Quote:
Originally Posted by 1_Flames_Fan
So just transferred a couple grand into my coinsquare account to buy bitcoin. Anyone want to offer an educated guess on a good target price to buy at in the next week or so to maximize? Seems like BTC price is all over the place. Any Bitcoin gurus care to weigh in?
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Not particularly educated, but personally, I'd buy 25-50% at whatever price is now to make sure you're in the game and don't feel like your missing out. Then I'd wait a bit to see if it goes one of two ways:
1) If it breaks $50K (USD), I think 55-60 could be achieved pretty quick, so I'd use that as a signal to buy the rest.
2) If it refused to break 50 for a sustained time, I could see it dropping to the low 40s again, or potentially even to the 30s.
Personally, I'd also take about 20% of your investment and put it into Ethereum, as I think there is more room to grow there than in BTC. Also perhaps a bit into ADA, Polkadot, EOS.