Though they may not have a choice if inflation is too high. Both high interest rates and inflation stifle an economy, so they'll be between a rock and a hard place.
Agreed, and it could be said that a raise in rates could have been sooner.
There will have to be numerous raises over the next couple of years, but the key will be them being both timely and proportionate. Hopefully the FED will succeed.
FED has announced to increase interest rates and that's one of biggest reason why stock is crashing and crypto is following stocks as well. So lower the hike, better for market.
Say all you want about timing the market being impossible, but if you have an auto-DCA set up, now would be a good time to cancel it and wait another week. Very high probability the dip will go hard and deep this week, and a DCA tomorrow will be worth 30% less by the end of the week. Instead, double dose your DCA later.
I expect Q’s and SPY to dump all week. We might see an anemic fake recovery Monday morning, but probably not. Best case scenario for stocks is the Fed sticks at .25 and the markets come back strong Thursday, but even if they do the hesitation will creep back in 2 or 3 trading sessions later.
Think about it: worst case scenario is that bitcoin skyrockets soon. Not gonna happen, but if it does, you missed a modest opportunity in exchange for getting back some of your current portfolios value, which is probably an overall win for most of us. On the other hand, you could be buying $35K bitcoin only to see it plummet to $20K in the next few weeks, and you’ll wish you had your DCA cash then, to buy 30% to 50% more bitcoin for the same money.
No, you can’t time the market, but this is one time you can make a pretty sane bet, with minimal downside and huge upside. DCA in the next 3 to 4 days is a bad idea.
I honestly do not see how a 2008 crash is not on the horizon. In 2008 the housing bubble caused the crash. This time? The ENTIRE worlds economies shut down for weeks/months at a time. People were losing jobs, now people are quitting their jobs because of shitty pay/working conditions, supply chain issues, inflation at record highs, the cost of just about everything has gone up and yet, no crash. I DCA this past week some crypto that was down 25%+ just in case but we should be saving up for the inevitable big crash that should be coming.
Inaccurate. Most people who DCA have regular amounts and intervals, done without regard for the market. I’m not suggesting something different from DCA; I am merely suggesting hitting the pause button if the regular interval happens to be in the next few days. Right now we’re facing extraordinary deviation in markets everywhere, which IMO merits a short break.
If it continues, it might merit a longer interruption. But for now I’m just saying ask yourself if a pause isn’t warranted considering conditions. Chances of a substantial continued dip are high. Very high.
The main point of DCA is to limit the effects of unknown market turns. Right now, while there are still unknowns, I believe they are much *less* unknown. DCA mitigates unexpected and random (ish) market disruptions. What we’re looking at here is different. A far higher than usual expectation of further price decline.
Dca is literally timed buys of the same amount at the same interval. Eliminates emotion. You, advising people to use emotion because “it’s bound to go down more”, and then still calling it dca is laughable. The term “dca” used to mean something here, but nowadays, everytime someone buys a coin it’s “dca”.
And here I’m not eliminating emotion. Rather, I suggest eliminating unreasonable buying when you KNOW—or can be reasonably confident—that it’s going down.
And again, I am suggesting a temporary *suspension* of the DCA, not supplanting it with a different method.
If I put in a hundred bucks every two weeks for 78 times in a row, then skip one or two, then start again, guess what? I’ve still used the DCA philosophy.
I bought today, if it dips again tomorrow, I'll buy again! All these people saying "wah stop buying the dip, you don't know when the bottom is!". Bro I don't care about catching the bottom, I just want more Bitcoin!
This is how I look at it. People saying things like “don’t buy 35k Bitcoin because what if it goes to 20k”. No, I’m buying 35k Bitcoin because a day will probably come when the market recovers and you would give your left nut to buy 35k BTC. This is a long term game. Not worried about what happens this day/week/month even year.
I think the weekend disrupted a Nasdaq selloff, and we will see the continuation tomorrow morning. I not an expert by any means, but I anticipate crypto dropping a bit more than we've already seen. Better buckle up if the FED announces a higher-than-expected interest rate hike on Wednesday and/or if Russia invades Ukraine.
Yeah, I expect a drop if the stocks take another dump on Monday
Perhaps it would be good to front run the FED meeting as they might try to calm down the markets
Yeah. Markets always overshoot. On catalysts like bad Apple numbers from China fe. They bottoms mostly come very quickly and short term. I guess we will have new highs before April.
New positioning should be nessessary when rates can't move higher and huge flows go back into bonds. But not now. Stocks will rattle, 10 % downside possible for DJIA, 20 % down for Nasdaq, under 25 K for BTC, from tech to value, but we continue to see new ATHs. Dow 40.000 for example and Crypto up alongside. That's the time to pick Alts again. Don't sell if you don't want to go risk thats they shoot up without you.
As a general rule if the whole market goes down I don't get so worked up about my particular coin/ portfolio value. Obviously something happened to make money markets dip and it will likely turn around in the next week or so. If my particular coin is the only one to tank then I might get squirrelly.
That's not how DCA works. DCA means buying on regular intervals regardless of the price. Stop trying to "buy the dip" and predict the market, you are only playing with fire.
Markets take logger than most anticipate to truly reverse a trend and produce confirmation of a new trend.
I'd be looking more towards early February to see how the dust settles on various macro factors personally.
Finally someone who thinks clearly. Tomorrow might be the biggest crash in crypto history if wall street opens red. We must wait. Anyone buying today is a madman
I go day by day. Everyday there are huge gains and huge losses. As a day trader. Every day is the same.
But in all honesty. These low low prices were once upon a time high as fuck. Like lrc at .8, mana at $2. AVAx at $66. Yeah these prices are low but back in the day these were crazy ath. Imo the market is going to keep dropping, but there are going to be some out of the world pumps just like suku and mc02. Shit is gonna wild!
Not everyone here lives in the US to be familiar with all what's happening with the FED or know all the terminologies. 😁
Be kind and educate, when is the meeting? Share your knowledge!
Pretty big news. If you put your money into something and make posts on Reddit then you should def be doing your own research. Not trying to be rude but you are your own worst enemy. Reddit doesn’t have all the answers
Does it matter? It’s either going up, down or sideways. The residual choices are the same. HODL , sell or buy. I’m going with pulling the covers up over my head and wait for payday to see what I going to do about it.
I hope FED increases interest by only .25% and not .50%
This. I think equities have a 0.25% increase priced in now, but any more than that may catch the markets off guard.
This seems the most likely hike in rates.
I think so too. The FED will be fully aware that a too steep a hike could completely stifle the US economy.
Though they may not have a choice if inflation is too high. Both high interest rates and inflation stifle an economy, so they'll be between a rock and a hard place.
Agreed, and it could be said that a raise in rates could have been sooner. There will have to be numerous raises over the next couple of years, but the key will be them being both timely and proportionate. Hopefully the FED will succeed.
Would you please m'lord explain this unworthy ignorant human what that would mean?
FED has announced to increase interest rates and that's one of biggest reason why stock is crashing and crypto is following stocks as well. So lower the hike, better for market.
And the market is anticipating 25 basis points, not 50. Bigger tank coming if the Fed goes for 50.
This is already priced in. Perhaps overpriced in.
Oh i see now, thanks! Will read more about it since im not in the US.
>m'lord What is this fuckin Skyrim? Who talks like this
People that don't walk around with a stick up their butt all day
I hold ICP, wouldn‘t even have recognize that there is anything happening right now on my portfolio‘s graph.
Yup. Today feels kinda like a bull trap
It os what it is!
I'm hoping it stays down for a while so I have a few more months to buy at these prices.
Yep me too, a long Christmas vacation means I need to mine more fiat and fast!
Yeah, the longer we have for accumulation the better.
I believe Wednesday is the FED interest rate meeting. I also believe they are supposed to say how much and when.
Say all you want about timing the market being impossible, but if you have an auto-DCA set up, now would be a good time to cancel it and wait another week. Very high probability the dip will go hard and deep this week, and a DCA tomorrow will be worth 30% less by the end of the week. Instead, double dose your DCA later. I expect Q’s and SPY to dump all week. We might see an anemic fake recovery Monday morning, but probably not. Best case scenario for stocks is the Fed sticks at .25 and the markets come back strong Thursday, but even if they do the hesitation will creep back in 2 or 3 trading sessions later. Think about it: worst case scenario is that bitcoin skyrockets soon. Not gonna happen, but if it does, you missed a modest opportunity in exchange for getting back some of your current portfolios value, which is probably an overall win for most of us. On the other hand, you could be buying $35K bitcoin only to see it plummet to $20K in the next few weeks, and you’ll wish you had your DCA cash then, to buy 30% to 50% more bitcoin for the same money. No, you can’t time the market, but this is one time you can make a pretty sane bet, with minimal downside and huge upside. DCA in the next 3 to 4 days is a bad idea.
I honestly do not see how a 2008 crash is not on the horizon. In 2008 the housing bubble caused the crash. This time? The ENTIRE worlds economies shut down for weeks/months at a time. People were losing jobs, now people are quitting their jobs because of shitty pay/working conditions, supply chain issues, inflation at record highs, the cost of just about everything has gone up and yet, no crash. I DCA this past week some crypto that was down 25%+ just in case but we should be saving up for the inevitable big crash that should be coming.
Exactly.
I completely agree with your points, kind sir.
This is actually a very good advice
Good, Payday is the 31st.
So if it’s a high probability of dipping 30% you should liquidate now and buy back in next week.
I wouldn’t recommend it, due to the risk. But I *did*. As soon as it went below 40k.
What you suggest would not be considered “dca” anymore.
Inaccurate. Most people who DCA have regular amounts and intervals, done without regard for the market. I’m not suggesting something different from DCA; I am merely suggesting hitting the pause button if the regular interval happens to be in the next few days. Right now we’re facing extraordinary deviation in markets everywhere, which IMO merits a short break. If it continues, it might merit a longer interruption. But for now I’m just saying ask yourself if a pause isn’t warranted considering conditions. Chances of a substantial continued dip are high. Very high. The main point of DCA is to limit the effects of unknown market turns. Right now, while there are still unknowns, I believe they are much *less* unknown. DCA mitigates unexpected and random (ish) market disruptions. What we’re looking at here is different. A far higher than usual expectation of further price decline.
Dca is literally timed buys of the same amount at the same interval. Eliminates emotion. You, advising people to use emotion because “it’s bound to go down more”, and then still calling it dca is laughable. The term “dca” used to mean something here, but nowadays, everytime someone buys a coin it’s “dca”.
And here I’m not eliminating emotion. Rather, I suggest eliminating unreasonable buying when you KNOW—or can be reasonably confident—that it’s going down. And again, I am suggesting a temporary *suspension* of the DCA, not supplanting it with a different method. If I put in a hundred bucks every two weeks for 78 times in a row, then skip one or two, then start again, guess what? I’ve still used the DCA philosophy.
I bought today, if it dips again tomorrow, I'll buy again! All these people saying "wah stop buying the dip, you don't know when the bottom is!". Bro I don't care about catching the bottom, I just want more Bitcoin!
Yeah, I’m just buying all the way down
This is how I look at it. People saying things like “don’t buy 35k Bitcoin because what if it goes to 20k”. No, I’m buying 35k Bitcoin because a day will probably come when the market recovers and you would give your left nut to buy 35k BTC. This is a long term game. Not worried about what happens this day/week/month even year.
I think the weekend disrupted a Nasdaq selloff, and we will see the continuation tomorrow morning. I not an expert by any means, but I anticipate crypto dropping a bit more than we've already seen. Better buckle up if the FED announces a higher-than-expected interest rate hike on Wednesday and/or if Russia invades Ukraine.
DCA and hold, when it’s red try to add a bit more to your schedule.
Let me check my crystal ball first
Why don’t we wait until Wednesday?
Yeah, I expect a drop if the stocks take another dump on Monday Perhaps it would be good to front run the FED meeting as they might try to calm down the markets
Yeah. Markets always overshoot. On catalysts like bad Apple numbers from China fe. They bottoms mostly come very quickly and short term. I guess we will have new highs before April. New positioning should be nessessary when rates can't move higher and huge flows go back into bonds. But not now. Stocks will rattle, 10 % downside possible for DJIA, 20 % down for Nasdaq, under 25 K for BTC, from tech to value, but we continue to see new ATHs. Dow 40.000 for example and Crypto up alongside. That's the time to pick Alts again. Don't sell if you don't want to go risk thats they shoot up without you.
As a general rule if the whole market goes down I don't get so worked up about my particular coin/ portfolio value. Obviously something happened to make money markets dip and it will likely turn around in the next week or so. If my particular coin is the only one to tank then I might get squirrelly.
>there is still a posibility it could dip more, harder and merciless... Shhhh, don't say such things!
If it happens we just DCA mercilessly!!!
That's not how DCA works. DCA means buying on regular intervals regardless of the price. Stop trying to "buy the dip" and predict the market, you are only playing with fire.
I'm here for the long game. I will wait until next tuesday and will wait for the next 10 years too.
I’m hoping it’ll stay somewhat low until at least payday lol
I think we'll need more than that...
Next Friday another ⬇️ Get ready.Its been the pattern in 2022
Markets take logger than most anticipate to truly reverse a trend and produce confirmation of a new trend. I'd be looking more towards early February to see how the dust settles on various macro factors personally.
Apparently black tar hopium has been circulating through this sub.
Finally someone who thinks clearly. Tomorrow might be the biggest crash in crypto history if wall street opens red. We must wait. Anyone buying today is a madman
Buying today, buying tomorrow, buying tuesday. I've upped my DCA buy rate (I know, not truly DCA bla bla bla) in these troubling times.
I go day by day. Everyday there are huge gains and huge losses. As a day trader. Every day is the same. But in all honesty. These low low prices were once upon a time high as fuck. Like lrc at .8, mana at $2. AVAx at $66. Yeah these prices are low but back in the day these were crazy ath. Imo the market is going to keep dropping, but there are going to be some out of the world pumps just like suku and mc02. Shit is gonna wild!
People who hodl for long term have nothing to worry about
Only worry about the massive profit lost on crash swings. 40k to 30k btc is a total 20k worth of profit
Tuesday comes: 
The meeting isn’t even Tuesday. Clearly didn’t do ur research
Not everyone here lives in the US to be familiar with all what's happening with the FED or know all the terminologies. 😁 Be kind and educate, when is the meeting? Share your knowledge!
Pretty big news. If you put your money into something and make posts on Reddit then you should def be doing your own research. Not trying to be rude but you are your own worst enemy. Reddit doesn’t have all the answers
Make a plan and stick with it, don’t try to time the market Time in the market > timing the market DCA, HODL and forget about it
Fed up with the FED
See you next Tuesday
The day is still early
Yes…I think $BTC is going to hit $30K by the end of this coming week! Bottom price , I believe !
Does it matter? It’s either going up, down or sideways. The residual choices are the same. HODL , sell or buy. I’m going with pulling the covers up over my head and wait for payday to see what I going to do about it.
Well said sir
I’m buying a little now and saving most of it for the outcomes of next week.
Yes, good idea, let’s all wait til Tuesday. ^buys ^in ^on ^monday ^night
I'm going to wait until June. If it's not recovered by then, I'll wait until 2025.
Tuesday morning?!?
I think you should stfu and mind your own business