If it is highly likely that 100K would be there by 2021, we should have mad buying of btc and its options right now.
I can speak for myself...
I am not going all in for the same reason I didn't go all in in 2015 or 2013.
Wasn't there some point in which you asserted that you became enlightened about bitcoin in 2017-ish, and you realized that your 2013/2015 skepticisms of bitcoin were partly due to your lack of knowledge, that you supposedly subsequently fixed...
In other words, unless you reverted, you should be more enlightened now, in regards to bitcoin than you were in those earlier times, no?
The tech is still new I am kinda afraid. It is not like in 2015 but this is more of a general fear. I am not doubting bitcoin itself. I don't have any suspicions about bitcoin's tech and its fundamentals. Some external factors are which give me fear. They are mostly governments and regulations and similar shit.
Of course, everyone should have some fear and skepticism because there are a multitude of factors playing on bitcoin..... the good, bad and the ugly.
Till 2016... I almost never invested in bitcoin from my own pocket. At least not any considerably big amounts.
Yeah, and you later asserted that your non-investment in those times had been short-sighted.
My fear barrier almost completely disappeared after the $20k ATH but I started buying in early 2017 mostly. (from $2k-$3k era) As of today, without counting any profits I made from BTC, I invested %20 of my total networth into BTC. (of course that %20 became a bigger number now since btc's price is above my average cost) In 2015 that was %0. In 2016 that was like %1.
Usually I recommend that folks invest 1% to 10% into BTC, so 20% is a bit much, but hey, everyone has differing circumstances.
Whether you should reallocate or not, might be another question. Perhaps since you started out with a high amount, there would be more justification for you to reallocate, if you had only invested a lower amount, such as 10%.
Those reallocation decisions are personal in nature, and partly have to deal with whether the remaining of your investments (outside of BTC) are sufficiently stable and some of them might need some additional injection of your BTC appreciation to make you, overall, more stable financially... Financial stability should assist you in being more psychologically stable, too.
You predicted it or wished for it? Hahahahahaha.. I think that I understand, that you had presented ideas that $20k was possible... which is just a statement of what could happen, so maybe there is no need to read into that post of a statement more than it was?
Now I feel very similar.
This can very well go above $50k, and maybe hit even $100k.
The situation I am in now is quite comfortable.
Good that you are comfortable, generally.
If it goes down too much, I have the funds to strengthen my position (my DCA's will buy more coins) or the stomach to watch what'll happen next without losing my mind. This is all because I am not over invested.
You might be slightly over-invested.. but sure, I understand that sometimes people might invest a bit more than others and still be within a wide range of reasonableness.
If it goes up, well it is just party time.
I remember it like yesterday I was thinking about buying from $5k but didn't want to. (actually I bought quite a lot from $5k, but what I really mean, I could have bought a lot more) Of course I am not happy with that decision now.
Why am I not going all in? Risk management. I need my sanity too when it reaches $100k.
I'll just follow the plan I made when I started this journey. Not going to change plans constantly, from my experience, I can say It always ends badly.
I thought that you post began badly.. but overall, you seem to be in a pretty decent place, and perhaps, since you are somewhat over-invested, from my perspective, you will feel more comfortable not to have to FOMO chase the BTC price up. On the other hand, you will still be kind of ready to buy more BTC in case the BTC price goes below certain price thresholds that you determine to be comfortable for yourself.
Poll
