bilalabes

History repeating itself ? lets see :)

BITFINEX:BTCUSD   Bitcoin
1st thing this is a study and not financial advise .... and my only post on TV as i am not a pro trader ..... i am investing in bitcoin for long term... and want to fond the best time to buy/add.

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ALL on graph. green thumps marks the best buying points in 2014/15.
price ranges comparison colored the same.
date range for comparing the bottom of 2014/15.
simple comparison of the current BTC bear trend along with 2014-2015. Lets see how it plays.
if the above study is invalidated and we go lower ; next strong buy will be around 1000-1200 which offers an excellent chance for buying more.
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NO ONE knows where BTC is heading (0 or 100K) or where is the bottom of it. the best to do (as investor) is to set a plan and execute according it.
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bitcoin needs to go down, pretend dead ... etc , that would be to remove all the leeches on its body and gain strength (dominance) back again.
bitcoin is not a crypto-currency it is DIFFERENT and a very strong candidate as a store of value. not to buy a coffee with it.
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long term investing formula i use
(not to buy more than someone affords to lose) + patience + plan when to buy = healthy approach in investing as a strong hand.

be safe.

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