Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Greetings fellow Wall Observers.
I found myself with some extra cash, and want to get more bitcoin with it. My problem is for a couple days now I think Ill just wait for a dip,.. but nothing considerable ever comes, even on Sunday. I was hoping for $7,800, then $8,200, then $8,800
Now Im starting to feel like I should just FOMO buy. However, in the past whenever Ive done that, the dip happens right after I buy.
So
It doesnt seem like I should wait much longer, but should I? What is a good target price I should try to buy at? Today? Tomorrow? Help? Thanks in advance
I found myself with some extra cash, and want to get more bitcoin with it. My problem is for a couple days now I think Ill just wait for a dip,.. but nothing considerable ever comes, even on Sunday. I was hoping for $7,800, then $8,200, then $8,800
Now Im starting to feel like I should just FOMO buy. However, in the past whenever Ive done that, the dip happens right after I buy.
So
It doesnt seem like I should wait much longer, but should I? What is a good target price I should try to buy at? Today? Tomorrow? Help? Thanks in advance
Noone knows... maybe split your purchase and DCA it over the next few days/weeks?
I do think a dip is due.... but it could well come way after $10K or just now.
At the very least, put your limit buy orders at the price you think it could dip already otherwise you may miss it... shit is bouncy lately.
I thought we dip at $6k, then dip at $7k, then dip at $8k. Now I'm thinking $10k, but if the bull run continues there may be no dip until far above $10k. The honeybadger often does the unexpected. It's anyone's guess what will happen next.