Quote from: UnDerDoG81 on Today at 04:32:06 PM

Quote from: JayJuanGee on Today at 04:00:00 PM

Quote from: UnDerDoG81 on Today at 02:24:17 PM

Quote from: free-bit.co.in on Today at 11:42:06 AM

I'm in big dilemma now, should I buy back now? Or go 50% in now and next 50% in if we touch $40k-$41k? Got $20k on hands now from selling on $55k-$56k (didn't sell all my stash to be clear).

Sold at 57.5k and panic bought back at 47k. I am still very happy about that. So no matter what level you buy, you be in huge profit. I think we are close to deeper pain stage. So the uptrend should not be far away. But guess we have to go sub or close to 40k before up.

I am having difficulties considering $43k-ish as "deep pain stage" - especially upon zooming out - but hey, if we get into the lower $20ks or even sub $20k, that might start to feel a bit painful.

Regarding necessity to have "deep pain stage" before moving up or continuing UP, I doubt that such is necessary - even though I do understand the concept of shaking some weak hands, and surely some of the weak hands are likely being shaken with some of our current price dynamics, including where we are at, currently.

I am talking about deep pain stage for people who entered at high levels. They need to feel the pain and start to believe the bullrun is over. The whales love to let people feel this pain to shake them out. And I feel like the "blood on the streets" level for these people is pretty high right now. Indicator is still slightly at greed -> https://alternative.me/crypto/fear-and-greed-index/

For me, I am absolutely happy about $40k.

Fair enough.

The longer that many of us have been in, we have been able to establish our stakes and also prepare ourselves for either price direction.. so the first year or so could be a bit tougher - and surely with any BTC price run we get late entrance who ONLY heard about BTC or started looking into it in recent times, may have only been a couple of months, if that... I hate to generalize too much, but surely, the kinds of folks that you mentioned, UnDerDoG81, do surely exist and surely they may have come into bitcoin in droves in the past couple of months.

Regarding being "happy" about $40k, I remain more of an accept it for whatever it is kind of a guy, and so surely, I already stacked up on BTC a long time ago, so I feel no need to really get excited about BTC corrections or to be happy that they happen (in terms of stacking for my own BTC portfolio - which is already seemingly excessive for poor wee lil ole me), even though the corrections (even ones that are the BIGGER end of the scale - such as 25% to 40% arena) are likely a kind of necessity that likely ends up causing a quite a bit more graduality on the UPpity direction movements for a while, which does seem to be better to allow some of the buy support to catch up to current BTC prices and also to catch up to those BTC prices that have so far been at the higher ends of this particular run - referring to BTC prices in the $50ks and beyond that seem quite likely to come - so yeah, getting into the $60k BTC prices and beyond does seem somewhat better to have allowed some of the buy support to catch up to those prices so that there could be some push that could give us some $10k UPpities that happen within a day or so.. if that is even feasible and reasonable in these here times?