Just think about how many BTC that you might have had if you had been stacking in the last year gallianooo - rather than wishing for the BTC price to drop below $10k?
Its everyone wish that price of bitcoin fall so that we can accumulate Bitcoin.
I doubt that it is "everyone's wish" that bitcoin's price falls, unless you do not have enough coins.. if you are a low coiner or a no coiner, then perhaps you are wishing for the price to fall. If you are a new coiner, then you also might be wishing for the BTC price to fall, but you can ONLY wish for the price to fall by so much before you might start to lose confidence in its ability to go back up or start to believe that something might be wrong with bitcoin's investment thesis.
Sure if the BTC price goes down, then people might buy more BTC, but the mere fact that people buy more BTC does not necessarily mean that they are wishing for the BTC price to go down.
There is likely some factual truth to your claim that "most people wish for BTC prices to go down," which is that an overwhelming majority of the world's population - perhaps quite greater than 95% do not have any coins at all, so they might not feel any kind of wish for the BTC price to go up.
So those of us who buy BTC and who have accumulated BTC are in the overwhelming minority.. and sure there are some of us who have not had enough time (or income) to be able to buy as many bitcoin (sats) as they would like to buy.. so some of those people might be wishing for the BTC price to fall in order that they can get some more, and perhaps you, WatChe, are part of that group of insufficiently stacked ongoing stackers.
But the reality is whenever price go down there is so much fear and panic that not many accumulate.
Perhaps?
That, again, is a individually dependent circumstance that is going to vary depending how long someone might have been into bitcoin and perhaps how much time they might have spent learning about bitcoin, and actually figuring out that it is different from shitcoins... some people get distracted, and they believe that they are learning about bitcoin but instead they are learning about how to be dumb... and they falsely believe that they are learning about bitcoin.. Such attraction (and luring) into dumbness happens to even relatively smart people.
Right now everyone is wishing that Bitcoin may go down to 20k so that they can buy.
Keep wishing... and have fun staying poor.
Even if bitcoin go down to 20k in few days, these all desirous will start saying "stay away market is crashing".
Why are you guided by such nonsense?
You should have a personal plan that it is not dependent upon what a bunch of dummies think.
Have you heard of the 200 week moving average, and do you know what it means?
We are
currently at $26,665... maybe you should think about that and formulate your plans and actions in accordance with something more meaningful?
It really need balls to buy bitcoin on DIP.
Well don't buy on the dip then. Just DCA. Have you heard about DCA?
Actually the better strategy is to combine DCA, buying on dips and lump sum investing, but if you are all screwed up, then maybe you should go back to the basics and figure out your own finances so that you are not over investing, and start with DCA first, and then you can advance to more advanced strategies of buying on dip and lump sum buying at later points down the road, once you get a bit more comfortable with your own finances and how to figure out how much to buy on a regular basis and perhaps how much to hold in reserves (if you want to keep some in reserves for buying BTC on dips).
Have you been dabbling in shitcoins too? Show us where the shitcoins have touched you? If you have been dabbling into shitcoins, then you are likely even more distracted, and your funds to invest into bitcoin have been diluted too... so sometimes there might be some needs to get some focus so that you can figure out your own finances, psychology and your own bitcoin plan and how accumulating bitcoin fits into your life, and maybe after you spend several years accumulating bitcoin and studying the matter, then it will start to become more clear why it is the case that a person who has spent a decent amount of time accumulating bitcoin is no longer wishing for downity in dee price of dee cornz.
By the way, regarding your "big balls" comment, I doubt that the balls need to be as BIG as you are suggesting to be ready, willing and able to buy on dips... but hey maybe BIG dips vary depending how much they are and how much they are expected, and if the persons might have already used up most if not all of their fiat buying at earlier stages in the dippening process.
Edit: By the way, I see Ivomm gave you a merit on your post, and he is likely in a similar situation where he fucked up his BTC accumulation strategy, and even though he knows a lot of about bitcoin, he ended up gambling too much and fucking around with trying to rush his bitcoin accumulation process, and therefore he ended up getting reckt by selling too early and then failing to buy.. so know he is also like you, wishing for downity prices.I like the not infrequent, JayJuanGee "Sucks to be uie-pooie, no?" <lots of emojis> posts.
Quick question (because it's been buggin' me for years).... how exactly does one pronounce "JayJuanGee"?
(Having said that, how does one pronounce 95% of the strange usernames in this here famous thread?)
I'm thinking "JaWONjee"....but what do I know? (besides the latest fart joke)
This is the WOb, after all.
I am at a loss for words.. aw shucks.
Just think about how many BTC that you might have had if you had been stacking in the last year gallianooo - rather than wishing for the BTC price to drop below $10k?
BTC will not go down to $10k again before the next bull. The matter what so anyone who is planning to invest or buy BTC at the rate of $10k is wasting how or her and before that will come again, it will be 5 to 6 years time. So the person has to be patiently waiting for that year to come.
Someone that wants to buy BTC when BTC price is $10k, I don't think that person has Bitcoin in his wallet from last year when Bitcoin was $15k.
I am not sure what to think about your post Agbe. You are suggesting that you agree, but at the same time, you can see BTC prices going below $10k in 5-6 years.
Wow... do you understand BTC?
Do you remember that BTC was at $250 for nearly the whole of 2015? Do you expect it to go back there? or below $1k?
$10k becomes like $250.. or it becomes like $1k. It becomes more and more improbable that the BTC price will go there, ever... and even $30k. .it is possible that the BTC price will never go below $30k again.. even though surely at the moment, we can presume the odds are pretty high that the BTC price will go below $30k again, since it was just there a couple of hours ago....
But look in my post above, there are people waiting for sub $20k, and sure $20k this year may have slightly higher odds than $10k last year, but they may well fall within a similar area of probability in terms of being in the low likely territory - even though there seem to be several guys wishing/waiting for those kinds of BTC price levels and may well be failing/refusing to buy BTC until the price gets down to those levels, which again may end up creating losers (and bitterness).. just like there were losers and bitterness that came out of the early 2017 wish (expectation) for sub $500 prices.. that never ended up happening and $800-ish was our BTC price bottom for early 2017.. even though there were sure a lot of smart people expecting sub $500 prices at that time.
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