Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Searing
on 04/12/2019, 18:49:31 UTC
⭐ Merited by JayJuanGee (1)
The current price is looking sooo tempting  Shocked Should I go full in now, or wait for another dip? Or be rational and buy in 2-3-4 portions? Huh This is the question! Huh

Wait.  For sure.

Perhaps wait for sub $3k.

Why would you want to buy now?  There has ONLY been less than a 50% correction from the $13,880 local high.

I'm getting any 'dust' BTC I can now. It is not so much the price of BTC as the fact you are getting BTC before the next halving IMHO.

Thus if these 3 premises are correct, in my view anyway, how I'm approaching this. I also am in full ASIC not big miner anymore withdrawal, so it keeps me busy.

1) HODL'ing is stable and or increasing.

https://bitcoinexchangeguide.com/binance-research-indicates-hodling-bitcoin-is-the-most-effective-strategy-to-increasing-profits/

2) Adoption is stable and increasing.

https://www.cryptopolitan.com/cryptocurrency-and-bitcoin-mass-adoption-is-increasing-in-2019-data-report/

3) Bitcoin halving in 2020. As of today, it is almost exactly 1/2 year away!

https://www.bitcoinblockhalf.com/ 162 days 3hrs and 9 min and 30 seconds as of this post.

Anyway, how I'm approaching this. Smiley

Brad