I am seeing so much optimism among Bitcoinist on this forum and we are all hoping to make profit before the bull market comes to an end.
If we had bought bitcoin early last year, we could certainly think of earning a profit before the bull season ended. But if we are just only buying now, we'd rather think on safeguarding our funds and holding.
Whether we want to accept it or not, and even if we stay optimistic, we can’t ignore the possibility that the price of bitcoin will drop soon in the coming days. I can say that the bull season is almost getting over and will face the bear season once again. Besides, the situation is not new to us, as the market cycle can't change, nor can it be stopped.
After which, we will be looking to gather into bans (our portfolio) again, so my question is, what are you speculations about the lowest price of Bitcoin during the bull season. Share your opinion so that we will not start DCAing at the Top and feeling bad at the bottom. At what price should we start DCAing in expectation for the next halving bull Run?
No specific answer for this but for me, I start when I am ready.