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The Bitcoin market has been one that has been quite an uncertain investment for many from the wider general public. In fact, many have thought that due to them not being educated on the Bitcoin market that it is best to stay away from due to the high-risk high reward strategy it poses. Many compare trading in small timeframes, especially in crypto currency like Bitcoin has a very similar feel to gambling.
It is worth it.
Basically Bitcoin has a four year cycle. The mined supply is reduced by 50% every four years. The third halving just happened in May. If we look at historical price data, we can state that insane bull runs start a few weeks/months after these halvings. pic.twitter.com/MGgtGxy74g
— ₿it Harington (@bitharington) August 3, 2020
If Bitcoin is too much of s large risk for you, and you prefer small scale gambling, there are loads of high quality live online casinos, with the best sign up offers on the market, like some at Max Casinos. Not only do they offer great sign up offers, but only one of the unique sites in which isn’t restricted by the likes of Gamstop and therefore has seen a surge in punters migrating over to Max Casinos and being able to challenge themselves to win big.
When it comes to investing into Bitcoin, many are worried about the fluctuating price and believe that they will be losing quick money over days and weeks rather than months and years. However, although there is always that worry about the gamble, we believe that if some sort of strategy can be used to ensure you are spreading your money then the chance of big losses is minimised. For example, say you want to buy Bitcoin at its current price at the time of this writing, approximately £10,000. Well, if you’re worried that Bitcoin may only be worth £9,000 next week, then you could invest a fifth of what you plan on investing now, then plan to invest another fifth next week, then another fifth the week after, until you’ve ultimately bought in your entire planned investment at five different set times for five different prices. What this does is lessens the chance of the big loss, and the exposure of buying all at one price and therefore will average out your Bitcoin win/loss instead of potentially winning big or losing.
[Image: India TV News]
