Bitcoin depreciation and math fail

I buy my bitcoins off coin base and as you know it takes a few days to arrive for use. A little over a week ago I bought 2 for 260 a coin and made my purchase when it was valued at 230 a coin. Anyways what I realized that what I thought I was spending 330 worth of product I actually spent 375 because of the depreciation. (including all fees and such) I know I don't have much control over the BTC market but now I will take that I to factor when I make my purchases

Tl;Dr buy low sell high


Comments


[2 Points] Stonedthrowaway16:

This is what pisses me off about Coinbase. (I'm also stuck going through them), and I believe it can be solved by adding a credit card to enable instant buys ( credit card acts as a fallback measure).


[1 Points] rappercake:

If you knew how to time the market then you'e be a billionaire. Whenever you buy bitcoin it's usually called speculation, which means you're looking to make money (not automatically use it as currency like USD)


[1 Points] hksupport:

That's certainly frustrating, but think of it as a moderate tax for the safety and simplicity of using the darknet markets. Also, the more people use bitcoin as a currency rather than a speculation vehicle, the more smooth those bumps should become. Just imagine: you're doing the entire bitcoin community a favor when you buy from the darknet markets!