I am not really particular with this strategy but I like how it works so I am thinking in using this kind of strategy even if I will just buy a small amount every week.

But I am wondering if this strategy will still be effective this year so we can still profit even if small as long as we are positive in our investment at the end. I can see the movement of btc as most of the big investors are favoring bitcoin over other currencies.

You are not really thinking about how this strategy works on the long term, if you are trying to do this for a few weeks or months then you are right but if you do this for years and you invest in a good asset then you will earn money, it is known that the two most important factors when it comes to saving and investing are to begin as early as possible and to do it consistently, and if you follow that strategy not only with bitcoin but any asset you may like then you will get positive results.

No one has banned investing in Bitcoin every week, the problem is that there is not always money to invest not only in Bitcoin, but in crypto in general.

sometimes investing in stages can be utilized when market conditions decline, but must have a lot of capital. the most difficult thing is when the investment is done in full once, when the capital runs out frustration can occur, and therefore investment techniques can be used as a reference for last year and maybe this year too.

One way or another, the author describes a situation in which an investor who will invest in Bitcoin every week for a year will still be in a very difficult situation, until the cryptocurrency market shows good results.  Only if Bitcoin raises its price, then these investments will bring a certain result.  But if we talk about purchases throughout the year, then it is better to follow the Bitcoin exchange rate and use price fluctuations to buy and sell on time and have income on the difference in bitcoin price.

It's not likely that Bitcoin will go very far down now. It may go down a little bit more. It's more likely to go up within the next few years.

If you bought Bitcoin at any date in the past beyond 3 or 4 years ago, you'd be up.

Buying at the bottom?

Sounds totally brilliant. Why isn't everyone doing that?

Maybe because the bottom is only clear months or years after it happened. That's the whole point of this thread. Sometimes you'll pay more than you'd like, other times you'll pay so much less you'll start to question why you're doing it.

In the end the chances of your having done better than some twat who thought they were a trading god and pissed it all up against the wall holding on for prices that never came or betting everything on movements that went against them are rather high.

That's the investment plan in my head. It makes very sense to constantly get bitcoin. I think someone who invests like this makes a profit. At least the damage is very low. Also an investment plan that is not too tiring. I can try that.

If we go to buy at bottoms and sell on peaks, it is worth to note, that with bottoms in cryptocurrency news we see panic ("bitcoin is dead/is it a dead cat bounce?") and on peaks total hype (remember when in December 2017 even on a breakfast TV those celebrities were speaking how wonderful BTC is). Of course it would not give you 100% chance to find when exactly the bottom/peak is reached, but you can find out when it is close.

And everyone is looking desperately for those altcoins and yet very few people find them, just realize that you are taking a huge risk when you invest in those coins and most likely you are not realizing the full extent of the risk you took and while it is true that if you select the right coin you can make a lot of money the chances that you are going to do it are less than 1% and with those kind of chances it is preferable to invest in bitcoin instead of those altcoins.