Those who wait bitcoin for $ 14 000 , will wait forever!
Hey bro you are sure ....
I like it too Bitcoin Discuss. But the price of Bitcoin is not going up. We are just counting down the waiting time, often at the last stage, the price of Bitcoin is still 16,510 dollars.
Hopefully, for your own good, you are not just preparing for ONLY one price direction, and you have a sufficient and adequate preparation for UP in the event that your wish for down does not come true.
Through the years, we have seen a whole hell of a lot of peeps who had been overly prepared for down, and inadequately prepared for up, and then they end up psyching themselves into a place of bitter and perhaps even ever-existing no coiner.. .. and who would want that? especially if you already know about bitcoin, you should realize that you don't want to be a no coiner or a low coiner, even though we have a lot of those folks in the world, and if we are optimistic, we can just label most of them as precoiners, even if they might not even realize their own status.
Unless you have some kind of an ability to straightly reallocate an existing investment portfolio into bitcoin on a whim, it can take a long time to establish your investment allocation into bitcoin, whether that is 1% or 25% or some other number that you deem to be suitable.. and if you are fucking around with being greedy to buy BTC at a few percentage points lower than already existing decently good prices, you may well either end up missing out or contributing towards increasing your chances of being more bitter and/or worse yet a bitter no coiner/low coiner.
You seem a bit confused.. at least in how you are presenting your ideas, if you have any.
One thing that tends to be good is to be buying bitcoin directly rather than going through intermediaries, unless you have to for some reason related to your kinds of funds.. such as a 401k might have restrictions.. but individuals have a decent amount of flexibility.. or least can have flexibility.
In other words, there tends to be no need to fuck around with having third parties hold your coins or your investment - absent some restrictions that you might have on your funds... I know that in the real world some restrictions can exists, so when I used to have an actively contributing 401k with employer matching contributions, then I frequently wanted to at least invest into that fund up to the amount of the match.. and I still have those funds, but I am not actively contributing to the funds because I am no longer earning employment income related to those funds so they can just be there as an option and the options in how they can be invested might vary depending on how they are being held or if they might be rolled over into some other kind of fund or into a self-directed fund.
On a personal level, i don't feel any need to either use my 401k funds for bitcoins or to roll those funds into some other funds options in which I would be able to get bitcoin exposure, because I have direct exposure to bitcoin in a way that I can manage on my own. Other people may well make other choices, including where they might be in their investing journey or in their figuring out of their bitcoin allocation journey. Sometimes folks might also want to buy the house in which they live or other real estate, so then the question might be whether any income (or cashflow) might be left in order to buy bitcoin directly, which is a preferred way of holding my lil precious.
When you first start investing into bitcoin, it may well be the case that you are already established with an investment portfolio, and therefore, you have a variety of investments into various traditional assets, and perhaps even if you establish a fairly aggressive bitcoin allocation of 10% to 25%, it still could take several years before your bitcoin allocation either starts to become the majority of your investment portfolio allocation.. or even overwhelming majority of your investment portfolio allocation (due to its potential disproportionate appreciation relative to the appreciation of the traditional assets in your portfolio).
I know some people (bitcoiners) who have experienced such disproportionate bitcoin allocation appreciations that largely had come from bitcoin's disproportionate appreciation relatively greater than the appreciation of traditional assets in the investment portfolio... so for example over 8-9 years, bitcoin prices have gone up 5x to 20x (depending on the person an how they had bought into bitcoin); however, a large number of traditional assets, such as index funds, did not even accomplish a 2x in that same period of time.
Surely, historical price performance does not guarantee future results, even though the investment case for bitcoin does not seem to be getting any weaker with the passage of years, even though the upside potential does not seem to be as great as it had been 8-9 years ago.. even though there does still seem to be a decent amount of upside price potential in bitcoin, there does not seem to be as much of a downside potential as there was 8-9 years ago either, so I would speculate that there should be some incentives for normies (and not normies) to get in earlier rather than later.. especially if you might have a 4-10 year investment timeline or longer... and it seems pretty likely with so much negative sentiments, and even the burning of a decent amount of the BIGGER players in some of the shenanigans of the last year or so, it seems that retail and normies still have a lot of abilities to front run the financial institutions, governments, rich folks and others who traditional are able to front run the normies.
What you gonna do? Buy some or fuck around speculating on a down that may or may not come and/or making crappy and seemingly inapplicable comparisons?
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