Buying Bitcoin


jack

Administrator
Staff member
So the system is just buy the dip? :p

Moving to the interactive trading forum.
 

jack

Administrator
Staff member
I donno about bitcoin right now... if you believe in it, be in it, but otherwise it's pretty beat up lately.

 

rod178

Well-Known Member
Some like "the trend is your friend", "do not catch a falling knife", "picking the bottom most often results in smelly fingers" etc etc
 

finnick

Member
I'll be monitoring bitcoin for the next six months and then probably invest, regardless of the price at that time.
 

Zack King

Member
cool. may i ask your personal predictions of bitcoin ? If you don't mind. I know you mentioned you hold XRP and etherum, does that mean you are unlikely to invest in bitcoin this year, if so, may i ask why?
 

jack

Administrator
Staff member
cool. may i ask your personal predictions of bitcoin ? If you don't mind. I know you mentioned you hold XRP and etherum, does that mean you are unlikely to invest in bitcoin this year, if so, may i ask why?
I have no issue with bitcoin but as far as risk assets go I just believe I'll get a better return in other coins.

In the past you'd buy bitcoin to trade out of alt-coins.. but now there's "stable" coins that take up this role (such as TUSD, USDC, PAX, etc..) so I don't see much reason to have bitcoin exposure for now.
 

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