Is this it? Are we to ever buy a Bitcoin BTC below 7K USD ever again? I am not sure if I am happy about it, since I still have so much FIAT I want to convert to crypto in future earnings. Well, if it's time, rise BTC!
Eat my words! 6200 USD for 1 BTC at the moment. Are we going for a new low for this year? BCH is cheaper by approx 5-7% if you hold BTC (but the gap is closing). Only 219B market cap!
I would rather hold fiat over BTC. BTC is junk. BCH however I can spend with practically no fee. So I would rather Hodl that.
In hindsight I would have held my FIAT in 2018 over any cryptocurrency so far this year, but I am in it for the long term (years). I like BCH more than BTC for spending and earning.
You can always dollar cost average every month regardless of the price swings in the short term.
It seems my chance is coming up, once again. One more time! Down we go!
If you buy more than you can afford to hold in case of unforeseen expenses, you may be forced to sell a portion at a loss compared to just accumulating over time.
Exactly why I say future earnings (steady accumulation), as I invest very decisively and always keeps investments separated from actual cash savings for the still current FIAT reality.
