bitcoinPsycho
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$120000 in 2024 Confirmed
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April 20, 2022, 12:41:12 PM |
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I think I've jinxed it
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wachtwoord
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April 20, 2022, 12:42:22 PM |
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Lol "experts" 😅 That term only has ironic meaning left it's been abused so much these last decades and it's going crescendo.
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ImThour
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Bitcoin Bottom was at $15.4k
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Bitcoin Realized MarketcapRealized capitalization (realized cap) is a variation of market capitalization that values each UTXO based on the price when it was last moved, as opposed to its current value. As such, it represents the realized value of all the coins in the network, as opposed to their market value. Some MathMcap = price * circulating supply Realized Marketcap as of 20th April: 467,707,900,000 BTC Price according to Realized Mcap467,707,900,000 = price * 19,016,825 price = 467,707,900,000 / 19,016,825 price = $24,594 Proof of Current Realized Mcaphttps://www.lookintobitcoin.com/charts/mvrv-zscore/Some Infographics of 2021 showing Realized Cap and Price Accumulationhttps://academy.glassnode.com/market/realized-capitalization
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ivomm
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All good things to those who wait
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Torque
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I personally believe that period close to halving is the best fucking buying opportunity for the upcoming years. If by "close to halving" you mean 1-2 years prior, then yes. If you mean weeks before halving, then no, not really. There will be at least a 2X multiplier that you missed by waiting, and could have been accumulating. The best fucking buying opportunity is when you have fiat to trade, and it seems like the MSM and the entire world has lost interest in bitcoin. A time like right now. "Time IN the market beats timing the market."The U.S. continues to be behind the curve.
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ImThour
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Bitcoin Bottom was at $15.4k
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April 20, 2022, 01:13:31 PM |
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I personally believe that period close to halving is the best fucking buying opportunity for the upcoming years. If by "close to halving" you mean 1-2 years prior, then yes. "Time IN the market beats timing the market."Exactly. I believe that and I am no longer waiting for BTC to hit my stupid trend lines. My perspective has changed a lot while learning more and more about the current market situation and I think, we will surely touch the realized price (I made a post above) before making any new ATH and that would be, the best fucking buying opportunity one can have.
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xhomerx10
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OCD. I can't fix twitter though.
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savetherainforest
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April 20, 2022, 01:59:14 PM |
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Lol "experts" 😅 That term only has ironic meaning left it's been abused so much these last decades and it's going crescendo. There are no "experts" . There are only manipulators that have an agenda of where the price their beliefs want to go. These people with atrocious negative views should be toned down to 0.1/10 not given attention in "main manipulation media" articles.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 20, 2022, 02:01:24 PM |
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Phil_S
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We choose to go to the moon
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April 20, 2022, 02:14:08 PM |
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We're close to halfway between halvings.
The exact middle will be block 735000.
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Torque
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April 20, 2022, 02:17:09 PM |
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ImThour
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Bitcoin Bottom was at $15.4k
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April 20, 2022, 02:42:09 PM |
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We're close to halfway between halvings.
The exact middle will be block 735000.
I personally love halving. 2020 Halving was my first buy, I sold at 58s level. When BTC went back from 28k to 69k, I thought I fucked it up however, now I think it was a good decision. We all need some patience in our life to get the best out of it. Most probably, my second and biggest BTC buying will be close to the upcoming halving or when we reach $24k (if we ever reach that point). In short, waiting for halving. <3
OT: Netflix is fcked.
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BitcoinBunny
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Far, Far, Far Right Thug
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April 20, 2022, 02:56:42 PM |
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Doesn't surprise me Netflix share price is collapsing. Fucking shite "entertainment" on there for the last few years.
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AlcoHoDL
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Addicted to HoDLing!
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April 20, 2022, 03:04:18 PM Last edit: April 20, 2022, 03:41:56 PM by AlcoHoDL |
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OCD. OCD is good. It is the source of most great achievements in this world. "It's at the finishings that you must come to terms with the idea that perfection is a necessary goal, precisely because it is unattainable. If you don't aim for perfection, you cannot make anything great." — Leonard ( The Outfit) I can't fix twitter though.
Don't worry. Elon is on it.
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ImThour
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Bitcoin Bottom was at $15.4k
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April 20, 2022, 03:05:43 PM |
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BTC getting rejection from 200 MA at 4H Timeframe, point to note: Candle hasn't closed yet. Candlestick formation in work is Bearish Engulfing. Might cause some panik.
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AlcoHoDL
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Addicted to HoDLing!
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April 20, 2022, 03:27:48 PM Merited by JayJuanGee (2) |
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[...]
I doubt that anyone of us can push anyone towards how they engage in such early stages of BTC accumulation, even though DCA seems to be amongst the best of place holder approaches, and for sure lump sum investing and buying on dips can have some risks in terms of the possibility that the BTC price could go down before it goes up. There are ways to balance all three approaches, but likely ONLY after some internal assessment of ones own individual circumstances which includes looking at cashflow, other investments, timeline, view of bitcoin as compared with other investments, risk tolerance and time, skills and abilities to plan, strategize and to learn along the way, which also may well involve tweaking strategies along the way, too.
There's also an element of determining establishing initial BTC stake - and then once achieving such initial BTC stake - which also could take a year or more to establish... then to determine how to manage such stake.. or to perhaps adjust the stake upon reassessments. An initial stake could also involve putting 1% to 25% of overall investment portfolio value into BTC, and for sure the amounts are quite discretionary including that each individual might well end up having quite a different approach from another individual based on some minor differences in the individual circumstances (as I have already mentioned above).
Capisce?
I cannot stress enough the benefit and importance of DCA, especially for Bitcoin newbies. Buying and HoDLing Bitcoin (regardless of method) is a winning strategy in the long term, but there are ways to maximize the return of your investment. Enter DCA. What DCA does is that it takes the randomness of volatility out of the equation by effectively averaging it out between many small purchases over a given period of time, whereas lump sum investing is like throwing a dice and hoping for a 6, but might instead end up with a 1. Given a sufficient number of small purchases temporally spread out, DCA achieves an average dice result of a 3 or a 4, so it effectively protects you from buying at the top. Of course, when it comes to Bitcoin, even a 1 is a win long-term, but why not aim for a 3 or a 4? DCA can do that. Just add time.
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Torque
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April 20, 2022, 03:40:35 PM |
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OT: Netflix is fcked. Just look at the massive amount of leverage that started around 2018. The insiders obviously knew that the fairy tale growth narrative and ludicrous growth numbers would be ending soon. This was a typical Wall Street speculative whale pump and dump.
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BitcoinBunny
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Far, Far, Far Right Thug
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April 20, 2022, 03:57:59 PM |
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Considering the ridiculous REAL inflation figures, Netflix has probably not really increased in value since 2015.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 20, 2022, 04:02:36 PM |
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AlcoHoDL
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Addicted to HoDLing!
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April 20, 2022, 04:06:07 PM |
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Did something happen to ChartBuddy? It looks MUCH better to my eyes, or my eyesight got better...
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