till date. What amount of return you might be getting, I am sure it will be more than 50 percent.

It was quite big enough since that person accumulated almost every month or week but for me, he just not maximized all the opportunity he has. He ca buy cryptocurrency in a low market price instead of buying weekly, which might cause him to buy in a huge market price, keeping up his money monthly and buying in a strategic market price would be better to consider. Imagine, if you always buy in a low price, and bitcoin fluctuates, you should have more than 50 percent ROI.

Sadlife

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If only i have the money to buy btc or alts every week i could cost average buying bitcoin and simply wait for a bull run but sadly i cant because im low in financial so i have to find some other source of income especially when im unemployed. So this technique might not work with those people like me who lacks financially. What i'll do is buy in the low price then reinvest with the small money i have.

maxreish

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Easier said but hard to do. How can you predict if it is the right timing to buy? Considering that weekly, market will not guarantee that it will go up the way we are expecting.
If that weeklu buying btc is effective for some, doean't really mean that it is also effective to another. I still prefer buying bitcoin when the market is at dip (even if it is not weekly).

Also, even if I can afford to buy it weekly, I may not take that risk.

agentx44

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Quote from: cheezcarls on November 26, 2019, 12:07:58 AM

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.

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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.

The only thing that would come to mind upon seeing this is regret. But that would definitely be so hard, consistently buying bitcoin every week for a year is not an easy job at all. It may also seem impossible actually since it would take great perseverance before you can accomplish such things. We can really say, with the help of this statistic, that it is indeed a smart move to spread your buys since the value of bitcoin has been escalating up and down a lot lately. We should take this piece of advice and try applying it in our investment to see if it would actually work.

johnwest

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Its a natural thing in my opinion, Bitcoin has always been supportive in terms of long holding, the only exception occurred was of from last year to this year holding. Still BTC is bearish and hopefully, 2020 will bring some great news for us.

bitvalak

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Quote from: cheezcarls on November 26, 2019, 12:07:58 AM

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.

I think he has an analysis that makes him confident of the decisions that will be taken, and it is impossible if he does gambling with a very large risk.
Need to understand in-depth analysis for traders to know when the right buying moment.

Cacingkemi

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Quote from: KnightElite on December 02, 2019, 12:40:49 AM

Quote from: Wintersoldier on December 01, 2019, 11:54:14 PM

Quote from: jets567 on December 01, 2019, 01:09:17 PM

I've seen a lot of post from other members here that plans to buy Bitcoin every month or every time they get their paycheck and for me buying Bitcoin every week is only applicable for those people who have huge funds because for a small investor, even they believe in Bitcoin it is still hard to put their hard earned money every week as they have other important things to spend the money.

I definitely disagree that we should categorize rich and poor people in buying cryptocurrency especially bitcoin in a weekly basis or in a paycheck basis. Because bitcoin is primarily created for everyone and for everyone to accumulate bitcoin is a good thing to consider because of its market volatility. For a great market price increase, both rich and poor will benefit from it so it depends on the decision of both parties if they want to buy and accumulate bitcoin per week or in each paycheck.

I'm not a investor and I'm a trader so for me it is not good to buy bitcoins in weekly basis. There are a lot of disadvantages that you can get if you bought bitcoin in weekly basis. People who doing that doesn't have good risk and management and most of them have low winning rate.

of course for a trader must have the right time to buy or when to resell because they always see the market situation. not always every week is the right time to buy bitcoin, although for those who have large capital before making a purchase, they must be able to analyze future market price movements in order to make a profit.

KnightElite

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Quote from: Wintersoldier on December 01, 2019, 11:54:14 PM

Quote from: jets567 on December 01, 2019, 01:09:17 PM

I've seen a lot of post from other members here that plans to buy Bitcoin every month or every time they get their paycheck and for me buying Bitcoin every week is only applicable for those people who have huge funds because for a small investor, even they believe in Bitcoin it is still hard to put their hard earned money every week as they have other important things to spend the money.

I definitely disagree that we should categorize rich and poor people in buying cryptocurrency especially bitcoin in a weekly basis or in a paycheck basis. Because bitcoin is primarily created for everyone and for everyone to accumulate bitcoin is a good thing to consider because of its market volatility. For a great market price increase, both rich and poor will benefit from it so it depends on the decision of both parties if they want to buy and accumulate bitcoin per week or in each paycheck.

I'm not a investor and I'm a trader so for me it is not good to buy bitcoins in weekly basis. There are a lot of disadvantages that you can get if you bought bitcoin in weekly basis. People who doing that doesn't have good risk and management and most of them have low winning rate.

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Quote from: rdluffy on November 30, 2019, 11:20:14 PM

IF I have this knowledge before, this could be me strategy to enter on cryptos, but know it's impossible because I have all my portfolio in cryptos
But I tried to help people explaining that, to maximize the profits without being exposed to much

of course no one knows if the market will grow or not because if does?then for sure everyone of us had already bought the very moment Bitcoin fall to $3k level right?

but let us not talk about the past because we can buy now or tomorrow as the value is growing year after year.(dont exaggerate because comparing from 2009 upto now,changes happen).

don't feel the regret as chances are always here in crypto as this is design for future and long term.

Wintersoldier

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Quote from: jets567 on December 01, 2019, 01:09:17 PM

I've seen a lot of post from other members here that plans to buy Bitcoin every month or every time they get their paycheck and for me buying Bitcoin every week is only applicable for those people who have huge funds because for a small investor, even they believe in Bitcoin it is still hard to put their hard earned money every week as they have other important things to spend the money.

I definitely disagree that we should categorize rich and poor people in buying cryptocurrency especially bitcoin in a weekly basis or in a paycheck basis. Because bitcoin is primarily created for everyone and for everyone to accumulate bitcoin is a good thing to consider because of its market volatility. For a great market price increase, both rich and poor will benefit from it so it depends on the decision of both parties if they want to buy and accumulate bitcoin per week or in each paycheck.

HardFacts

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Quote from: dimox on December 01, 2019, 12:01:57 AM

yeah, bitcoin is digital asset, so you will get much profit at the end. we dont know when it is, but its must be profit.
store money in bitcoin is better than the other investment. high chance to multiple your fund, and its easy to get it.

Given your statement, you are the absolute perfect example of " BLINDED BY GREED " 🙈🙈🙈🙈 That much used statement exists for a very good reason...

Whenever someone says an investment " MUST " go up, that is a huge red flag to any rational thinking person. You can make a fortune in a bubble 💰💰💰💰 For every person that got rich, just as many people are wiped out when the bubble collapses 🎈🎈🎈🎈

Everyone that invested in the dot.com bubble thought the same things you guys do, new technology would change the world, and it did. But those people still lost their money... Block-chain is great, but Bitcoin is NOT, NOT, NOT block-chain, it is just one of millions of different things that will use the block-chain.

HardFacts

Lauren Smith

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This is only true if you bought the same amount each week. Maybe one day you buy too many and the market goes down and that one time costs you. Or the other way stound and you hit it big.

Quote from: dimox on December 01, 2019, 12:01:57 AM

Quote from: TRONTON on November 26, 2019, 03:12:54 AM

Bitcoin has not been confirmed to be in a positive trend, but it is true if we draw the line from the beginning of this year and finally reach $11,000 (long-term holder)

yeah, bitcoin is digital asset, so you will get much profit at the end. we dont know when it is, but its must be profit.
store money in bitcoin is better than the other investment. high chance to multiple your fund, and its easy to get it.

You saying just because bitcoin is a digital asset you will profit in the end? High chance to multiply your earnings and easy? No i don't think so. You have to be careful and play it cool. Just because something is a digital asset doesn't mean it also done well. That's, not a good enough reason.

jets567

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I've seen a lot of post from other members here that plans to buy Bitcoin every month or every time they get their paycheck and for me buying Bitcoin every week is only applicable for those people who have huge funds because for a small investor, even they believe in Bitcoin it is still hard to put their hard earned money every week as they have other important things to spend the money.

fiulpro

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I don't think it's like you have to buy every week because every week when ?
It keeps changing every day every hour and I don't think it is kinda true , it won't be 49% though but approx 30% because let's face it this month and previous month they haven't been good for the bitcoins and the price went down a lot and it also depends on the fact if the person wants to encash or leave so it's Preety much personal.
2019 wasn't so good .

Aikidoka

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That's kinda true, I meant bitcoin's price is increased slowly from the beginning of 2019 till now. So if someone buy consecutively during this year, he's gonna make a decent profit reach the 50%. I hope that's gonna be the same or maybe better profit in the next year 2020. I really made a good profit this year by investing and trading which it's a nice year to be honest. I hope that 2020 will be a great year for bitcoin and even for other cryptocurrencies.

BChydro

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Quote from: pakhitheboss on November 30, 2019, 11:55:47 PM

I was wondering if anyone has been purchasing Bitcoin every month from beginning of 2018 till date. What amount of return you might be getting, I am sure it will be more than 50 percent.

If someone was smart enough to invest in bitcoin whenever the price of bitcoin goes down then he will be able to reap a huge profit, the capital i invested in bitcoin was along the lines of the current price of bitcoin and i made a lot of money and when ever i reinvest right now i am not risking anything as i am just playing smart and i am not at all into short term trading all the time, it all depends upon my mood and timing and how the market situation is. Invest smart and reap your profits and planning when to invest is crucial.

Dr.Osh

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Quote from: pakhitheboss on November 30, 2019, 11:55:47 PM

I was wondering if anyone has been purchasing Bitcoin every month from beginning of 2018 till date. What amount of return you might be getting, I am sure it will be more than 50 percent.

even more so when you have sold it in June 2019, that's even more than 50%. for now, seen from the beginning of 2019, the price of bitcoin has risen by more than 100%. at least the price of $ 3,000 to $ 7,000 is more than 100%. if you buy it every week, it's very profitable. however, it has already passed, now you can do that in the years to come. the potential price could be greater than now.

dimox

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Quote from: TRONTON on November 26, 2019, 03:12:54 AM

Bitcoin has not been confirmed to be in a positive trend, but it is true if we draw the line from the beginning of this year and finally reach $11,000 (long-term holder)

yeah, bitcoin is digital asset, so you will get much profit at the end. we dont know when it is, but its must be profit.
store money in bitcoin is better than the other investment. high chance to multiple your fund, and its easy to get it.

pakhitheboss

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I was wondering if anyone has been purchasing Bitcoin every month from beginning of 2018 till date. What amount of return you might be getting, I am sure it will be more than 50 percent.

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Too bad that I just buy Bitcoin randomly and it isn't even like more than 3 times a week because of my finances from my needs. Well regardless of what happens, our investment will go along the flow anyway from that percentage maybe there's a huge gap in between but in the end, the rate of increase would still be somehow a bit same quantity.

although like that bitcoin price movements cannot be predicted with certainty because when you buy bitcoin in 2019 then it could be that the price of bitcoin falls and goes back to the initial price, bitcoin has such risks so don't be affected by bad news so it will only make you loss because you sell your assets at cheap prices.

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