So... Bitcoin. What are you doing?
If you have not noticed, which i'm sure you have. The price of bitcoin has been going down. Currently July 16th 2017 at 3:18 pm the price of Bitcoin on coinbase is $1884.20, down $156 from yesterday. Lowest point being $1790.01 at 5:56 am.
Is this a bye bye bye sign for bitcoin?
Or is this a BUY BUY BUY sign for bitcoin?
My thoughts are to BUY BUY BUY. Do not buy at the current price around $1880 per btc, but to put some alerts on your phone thru the coinbase app to alert you when the price of btc drops. I set mine up to alert me when the price drops below $1751.
Open coinbase app (i'm on android)
Go to Dashboard from the upper left menu.
Then press the notification bell in the upper right.
(Shown below)
Next press the + located on the bottom right.
Then choose a price anywhere from $50 to $150 below current bitcoin (btc) price.
You do not want to put the alert price very much lower than the current price. You can always add another alert once it hits a lower price.
I do check the price of bitcoin often, but i do like that i can have an alert to notify me when it hits a certain price. Example: I would be asleep at 5:56 am when it went low earlier today, but now you can set an alert to wake you.
Remember you do not have to spend the money you want to invest all at once. If you want to spend $1000 then buy $150 here and $200 there. Because it will be that point where you think it will be at its lowest about to shoot up and then it can go lower. Save some investment money to buy when and if it goes lower.
I took time to write this so if you like it take time to leave a real comment. I follow real people.
