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Author Topic: Bitcoin bull run 'getting interesting' as BTC price hits 6-week high  (Read 833 times)
Jating
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October 06, 2022, 11:49:31 AM
 #81

I certainly agree with you, better play it safe if we don't have the capacity to understand the market behavior and never make ourselves stressed.
+1 in here , I am safer than anything because I am holder and will keep holding for the rest of Halving .

Playing it safe is always going to be subjective, but as long as you already understand the risk from the get go (investing money you know you can always more or less buy something with today for something you hope will do much better many years from now).

DCA is the safest and least stress free method, if you don't put everything in it, and only use spare change. Doesn't make it a guaranteed bet though.

Best of both worlds is to DCA and keep spending enough BTC to enjoy what you reap. Every little bit of utility goes a long way to strengthening fundamentals next halving.

Yes, DCA is one of the coolest method, I mean it's not that complicated, and as long as you have the money to buy weekly then it wil be worth, as long as you are into for the long haul.

And it we look at the next bull run or the catalyst, the halving, we are still very far, and with that the opportunity is still with us to accumulate thru DCA or whatever method that suits you without getting stress.
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October 06, 2022, 06:31:43 PM
 #82

I hope those people will listen to you and have them save. But I guess what, people like them will think that investing in Bitcoin is like gambling and the pertain of having luck even without doing an analysis believing that Bitcoin will grow all the time. Unfortunately, that was not the real thing to happen around as dumps can be somewhere and it comes without telling anyone.
if we can only tell and let others to follow us to Hold and never sell everything in the time being till it recovers but we knew this will never happen because we all have our own way to invest and use strategy.
If only that's possible then the recovery rate of btc is going to be much faster, especially if it teamed up with buying but I think it can only happen in our dreams since like you said not all of us are not the same. We don't know if those who sell are badly needing a cash for something that is more important than hodling a crypto so it's better if we won't be selfish and don't think negatively about them.

Btc value can still recover anyway even if not now or if let say the recover rate is only slow. The best part of it is that it teaches us people on how to stay patient but now that we are in the last quarter things are 'getting interesting' here in btc.

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October 06, 2022, 10:37:05 PM
 #83

Less positive today as we fall below the 2 day average, its still above weekly and monthly averages and probably the biggest widest measure is we contend with the 50 day average back and forth.     I couldn't say its really for sure which way we go but theres a good chance for BTC to continue positively here, struggle though it might be its an honest fight.   Overall I find BTC resilience beyond expectations of some and this much will surprise them in the end.

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BuNga_cute
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October 06, 2022, 10:49:13 PM
 #84

I hope those people will listen to you and have them save. But I guess what, people like them will think that investing in Bitcoin is like gambling and the pertain of having luck even without doing an analysis believing that Bitcoin will grow all the time. Unfortunately, that was not the real thing to happen around as dumps can be somewhere and it comes without telling anyone.
if we can only tell and let others to follow us to Hold and never sell everything in the time being till it recovers but we knew this will never happen because we all have our own way to invest and use strategy.
If only that's possible then the recovery rate of btc is going to be much faster, especially if it teamed up with buying but I think it can only happen in our dreams since like you said not all of us are not the same. We don't know if those who sell are badly needing a cash for something that is more important than hodling a crypto so it's better if we won't be selfish and don't think negatively about them.

Btc value can still recover anyway even if not now or if let say the recover rate is only slow. The best part of it is that it teaches us people on how to stay patient but now that we are in the last quarter things are 'getting interesting' here in btc.

We do have to learn to be more patient when investing in Bitcoin, sometimes recovery doesn't always go fast. Moreover, I agree with what you say,
that everyone has different thoughts and plans. So it's impossible to expect all investors to hold their Bitcoins and not sell Bitcoin at low prices.
Instead of spending our time thinking about something negative, it's better for us to stay focused on collecting as many Bitcoins as possible.
Especially if we study the history of Bitcoin movement, where Bitcoin can always recover, and that should be enough for us to believe that Bitcoin
will definitely recover. As you said, it will be more interesting to see Bitcoin's performance as we are now nearing the end of the year.
Hopefully something good will happen in the last quarter.

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October 07, 2022, 03:51:32 PM
 #85

if we can only tell and let others to follow us to Hold and never sell everything in the time being till it recovers but we knew this will never happen because we all have our own way to invest and use strategy.
It is clear that we are going to have some trouble in the long run, it is not an easy thing and it will take time for it to reach there as well. We shouldn't really worry about others selling as long as we are buying, it means that they are going to be the ones who lose money and we are going to be the ones who make money and that's fine.

I feel like the best thing to do would be let them sell, so the price drops, and buy it when the price is low, and then we could make a profit from it when the bull run comes. There is no shred of doubt in my mind that we are going to break over ATH again, which means buying at these low levels are great profit for all of us.

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