Post
Topic
Board Bitcoin Discussion
Re: Strategic Entry Points
by
Kemarit
on 18/12/2023, 08:40:09 UTC
Hey guy, What factors are causing the decline in Bitcoin today, and what could be a strategic entry point if it falls below $40,000? Has anyone got any technical analysis?

Not sure what you mean, the price is still at $41,000 and this has been the pattern in the last week or so. Technical analysis is good, however, why not jut enter to the price that you are comfortable with? I men if it goes to $39,000 then buy as much as you can, easy as that.

Again, for me I don't want to complicate things, entry point doesn't matter as long as you are going to be here for the long haul, then whatever price you invest is not that important. Just imagine if you bought at $40,000 and then the price hits all time high, 6 digits in the next bull run, then still a huge and great profit for you. Instead of thinking what will be the best entry point or if the price will go down to $35,000-$36,000 before you enter.