Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
infofront
on 09/04/2019, 19:15:33 UTC
Personally, I agree with you that the block size limit will at some point be increased. Either that comes about, or BTC loses use case after use case to more capable blockchains.

What if it's primary use case is to be digital gold, to be traded primarily between central banks and the BIS?

I was 1 BTC away from my cryptowinter accumulation goal. I'm still holding out hope for a $1,000 discount from here  Tongue

Could happen.  That's not even a 20% drop, and those happen all of the time in bitcoin land.  Maybe a bit greater than 60% odds of happening from here?

But then again, might not happen.

Does it make a big difference to your own holdings or psychology about your holdings?

If you start to get worried that a $1k drop might not happen from this particular price point, then you just buy 1/3 now, 1/3 on a $500 drop and $1/3 on the $1k drop (if it does happen)..

Then at least you have not put too much reliance into something that may or may not happen... .

Psychology. Much like LFC said, I'm comfortable with my amount of bitcoins and just want a nice even number.
By traditional investment standards, I'm actually way too heavy into BTC, but I'm comfortable with it.

You're right, I'll probably just average in for this last BTC.