Quote from: Lanatsa on Today at 07:24:59 PM

Quote from: Rengga Jati on June 28, 2024, 09:43:01 PM

Quote from: simonnn on June 24, 2024, 09:06:48 AM

As new investors we expected Bitcoin to touch $100k this year but it is currently in a bit of a downward trend. Still I'm more optimistic that I can buy Bitcoin at my expected DIPS but if it continues to be bearish for longer I may regret not buying at a lower price. Waiting for more dips may give better results although chances may be last. My question is should we continue buying now given the value of Bitcoin? How fruitful is the initial target for Bitcoin holding until 2025?

Because no one can predict 100% where the price of Bitcoin will go, we also don't know for sure whether Bitcoin will dip much further or not in the future. It's just that the step by step purchase was quite successful. At least we don't go all in on our free money at once, just in case there is another price drop. especially if the trend direction is still quite bad in the market. So, it could be an estimate to wait for the price to drop a little more. Yes indeed, when the market turns down, the most important thing is that we have the capital to buy it at a time when prices tend to drop more.

Quote from: Saint-loup on June 28, 2024, 08:34:24 PM

To be honest, I don't think it will stay above 60k during this summer. So I think it's better to wait for 55k or even 50k if you can wait several months. Because I think it will touch 50k before the end of the year

it's interesting.
It's best if I start paying for free money in preparation for prices dropping quite like that. Even though it might not reach the $50k mark, if it can reach just under $55k, that would be pretty good. Yes, at least as capital to be able to get higher results when the bullish era actually occurs. Here, financial management must be set as well and wisely as possible so that we can distribute our money to invest in what we want.

On the moment that you do step your foot into this market then you should really be that making yourself that getting used to on how this market behaves and on how this market will really be that
moving because on the moment that you wont really be wary about its behavior and you are expecting something which it would really be that easy on dealing with then when market do make out some shifts
whether going down or upwards then it would really be always important that you should really know on what you should gonna do and not really just that making steps without having those
main consideration on which we know that it would really be that important that you should really know on what you are doing.

There are really just that those individuals who are really that delusional when it comes to this manner and on the moment that they've seen that they've been struggling on how to deal up
with this space then they would really be just that tending to learn and adjust. Some can bare up with the risks and some cant really just do such thing.
So it would really be something that situational since not all would really be that good on dealing up with market volatility.

This is actually true and these are the common questions that you do have in mind on the moment that Bitcoin would drop its price.

1. What if it would go down further?
2. What if there would really be some following negative news that comes next?
3. What if this isnt the bottom?
4. What if this is just a bear trap?

For sure you would really be having those questions in mind on the moment that you would really be taking up some possible action
in regarding into your position. This is why it would really be that hard to make out such action even if you do know that this is something
a good time for you to accumulate more, but with those questions above then it will really be that stopping you on doing so.

So it would really be that a matter of decision whether you would really be pushing through or would really be that waiting even more
to accumulate or make some dca or buybacks.