-snip-
historically bitcoin is already a store of value with potential returns if the price drops it we still rise again and many people fail to understand this fact about bitcoin rather they sell in panic, bitcoin is not shitcoins that you will buy and sell in panic at all, less forget about the dip and accumulate bitcoin the more since we are already buying bitcoin to hold for long term, don't sell in panic because bitcoin dip to certain price rather it as an advantage to buy aggressively, and trust me those who sell in panic when bitcoin price dropped will definitely regret it in the future, because it will be very difficult for them to buy back to get back on track.
Global economic changes may influence some investors to sell bitcoin temporarily and secure their profits - but because of their experience and sufficient technical knowledge, I am sure they will come back and buy more to get another return. I do not always blame selling - sometimes it is necessary for various reasons, but if your investment goal is for the long term then you should not be affected by anything.
If some people here were given the choice to sell at $108K or hold until the price drops to $74K - then I am sure they would choose to sell at $108K and buy again at $74K. But instead of changing their long-term investment plan - some investors also accumulate, meaning they can buy at another low while holding the previous bitcoin.
There is no way to know with any exactness when to sell and/or when to buy back BTC, so many times, it is not worth it to even try, especially if guys are still relatively new to bitcoin and perhaps if they are in their first full cycle of accumulating in bitcoin.
It seems to me that guys should be striving to build up their bitcoin through buying only until it gets to a certain size in which they might feel some liberty to start to trade with some of it.. or to sell some of it since maybe they reach overaccumulation status.
Another thing is that and overwhelming majority of folks trying to trade BTC end up doing worse than long term HODLers and/or BTC accumulators, yet if some guys cannot resist their urge to trade and/or gamble with their bitcoin then maybe they should at least try to limit such fucking around to less then 10% the size of their bitcoin holdings... and maybe stave off some of their own degeneracy tendencies that are not really very productive in terms of wealth building, if their goal might be to become wealthy or at least financially independent.
Even if we go with your forum registration date of October 2020, _BlackStar, you could have had accumulated a decent amount of BTC by now if you were able to mostly focus on accumulating BTC through buying, and surely you would have had done even better if you had been able to front load your bitcoin investment in the first few months of your forum registration time... and I am not referring to trying to trade bitcoin, I am referring to accumulating bitcoin in a persistent, consistent, ongoing, regular and perhaps even aggressive way.
I am not sure if I know enough of your details to make any hypothetical in regards to if you might have had been able to frontload your BTC investment in late 2020...
I understand that it might have had been difficult since in late 2020 the BTC price quickly went from being around $10k to about $30k to $40k in a few months at the end of the year... so there can be times when it is tough to get into bitcoin or to figure out how to get started, and maybe it would have had been better to have had been able to get into bitcoin earlier in 2020 rather than in late 2020, if you happened to have had the chance to get into bitcoin prior to that late 2020 run up period...
Frequently it is better for guys to spend time building up their bitcoin holdings (even times like right now) during seeming consolidation periods prior to run ups that might end up occurring at some later point, and sure we don't really know if any such runup might occur this year or into 2026, and the happening and the timing of run-ups are not guaranteed, even though it can be nice to figure out ways to establish our BTC position and make sure that we are prepared for UPpity BTC prices.. rather than trying to trade this great asset (namely bitcoin).
[edited out]
Yeah that's bitcoin for you with it's amazing movement, while
alot of people still have the mindset of bitcoin going down to $10k which is quit funny because they will wait till they finally realise is not happening, they should better take action now or they will just remain there doubting while others are building their bitcoin investment and winning , don't forget that anytime is the right time to purce bitcoin .
There are always a lot of guys with unrealistic expectations of BTC price dips that won't end up happening, and guys right now are largely talking about $40ks, $50ks and/or $60ks, and they never seem to get enough, and many times, they fail/refuse to take advantage of current BTC prices and to build up their BTC stash, whether we are referring to buying dips, or just ongoing buying of BTC..
So yeah, sooner or later the guys who had been buying BTC are going to realize the strength of their ongoingly having had been buying bitcoin, and if they do such buying of bitcoin for a whole cycle then their likely average cost per BTC is around the same as the 200-WMA.. which tends to be a good place to be.
-snip-
historically bitcoin is already a store of value with potential returns if the price drops it we still rise again and many people fail to understand this fact about bitcoin rather they sell in panic, bitcoin is not shitcoins that you will buy and sell in panic at all, less forget about the dip and accumulate bitcoin the more since we are already buying bitcoin to hold for long term, don't sell in panic because bitcoin dip to certain price rather it as an advantage to buy aggressively, and trust me those who sell in panic when bitcoin price dropped will definitely regret it in the future, because it will be very difficult for them to buy back to get back on track.
Global economic changes may influence some investors to sell bitcoin temporarily and secure their profits - but because of their experience and sufficient technical knowledge, I am sure they will come back and buy more to get another return. I do not always blame selling - sometimes it is necessary for various reasons, but if your investment goal is for the long term then you should not be affected by anything.
If some people here were given the choice to sell at $108K or hold until the price drops to $74K - then I am sure they would choose to sell at $108K and buy again at $74K. But instead of changing their long-term investment plan - some investors also accumulate, meaning they can buy at another low while holding the previous bitcoin.
selling bitcoin at $108k in other to buy back cheap when it dip depends on how long you have hold unto your bitcoin investment if you have hold your bitcoin investment from 4 years and above and you sell in other to buy back it's good less take for example now, less say you bought bitcoin around 2015 when bitcoin was between $150k and $500k if am not mistaken and you sell when bitcoin was $108k it is good investment.
You are living in a fantasy if you think that afterwards you can figure out that you should have had sold at $108k and bought back at $74k..
Sure, guys who had bought bitcoin earlier, have more options, and sure guys who bought earlier might not be concerned so much about accumulating more bitcoin.Guys who think like
they are going to be trading all of the various waves (or think that
they can figure out when and where the waves are going to be) don't tend to have a lot of bitcoin, even if they had gotten into bitcoin in 2015, they were too busy fucking around trying to figure out when to buy BTC and when to sell BTC rather than focusing on ongoing, persistent, consistent, regular and perhaps even aggressive buying of BTC.
Edited: Made a few stylistic changes