Wouldn't try and time it. Just DCA what you are comfortable with.

Sign up, and you'll be able to vote in polls. Sign up

Report problem with this ad

Jan 22, 2021
2:56:51pm

rommeliv Contributor

Wouldn't try and time it. Just DCA what you are comfortable with.

Report problem with this ad

rommeliv

Bio page: rommeliv
Joined: Mar 20, 2010
Last login: May 3, 2024
Total posts: 1,171 (0 FO)

Report problem with this ad

Messages

Author

Time

Just been advised to invest in Bitcoin but I don't know much about it

Sale

1/22/21 2:55pm

Not right now. Wait a couple months.

Mike Honcho

1/22/21 2:56pm

Wouldn't try and time it. Just DCA what you are comfortable with.

rommeliv

1/22/21 2:56pm

I don't think you should invest in anything you don't understand

Hawk Talons

1/22/21 2:56pm

Then nobody should ever invest in anything.

RdF3

1/22/21 2:59pm

Agree, but that doesn't mean DYOR is a bad idea

donnerstag

1/22/21 3:05pm

It’s speculative, not investing in my opinion. You will either see a

1/22/21 2:57pm

My favorite thing is when people say I want to secure my money can I invest in

Cougz19

1/22/21 3:00pm

You only lose money if you sell at a loss

donnerstag

1/22/21 3:03pm

True, but what if you buy at a price point that it never returns to?

1/22/21 3:11pm

There's a chance with any investment that happens

donnerstag

1/22/21 3:17pm

Bitcoin is zero sum speculation, not an investment.

1/22/21 3:01pm

A pump and dump. The greater fool game.

grosven

1/22/21 3:32pm

Maybe so, but institutional acceptance is growing. It's only a matter of time until there is a Bitcoin ETF in America.

No touching

1/22/21 3:41pm

Some advisers will say put 1% of your portfolio into it for diversification

donnerstag

1/22/21 3:01pm

RE: Just been advised to invest in Bitcoin but I don't know much about it

1/22/21 4:24pm

Extremely high risk & speculation. That’s gambling, not investing.

1/22/21 4:50pm

Do it...

CougarBuddy

1/23/21 3:26pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad