$BTC The Bitcoin market is like the sea – there are calm days and stormy days. Here are some simple strategies that some use when thinking about buying or selling:
"Wait for the opportunity" strategy (for buyers):
- Watch for the price to "drop":
Some wait for the moment when it reaches its lowest point (or close to it) during a given period and only then buy. It's a bit like waiting for a sale on your favorite toy in the store.
- Buy little by little:
Instead of spending all your money at once, buy small amounts of Bitcoin at various times when the price seems attractive. This averages out the purchase price. It's like buying one crayon from a box when they are on sale, instead of the whole pack at once.