Post
Topic
Board Bitcoin Discussion
Re: BTC is exceeding expectations, what a time to be alive.
by
KingsDen
on 28/11/2024, 21:29:36 UTC
I totally disagree with you on that bolded part because it is Bitcoin we are talking about there is no time ideal than investing when you have your money readily available, there is nothing absolutely wrong buying even at the peak price, it is pretty much ideal to invest during the bull season and bear season, one thing we should always understand is that Bitcoin is best appreciated over a long term hence there is no point timing the market conditions before investing, secondly the market can be very uncertain which can make you miss good buying opportunities while waiting for an ideal time to invest.
Hmmmm!
Your disagreement or advice comes with conditions please. If anyone doesn't follow the conditions, they will surely cry when they buy the peak.
  • You only buy a perceived peak when you are ready to wait for two circles.
  • You only bull during the bull run if you don't want to use the money for your next month rent
  • Else you are a trader who is seeing from shoulder to head.
  • Also the DCA method can be ok for it, because you will be buying randomly over a long period of time.