Cryptocurrency

[AtW]

Gosh your thick - I buy more, it's called 'dollar cost averaging'. Look it up.

If you keep buying then how come you’ve got only 3 transactions?

[greenlake]

If you keep buying then how come you’ve got only 3 transactions?

[jamesbrown]

Gosh your thick

Irony incoming...

[scooterscot]

I'm sensing a lot of folks here walked into the market at an all time high. Be patient. Whatever you do don't sell.

[scooterscot]

If you keep buying then how come you’ve got only 3 transactions?

Trades are not the same as transactions. Trade = The action buying and selling.

[AtW]

Trades are not the same as transactions. Trade = The action buying and selling.

What kind of "transactions" have you run then, TulipA for TulipB?

[Cirrus]

The only way is ... down

walked into the market at an all time high.

Freudian slip there, Scooter

[northernladuk]

I'm sensing a lot of folks here walked into the market at an all time high. Be patient. Whatever you do don't sell.

And you say you don't give advice?

[Hobosapien]

Bitcoin about to be pwned by the Chinese due to mining no longer being profitable?

Will the mining difficulty automatically reduce due to the falling hash rate as other nation based miners turn off their rigs?

The further BTC falls the cheaper it becomes to pound cost average for those that bought in earlier in the year.

As long as the fundamentals persist (BTC never been hacked directly, still less then 21 million coins available ever, still number 1 in the public consciousness for cryptocurrency despite its current relative lack of practicality as a currency compared to other cryptos) then same reason for accumulating BTC one way or another still applies.

It's a gamble but so is any other asset class that is also looking peaky and likely to encounter bad weather on the horizon.

[VirtualMonkey]

Investment for me is and always has been less than I can afford to lose.
Just keep trading, just keep trading
When I saw the posts about Scooter's trade volumes the other day I check mine...Can't do trade volumes as such (not easily anyway) but order volume is about 450 for the last 12 months. There are always at least 2 orders per trade so I would conservatively say I've done 150 trades over the last 12 months.
Earlier trades were not always successful but my success rate is far higher these days.