So, im a few bucks short of an order and wanted to know the best time to buy BC is when its at its lowest point.
if I buy £200 worth of BC and add it to my DNM wallet, does the fluctuation stay stagnant on the markets ?
Can you gain from coins sitting in the DNM wallet ? only talking small amounts due to the BC fluctuation.
ive heard of people ordering in escrow, waiting till the BTC falls and then re-order pretty shitty thing to do unless your like satoshi short. but my coins are still in the wallet, not purchased anything. can I still gain a few quid ?
if something was £200 but BTC prices were dropping, would I still pay £200? assuming the £200 is already purchased.
The only way I could make/lose profit is if I keep the coins in a wallet like LBC ? or withdraw the £200 in my DNM back to LBC and gain a profit ?
Im trying out a few IOS Bitcoin trackers etc, some seem way too advanced, all I want is a graph chart showing the best times to buy BC and with LBC if possible.
The markets regularly update BTC price. So if the Pound rises relative to BTC, it doesn't matter where your coins are, you will more 'purchasing power' in pounds.
Vendors set a price in a fiat currency (dollars, euros pounds, whatever) and the BTC you pay for the product is what fluctuates.
as far as best times, I don't think anyone can credibly answer that. I read an article the other day about a 'seasonal slump' in BTC. But so far as "the best hour is when China goes to sleep and the east coast of the US is waking up" that seems bogus and too difficult to predict.
Honestly. If your item you want to buy is priced at £200. Buy £210 worth of BTC. You'll have a bit of change to; 1. Save for next order 2. Donate to tor project or erowid (see side bar) 3. Spend on r/girlsgonebitcoin or whatever that sub is.