I actually hope that we stay flat like this for several more years, because each week my dad gives me $10 allowance and I like to put half of that toward bitcoin. In 4 more years, I can have 2 full bitcoin!
Hmm, that's a great model, isn't it? One can aford losing all, and can be always in a position buying when price falls.
I failed to adapt that model. Pathetically, I bot too heavy during the peak. My remaining capital does not compensate if market falls further.
What shall I do? I've got to hodl, and buy regularly to lower my average, with my affordable allowance. Any one give me some suggestions?
Another troll like post... but i will entertain it...
Yes, a rookie mistake to buy too much when the prices is high and to blow all your wadd in exuberance... yet with bitcoin, you will get your money back, sooner or later, as long as you do NOT attempt to trade... b/c you likely do not know what the fuck you are doing.. like most traders.. and attempt to continue to buy in ... in order to keep bringing down your average buy in price.... in the end (maybe a day or maybe 2 years) the odds are pretty great that BTC prices are going to go to a new ATH.. and then you can either cash out b/c you do NOT know what you are doing.. or just cash out some or just continue to stay in BTC... probably it is good for you to come to your own judgements about this and to continue to monitor the extent to which you want to get out or to redistribute your total investment portfolio