Post
Topic
Board Speculation
Re: Road to 100k?
by
I_Anime
on 23/09/2024, 19:46:06 UTC
Rather than waiting for a bull run, you should be careful with your bitcoin deposits and tend to get more holdings by regularly depositing bitcoins. If you can base your investment strategy on assumptions, you should tend to buy more bitcoins in each bearish period. You estimate the price of bitcoin to touch $100k by the end of this year 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.

But the advantage of Bitcoin deposits for low income people is that they can adopt the DCA method of depositing Bitcoins even if they cannot afford a single buy. It may not make much profit in the short term but there is a possibility of getting a bigger holding gradually

Is not all about the bullrun , without having a good bitcoin Stashes you won't endup with sometimes good. Most time is only traders that have the mindset of finding short term profits regardless of the number of Stashes they have while investors focus more on the future , but inorder to prepare for something nice in the future he or she have to first focus on building a better Stashes for the future by accumulating and holding.