Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Obim34
on 10/10/2023, 08:41:36 UTC
Right, I quite agree with your assumption, and honestly I would also say the same thing, which seems to be true that the price decline to the $25k area is over, I also won't say that this is certain but it is still speculation and I say it according to the predictions that I know, the last time I saw the price of $25k was at the beginning of September yesterday when the price was in a sideways phase and was looking for indications for the next price formation. One resistance in the previous time has been successfully broken and if we look at the formation of new support afterwards it is much higher than the previous support, and I see the latest support in the short term is in the area or price of $ 26,200.
So in my view just looking at the formation of this trend confirmation is enough to conclude that bullish has begun to dominate and of course that means for the short term or even the next few months the price will not return to touch the price of $ 25k.

It's true like there are some people who say they like to know everything when in fact it is very difficult to fully predict, and maybe even if it can be only a few percent accurate. Honestly in this matter I would not really advise people to follow my way, because obviously everyone's perspective must be different in terms of analysis, and well maybe I'll just try it myself because indirectly it's like testing my own abilities to what extent. And well the point is there will always be a reason why prices can move, or I mean the reason why prices can lead there, and I'm always learning to improve my knowledge in order to find out that reason.
It can still be very uncertain that your speculation could be wrong on this idea of Bitcoin at 25k era is over. Many person has done much speculation on the price of Bitcoin, where else the price drops below the speculated range. i should believe with the volatility of Bitcoin it is very difficult to identify when the bull run begins.

Ahh.. do you really think I haven't gone through this thread I think I have almost read the maximum number of pages, all of the newbies and other members are only discussing the DCA, and I don't think so just DCA is sufficient enough, practically DCA can be an all-rounder but in the market, DAC is not a dead end hope you've got it..

Something called safe play is DCA and something called value investing with risk management, hope so its sufficient enough to point out what I'm talking about.
I have been going through this comment here trying to figure out what the points are but from my understanding you still doubt the sufficiency of using the DCA strategy in Bitcoin accumulation, where else DCA has proven times without number, it is clear enough that DCA tops the lead in the strategies of Bitcoin accumulation