I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.
It is definitely a plan that will work and since you have accumulated that amount of bitcoin for a long time I am sure you are not going to have any problem holding your coins unlike many members here, just remember to make an effort and remain constant, it is very easy to think the price will remain like this forever but when it begins to skyrocket again you want to have as much bitcoin as possible because it is likely the next time the bull run comes we will shatter the previous all time high.