Quote from: KiaKia on March 07, 2025, 12:52:49 PM

I believe this is poor advice. Anyone wanting to accumulate Bitcoin should have done so in the months leading up to Donald Trump's presidency. Buying now is much riskier compared to earlier opportunities.

From my perspective, the chart I'm looking at does not look promising. A significant portion indicates that Bitcoin has already peaked, especially since the stochastic RSI on the monthly candle appears very bearish. While there may be a slight chance for a price increase, I doubt there will be a breakout of the all-time high of $108,000.

For now, I’m keeping my fingers crossed. My main point is that the best times to accumulate were in 2022 and 2023. Accumulating Bitcoin now feels akin to buying at the peak. The chart certainly doesn’t look good. If I were to advise anyone at this moment, I would suggest waiting for the next bear market in 2026.

Even I do agree that buying would have been better if you did so before Trump got reelected, not buying right now isn't a smart decision neither. You know the famous saying? The best time to plant a tree is 20 years ago, the second best time is now. While it would have been great if they invested earlier, hell even when it was under 20k, but that doesn't mean they shouldn't buy right now neither.

You may find it not promising, but the bull run is still expected, which means we are expecting at least 50% more profit and that is why I am not really considering this to be bad investment if we do it now. Of course it takes a while for it to reach better levels, it is going to be something that won't be spending much time at all.