Nobody can time the market. Not even in Bitcoin markets. But what can be timed is our investments. With Bitcoin’s price rise and fall being one that cannot be adequately predicted, we should focus on what we can control. We can’t control Bitcoin’s price, but we can control when we choose to buy it. We’ve...Read More
This is the final part of a three-part look at a monthly dollar-cost averaging strategy. In the first part, we discussed the idea and saw which three months gave the worst returns using this method. In the second part, we saw which months gave meh or flat returns, which also underlined the lack of volatility...Read More
In this final article of the three-part look at Bitcoin in bearish-2018, we look at which investing period gives you the least loss. The reason for looking at such a pessimistic year while the market is on a bull-run currently is to bring some perspective. Let’s do a quick recap before the summary. Firstly, we...Read More
In a bull market, everything is good. With Bitcoin climbing to new highs every month, no matter which indicator, analysis, data-point you look at, everything will tell you to buy or hold. But, what if the markets weren’t so bullish? At the time of writing, Bitcoin was trading at a level a little over $16,000,...Read More
The cryptocurrency world is full of ‘ifs.’ For instance, if you would’ve bought Bitcoin 10 years ago, you would’ve been a millionaire now. The problem with statements like these is that they are based on probabilities, which, let’s be real, never come true. While you were certainly not thinking about an obscure internet currency in...Read More
In the previous article, we laid down the premise. In this article, we’ll be diving further to better understand when you should buy Bitcoin. To reiterate, we’re looking at how often should you buy Bitcoin, based on a series of periodic moving averages. We’ve already looked at the 200-day moving average (DMA), and now we’ll...Read More
When should you buy Bitcoin? The default answer to that should be every day, irrespective of the price, as the simple dollar-cost average (DCA) strategy goes. But, lets be honest, nobody really does that? Why? Because its too simple. Instead, people look at a host of different technical, on-chain and macro-economic indicators. Bitcoin, due to...Read More
In the prequel to this article we tried building a simple Bitcoin buying strategy, and in this post, we attempt to scale it further. But before that, let’s recap. Our strategy entailed only buying Bitcoin based on one trigger, the 200-day moving average (DMA). If the daily trading price crossed over the 200 DMA, we’d...Read More
Everyone has their own Bitcoin buying strategy. Some look at simple things like a particular drop in price, others look at a host of wonky indicators, while some prefer to keep it simple and keep stacking sats. Which strategy works out to be the best though? Well, in short, there is no one perfect strategy....Read More
Let’s face it, no one wants to buy Bitcoin. Let me explain. What I mean is, no one wants to buy Bitcoin at its current price, whatever its price may be. We always tell ourselves, “maybe tomorrow it will have fallen some more, and then I’ll buy it.” And oftentimes, tomorrow doesn’t come. However, some...Read More