Post
Topic
Board Speculation
Re: Bitcoin price motivation benchmark:
by
Nrcewker
on 29/05/2023, 13:22:03 UTC
For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.

Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.
I am completely agree with you. Altcoins are waste to be honest. They are centralised in nature and the price is completely unpredictable. Glad to hear that you have 100% portfolio of Bitcoins. I have 95% bitcoins and 5% ETH in my wallet. I show trust on both of these coins and know their capabilities. Now the ones who crying for this minor price fall don’t know what Bitcoins are capable of. Bitcoins are limited in number, hence when the demand of the coin will increase, automatically the price will also go up. So think wisely and keep on investing.