Quote from: darkangel11 on Today at 03:10:38 PM

People focus too much on highs, but it's really the lows that tell a story. Highs are very volatile and jump all over the charts, but lows are showing a slow and steady growth. I don't know how low we will crash from here but I'm ready to bet that we will never again see 2020 lows.

my personal presumptions were that the value window of 2021-22 of ~$25k-$70k meant the price last month of ~$29k was very good value.

i personally have a hoard from the old days. so my hoard is in profit so i dont care about their value as the price even today is way way way above their acquisition costs. so i am not in panic mode nor care to sell.. so i dont care and am ignoring the value of that hoard.

however seeing the 2021-2022 discounts for the era. its good value to buy a bit more. i dont need it. but i happily spent $6k of fiat(unused/unneeded disposable fiat income i wont need/miss for a while) to buy more at the $29k/btc value. and will be doing it again this week at the even better value to buy. (it helps average down my 2021-22 era stash)

i dont recommend anyone stake their life savings or house at any 'bet' or presumption others state. but if you do have disposable income you wont miss. you might aswell give it a try.

by disposable income i mean things you would normally waste income on.. like drive-thru's and fast food that just become a toilet flush the next day.
things you spend that you will never see value returned on again.
like buying some in-game credit for a feature that has a time expiry where you dont benefit from that spend after the time expires.

EG if you are thinking of buying a brand new car. realise the very day after buying it. it is a second hand car and loses a few $xk of value instantly.. meaning if you bought a second hand car of same year release. the value would be the same on day 2 as a new car on day 2. so save yourself a bit of disposable income and invest it instead of losing it completely overnight (like a fast food becoming just a toilet flush after 1 days digestion)

think smart. dont just take a blind punt/bet using more then you can risk living without.
also if the price goes down more. you can just use next weeks/next months disposable income to get even more. rather then draining yourself in one shot meaning you cant take future opportunities.
never be in a situation when seeing a price go down as a complete loss of life savings.
think of it as just a delay in ROI of disposable income thats not life changing risk. and think of the low as a opportunity to gain more cheaply before the next rise