/biz/ - Business & Finance

[Anonymous No.7425386]

Guys, I'm really confused here. I'm sitting on around 35k USD that I want to invest. I know exactly which coins and how I want to split the investment, but I cant figure out whether now is a good time to buy in or not. Are we going lower than this or am I gonna wake up to 10k BTC tomorrow?

[Anonymous No.7425667]

Buy yesterday. Sell in 2 years
you are not welcome here

[Anonymous No.7425677]

you have to cost average meaning you buy some today some tommorrow some after a week ... and this way you dont buy at the top or at the bottom.But since we really dont have any bad news coming i dont think u will see BTC at 6k again.

[Anonymous No.7425731]

inb4 the faggot with the his tullip chart comes in and tells u its going to 0 BTC

[Anonymous No.7425940]

>>7425386
bump pls

[DarkTrip !nNThBA7CKU No.7425986]

BUY ETH/BTC now

Come back in Oct/Nov

Simples

>"cant fugure out wherether now is good time"
you. dense. pleb.
BUY

[Anonymous No.7426000]

DIP IS OVER MOONING NOW
STRAP IN

[Anonymous No.7426029]

>I'm not psychic and can't predict the bottom but I know what I want to buy
So buy in daily or weekly tranches.

[Anonymous No.7426060]

Same situation here except that my money was stuck in transit during the 6k dip.

>>7425677
This. Average over a week or so.

[Anonymous No.7426071]

if you want to 'invest' you don't buy crypto to begin with

[Anonymous No.7426177]

FUN op quick the fud couldn't keep it down check em

[Anonymous No.7426390]

>>7425386
If you reallly don't know what you're doing, open a trading account, and buy like 1000$ worth of healthy index funds every month. And none of that leveraged inverse shit.

If you wanna make things interesting, do the same thing with Bitcoin.

Have a rule set in place for what you do if something drops below 20% and STICK WITH IT. Do you cut losses or double down?

And concerning your question about "is right now a good time?" that's why you only do like 1k at a time, instead of throwing 35k all at once.

[Anonymous No.7426439]

dys

[Anonymous No.7426464]

>>7425386
It can't be over bud. Definitely can't. A lot of people got hurt and we cant take that away. We are going to 3k.
My bet is 4.8k by weekend.

[Anonymous No.7426476]

>>7425386
buy the dip
dollar cost average
no one has a crystal ball

[Anonymous No.7426482]

>>7426390
>Have a rule set in place for what you do if something drops below 20% and STICK WITH IT. Do you cut losses or double down?
I can tell you're a boomer. Don't give shit advice.

[Anonymous No.7426660]

>>7425386
time in the market beats timing the market
everything is cheap compared to ATH, you'll probably make a profit if you don't go into scam coins
i get you wanna buy in as cheap as possible

if you can't decide, dollar cost average
buy in a fixed amount today, some tomorrow, the day after that, etc

[Anonymous No.7426702]

>>7426482
haha thanks dude i'm 26

i didn't say SELL AT -20% or BUY MORE AT -20%.

i simply said, have a game plan, have discipline, know what you're doing, and don't be an irrational dumbass when trading.

sorry if that's too hard for you to understand famalam

[Anonymous No.7426769]

>>7426702
>you're a boomer
>No I'm 26
For fucks sake get the fuck out

[Anonymous No.7426880]

>>7426769
Excellent point, my guy. Thanks for the insightful contribution to our discussion.

[Anonymous No.7427149]

>>7426177
Checked

[Anonymous No.7427429]

>>7425386
>but I cant figure out whether now is a good time
A fool and his money are soon parted.

[Anonymous No.7427529]

you shouldn't be on biz of all places for 35k investment in the first place. That's where you went wrong already. Do yourself a favour and read up decently first or invest in something more stable.

[Anonymous No.7427708]

>>7425386
Buy now

[Anonymous No.7427779]

If you invest 35k into crypto you are a fucking idiot and will end up poor like the rest of /biz/ stick to wall street.