Post
Topic
Board Economics
Re: Are we entering bear market? How low will btc go in the coming year?
by
Snorren
on 28/05/2021, 17:07:39 UTC
Looking to purchase some btc in the coming year and looking for the best time.
Sold all alts a few weeks back and will switch back into btc when the price is right.

Ideal would be around 12k, within a year from now. Do you think its possible or am i setting the bar too low to fast?
Is this just a half time dip in the cycle and we'll see another ath this year?


I'm bearish by nature and I have patience so I'm not rushing to buy right now, but I'm interested in what your views are.
How did you get to know that there is going to be another ATH this year? If it’s going to be repeating just as what we have seen happen before, then I don’t think there is going to be another bull run that will create another ATH price, I have seen ATH happen twice, not after crashing to this level. But the price is going to be flowing somewhere between the low and the highest this year.

As for when you’re going to be investing your money, it all depends on the level of patience you’re ready to have and for how long. If you have plans to hold for years after you have invested, wouldn’t be bad if you invest now because after another halving we would start looking forward to another bull run and new ATH price.

I never said I thought there would be another ATH this year? Plan is to hold for 10-20 years.
I decided and put my buy order to little over 20k and now I wait. I can wait for a year or so, by then it should be obvious if I was too greedy or not.