Bitcoin Absolutely Moving Up! Time To Buy Or Sell?

I have been investing heavily for the past year in Bitcoin and other Altcoins like Bitcoin Cash, Eth, Dogecoin and Litecoin, what is the reason? Here is why! Every single day I see new videos, articles and information being posted about Bitcoin and how it works, people post news every single day on Youtube about this Asset Class and why people should by or sell, as you know, I like to consider myself a value investor and I have seen for the past couple of years Bitcoin getting cheaper and cheaper, now you may ask yourself, if Bitcoin and the other Crypto’s appear to be losing value, why would you invest in them and this is why.

See, when I invest, I like to take a look a its core value and when people talk about Crypto there is a lot of passion and I see a huge future in it, even though prices appear to continue to go down and down that does not mean that this new Asset is worthless. Imagine if someone showed you a bar of Gold or Silver and the “market” put a price of $1,500 dollars for every ounce, if you knew that at some point the value of that same ounce was priced at double would not you consider buying it? I would.

When it comes to Cryptocurrencies, there is tremendous opportunity and this asset a ton of potential, people continue to talk about it, post videos about it, companies are investing millions of dollars on technology to use Blockchain and to benefit from it and in my opinion, when there is so much virtual value om something there is always the opportunity to benefit from an asset that sooner or later will recover, this is the reason why I have been investing in it.

Now, for some people it can be very intimidating or very complicated but it is actually very easy, there are many platforms out there where you can buy Bitcoin but one way that you can invest in Bitcoin very easily is by using Robinhood’s platform to buy Bitcoin, even though you are not technically buying and selling Bitcoin, you are investing in the value, same way you can invest in gold and oil without having to keep barrels in your back yard, they allow you to buy and sell at the current market prices and profit from the price movements, now as always do your own research and invest carefully since there is always risk when investing in any asset class.

As you can see in the chart above provided by Finviz, the low for this year for BTC has been in the $3,200 dollar range (over $10,000 as of  August 2019), prices are now around $7,000 dollars however if you start today, I do not consider that you are late, here is what I do when I invest in any asset class.

Bitcoin Investing Tips

1. Invest small amounts and start slowly building a position
2. Only invest amounts that you are able to lose
3. Invest with the vision of holding your asset 3, 5 or even 10 years
4. Only buy when the asset drops down 5% or 10% even if the overall price appears to be expensive
5. Do not short or buy options unless you truly know what you are doing
6. Do not invest on margin, ever

There is still a huge opportunity out there for you to invest in a digital asset class that provides plenty of upside of you are smart and discipline with your investment strategy, BTC has been priced at $20k before and if it possible for it to hit $7,000 it is realistic to see a future where it could potentially hit those amounts or even higher.

How can you invest in Bitcoin?

If you would like to learn about investing in Bitcoin and get started feel free to contact me (webmaster@investing4profits.com) and I will be happy to help you get started, it is easy and it does not take a lot of money to start.

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