Quote from: Agbamoni on Today at 02:02:48 PM

Quote from: OgNasty on Today at 05:31:31 AM

Bitcoin isn’t ready to top for this cycle yet, but it’s possible it has. I think it is still a market to buy though. The value is getting high to be taking on big new positions, but I don’t see any reason to stop DCA’ing.

Many folks have much expectation from Bitcoin, forgetting that fluctuation is inevitable. The last time Bitcoin made a move like this it went down to $103,000 and came back to $115k and later broke a new ATH. A month ago, the current price was an ATH, and its obvious we will soon break a new ATH before the year runs out.

I try not to get bothered about the extent of bitcoins volatility most expecially when it happens in an interval of a shorter period of time. either within a week we see bitcoin going all the way up above $118k and then expect that we are getting to a new ATH and then it later did not happen, i do not look at that as an issue because it actually is not an issue. volatility is more of a constant in the cause of an investors journey and rather than alowing it come in the way of your investment, it is only best to ignore it and focuse on a more real thing which is how best to build your bitcoin stack.

what is the bases for the statement that bitcoin is not ready to top the chart yet? for all i can see, we have seen bitcoin constantly going higher and higher for so long a time with a very little retardation which is even insignificant considering that it does not always stay long before bitcoin goes back to becoming bullish again. a slight correction of less than $8k which on a normal does not take a long time for bitcoin to do two times of that is not something that a real bitcoin investor should be worried about. relative to where we are headed to, we still have a long way to go and so, whatever looks like some sort of correction should never be a deterent to what we stand to see in the future if we keep buying and holding.

Quote from: Agbamoni on Today at 02:02:48 PM

Every time is always a good time to buy Bitcoin. This year alone should have changed the doubtful and ignorant minds to not joke with Bitcoin investment. It is what it is man.

sure. there is a lot of take away from how far bitcoin has come this year and the fact that even when people speculated that bitcoin was going to dump, bitcoin still proves them wrong. rather than allowing short term volatility stand as an hinderance to buying bitcoin, it is better to continue buying bitcoin as much as one can buy because in the nearest future when bitcoin must have gotten really bullish, the wasted opportunity that must have gone can never be recoveredd back.