 My strategy for purchasing Bitcoins and thus including Bitcoins in my overall portfolio is completely the same with how I buy shares. I use the dollar cost averaging method, which means that I queue Bitcoins once a month or every 14 days and transfer them to a Wallet, where they are allowed to stay. I'm not aiming at the time market in Bitcoins like I do not believe I can do it with shares. I am therefore in an accumulation phase when it comes to Bitcoin, and I'm just looking for continuous additions to my portfolio on a disciplined basis. The price of Bitcoin is relatively volatile so it takes a little ice in the stomach to have it as part of one's portfolio. I aim to have up to 5% of my total portfolio in Bitcoin, exactly how much I'm not entirely sure.
author | macbaren |
---|---|
permlink | strategy-for-the-purchase-of-bitcoins |
category | cryptocurrency |
json_metadata | {"tags":["cryptocurrency","bitcoin","crypto","steem","ethereum"],"image":["https://steemitimages.com/DQmZyKBLu21pLQphsMoEwcmdaKcm1bQUcwWTcEgpbmp23Ze/Udklip2.JPG"],"app":"steemit/0.1","format":"markdown"} |
created | 2017-07-13 10:50:09 |
last_update | 2017-07-13 10:50:09 |
depth | 0 |
children | 2 |
last_payout | 2017-07-20 10:50:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.092 HBD |
curator_payout_value | 0.019 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 868 |
author_reputation | 10,648,504,250,977 |
root_title | "Strategy for the purchase of Bitcoins" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 8,327,002 |
net_rshares | 27,787,235,909 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
macbaren | 0 | 1,084,954,184 | 100% | ||
jamerican-js | 0 | 22,003,060,426 | 100% | ||
teddifer | 0 | 2,455,140,003 | 100% | ||
bluntendo | 0 | 688,886,226 | 100% | ||
floridasnail | 0 | 1,555,195,070 | 100% |
Awesone tip but I use Coinbase.
author | bluntendo |
---|---|
permlink | re-macbaren-strategy-for-the-purchase-of-bitcoins-20170713t130344160z |
category | cryptocurrency |
json_metadata | {"tags":["cryptocurrency"],"app":"steemit/0.1"} |
created | 2017-07-13 13:03:42 |
last_update | 2017-07-13 13:03:42 |
depth | 1 |
children | 0 |
last_payout | 2017-07-20 13:03:42 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 31 |
author_reputation | -92,883,622,384 |
root_title | "Strategy for the purchase of Bitcoins" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 8,338,007 |
net_rshares | 1,040,367,026 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
macbaren | 0 | 1,040,367,026 | 100% |
Very intelligent strategy. Definitely not easy for equities OR Bitcoin! ;) Good luck to you.
author | teddifer |
---|---|
permlink | re-macbaren-strategy-for-the-purchase-of-bitcoins-20170713t160304229z |
category | cryptocurrency |
json_metadata | {"tags":["cryptocurrency"],"app":"steemit/0.1"} |
created | 2017-07-13 16:03:06 |
last_update | 2017-07-13 16:03:06 |
depth | 1 |
children | 0 |
last_payout | 2017-07-20 16:03:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 93 |
author_reputation | 25,921,380,853 |
root_title | "Strategy for the purchase of Bitcoins" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 8,355,441 |
net_rshares | 1,062,660,605 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
macbaren | 0 | 1,062,660,605 | 100% |