Post
Topic
Board Bitcoin Discussion
Re: BITCOIN BULL RUN 😱
by
krynockhti
on 13/02/2024, 07:42:26 UTC
These opportunities are not distant, they're happening now, so let's seize the moment, my friends. I've already invested in BTC myself ☺️, but please note that this isn't a direct recommendation for you to buy as well. Be sure to conduct your own analysis and research before making any decisions.
I know that the best time to invest in Bitcoin is when you can afford it but it will be better when the price is down. The ETF and the halving have attracted many people to invest in Bitcoin but the investors that will make more profit are those who have invested a long time ago. Bitcoin may get to its ATH this season however we should also expect a drop in price before the bull run. I always advise people not to buy because of FOMO because Bitcoin is unpredictable, but they should consider doing DCA. This strategy is the perfect means of accumulating Bitcoin.  

Your comment catch my attention.

I know nobody knows what will happen and this is not a post for financial advice, but! I have been buying BTC since a year ago but very slowly, now I have $10K USD to spend in BTC, so do you think it is a good idea to buy it now and split those into $1K per month for the next 10months (DCA)? My goal is reach 0.25 BTC.

You expect a drop in price from $50K in the two months before the halving? I don't know... but I see a lot of people creating FOMO with ETFs and the Halving, too much speculation (I don't care about ETFs by the way, I prefer self custody).