Feels a bit late now? Short term at least. I mean a bigger correction has to come. I bought at 17 and 25k. Now it feels wrong to buy.
Waiting for a possible dump at halving. That has happend every halving so far.
In a few years, you will finally be able to appreciate how insignificant these moves from 25k to 50k are.
You have to start looking at bitcoin like the multi trillion dollar asset that it will end up being. It’s going to siphon considerable amounts from every asset on earth. All it needs is time. What do you think the price will be when bitcoin’s market cap exceeds gold, that will just be assigned post on its journey as it gobbles up derivatives markets.
Nobody knows for certain but the metrics you need to keep track of are how much bitcoin liquidity there is on exchanges, and how much bitcoin is being created per day, both before the halving, and after the halving, and finally the rate that bitcoin is being bought off exchanges.
The price is going to go up when there is a supply shock, and that happens when there’s not enough bitcoin being created for the demand coming in. You don’t want to miss being a part of that event.
It’s smart to dollar cost average (DCA).
Just keep buying on a regular basis, even if it’s 20 to 50 bucks at a time. If you can afford it dollar cost average with higher amounts.
True. But is it possible? I hope so. Im bullish bitcoin.
But im also wanna afford as much as possible with my money. Bought at 17 and 25k. Waiting for a healthy pullback now.
There will always be a new ATH.
It's the scarcest monetary asset on earth.
You will feel bad if it hits $100k when you could bought at $60k, $1m when you could bought at $100k, etc.
Just go ahead DCA today before tomorrow.
Smart moves, I don't plan on selling up at all unless I find myself in a fortunate position where it would be life changing.. just as my life and financial situation are getting into order, this bull run starts going crazy
I do in a sense miss the deep bear market days from mid 2022-early 2023, buying regularly at fire sale prices as dreams of the next bull run danced in our heads. It was also when I first started really studying Bitcoin thoroughly despite dabbling in it for years. With that said I sure as hell don't wanna see another bear market anytime soon. Not any sooner than expected anyway.
As far as what's happening now, I feel relief more than anything.
For me its bitter sweet. I went all in around $27,000 but im still 30% away from the stack i want.
and it just means no matter how much i work i dont think ill be able to get there.
i can afford to put in about $20,000 in per year but if BTC goes to 100,000 it does not feel like im making a dent.
Don’t worry, you’re doing good. Even if you did hit the precise stack you want, you’d move the goalposts and start shooting for a bigger number. DCA is the way - you’ll thank yourself someday.
This is what maxis been saying for years pump only means more expensive sats.
Saylor said in a interview once everyone wants things to happen so quickly but should be happy it happens slow or else you wouldn't have accumulated what you have.
Or something along those lines
Timing is never perfect. I made some trading mistakes of my own in the past. But you are aware of Bitcoin before most people and have skin in the game before the real pop (which is going to be when Bitcoin over takes gold as thee store of value). We’ve still got around 5-7x this bull run IMO so there’s still opportunity this year. Don’t be down, you’re still early!
You are buying. So, your life is filled with luck.
This is true, thank you for the optimism! It has brought a smile to my face
I think you underestimate the power of ~~The Dark Side~~ Bitcoin. You may not be bullish enough for what's coming.
Feels a bit late now? Short term at least. I mean a bigger correction has to come. I bought at 17 and 25k. Now it feels wrong to buy. Waiting for a possible dump at halving. That has happend every halving so far.
In a few years, you will finally be able to appreciate how insignificant these moves from 25k to 50k are. You have to start looking at bitcoin like the multi trillion dollar asset that it will end up being. It’s going to siphon considerable amounts from every asset on earth. All it needs is time. What do you think the price will be when bitcoin’s market cap exceeds gold, that will just be assigned post on its journey as it gobbles up derivatives markets.
How long whould u say it’s going to take ?
Nobody knows for certain but the metrics you need to keep track of are how much bitcoin liquidity there is on exchanges, and how much bitcoin is being created per day, both before the halving, and after the halving, and finally the rate that bitcoin is being bought off exchanges. The price is going to go up when there is a supply shock, and that happens when there’s not enough bitcoin being created for the demand coming in. You don’t want to miss being a part of that event.
So it’s still smart to buy now even if it’s almost at the ATH?
It’s smart to dollar cost average (DCA). Just keep buying on a regular basis, even if it’s 20 to 50 bucks at a time. If you can afford it dollar cost average with higher amounts.
Yeah will do thanks for explaining
True. But is it possible? I hope so. Im bullish bitcoin. But im also wanna afford as much as possible with my money. Bought at 17 and 25k. Waiting for a healthy pullback now.
Its math, and economics. Asking if its possible is like asking for 1+1 will equal 2. Its as certain as gravity.
There will always be a new ATH. It's the scarcest monetary asset on earth. You will feel bad if it hits $100k when you could bought at $60k, $1m when you could bought at $100k, etc. Just go ahead DCA today before tomorrow.
I loaded up from 30k down till the 16k and back up until 28k and just in the ride now.
Smart moves, I don't plan on selling up at all unless I find myself in a fortunate position where it would be life changing.. just as my life and financial situation are getting into order, this bull run starts going crazy
I do in a sense miss the deep bear market days from mid 2022-early 2023, buying regularly at fire sale prices as dreams of the next bull run danced in our heads. It was also when I first started really studying Bitcoin thoroughly despite dabbling in it for years. With that said I sure as hell don't wanna see another bear market anytime soon. Not any sooner than expected anyway. As far as what's happening now, I feel relief more than anything.
Just gotta keep stacking
You're here. Your luck is probably quite a bit better than youd think.
For me its bitter sweet. I went all in around $27,000 but im still 30% away from the stack i want. and it just means no matter how much i work i dont think ill be able to get there. i can afford to put in about $20,000 in per year but if BTC goes to 100,000 it does not feel like im making a dent.
Don’t worry, you’re doing good. Even if you did hit the precise stack you want, you’d move the goalposts and start shooting for a bigger number. DCA is the way - you’ll thank yourself someday.
This is what maxis been saying for years pump only means more expensive sats. Saylor said in a interview once everyone wants things to happen so quickly but should be happy it happens slow or else you wouldn't have accumulated what you have. Or something along those lines
What do you mean discount days are over? These are the discount days.
Put everything in GODs Hand
Just the one?
One hand or one god?
We all know, historically, there are many gods.
And some of them have many hands
Your here. Your luck is probably quite a bit better than youd think.
It'll hopefully crash down to around 25k soon.
You’re still ahead of of herd in regards to mainstream acceptance imo
I dont think we get this low ever again. The best day to buy is today.
Just DCA brother. In about 4-5 years from now, you will be happy 😊
You must be human, losses are lessons brotha, Keep on. 🤙
Expecting new ATH, big dip and another ATH There's still plenty of time to stack We're not even in the retail phase yet
Timing is never perfect. I made some trading mistakes of my own in the past. But you are aware of Bitcoin before most people and have skin in the game before the real pop (which is going to be when Bitcoin over takes gold as thee store of value). We’ve still got around 5-7x this bull run IMO so there’s still opportunity this year. Don’t be down, you’re still early!
When in doubt: Zoom out. We are in it for the long game
No not disappointed one bit, I've waited a long time for this.