I don't have much bitcoin at the moment, I only started buying around the middle of last year. Since the price was above $50k I decided to stop buying and now the price is even higher. I'm still unsure whether to continue purchasing or not, I'm waiting for the price to return to $50k or at least below $60k. Although I am pretty sure bitcoin will reach $100k but buying bitcoin for $66k is still too expensive for me. I'm still waiting for the price to go down and will buy again.
Even so, I am also afraid that the price will get more expensive and miss this moment, but I am still confused and don't really understand bitcoin price analysis. I'm still waiting for the price development and keeping my money in cash, once I'm sure maybe I'll start buying bitcoin again. I will monitor bitcoin price movements this month before deciding to buy
most of us here actually felt that way when we where new to this space , so at first I will say welcome to the forum and welcome to Buy the DIP, and HODL. This thread is mainly for Bitcoin long-term holding, and ways to accomplish it , like strategy on how to accumulate Bitcoin and related stuff. So if you're interested in holding for long you're in the right place. Well there's no need for you to show any fear or panic when comes to investing in Bitcoin ( though there are risk but can be easily minimise) expecially as a long-term holder. The only people that may be scared to invest or accumulate more are those who has involved themselves with too much shitcoins. So we talking of Bitcoin here so, I will advice you continue your accumulation Of Bitcoin using DCAing to buy at any price interval and not always waiting for the dip before accumulating. Of you're really interested in buying the (which most people are), you can choose to set aside a reserve funds for that , to purchase any dip that may occurs. So that you won't endup missing out due to waiting for the dip.