When is the best time to buy Bitcoin?

There is a common question that avid Bitcoiners answer multiple times a day and that question is “When is the best time to buy Bitcoin?”

The easy way to answer this is, begin today with “dollar cost averaging”. Dollar-cost averaging simply means buying on a daily, weekly, biweekly or monthly consistent and automated way. The benefit of this approach is that you are not trying to “time the bottom” or “waiting for a dip”…. You are also not in fear thinking “you are buying the top”.

Lots of people get fearful when the price feels low, and people are scared to buy when the price feels high. The advantage of dollar cost averaging is the fact that you are consistently purchasing regardless of price, so as Bitcoin slowly moves upward over time (assuming it follows the same pattern as it has historically long term) you are always adding more to your position regardless of price and you continue to realize the gains and upside long term.

Any questions or if you want to chat, hit me up on twitter or comment on youtube below!