| json_metadata | "{"app":"musing/1.1","appTags":["bitcoin","cryptocurrency","blockchain","musing"],"appCategory":"bitcoin","appTitle":"Is currently the Right Time to Buy Bitcoin? ?","appBody":"<p>I think it is a pretty decent time to buy some. Ideally you would have bought some a month or so ago when the price was down around $5000. I took advantage of that price and I am very happy I did. </p>\n<p>Really, the best thing you can do is setup a plan to average out your buying. That way you don't have to worry about whether you bought at the right time or not. As long as you are going to hold onto it for a while and wait for the price to rise, you won't be in a bad position. </p>\n<p>A lot of this is going to be determine by where you live and how much you are going to invest. For example, lets say you have $300 that you are going to invest. It might make sense to just take $10 a day and buy some BTC with it. That way you are averaging your buying over all of the ups and downs of the month. The problem with that is if you live in someplace like the US that has pretty steep fees through tools like Coinbase, that $10 is probably only going to buy you about $6 worth of BTC. </p>\n<p>The biggest thing you have to remember is you need to hold onto it for the long term and not have any knee jerk reactions and sell it at the wrong time. You should set a goal in your head about where you want to see it and how much you would be okay to sell it for. I am not a financial expert, but that is the best advice I can give you.</p>","appDepth":2,"appParentPermlink":"pkehdthsp","appParentAuthor":"rachman-jr25","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
|---|
hiveblocks