It's official. Today, I added .05 btc to my holdings, and I'm officially back to owning just over one bitcoin.
And you know what? I'm not stopping. I believe in this.
Thanks for being a great community.
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It's official. Today, I added .05 btc to my holdings, and I'm officially back to owning just over one bitcoin.
And you know what? I'm not stopping. I believe in this.
Thanks for being a great community.
Thought some of you might appreciate this.
So for context I’m pretty new to crypto and BTC. This is my first bull run. I was vaguely aware but not interested back in 2016-2017. Now I’m fascinated. Learning about cryptocurrency and the possibilities for broader decentralized networks is one of the most important ideas out there right now for modern society (imo).
So anyways, while on this sub I’ve obviously come across countless comments and posters who casually state that they DCA while replying to another post, comment, or whatever.
I’m always like “yeah that’s a good strategy, but if just time it right surely I can buy bigger quantities when it drops.”
Okay fine, this is always possible, and buying the dip is a good idea. However I’ve recently come to realize (in a more serious way I guess) how inefficient it is to try and wait for dips. The shit is up, and then it’s down. You think it’s going to go down, then it goes up. Then you buy and it drop 15% overnight.
So all of this is to say that you DCA folks are doing it right. I’ll be taking your wisdom and applying it to my situation. Feel free to share your experiences, stories, etc. for whatever you find relevant or entertaining here.
Cheers
I am curious about the community's thoughts on tether (USDT) bringing down BTC.
See the first 25 mins of this video for an outline: https://youtu.be/qzDjJ-SrojY
If BTC's price goes down drastically, it'll bring many smaller coins down with it, probably including BCH. I am trying to figure out how I can stay invested in crypto without being too exposed to this potential collapse. The only thing that occurs to me is moving investments to another stablecoin (USDC maybe?).
For the sake of discussion let's assume that the USDT ponzi scheme collapse will actually happen .
Maybe this question is premature, as perhaps there needs to be more adoption first, but are there good tools for merchants to do risk assessment for 0-conf payments with BCH?