How much more down are we going ?
My legs are shaking cuz the red candles are becoming long....
My hands are inching to buy more because opportunity comes knocking on my door.
Perhaps a bit more drop, and perhaps not.
I frequently proclaim that waiting is not an investment strategy, but sure, if you had already bought several times in this range, then it might not make sense to buy again merely because you don't have enough BTC.
Many times, if we ONLY have a certain amount of cash in our possession, we cannot necessarily make more of it, so we just have to figure out how to budget the amount of cash that we have until our next paycheck or other form of income might arrive.
I hate to presume too much about your personal details, yet I recall my own first year in regards to accumulating bitcoin (that would have mostly have had been in 2014), I tended to establish weekly allowances for myself, so sometimes I try to watch the BTC price in order that I could attempt to time my purchases for the BTC price dip for the week, and surely sometimes the BTC price was dipping so much that it was difficult to figure out, yet at the same time, I tried to do my best, and sure even though I had more money in my bank apart from my weekly allowance, I had also set some fairly strict parameters in regards to when the new money would come available or if I might have some extra reserve funds on the side if I felt that I wanted to violate the terms of my already self-imposed weekly allowance.
It can take a while to both build a decent BTC holdings, but also to start to become satisfied that whatever allowance that I had allowed was within acceptable parameters so that I would not have to get emotional about any concerns that the BTC price might move or it might not move... even though I am not going to lie, even when decent systems seem to be in place, it can still take a while to get to a point of not getting overly worked up about BTC price moves...
Oh and by the way, I think some of my stress and loss of sleep in the very earliest of days was that several of my buys were manual rather than going through having preset buy orders, so there were several times that I had to set a price alarm, and even to get woken up in the middle of the night because my price alarm had gone off... Funny that I am still alive after losing sleep due to price alarms going off in the middle of the night when I was supposed to be sleeping... but that was the product of what my then system was, including that there weren't even very many locations that allowed for actual trading accounts (where limited buy orders could be set) as compared with how I was trying to deal with my own BTC buying strategy matters during a decent amount of time in 2014.
Another sell off today FFS. Just when I was thinking we might be ready for the next leg up. Bitcoin enjoys testing us doesn’t it.
What chances do we have of making a new all time high before Trump’s inauguration on January 20th? I think there will be lots of games until that date, some real volatility.
5%-10% IMO
You're pessimistic.
If I remember correctly, last time you bragged about how much money you make trading and how your TA works.. Not much later you asked members for a job...
now you are back to TA and trading again? Seems a bit like an addiction...
I am sure I have said this before…
Throw enough shit at the wall and some will stick!
quote or it didn't happen
seriously... it was quite some time ago and my retard brain might just have forgotten.. sorry
btw I don't think telling an addicted person something works. he must
probably suffer more
Fixed that for you.
Any guesses when we will see 100k-105k again?
I probably have to part with a tiny bit in the next 3 months so I'm thinking if I should do it now or later...
Ultimately it is up to you in terms of any gambling that you might do with some "tiny bits" that you might sell or choose not to sell, and even questions about whether the "tiny bit" is going to make a difference of matter whether it is sold here, or supra $100k or even at lower scenarios of $60k-ish that may or may not end up happening.
I would think that the odds are pretty good that we get both supra $100k and also new ATHs within the next 3 months, but who knows...
I recall that in late 2018, I ended up having to sell some "tiny bit" based on my figuring that the BTC price was not likely to drop below $6k.. since $6k had been tested around 5 or 6 times by the time I was considering whether to sell some "tiny bit" or not.. ..
And, so fast-forward, surely many of us realize what happened in late 2018, the $6k support ended up breaking, and we had a few months in the $3k to 4.5k price arena.. .. which I ended up having to sell my "tiny bits" at that lower price based on my failure to guess correctly.. and yeah, maybe I was gambling in a way that did not end up working out with that particular "tiny bits" that were within my then understanding of expenses that I knew were coming up and were not going to be able to be deferred without consequences that I was not willing to go down that consequence path (so in other words I already knew that they were going to need to be paid)..
I couldn't say either way.. even though I have my own senses that are more inclined towards UPpity, which I already mentioned... but then.. maybe not even I would be willing to wager more than 53.43612348 / 46.56387652.. so it is not like my senses are strong in regards to my UPpity inclinations...
so don't come crying to me when you may well end up inevitably making the wrong choice... hahahahahaha
Poll
