Quote from: Sim_card on September 23, 2024, 06:18:52 PM

Quote from: Olatundespo on September 23, 2024, 03:38:04 PM

If so then bearish period is crossing at present which is around $62k and in next 3 months you can make huge profit and you should be in more buying.

We are not in the bear market because bitcoin was able make a new ATH of $73k+ this year. Bitcoin is in a consolidation state and that is why you have being seeing the price dipping and pumping. After bitcoin halving, we don't see a bear market. It is after the bull run which we are expecting that the bear market comes. Bitcoin at $63k+ is not a bear.

You sound more like a trader by advising people to invest now through DCA regular buying and sell their bitcoin when the price is 100k. It is good for you to buy bitcoin and invest in a long-term so that you can build and grow your bitcoin up to a good level overtime for the future and not after short term profit because bitcoin price will reach $300k and above in future.

People think about that if there's a dump happened they automatically call it as the start of bearish season. While the fact that we are actually experiencing a bullish season this year. We are far more better than last year so people need to relax when there's possible that might happen since we always see some good recovery on bitcoin just like what happened these days.

For thinking about that its like they are into trading. We see how stressful their life for always thinking about the price of bitcoin and current trend of the market. If they could just spend sometime learning more about holding and do DCA method for sure that those situations they have mentioned will never give them a stress and instead of focusing on short term they might get more bigger returns for aiming for good gains for long term with bitcoin.