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I agree with you on what you said, what ever you see other people doing as a difficult thing to do, it only takes courage and determination for you to do that same thing and even do it better because fear is one thing that stop us from doing many things and if not for how the man I call double
JG said things about Bitcoin that is better to hold I don't think I would have been holding, I just had to push myself to o it and now I still have to say thank you to him even if Bitcoin price is moving as we expect.
I am glad that you found value in a strategy that involves holding and even continuing to buy BTC during these various uncertain periods, and even going back to our March 2024 to October 2024 consolidation period, it seems that guys would have had been way better off to be focusing on BTC accumulation during those kinds of times rather than trying to trade... and surely the same is true during your whole forum registration time, even though maybe you have ONLY recently converted over from a trader (wannabe) into someone who focuses more on accumulating and HODLing.
Surely I am much more into advocating that beginners ongoingly buy BTC through at least a whole cycle, so I would not consider HODLing to start to apply unless a guy might be feeling that he is getting close to or exceeding his accumulation targets or perhaps if a guy had been buying dips, but then runs out of money to continue to buy and the BTC price keeps dipping. Once the guy runs out pof money, then he cannot buy any more BTC until his next paycheck comes in... and yeah, I presume that the longer that we are in bitcoin, even by the time we get into a full cycle of accumulating bitcoin, we should have had already established a decently good sized emergency funds and various other good cash management skills that involve maintaining other back up funds and management of monthly cash floats too.
The fear and greed index is still very low. Maybe we won't see 100k usd again until the end of this summer, when the downtrend ends.
Sure. Anything is possible, yet I would not put too much reliance on not seeing $100k for 5-7 months or whatever you are trying to suggest to be the end of summer. A lot can happen in 5-7 months.