Critical Report on Bitcoin value, Projected Value and Buying Strategy


Critical Report on Bitcoin value, Projected Value and Buying Strategy

11/29/2017

With Bitcoin flirting with $11,000 per coin you may finally have realized it's no different buying Bitcoin now then it was buying it a year ago or two years ago or any other time for that matter. Sure, the growth has been logarithmic but that doesn't mean it's too late to enter the market. Basically it just keeps headed up. The best thing you can do for yourself as far as timing is to wait for a pull back up around 3%. If you do that you're likely to gain back your 3% in short order.

Now once you have obtained your Bitcoin you surely would want a contingency plan and the case that Bitcoin goes down more than 10% in a day or two. If this happens, get ready to pull the trigger. By this I mean you need to be ready, with a full clip of ammunition. It's buying time. Spend everything you have put aside because the time to re-up is now. Dilute your existing Bitcoin Holdings with as much as you can possibly purchase. You need to be aware of where you think the bottom is and then buy it.

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Don't beat yourself up if you missed the bottom. These things are not easy to predict at all. Just know that in a very short amount of time, I'm talking less than a few weeks, your Bitcoin asset value will be much more valuable than you could have ever expected. I've seen this trend for years and years and years now and have made plenty of money off of these simple pointers aforementioned.

Coinbase has partnered with TD Ameritrade and now you can include your cryptocurrency portfolio associated with coinbase in your TD Ameritrade trading account. Your account with Ameritrade will reflect the value of your commodities in coinbase. This will give you the ability to manage everything in one place and also trade on the margins from your cryptocurrency commodities. If you have a margins Trading account with them your cryptocurrency Holdings will serve as a 200% increase in your stock buying power. This leveraging ability is how people make the big bucks. Just make sure you invest in something reasonable like Amazon, Facebook, Google, or just a reasonable Index Fund like one from the Vanguard or Black Rock.

Today John Mcafee said Bitcoin will be over a million dollars per coin by the year 2020.


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1 comment:

  1. If the price of bitcoin falls, this could also be a great time to buy. This means that you buy at a low price and make a profit even if the price goes up a little. Large investments are always risky, so refrain from buying when the price is high. I also use leveraged crypto a lot. Another important rule is to watch the market for a while before investing in understanding how the market fluctuates.

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