Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Oh yes, Sunday now
Weekend dump before the pump
Healthy correction

BTC is really for the strong hearted... and those who look at it from macro-level.

Just when we are all enthralled with the enthusiasm of $100k price, it is already heading north not because it is the right direction at this time but just to prove that no one can accurately predict its movement. The best we can do while it decides what it wants to do. Anyways, 1BTC = 1BTC, and you only lose when you sell.

Now I see why people do this "1BTC = 1BTC" thingie...

It is because it is so difficult to keep track of its price... but still. it just isn't saying anything... even though maybe someone is using the expression to say to hang onto your BTC and/or stack more of them if you can no matter how much they might cost in terms of fiat. Even though I don't really disagree with it, I still don't really like the expression.

I saw this yesterday, we can how past predictions is failing already, 2030 $90,962.23 when in reality we are expecting $100k around this year and next year.
Bitcoin price in the long term is not predictable. I agree with the 1BTC = 1BTC.

In the end what matters is to keep stacking because nobody may get the actual price but this we know that HODLing bitcoin will make us rich.
I have a question, do you think anyone doing DCA should switch to Lump Sum strategy?
Since we are aware of the up bitcoin halving in a month+ from now and getting bitcoin during at that time will helps us acquire more quantity of bitcoin in comparison with the quantity we can acquire through DCA now to that time