Quote from: Brainnybtc on Today at 01:38:00 PM

Quote from: arwin100 on Today at 01:12:58 PM

There's no need for doing any analyzation before buying since this will just confuse them. Instead of thinking about technical things or strategy before buying, they better act according to how much they are capable to spend since this would rather give them much better result especially if they can accumulate lots of volume.

Doing analysis is not helping and it will just create fear for them especially if the one they predicted to happen didn't came. So better for people to not create anything that can disappoint them and better make everything more simpler because buying and HODL bitcoin don't need especial things or skills. What they need is to be consistent on their buying.

You are right sir, their is no point analyzing the market when we all know that Bitcoin is seriously on the rise, the value of Bitcoin now will be nowhere near how much it might rise up to in future to come, so the best thing to do as an investor now is to just buy once your discretionary income is available.

Those investors that bought at $69k when most people were laughing at them that they bought at the top two or three years ago would be laughing back at them now because it now looks like a massive bargain, and that is how this current price might be in the future, so their is no point analyzing the market.

The reason why people analyse the market is mostly due to the fact they want a low entry point and they are not investing for long term and it is mostly traders that love to analyse the market before they start accumulating bitcoin since they are in for quick profit so the intent for always analysing the market is not because bitcoin is always rising but rather they want to know when the market will be favourable for there short term goals before they will step in . However, there analysis may not really be that accurate and they may end up making the wrong decision.so to avoid this difficulty of analysing the market one should consider investing for a longer term.