Re: Buy the DIP, and HODL!

Quote from: Wind_FURY on Today at 06:05:56 AM

Quote from: Antonil on October 29, 2024, 05:55:47 PM

Everyone wants to be profitable. But currently a pump in Bitcoin has shaken the thinking of about 60% of DAC holders. Those who started holding DCA at $38k now have a clear portfolio of around 50%. And they decided not to continue the DCA, but to dissolve it. If you can afford to run DCA, I'd say it's smarter to run DCA rather than lighten your portfolio. Because experts say to continue DCA hold till next cycle.

I believe for those people, they could still continue to buy every small DIP/discount now that it's becoming VERY obvious that Bitcoin is back to surging to ATH after another ATH.

JayJuanGee, is this the actual moment where we could truly say that Bitcoin will NEVER crash below $50,000 again?
But I'm not going to say it out of avoiding any "superstitious events". Cool

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So let us wait for a maximum ATH of reality without thinking

That's probably going to be $300,000 per Bitcoin this cycle, and that's not my most bullish prediction.

Most who invested earlier are already receiving X2 or even more of what they had accumulated, we have gone too far to retrace back to any price, for the remaining month in the Q4 of this year, we should only expect the price to keep going up till we exceed an ATH.

I doubt for Bitcoin ability to fall below $50,000, sooner or before we hit back the DIP, the bull run is just beginning and more time to spend in this season adding up profits to our portfolio.