JayJuanGee
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How much alt coin diversification is needed? 0%?


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February 27, 2016, 01:05:22 AM

the price is pretty stable right now, im wondering if it will stay like that for a while, im looking to buy some bitcoins but honestly i dont have the courage to do that now


There's really no such thing as stable in bitcoin... even though peeples seem to like to throw that word around.

Really, if you are not sure, and you think prices could go up or they could go down, then you should figure out the amount that you are considering investing, and then divide it up into portions that you could invest some portion of that now, and then additional portions if the price goes down (at certain triggering points). 

If you do not have any bitcoins, and you choose to not invest any at all at this point, then that would logically signify that you believe 100% that the price is going to go down, and based on your above text, it already appears that you are not 100% convinced, and you should therefore invest a little bit right now in accordance with your actual view and your risk tolerance.   

No need to get greedy, just invest sensibly to the best of the information now available to you in order that you are prepared for the price to go in either direction in accordance with your risk tolerance and your view of probabilities.



It's called an attempt at a substantive response to a post.

Maybe you should try it sometime?