Cost averaging is probably a good bet. But as over the long term people think it will reach 250k per bitcoin or more when to invest seems a bit lost in the noise for a long term hold.
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Cost averaging is probably a good bet. But as over the long term people think it will reach 250k per bitcoin or more when to invest seems a bit lost in the noise for a long term hold.
Cost averaging is a proven method of buying when the asset acquired is in a long term uptrend.
If BTC reaches the value you mentioned, buying it over the next 3-4 years in increments will make a lot of people very wealthy.
I've following this passive indexing strategy, combined with cost averaging and the new concept in crypto of owning the millionth of supply. It has yielded me great results with managed low risks. Please let me know what you think? https://steemit.com/bitcoin/@cryptoeagle/what-percentage-should-you-invest-in-each-cryptocurrency-to-become-a-millionaire-a-guaranteed-winning-strategy-updated-8-19-2017
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