I just bought $100 worth of Bitcoin - my first purchase.

I bought through Coinbase.

 

BTC uptrend started in Sept 2020 (or Mar 2020).

Question :
Can traders bring home the bacon
every month/quarter buying bitcoin at this price?


there are quite a few news about traders traveling
around the world after earning tons of money from
buying BTC.

All the best mister.

 

Congratulations, altho it would have been nicer if you got it earlier before the peak.

 

Absolutely. You're coming in near an all time high. I'm sitting on the sidelines waiting to buy the next correction

 

Agree. There is room for another dip and peak, I think.

 

Absolutely agree with you. Always be safe than be sorry

 

If for short time frame place a stop or for a long term hold just do something like this...

 

There are 2 ways to trade.

One way is to enter when the trend starts.
ie you enter early.
Of course, there might be false signals.

Another way is to wait for it to break record high (like 20000
for this case ) / break year high.
But then the entry might be too late.

 

If price goes up, you're good, if price goes down your're good, if price stays sideways, you're good again! You must be the best trader on ET!

 

Bitcoin dropped 2% during the last hour - so far I like this market as much as the equity options.