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Old 04-18-2014, 11:35 AM  
ruff
I have a plan B
 
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Join Date: Aug 2004
Location: Seattle - Miami - St Kitts
Posts: 5,501
Quote:
Originally Posted by PR_Glen View Post
works for you how? in that example you have lost money. If its averaging down why wouldn't you wait until it starts trending up again instead?
You just buy. If you think you can beat the market, then go for it. There are plenty that try. I just buy and let it shake itself out. Besides, it's the other cryptocurrencies that no one talks about on this forum that are traded. That's where the money is. If you know where to look. Two days ago I bought 6000 of a certain coin for one BTC, yesterday the price doubled and I sold half to recoup my investment. My dollar cost averaging for my bitcoin holding worked extremely good in my favor.
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