To me it looks as if we are going back and forth for the time being and I would usually deem this time to be perfect to get into the DCA process. When you have an asset that has more upside than downside potential and it goes sideways for a while, then that's the time to make the right call and build your position with whatever disposable means you have available either in intervals or as a lump sum.
I am saying that we are going sideways because this up and down of a few thousand dollars never meant a lot in bitcoin. Google searches are relatively low but stable and so are the long-/short ratios on coinglass.com. By the way, these metrics don't mean that it couldn't blow up in the next few hours and go to $100k. What I am saying is that this rather represents a true opportunity than a gamble.
I don't disagree with anything that you are saying, yet from what perspective are you speaking? Have you already accumulated enough BTC or are you still accumulating BTC?
I guess he is just explaining or sudjesting. maybe he's inbetween buying to HODl or has already bought. who knows.? No matter the case, it is Good people take accumulation process seriously to avoid being Left out, because surely a time will come in the future when today will be remembered then people will understand the difference between "
before" and " after"
like Laszlo who never knew bitcoin could be worth this amount today. if he knew a day like this would come, he would have HODl his bitcoin and never would be have traded 10000
BTC for 2 pizza.
Yeah you are right, some people feel Bitcoin is too expensive and going into it is a waste of time but they forget that 10 to 20 years to come Bitcoin won't be in this particular price it will go up and if we understand this we will know that the price now is not something that will discourage us from investing in it however we can accumulate little by little using the DCA strategy, a lot of people regretted not investing in Bitcoin years to come some people will still regret not investing now.
Surely, I presume that the overwhelming audience of this forum have not accumulated enough or more than enough BTC, so in that sense, the overwhelming suggestion is that any forum members should keep accumulating until they reach such status of enough accumulation or more than enough.
Surely an overwhelming audience of this forum has not accumulated enough or more than enough, but surely many are trying their best, even as we presume to be investing I believe most people are just following up but yet no investment. But I believe they will regret later.
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Those that has started investing in Bitcoin and has not Accumulated enough should continue with there accumulation and try not to rush in other to meet up because Bitcoin will still be here in years to come so no need to rush just be consistent in your accumulation, if you become aggressive as a newbie and without a back up funds you may likely hit a fuck you stage and may lose all your Bitcoin so take it one step at a time and try as much as possible to build an emergency, reserve and float funds, you can do this why accumulating your Bitcoin however since you are building those back up funds along side your Bitcoin accumulation you need to reduce the percentage of funds you accumulate to your Bitcoin in other to accommodate your backup funds building and after you most have completed your building of backup funds you can then go back to your former percent you allocate to Bitcoin weekly or monthly.
What to do becomes a bit more ambiguous for anyone who might be getting higher in regards to the amount of BTC that he has accumulated, so maybe those kinds of guys might just HODL or maybe from time to time buy on dips if there are dips that reach a sufficiently enough level.. otherwise they just might be just waiting and not really doing anything at these levels..
This can only be possible for the people who bought bitcoin way back. those early accumulators who baught bitcoin so cheap. Because by now their HODLing would have reached their profit level and may decide to wait a little more time for their HODLings to grow but as for those who stated accumulation recently or 3 years back will still continue to accumulate because they still have a long way ahead. But though it depends on such persons bitcoin plan.
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Yes it really depends on such persons Bitcoin plan and the amount used to accumulate, someone using $2k weekly to accumulate his or her Bitcoin will not use same years with someone using $100 to accumulate weekly.
Those using a small amount to accumulate needs to hold longer than those using huge amount of money, some people forget to compare the account being used to accumulate and focus more on the number of years,
Some people seeing someone they started accumulation with saying they have accumulated enough surprise them they forget some people are using huge amount to accumulate and they will be more fast in accumulating enough Bitcoin.