Quote from: Lucius on June 20, 2022, 09:49:41 AM

Quote from: tigerwood0432 on June 19, 2022, 08:35:08 PM

i did not buy yesterday at 18k because of the crash , i was affraid it will go dow further quickly , was waiting to see if breaks the 17k-18k support . then its started bouncing , MACD indicating HUGE oversold trend , so i waited for it to confirm . From 17.8k to 19.5k , was a good bounce confirmation for me . (we are still at very low levels comparing to 69k , the futures shorts orders will close soon )

It makes sense, it is important that you have a plan and you know what you are doing, and if you invest in the long term (2-3 years) it will not matter so much whether you bought at $17 xxx, or $19 500. Now the question is how the situation will develop further, because as things stand now, the price is in the green and goes towards $21 000, although one should be careful not to fall into the trap.

Technically speaking it would matter because the return would get greater. I mean someone who buys at 17k, would double it at 34k, whereas someone who buys at 19k would double in 38k, if you bought in 17k, by 38k you have extra 4k profit.

If we look at "really long term", if it is 190k one day, someone who got at 17k would have a 20k profit. Obviously, this is not what we usually think, what we think is just making a profit, and I believe that if you treat bitcoin like a retirement fund, then you should be fine at all prices and you would not feel any trouble at all about this. It is going to be a tough thing for most people to accept, but it is going to be pretty fine in the long run if you profit.