I never said I thought there would be another ATH this year? Plan is to hold for 10-20 years.
I decided and put my buy order to little over 20k and now I wait. I can wait for a year or so, by then it should be obvious if I was too greedy or not.

Aha good point!

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.

You're right, I'll do that between 24,18 and 12k.

I don't understand why you must be so rude? And fud? Im talking about buying btc...It's not my first bitcoin purchase, that is why I have patience and don't fomo in at any price. -80% has been seen many times before. Btc was 10k in September so it's not exactly a mad idea...
 

Hmm yes my initial plan was 20k but then I got a bit greedy. Perhaps you're right, perhaps I should put a buy order of 75% on 20k and 25% at the hope price of 12k.

Hehe yeah I wish for it. But an -80% from high to low isn't really that crazy looking historically, both 2015 and 2018 bull runs ended with -80% correction.
Now everyone will say its different this time, institutions, tesla etc etc yeah i don't really think so. People still have their greedy pants on right now that's why it seems unlikely but in 6-12 months of red candles things might change.

But what do I know, looking back in 6 months when btc is 200k I might laugh at myself for not buying at 30k, or if in 9 months when btc is 12k I think im a genius.  

Hi guys,

Looking to purchase some btc in the coming year and looking for 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?


I'm bearish by nature and I have patience so I'm not rushing to buy right now, but I'm interested in what your views are.

Thanks
 

I think we will have a proper "spring 2018" cleaning. In 2017 it was the ICO craze, this time it was NFT and meme coins, equally shit.
Still no one is using crypto for anything other than buying and selling crypto. Crypto is currently only solving problems experienced when using crypto.
In few years it will be different.

Sold all my large-mid caps alts 3 weeks ago for euro. I will buy btc when/if price goes below 15-20k, I'm not in a rush.

Yes but hopefully the investors are becoming more careful with investing in shitcoins after reality appeared in crypto in the last few months. I said in December on this forum that I thought 90% of all tokens would drop 90% and everybody got angry because I was fudding but that's pretty much what happened. So I'm with you against shitcoin pumping, but a flow of money into large and solid tokens/coins during 2018 will hopefully be more based on reality as project will start to deliver/fail during 2018.

Hopefully we've touched the bottom and this is a genuine bounce back up. What's your take on the development of total crypto mc during 2018?
Personally I'm thinking we're going to see 800 billion in august and in autumn/winter an acceleration with 1.2-1.5 trillion EOY.
What do you guys think?

Sold everything 2 weeks ago, didn't buy into latest dip thinking this isn't over yet, despite itchy buy finger.
Im hoping to increase my coinfolio 2-3x.When btc closes in on 6200 again I will start buying and I'm thinking it might go as low as 4800-5400.

If we start hitting those levels and the fact that its a repeating drop would cause many alt holders to panic and really dump. I will be waiting with fresh fiat.

I would advise people to stick with larger coins/tokens, a btc will always be a btc but a trx will be 0 if the global economy starts turning.

If you own coins that you believe will succeed in 5 years, what's changed? The only parameter that has changed are other peoples comfort levels.
It's the stress management that makes money, when the situation is scary that's when to step up, clear your mind and prey that your ballsy move will become a success.

If you only act within your comfort zone you will behave as the rest of the market, and everyone knows that the majority of people will never become rich.


If you need the money, quit and risk selling out at low price. You can jump in back later, perhaps even cheaper than now. Or the opposite

If you don't need they money, wait for confirmation that the downtrend is broken and buy more.

I don't think we're out of the bush just yet. Next dip people will freak completely since they thought moon was scheduled to happen now. When btc goes below 6k i start buying and when confirmation on bull market im buying for the rest.

Wall street and institutions will stack up on crypto for a couple of weeks/months now. When they are done hoarding they will allow and promote the general public to invest in crypto with the click of a button.
That's when the real bubble will occur.

I will buy a lot of btc when the market starts turning. But I rather buy on strong confirmation than too soon since I believe the market will drop quite a lot more.

This is not the bottom. There are still shitcoins valued at +$100 mill with no real product. It also depends on the stock exchange, it prices starts falling ppl will take crypto profits as well.

I'm not buying anything til I see confirmation on btc trend change. Hopefully that happens at 3-4k so I can fill my pockets.

I have sold 80% of my crypto holdings. I think 90% of tokens will drop 90% the coming 6 months. I will buy more again when the market starts turning.
If you have fiat on your pocket a correction is an opportunity to make money again.


Two reasons for being bearish.
1. Stock markets are likely to fall this year. Have been hitting ATH for a while now. A financial 'crises' is overdue, perhaps 2019 and stock markets usually drop slowly 1 year before. More uncertain investments are sold first.
2. Previous valuation was totally crazy. Any little shit token could be valued at $200 mill , without working product or any profits. A regular $200 mill. company is a pretty large and successful company.

So I think prices will drop a lot during the coming year and for the large ones bounce back a bit. The big ones will be back at January prices in a year.

Don't think about what could have happened if you sold earlier, a profit is a profit. Just learn to next time to take more profits while everything is going well.
Investing is for life so more chances will come!

I think you are over-diversified. It's unlikely that one will find 15 really great coins. Even more unlikely that the best timing for buying these coins would be during the same month.
You could have bought and held eth or neo for 3 months and just lost money if you had bad timing, same with any coin. Long term - product quality. Medium term - Market state. Short term - Coin price state.

It doesn't matter if you buy a great coin if you only hold for 2-3 months and either bought when the market was ATH or bought when just that coin hit ATH.

Personally I hold 5 alts + btc. Each of them is according to me the best coin for that time period.

1 very long term (3 years)
3 medium term (6 months)
1 short term (1-2 month)

If you find a good looking coin, follow if for 2 weeks and to learn it and wait a good op to buy it. Perhaps do nothing but sell off some coins and convert to fiat to buy it in the next market dip.
Never rush-buy any coin. Its better to miss out on several coins than to sit with a big bag of ATH buys.

If you do good research on every coin, price fluctuations won't  affect you as much. Just trust your analysis.
I have had very good gains in my investments and I have never bought ICO. I buy it 3 months after ICO when I can see some results and not only ICO hype and talk. If something goes up 3000% from ICO I only get maybe 1500% but I never lose money.

"You see nothing in the ideals and principles of crypto, or even use of their technology and potential." How can you come to this conclusion? Based on what? The fact that I think the crypto market is extremely overvalued and will sell out before the crash so I can support my family?
Right now one could put a turd on the blockchain and market it as "the first AI-based turd for a decentralized future" and sell tokens for 1 million USD. Without working turd platform, just the whitepaper. Fucking TRON is valued at 10 BILLION USD without a product??? Cardano has a dream, a wallet and whitepaper, valued at 23 BILLION USD. It makes no sense at all.

Many hardcore enthusiast believed in the internet as well and went bankrupt. Them staying in the bubble for the crash didn't really help the development or themselves.
I don't day-trade or buy hype projects. I only own tokens I believe in long term. I spread the word daily about the crypto future and encourage my programmer friends to start learning about coding blockchain implementations.

But of course, you seem to be very eager to judge people so it doesn't really matter what I say.

Guys right now it's easier and faster making money in crypto than robbing banks. This won't be forever, as much as I'd like my own money printer to keep operating forever.
I have a financial goal, when that's reached im 80% out of crypto and into stable investments. Regardless how much there is still to gain.
Hopefully the machine keeps running like this for another 6 months.