I have been in crypto almost 1 year now and has been an interesting year to say the least. When I bought my first crypto in January I didnt know anything about cycles and just started investing after a friend had been telling me for months to do so.
My portfolio is currently 40% down and I have just been buying weekly throughout the year and more when we have crashed and havent sold anything yet.
Up until today I had the plan of just holding and selling when everything gets back to all time highs again but I have just realised as I have been buying at these lows for a while now my average buys have decreased a lot meaning I dont need my investments to go back to all time highs to see good returns.
I only started investing in Bitcoin after the June crash so feel I have a good average price currently as I have only been buying between £13k - £20k. Bitcoin I will hold until £100k at least but altcoins I own I realise I dont need to wait for them to get back to all time highs to see good returns.
I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?