Bitcoin is on the rise now and this is an indication of bull market. And now that bitcoin is $34k to $35k those who want to buy and hodle, this is the best time to invest. Those who indicate interest to invest on bitcoin in my location came to meet me yesterday and I told them the factors involved. I told them both the benefits and the risky. Early is the best.
We should try as much as possible to see that we take advantage of this bear market while the market is fast rising to make our own Investment with bitcoin, we can as well learn to earn from it, this is a preriod whereby some are already being positively emotional about their Investment because they have long time ago Invested while we experience the dip at #15,000 the market is standing in between 34,000 and $35,000 and anything can happen hence that we see the market rising towards $38,000 to $40,000 before the end of the month, if we Invest now, the future ahead awaits our decision today if we are really going to beba partaker of the next bull.
It is best if we make due diligence investment decisions when the Bitcoin market is bearish. If we have such a plan to buy from the low market and sell in the high market to earn money, then we must learn the market trends and strategies. And if it is not long, term plan then we should invest and hold so that we can earn from it in the future. Those who have already invested for the future must think positive for the purpose of profiting for the future as currently the Bitcoin market is at $35000. And those who invested during the time of $15k must-have got good amount of profit and able to earn now. Currently, as the market position is moving towards a good position and the climate of complete change is seen in the market,
we can definitely say that Bitcoin will touch $40k dollars by the end of the year. So if we invest from the current market then we have a plan to earn in the next bull season so that we control our emotions and be patient.
You talk like you definately know what you are saying. Bitcoin bullrun is never predicted in anywhere as much as I know. Even if, there is no guarantee of a certain amount of $40k. Bitcoin price is mearly base on absumption. Not prediction. So let us not build our trust on a false hope which might cause psycological or mental trauma when it didn't turn out the way we might have hoped.
I doubt that the line is as thin as you are making it out to be. Sounds like you are a trader, even though it seems that your goal is to accumulate bitcoin, but if you are fucking around with your whole stash that would be pretty messed up. We likely need a few more details regarding what are you doing once a month with these buys and sells and whether you are religious about it with a system and if you might have a main holding stash or if you are just loosey goosey about the whole thing. then seems like you are a trader.... but if you are ONLY playing around with less then 5% of your stash, then it might be a bit more ambiguous regarding what you are.. .. but you ahve to figure out how much you are holding. and it has to be more than 50% or probably even more than 90% before you are going to start to fall into the HODLer category rather than a trader category.
The punchline is that more details are needed, and each of us might categorize these matters differently, even though I doubt that the line is as fine as you are seeming to suggest it to be merely because you are wanting to trade but still call yourself a HODLer.
My main goal is to increase my BTC count by maintaining 50% bitcoins 50% usdt. And depending on the price on the market, my pending orders change the state of the deposit - this can lead to a share of 95% of Bitcoin, and vice versa - 95% of USDT. Ultimately, the strategy still strives to make it 50/50. I understand that in this way, in a full market, I will not get all the cream from the price of Bitcoin, just as if it falls, it will not hurt me like those who are 100 percent in Bitcoin. How did I come to these views on accumulation? Since 2017 I have been a Bitcoin holder, I have waited and waited. And when the price became 65k, I didn’t even transfer part of the money to USDT. I believed that the rocket would fly further. But the rocket flew down. And I realized that it’s pointless to just hold it, market fluctuations can be used to increase the share of BTC, and at the same time not shake with fear over the schedule. I do not claim that the strategy I described above is correct. But I came to this, and these are my views. I gave you guys, my arguments. I'm a trader who doesn't trade much. I am a holder who sometimes buys and sells because the funds have to work.
You have been involved in investment since 17 years so there is nothing new to tell you about investment as you know all the ins and outs of investment. You invested in 2017 and still didn't sell your investment when the price of Bitcoin touched $65,000.
After the price of Bitcoin touched the highest $65 thousand you felt that you should hold your investment for a longer time and you did. Since you have not sold your investment even after the price of Bitcoin has hit a record high, there is nothing to discuss with you whether your investment is long-term because you are a long-term Bitcoin holder. You should not think that it was a bad decision not to sell your Bitcoin when it was worth $65,000. I would say in the context of that time you made the right decision because the market was very positive at that time and the Bitcoin market was approaching $100,000 at that time no one could sell their investment even if they wanted to.
We missed out on a $65k opportunity but better things await us ahead.
The market is now positive and the expectation is that the Bitcoin market will touch $50000 in early 2024 and the price of Bitcoin will increase gradually thereafter and I have held my investment on that assumption. I am never disappointed in holding my investment because I believe that if I hold my investment I will definitely get good returns at some point.
Bitcoin is not stable, and predicting it's price will cause more problem to you when you don't get back in return what you expect. Even as many of us always talk about buy dip and hold, I also think some are mearly following the trend but thinks of how to make profit in coming bullrun. And this is the reason see people are buying the dip and hold otherwise. And it's a wrong interpretation of the Dip and hold.
: I am not referring to you but using this as an example to explain to others.