Quote from: CryptocurencyKing on Today at 08:45:29 AM

Quote from: Snorren on Today at 06:41:42 AM

the best time.
Sold all alts a few weeks back and will switch back into btc when the price is right.

Ideal would be around 12k, within a year from now. Do you think its possible or am i setting the bar too low to fast?
Is this just a half time dip in the cycle and we'll see another ath this year?

When they say rise and fall in the market price of a commodity especially bitcoin or cryptocurrencies, it doesn't necessarily mean that the both would go in equal capacities depending on the thriving market situation in a session. Thats very far from it, the market only tlmakes a few adjustments to ensure stability as a way of sustainability for the value attached to a commodity.

Wel, $12k is way too low for me and virtually unachievable with the level of recognition bitcoin has gained over the years. May I ask whats your criteria for setting such a target is there any notable statistical element at play?

Again, about waiting on when the time is right, no time is right neither is anytime wrong. What matters is your plans before choosing a particular investment. Bitcoin hodlers have been know to gain more so, should you invest at any point of the market, you must have patience to benefit from its growth.

Quote from: CryptocurencyKing on Today at 08:45:29 AM

Quote from: Snorren on Today at 06:41:42 AM

the best time.
Sold all alts a few weeks back and will switch back into btc when the price is right.

Ideal would be around 12k, within a year from now. Do you think its possible or am i setting the bar too low to fast?
Is this just a half time dip in the cycle and we'll see another ath this year?

When they say rise and fall in the market price of a commodity especially bitcoin or cryptocurrencies, it doesn't necessarily mean that the both would go in equal capacities depending on the thriving market situation in a session. Thats very far from it, the market only tlmakes a few adjustments to ensure stability as a way of sustainability for the value attached to a commodity.

Wel, $12k is way too low for me and virtually unachievable with the level of recognition bitcoin has gained over the years. May I ask whats your criteria for setting such a target is there any notable statistical element at play?

Again, about waiting on when the time is right, no time is right neither is anytime wrong. What matters is your plans before choosing a particular investment. Bitcoin hodlers have been know to gain more so, should you invest at any point of the market, you must have patience to benefit from its growth.

I try to play the long cycles, sell alt gains before hysteric peak, sit on cash for a couple of months and buy more btc when the price is right. I never sell btc.

It's just that it dipped approx 80% after the last bull runs so figured it would be a good entry in 6-12 months. I do believe btc will go to $1million within 20 years, so why you nagging about +-15k then? you may ask? The difference would be I would add twice as many btcs to my wallet if i get it for 15k instead of 30k.

Snorren

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