Author Topic: I can't stop looking at the price of Bitcoin  (Read 8 times)

Offline Talk Merit

I can't stop looking at the price of Bitcoin
« on: July 12, 2018, 12:45:11 PM »
I've got some dollars sitting in a domain name sales account, and I can withdraw those in Bitcoin. It usually takes two or three days for the coins to arrive, and the exchange rate is pretty good with no fees. It probably takes up to three days because they batch the payments to reduce costs. Obviously I want to get as many coins for my dollars as I can, so I have to guess the short term price movement over the next week or so. Every time I think I'll claim the money, the graphs seem to show that Bitcoin is still in a bear market. I think the price will be substantially higher at the end of the year, but I keep trying to optimise the purchase. I'm coming to the conclusion that I should just claim the coins, and ignore any further drop in the price.

Offline Baronets

Re: I can't stop looking at the price of Bitcoin
« Reply #1 on: July 12, 2018, 01:37:56 PM »
I was going to grab some Bitcoin, but I've just watched this video by Karl from The Moon -

He is saying that although the fundamentals are bullish, we still seem to be in a bear pattern. I think I'll hold off until Monday.