Why? Because the way the world goes, people will want to see BTC at $100K. And after that, they will want to see BTC at $1M. BTC is the future, gold is the past. It's all possible folks. I'm a HODLer since 2013 and haven't sold a bit. If I can do it you can do it too  I wish I could do but my hands and minds really shaking and sometimes we need to spend some of it. I don't hold Bitcoin for a life-time, I instead enjoying it. I use to buy stuff, converted it to fiat money. But what you did is exemplary, it is only a few people could do that especially when it comes to investment. I would like to ask you until when you will keep on holding? Well, I hope you enjoy doing this. Because when the time that price reaches $100k, I gonna sell-off my entire Bitcoin. All one? Why not go for the $1.5M bitcoin or the $10M and $100M btc in 12years  |
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I hear people say this all the time. Then when it crashes down to that level I tell them to buy and then they say "It's crashed I'm not putting my money in that!?!?" and then when it rockets up again they will claim to wait for it to go down again.
Excuses won't make you rich...
I would never say that, I just didn't have enough dollars when bitcoin was at the bottom. My experience is that most would be in fear and not do it. If you would, then that would make you a good investor. |
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My calculations show that the correction from 58 400 to 43 000 is 26.3%. This doesn't even qualify for a significant 30%+ correction! And the claim that this is the end of the bull cycle is too premature and quite bearish. The support down to 40K looks pretty solid compared to the sell pressure, if we look at the depth charts of the main exchanges (even Bitstamp). So most probably we are going sideways for some time before resuming the bull run. My bullish expectations are 150-168K at the end of June and 333K-400K at the end of the year. The worst I can imagine for this year is half of the latter prices, i.e. 84K in June and 168K at the end of the year. However, we are on the track for the first scenario, and these 2 little corrections only improve the chances for that. #provenbymathandscience
I hope you are wrong dude, I pray to god that bitcoin goes back to 10 thousand and can buy more. I hear people say this all the time. Then when it crashes down to that level I tell them to buy and then they say "It's crashed I'm not putting my money in that!?!?" and then when it rockets up again they will claim to wait for it to go down again. Excuses won't make you rich... |
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The TradingView bullshit technical indicator thing has now flipped from 'buy' to 'neutral'. The last time this happened it was an extremely bullish indicator. Let's go!!!
I'm ready for $200k btc 😎 |
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Proudhon why don't you sell your house, car and dog and go short on BTC with 1:1000 leverage   |
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Where the weak hands at yo?
I just BTFD cos I’m a strong handed MF!
Thank you! I bought some of the dip too.... Will go up soonish(tm) |
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As much as possible sell the highest price, however, the problem is we don't know what will be the highest price is. Thus, in my opinion, you don't need to wait for the peak price because there's no way we can predict that but instead sell on the mark that you think you'll get a pretty decent amount of profit. It is highly recommended for you to have a Target price and don't be greedy or seek more because usually, you might lose the opportunity if you longing for more. You could just procure when the price tends to go in a correction then hold it once again if it is not enough for you.
If you do find yourself over the top then sell anyway because it’s going to go down down down..... |
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I will only sell what I NEED to sell otherwise im in HODL mode.
We can can all pick a number that we think Bitcoin will be at but it doesnt
matter because the majority of us will HODL well past that price.
Not even $150k is the end game.
+1 I have some early profit planned since 2013. Then some pre-crash sell. Then a buy back when at the bottom of the crash. HODL with >80% of my funds. Next round will be a million per BTC |
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Ehi wo gang, I have been a little bit out of WO flow recently, but I read this big news from JPM: JPMorgan Says Investors Could Make Bitcoin 1% of Portfolios
“In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio,” strategists including Joyce Chang and Amy Ho wrote in a note Wednesday.
JPM says a lot of things about bitcoin, but you can bet that bow they are ready to sell some shitty bitcoin related product to their clients bow, so they are trying to convince everyone it is a legit product. In addition to that a very bullish thing to me. When I decided to buy bitcoin I made a few back of the envelope calculation. The first one was about gold parity, pointing to 350k dollar at the time (now more in the 500k region). A second one was about the answer of the following question: what if everyone put 1% of their financial wealth on bitcoin. So a few computation (getting updated figures for gold parity consistency): World financial wealth (Credit Suisse 2020) : 360 Trln 1% : 3.60 Trillion This has to becdivided over 21 million bitcoins (I want a conservative number) Target price: 170,000 USD Not bad. Bullish. My body is ready. if $3.6 trillion get invested in btc, it would send the price beyond the oort cloud, which again would result in a way higher market cap. a dollar invested means more than a dollar added to market cap. 1% of global wealth will never make it's way into bitcoin. I don't even need to do my calculations to have confirmation of that. Marketcap fallacy |
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Its always the right time to buy. If you think bitcoin will be higher than it is on a given day at some point in time in which you are willing to wait for than cost average on the way down or on the way up, either way no sense trying to time crytpo markets. Its a losing strategy trying to bounce completely in or out of the market. Buy all the dips This cost average strategy is what I will be looking into next... Already my prediction seems to be failing.... It made a mockery bull run then went all down hill again.... Is this cost average strategy not the same thing as buying all at once at the same time?? Hang in there. There is a positive upward thrust coming. HODL for now... Dollar cost averaging is a strategy where you buy/sell at fixed intervals to spread the price... |
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I need to know 2020 bitcoin havling happened then bull run commenced. so 2024 again so what is the reason behind bull run and bitcoin halving ?
Halving halves the supply. ATH is about a year after the halving every time. Why? NFC |
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Looking at history you are looking at a 200% to 400% profit if you aren’t too greedy and GTFO in time...
200% would be a good goal...
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This sounds like it will attract gamblers and bankrupt most... GoldRush 2021 yeeehaw,!!! |
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Currently, the price has reached $ 44K and it looks like the correction and decline are continuing. Will the market recover in March? Or do I have to wait up to the $ 35K level to buyback?
Apparently March is a traditional sucky month but we have a 4-6x increase coming if history repeats itself... I wouldn’t wait to long with the buyback. Optimizing your coins now can make you miss the train. Don’t be greedy. HODL to the top... then sell and buy back in 300 days at 35k or so... That's true, this time of the year isn't the best for the price of bitcoin. However, this new low may attract more people or organisations to join the race and buy some coins. Tighten your seat belt, it's gonna be a wild ride soon to the new ATH  The new low at $35k after it came down from well above 100k will be scary as fuck but that’s how you make money. You should down a bottle of whiskey and go for it and don’t look back until at-least after the halving... |
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Tether is a safer investment than bitcoin. Scientists, like myself, have confirmed this.
They should call you proofless |
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Same for me hodling since 2013. Should have bought and mined more  I wish I had never stopped mining for at least two years after it appeared to be not that profitable. That relies on having a really bullish outlook which I lacked overall, not that I was negative but I cant say I knew for sure the direction and way price goes lax sometimes then peaks like just recently. That said I dont think its certain to go onto 80k this year, I do think these bigger estimates require time and higher prices need a broad base to reach higher. I hope as previous Im bullish on ascending lows, the peak frothy action is much harder to call and its erratic. I stopped thinking mining 0.02btc a day on a GPU wasn’t worth it. $1000 a day in today’s money.... Looking at the charts I think that 90k stable is easily achieved. 190k-220K top but that will be the FOMO driving that push... |
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Credibility? Not much but I bought my first Bitcoin in 2013 and I've been watching the market for a long time. Just putting it out there.
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Same for me hodling since 2013. Should have bought and mined more So meaning both of you are still Holding since 2013 ? Common man seriously ? have not tempted to sell off recently ? when the price rose up to 58,000? or even when the price went up in 2017 ATH of 20,000? Yup I held through through those dips. So went through the emotional “I’m fucked, will it ever recover” cycle quite some times. My funds all safely offline to prevent hacks and exchanges going bust. Recently I bought for $2500 and sold a bit of the $25k it became. In effect making all my Bitcoin endeavors forever profitable. For me it’s money I never missed and I’m only getting out partially when set for life. Even without Bitcoin I’m in peak financial position. I’ve always viewed it as a lottery ticket, not as spendable money... But yes it’s accumulated nicely ... have plans to actively gain more this cycle... That's very inspirational, I hope someday my I have a good source of income that I will be able to hold my bitcoin earning for longer term. It's good to invest but it's bad to just risk everything in bitcoin without having savings in life, that's what I learn so I'm working hard to be able to invest easily. Buy at the bottom... in about 15 months. E.g. 1 BTC @ 35k Forget about it for 10 years and it should have gone up and down like 35k -> 1M -> 200k -> 5M is within those 10 years... 5M is a low estimate 58k -> 46k -> 35k -> 20k -> 10k -> 11k -> 5k -> 3k -> 4k -> 1k -> irrelevantcoin (2023) I'll throw you some pennies from my G650 |
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Credibility? Not much but I bought my first Bitcoin in 2013 and I've been watching the market for a long time. Just putting it out there.
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Same for me hodling since 2013. Should have bought and mined more So meaning both of you are still Holding since 2013 ? Common man seriously ? have not tempted to sell off recently ? when the price rose up to 58,000? or even when the price went up in 2017 ATH of 20,000? Yup I held through through those dips. So went through the emotional “I’m fucked, will it ever recover” cycle quite some times. My funds all safely offline to prevent hacks and exchanges going bust. Recently I bought for $2500 and sold a bit of the $25k it became. In effect making all my Bitcoin endeavors forever profitable. For me it’s money I never missed and I’m only getting out partially when set for life. Even without Bitcoin I’m in peak financial position. I’ve always viewed it as a lottery ticket, not as spendable money... But yes it’s accumulated nicely ... have plans to actively gain more this cycle... That's very inspirational, I hope someday my I have a good source of income that I will be able to hold my bitcoin earning for longer term. It's good to invest but it's bad to just risk everything in bitcoin without having savings in life, that's what I learn so I'm working hard to be able to invest easily. Buy at the bottom... in about 15 months. E.g. 1 BTC @ 35k Forget about it for 10 years and it should have gone up and down like 35k -> 1M -> 200k -> 5M is within those 10 years... 5M is a low estimate |
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Currently, the price has reached $ 44K and it looks like the correction and decline are continuing. Will the market recover in March? Or do I have to wait up to the $ 35K level to buyback?
Apparently March is a traditional sucky month but we have a 4-6x increase coming if history repeats itself... I wouldn’t wait to long with the buyback. Optimizing your coins now can make you miss the train. Don’t be greedy. HODL to the top... then sell and buy back in 300 days at 35k or so... |
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Since we grow an order of magnitude each 4 year cycle. $1-2M BTC in 2025-2026 isn’t as much as a pipe-dream as some might think.
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