Quote from: Obim34 on Today at 08:41:36 AM

Quote from: nara1892 on October 09, 2023, 04:00:08 PM

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.

Of course we do not know exactly, yet at the same time we should not be just throwing up our hands and acting as if we have little to no clue.

With more and more of the passage of time, it is seeming more and more likely that the bottom is in .. which would have had been the $15,479 price from November 2022... sure of course from that we might have said that the bull market had already started, but we seem to have had kind of gotten stuck in a bit of a limbo state... and at the same the BTC price is either lingering around the 200-week moving average and/or even going below it, and the 200-week moving average seems to be a bottom price rather than a top or a middle - but even if the 200-week moving average has historically been a bottom price, it does not exactly give us guarantees in the short term, but it should be giving us some clues about what we should be doing... but hey each of us can choose for ourselves, including if we choose to throw up our hands and act as if we have no ideas regarding where we are at, how we got here and/or where we might be going.

Quote from: Hewlet on Today at 09:18:43 AM

Quote from: MusaPk on October 09, 2023, 10:38:12 AM

Accumulating more when Bitcoin is down is more beneficial then when its up.

that's the whole brain behind buying the DIP and HODL. Though impatience might creep in when there is a a sudden increase or some sort of market fluctuation and the tendency to sell it might seems the only option, if you are able to ignore the fluctuation and wait patiently your asset will yield something very reasonable with time

Active participants of threads like this one should not be having difficulties holding onto their coins merely because the price might have gone up a bit.

those are the kinds of problems that traders have and also persons who have not developed some kind of a longer term investment plan... and surely if anyone spends a decent amount of time trying to figure out a longer term investment plan, they will likely come to realize that selling does not tend to play out as a good strategy if the goal is to ongoingly and persistently continue to accumulate more BTC.. selling puts a person into a wrong kind of a mindset, unless they are really strategic about such selling in terms of ONLY selling amounts that are so small that they are not going to have any concerns if the BTC price continues to go up after the sale.

How much coin can anyone sell in order NOT to give shits about it in the event that the BTC price continues to go up are somewhat individualistic determinations that likely relate to how many coins someone has already accumulated, what is the profit level of the held coins and what kinds of goals does the person have in terms of how many coins s/he wants to reach and roughly in what kind of a timeline...

Of course, we cannot completely know the specifics of the answers to several of these kinds of questions, but we can get some directional aspects and even some ranges that we can kind of outline and project for ourselves in such a way that we become more likely to easily reach the bottoms of the range, we have good chances of reaching the middle of the range and we aspire to reach the top of the range, while knowing that the top of the range might not happen. but remains in the realms of possibilities.. so we can prepare for the lower, middle and top of the range all at the same time as long as we don't engage in behaviors to fuck it up and end up not achieving any of it because we got too greedy and we were ONLY aiming for the top of the range and then we fucked up so badly that we were not even able to reach the bottom of the range when the bottom of the range would have likely been nearly guaranteed with a more prudent and conservative approach to our bitcoin stash and our ways to accumulate and/or maintain it.

Quote from: Frankolala on Today at 02:15:31 PM

No time is too late to start bitcoin investment, but what matters is how long can you be patience in hodli and how discipline can you buy regular with DCA, because even some people that are yet to buy, might buy late and even accumulate more bitcoin than people who have been in Bitcoin earlier.

It is true that some people will pass up the earlier BTC accumulators; however, it seems quite likely that many BTC accumulators will surpass persons of equal financial status as them at the beginning of their journey and even surpass people who might have been multiples higher in financial status as the BTC accumulator at the beginning of the BTC accumulation journey.

For example, person A who started in bitcoin 10 years ago, and was investing $10 per week, will surely surpass the amount of bitcoin that person B who had started to accumulate BTC with $100 per week in 2016, and likely person C starting right now to accumulate BTC at 1,000 per week is not going to be able to catch up in their BTC accumulation to either Person A or Person B.

So surely none of us who have figured out aspects of bitcoin would be suggesting NOT to invest into bitcoin or to give up, but instead there is a certain kind of empirical evidence that shows that any of us would have had needed less capital in order to get to the same level of accumulation the longer that we had come into bitcoin, and therefore, the later you come into bitcoin the more likely that you are going to need way more capital and you are going to likely have difficulties catching up to the BTC adopters (accumulators) who started earlier than you (at least if we are comparing similar levels of capital).. and we also know that the world is already unfair in terms of some people having more capital than others.. and surely sometimes they accumulated their capital fairly (or we are supposed to presume that even though sometimes it might not be true), and sometimes they have accumulated their capital in less fair ways (and we might not really be able to do anything about it, except for recognize that there are unequal situations that exist in the world).

Quote from: kingvirtus09 on Today at 05:51:00 PM

You should not wait for the crypto market to deepen, as it were, instead of that it is good to apply the Dca to accumulate Bitcoin or crypto, buy every time we have an opportunity because we have so much to buy.

Fuck shitcoins.

DCA does not work with shitcoins. You need other strategies with shitcoins.. so don't be so fucking dumb as to try to suggest that DCA works for shitcoins when the rug could get pulled on you at any time.. that is part of the things that you must prepare for when investing in shitcoins, how to hope that your "investment" or your "gamble play" does not get rug pulled prior to your ability to get out.

Another thing about shitcoins, this thread is not about shitcoins.. so take any talk about shitcoins to some other thread.

Apparently you heard of bitcoin, since you did actually use the word.. so maybe try to make your post again, but focus your little selfie on bitcoin, and then maybe we might try to figure out if you are saying anything meaningful and/or important.

Quote from: kingvirtus09 on Today at 05:51:00 PM

Of course, DCA is the only way to see if anyone can save effectively for long-term assets that we want to hold until the bull season arrives. Now if you happen to fall hard, as long as there is a buy just take advantage of the opportunity always. Because this is the only way to not waste the time we have.

This part of your post seems to be correct if you happen to be talking about bitcoin.. but not necessarily correct if you are talking about shitcoins.. as I already mentioned above.