If you bought in July, you've doubled your money since then.
If you bought in April, you only broke even in the past couple of days.
It's very much about timing the market.
If you bought in April, you only broke even in the past couple of days.
It's very much about timing the market.
I disagree with you there:
a) it's *always* about timing the market, whatever the investment may be: because in the end, you die.
b) on a wide enough moving average window (i.e. if your investment horizon is long term enough), and if you only look at the technical analysis pov (like many are wont to do) and ignore the politics/value conversations, BTCUSD feels like quite a reasonable bet to take.
c) had you DCA'd Bitcoin - say $50 / month - since - say - 2013, you'd be sitting *very* pretty right now.