5 Bitcoin Investment Strategies For Bitcoin Believers Only:
Buy and Hold
For people who believe in blockchain technology and who believe that Bitcoin will continue to be the strongest crypto around, the carry currency of the crypto world, and a buy-and-hold strategy might be the best way to go about things. For people who have such a strong belief in cryptocurrencies, who knows when one might want to make a Bitcoin investment and no matter what, they might indiscriminately buy at any time and hold for a very long time. Those with bitcoin investment strategies are the true investors and believers in the technology and will prosper when the cryptocurrency is around for the long-term and changes the world.
Buy Every 3 to 5% Dip in Price
Some people truly believe in blockchain technology and in Bitcoin but they want a better setup to buy and hold. For these people who believe that the bull market will continue to charge along, buying when the price dips a little bit maybe 3 to 5% will give you a great bitcoin investment strategy and a very good value for your money. Although when buying the price dips a little bit, you are able to quickly make profits as the price goes back up. This puts you in a strong economic and psychological position where you are losing time you put your money on the market which can be a very stressful situation for investors.
Buy Bitcoins After Every Positive News Release
If you have been looking at Bitcoin lately you realize that it trades very positively after good news. People just want to buy and buy and people do not want to be left behind. Many people believe this is the opportunity of the century and that if they aren’t in this market that they are doing themselves a great disservice. This makes it very easy to trade in a bull market because almost every positive news release, major story leak or bitcoin documentary will lead to a surge in price. One good way to trade is to jump behind all this momentum and allow it to carried a price higher and higher as you make money. You can decide to trade is temporarily into taking out your profits or you can use to set up a longer-term position.
Learn How to Buy Breakouts
Learn how to buy breakouts. As we have said the Bitcoin market loves to rally and we have been in a very strong bull market for a long time now. Learning how to properly buy breakouts with bitcoin investment strategies that can position you to take early profits and to jump in front of momentum while not waiting for a news release but by focusing on technical analysis and price action on the chart. This is a very common strategy for the truth of the matter is that most traders and investors do not properly understand how to buy a breakout. One tip that we can give you is that this work money very rarely begins their position at the actual breakout but instead, they tried to jump off of obvious support, putting your money in early, taking a little bit of money off as it reaches resistance and slowly unloading their position as price breaks out. This is what we call the accumulation and distribution cycle.
Buy the Dip/Sell the Rip
For those of us who are more short-term traders, but we still believe in this bull market and we have seen price recover time and time again, a good strategy is to buy every dip and to sell the rip. This basically means that will bind every different price and watch price surges higher we unload our position taking a profit. A strong recommendation for risk-averse cryptocurrency investors is to utilize the services of an automated Bitcoin trading platform such as USI Tech, so you can invest evenly over the high times and the low prices. This is actually something that you can do all day long in the Bitcoin market.