You will see many news stories covering this from various angles.
The funny thing about this is that the volatility actually works to create the investment opportunity.
But the volatility means risk, and not everyone is willing to handle that.
So, the hard part of investing in Bitcoin is figuring out what you want your strategy to be.
This appears one of the most popular approaches investors take with Bitcoin.
This is almost a fear-based approach that is optimized to avoid any of the big missteps.
The basic idea is you think Bitcoin is a winner, so you hold Bitcoin.
Since then, it has caught on as an explanation for someones long-term investment strategy.
There are invariably going to be drops in the price, and that is when you buy the currency.
This isreferred to as dollar cost averagingand can apply to any investment.
The money doesnt come from nowhere.
Trading is a high-risk, high-reward way to handle your cryptocurrency investments.
Conclusion
No one knows the exact time which is appropriate for buying cryptocurrency as volatile as Bitcoin.
It is now up to you to determine which method is the most suited to your particular needs.
This would be closer to a day trading version of buying the dip.
source: www.techworm.net
