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RE: Bitcoin (BTC) Evening Update: Critical Support Juncture Approaches
Spread, spread, spread your buy inns and be patient. It's better to buy too late at the start of a bull market then to buy too early in a bearish one!
good advice - the problem is deciding how low to set buy orders !
Well the biggest potential downside to spreading your buy ins or "Dollar Cost Averaging" is that a bull market might never happen again lol. That is the obvious potential danger that people need to take into account, and not just put the blinders on and say Bitcoin will 100% go up over the long-term! It might, but it also very well might not ever go up again.