RE: Lessons Learned from Early Bitcoin Investors

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Lessons Learned from Early Bitcoin Investors

in bitcoin •  7 years ago  (edited)

I agree. Me personally, I do regret not selling more when the price went close to $20,000. I could have bought back in now or last week. As we all know, it is difficult to time the market, but it was pretty obvious when the price was going up $1,000 within an hour at time. Basically, my strategy is to dollar cost average. I put in a certain amount a month. But when the price goes high, I take some profit to try to regain my initial investment. That way, I can play with house money. However, I'm not sure if BTC will go the way of AOL. Nonethless, I'm in it for the long run because I believe in the technology and what it stands for. However, I also like ETH. Both projects have scaling problems. For that reason, I'm really interested in EOS with it's use of DPoS.

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