Quote from: teosanru on May 14, 2022, 05:08:12 PM

Quote from: Anders_Bitcoin on May 10, 2022, 07:02:30 AM

Hi guys. I'm newbie here. Wanted to hear your opinions.

These red candles got me wanting to itch my itch. I know about DCA. I think little more of a drop and we reverse. Just trying to not get too eager. I'm trying to catch this bitcoin bounce by setting two additional limit orders to open a long position on wowswap exchange.

What do you think about the current bear run, will it turn around? What price for bitcoin do you track? Will we get on the big green planes?

I'm thinking of buying a few more alts from the top 100. With everything being down in the last month they seem to be safer plays.

See many people have been comparing this to history of how around halfway mark before the next halving market creates sort of bearish aura and remains bearish for sometime for accumulation until it bursts for the next bull run after next halving, what I think is that if some information has become such news and can be this easily calculated and speculated that thing might not happen. So in this ambiguity best solution is only DCA you buy at every low and keep it holding until it bursts next time, talking about red candles it's really a good time to buy here anyways because RSI would obviously correct itself for sometime in coming days and you can then use that time to sell off and make around 10-12% profits.

Do you think the market is capable of a rebound of only 10-12% before the next bearish decline?