Quote from: Onyeeze on October 16, 2024, 05:31:26 PM

Quote from: bubilas on October 16, 2024, 12:00:47 PM

I believe that if we see repeating trends or patterns on the Bitcoin chart, then we should not engage in nonsense like predictions, because the price chart will always surprise all traders. And as soon as someone thinks that he can predict the price movement based on past experience, then such a person will then see unexpected surprises.
Nevertheless, for now Uptober pleases us with price growth (68k!) and this is cool.
And many expected that there will be growth (also elections are ahead) but I hope that this month will pass without unpleasant surprises, and digital gold will continue to go up.

this is exactly what I normally tell people concerning prediction of Bitcoin it is obvious that the Bitcoin prediction does not help us and in many persons predict bitcoin price based on assumption they do not make any research concerning the price before they predict the price of Bitcoin that is why I don't like to accept some price or prediction of Bitcoin, I do make my own research to make sure that Bitcoin price is best known to me because of my own analysis that normally take me time to verify but people do believe on any price then see people's speculate so I don't think that is good to be following unnecessary prediction from people, so I believe we should understand that bitcoin price can change at any point in time so I support your suggestion from my own understanding of Bitcoin price and regulation

Therefore, although we are interested in the price of Bitcoin, it is not a trigger for our actions. When they talk about someone who always holds back a little money to guess with a lower price, this approach does not seem good. This is the most greedy approach that is unlikely to make an investor rich and will exhaust him.
It is better to stick to DCA, and sleep peacefully at night, without nervously monitoring the price, FOMO and the like.
I think you agree with me that maintaining your health and calm state is as important as engaging in successful investing.