Re:Ask HN: When is a good time to invest in Bitcoin
by tehsnitch on Friday May 22, 2020 @10:00PM
(#23279151)
Follow the sane advice and dollar cost average - set aside a small amount each week, say $50, and use that to buy btc no matter what the price is. Have a plan to hold the coin for a certain amount of time say 2 years or when it reaches a certain price threshold say $20k.
This way you are getting some exposure, with greatly reduced risk compared to dropping the whole lot in at once.
https://www.blockchaincenter.net/bitcoin-rainbow-chart/ https://bitcoineconomics.io/beam.html
Or you can use a stock-to-flow model and buy when the price is below the model's prediction:
https://digitalik.net/btc/