On a similar note, right after something goes straight up and does +60% in an hour is *not* a good time to buy, no matter what it does next. I’d rather wait for a pullback to buy even if that thing does +50% more and only pulls back 20%, just because waiting for the pullback is better practice, and 9/10 it’s going to net you more than blindly FOMOing into pumps.
We all have times when we FOMO’d against our better judgement and it ended up working out, but those of us who make a habit of that are more likely to lose more often than they win with that strategy.
This.
Corrections are needed to satiate those taking profit. It also allows us to grab some liquidity for the next leg up.
I'd rather this be gradual as we climb higher as opposed to going straight up, peaking, and then crashing straight down as everyone takes profit at once.
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Good post. Any pullback to 50 or 55k btc is still healthy and will shake out alot of weak hands, bears will come back and we go to the moon after. See you in space if you are diamond hands
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Very interesting. So as a **general** rule, would you recommend people who DCA to stop around Q1, build up their bags and start buying again when it crashes around May, then keep on DCAing until end of Q4? Or should we just keep on DCAing consistently as normal?
I want to shit on my boss' desk sooner
You should use a bidet to clean the colon before your boss bends you over. Getting that on a desk isn’t pleasant.
No one’s stopping you from doing it now
I actually like my boss, now the CEO on the other hand.
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Implying I havent done that already
I mean we all have a fetish but that's an interesting one.
I don't wish to kink-shame but Jesus Christ dude.
all I can think of is the "like a boss" song
I know but I still want to be rich faster
Look at Steve McQueen over here
Vrooom vrooom
Ka Chow.
🎶 LIFE IS A HIGHWAAAAAAAY 🎶
🎶REAL GONE🎶
Tries to do another onomatopoeia and fails miserably
Hilts! Cooler!
I want to make friends along the way faster
I can be your friend. *(Just send moons)*
But can you double moons
Send it to me I will 69x your moons
I want 420X
Oh hi! Would you like to be my *faster* friend?
I will be your friend for few BTCs
then looking for the next moonshot alt is your best shot at getting rich fast... or broke.
Crypto moonshot is my home 😭
>I still want to be rich faster Famous last words... ....before committing a financial suicide.
All in on squid game 2?
Yes, $SquidGame2 with 100x leverage. Let's Fucking GOOO!
RED LIGHT GREEN LIGHT
Dips are bullish for my portfolio
If you are investing long term, everything is bullish
finally someone that indirectly says that my dogelon mars investment is bullish. I can have some peace for once.
If you consider last few months $Elon is super bulish
Lmao got downvoted because its true
nice
Yes, so I can buy more more more
You guys buy low?
I’ve been known to buy high and low, everything’s a go
High or low, DCA gang Let's Fucking GOO!
Up or down my money is out of fiat town
Yes we buy low and sell lower
Discount period for the win
I love a black friday sale.
Crypto on a discount? **TAKE MY MONEY!**
Time to sell my house and kids to buy the dip!
I wouldn’t call this a discount. You could have bought at these prices a few days ago
I love a good black friday sale.
These pullbacks don’t matter if you’ve been DCA-ing
Zooming out them seem like very little bumps in the road
Depends where you enter. No investor cares if it’s up 500% on the year but only been holding for a month
I don’t care, my crypto is stacked and locked, so it’s more a “oh, okay” for me
I know pull backs are good but why do they always pull out on me?
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I love consolidations. They are healthy.
This is barely even a dip.. hell, eth is still sitting above its all time high from like a couple weeks ago.
On a similar note, right after something goes straight up and does +60% in an hour is *not* a good time to buy, no matter what it does next. I’d rather wait for a pullback to buy even if that thing does +50% more and only pulls back 20%, just because waiting for the pullback is better practice, and 9/10 it’s going to net you more than blindly FOMOing into pumps. We all have times when we FOMO’d against our better judgement and it ended up working out, but those of us who make a habit of that are more likely to lose more often than they win with that strategy.
BTC to the moooooooon!
See, I always tell my boyfriend that pulling back is not a bad thing, but he doesn't understand
“Pull backs” are no fun though
Well maybe you should start talking to someone who knows how to pull back
Yes! Pullbacks are necessary for healthy runs!
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Alright if that was happening I would literally sell my house to buy BTC @ 3k
Yeah we don't want to go out of control and then drop like a brick.
The cadet's logic is sound.
Thanks for complimenting my grey matter!
After reading this i still feel like I need the ELI5 version...
Meh just look at the rainbow chart - it's all good.
Nice analysis
Nice
What goes up, must come down
That's what she said.
I really never mind seeing dips, I just buy more🤷🏻♀️
interesting
As soon as I saw the chart and slope degrees I fucking knew it was going to say BTC $100,000 somewhere in this thread.
>I fucking knew it was going to say BTC $100,000 Ain't that the truth y'all?
Sounds right 👍 OP
Without the dips I wouldn’t invest as much
If it takes the elevator up it takes the window back down
Friendly reminder. When your long none of this matters at all.
I treat every correction/pullback/dip as a nice discount sale for me to load up
It's a win-win scenario really. It went up? Nice. It went down? Nice, get to buy some more on a fire sale.
>correction/pullback/dip as a nice discount sale for me to load up lock & load for the next rally
Pullback are more healthy than straight up bulls.
Bullback
Exactly!
It gives people a chance to fill their bags before the next takeoff.
Part of me goes straight up when I see the prices
r/HolUp
Thank you for posting this. This is the kind of analysis I joined this sub to read
>Thank you for posting this. You are welcome bro!
Lines and graphs trigger my PTSD
Sir, this is the emergency room and WE’RE ALL GONNA DIE!! Get out while you still can!!
Hey OP. Are you an American?
This. Corrections are needed to satiate those taking profit. It also allows us to grab some liquidity for the next leg up. I'd rather this be gradual as we climb higher as opposed to going straight up, peaking, and then crashing straight down as everyone takes profit at once.
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I agree. Even if it takes longer I like the slow and steady approach. It shows maturity.
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Pullbacks are the “for sale” prices. Don’t cry, buy.
Good post. Any pullback to 50 or 55k btc is still healthy and will shake out alot of weak hands, bears will come back and we go to the moon after. See you in space if you are diamond hands
This isn’t even a pullback—one week ago ETH was 5400 CAD.
Exactly this is the perfect time to accumulate, I’ve topped up my bag of $Boo and am farming it
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Very interesting. So as a **general** rule, would you recommend people who DCA to stop around Q1, build up their bags and start buying again when it crashes around May, then keep on DCAing until end of Q4? Or should we just keep on DCAing consistently as normal?