A Saving Plan

[wxxyrqa]

I have a small plan and i would like to ask your opinion about it. I have already accumulated approx. 1 BTC by buying small amounts here and there (also through faucets) but constantly. I have approx 0.70 btc in other crypto(bought cheaply in the past) but i plan to exchange in btc later if needed and if worth it. My actual plan is to buy daily fractions of btc ad long as price stays below 10.000$ / Btc and stop if and when surely it will go above that level. Basically i' m taking advantage of BTC "cheap" prices to speculate on the future value (probably a few Years) for future spending, selling, or simply storing it. What do you think about it? I want to set a limit somewhere and i think if price stays above 10.000$ it will mean that banks and institutions will have entered the market already and i will simply enjoy the profits. Does it seem like a good plan? i really believe that Bitcoin will become very very valuable in the foreseeable future.

This is your perfect time mate because Bitcoin is bellowing $8k and seems that there are more dumping will happen in the next days (But not will fall to 6k)
actually i try to do this way wack to at least Put some part of my monthly paycheck to bitcoin but i stopped last year because of some emergency issues and i need to pay loans until now,but lucky that My bitcoin are intact and still in place to my hands and waiting for the Bullrun to come.

I make monthly investments in Bitcoin, which consist of a certain part of my salary.  But I do not expect too quick income, because I make investments for a long period.  Of course, it is difficult to call it a reliable repository for money, because prices either rise or fall, so I prefer to keep my money in more stable values.  But Bitcoin is sure to make a profit, but only after a long time.

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[luca1073]

Did you buy at 3900? I did the other day. Black swan event unprecedented. Bitcoin will rebound big time

[luca1073]

Still saving here and accumulating BTC. are you doing the same?

[perfect999]

Did you buy at 3900? I did the other day. Black swan event unprecedented. Bitcoin will rebound big time

Your decision already paid massive dividends and I am so glad you are earning because you deserve every penny of your dedication towards the saving brother!

Still saving here and accumulating BTC. are you doing the same?

The price is moving above $11k now so are you still buying? As I saw in OP you mentioned you are going to buy/save as much as possible until $11k .. so what's your plan now mate? I also feel like you should buy now because while I might sound idiotic but we might be touching our all time high price very soon before anyone realize what just happened.

[Beparanf]

The price is moving above $11k now so are you still buying? As I saw in OP you mentioned you are going to buy/save as much as possible until $11k .. so what's your plan now mate? I also feel like you should buy now because while I might sound idiotic but we might be touching our all time high price very soon before anyone realize what just happened.

We will never know when the right time to buy so if we feel that it will still rise which always depend on many circumstances we should trust our instincts and then just monitor it, whether to buy more or to stop loss. I plan on buying last March but then I thought it might still fall since quarantine been announcing everywhere so I wait for some drops but then it rise and rise until I wasn't able to buy much since I spend somewhere my extra money.

[Oilacris]

The price is moving above $11k now so are you still buying? As I saw in OP you mentioned you are going to buy/save as much as possible until $11k .. so what's your plan now mate? I also feel like you should buy now because while I might sound idiotic but we might be touching our all time high price very soon before anyone realize what just happened.

We will never know when the right time to buy so if we feel that it will still rise which always depend on many circumstances we should trust our instincts and then just monitor it, whether to buy more or to stop loss. I plan on buying last March but then I thought it might still fall since quarantine been announcing everywhere so I wait for some drops but then it rise and rise until I wasn't able to buy much since I spend somewhere my extra money.

Hardest part when dealing up or looking for buying opportunity sine this market is way too unpredictable.I do somewhat agree on what you had said
about instincts because in some cases i do really follow on what my guts been telling me on when to buy and when to  sell.

It depends on circumstances because each person do have its own will to make  up decisions depending on the current condition he's taking into.

When it comes to saving or accumulation for long term aspect  then ive been doing that stuff since i get involved here on crypto space.

[fullhdpixel]

Yeah, I got in at around $6.5k as well and that is what I was thinking like the best idea at the time, we are not idiots anymore, there could be people who are selling for totally different reasons specially the companies who are doing these type of bitcoin trading could get out as much as they can since they want to get out of that and get into something like stock market purchases which would help them a lot more.

However at the same time the people, I mean individuals who are interested in something like this knows that they could just buy at those low prices and could make a ton of profit. Back in the day people were not smart about that and whenever the price was low they were selling since they didn't know if this was the "end of bitcoin" or whatever and now they know it is not.

[shoreno]

Yeah, I got in at around $6.5k as well and that is what I was thinking like the best idea at the time, we are not idiots anymore, there could be people who are selling for totally different reasons specially the companies who are doing these type of bitcoin trading could get out as much as they can since they want to get out of that and get into something like stock market purchases which would help them a lot more.

However at the same time the people, I mean individuals who are interested in something like this knows that they could just buy at those low prices and could make a ton of profit. Back in the day people were not smart about that and whenever the price was low they were selling since they didn't know if this was the "end of bitcoin" or whatever and now they know it is not.

you buy a whole btc at 6.5k usd? dang  you must be rish while op and other people are only buying at smaller parts but its up to you if what you prefer . somtimes buying a whole is good idea to prevent further fluctuations

there are already smart people before the one that we heard on the stories about btc millionaire but most people are doubting and didnt hold longer compare to today  . selling for stock market may be a bad option now but people that are on stock market probably selling now to enter on here

[Arkann]

Yeah, I got in at around $6.5k as well and that is what I was thinking like the best idea at the time, we are not idiots anymore, there could be people who are selling for totally different reasons specially the companies who are doing these type of bitcoin trading could get out as much as they can since they want to get out of that and get into something like stock market purchases which would help them a lot more.

However at the same time the people, I mean individuals who are interested in something like this knows that they could just buy at those low prices and could make a ton of profit. Back in the day people were not smart about that and whenever the price was low they were selling since they didn't know if this was the "end of bitcoin" or whatever and now they know it is not.

you buy a whole btc at 6.5k usd? dang  you must be rish while op and other people are only buying at smaller parts but its up to you if what you prefer . somtimes buying a whole is good idea to prevent further fluctuations

there are already smart people before the one that we heard on the stories about btc millionaire but most people are doubting and didnt hold longer compare to today  . selling for stock market may be a bad option now but people that are on stock market probably selling now to enter on here

In fact, today experts are announcing a massive transfer of capital from the stock market to cryptocurrencies. Investors are very worried about the depreciation of stocks and fiat currencies due to the crisis. I believe that institutional capital will greatly increase the performance of the cryptocurrency market.

[luca1073]

Did you buy at 3900? I did the other day. Black swan event unprecedented. Bitcoin will rebound big time

Your decision already paid massive dividends and I am so glad you are earning because you deserve every penny of your dedication towards the saving brother!

Still saving here and accumulating BTC. are you doing the same?

The price is moving above $11k now so are you still buying? As I saw in OP you mentioned you are going to buy/save as much as possible until $11k .. so what's your plan now mate? I also feel like you should buy now because while I might sound idiotic but we might be touching our all time high price very soon before anyone realize what just happened.

thanks for the nice words. i wish you the best too!

to answer your question i'm still buying small amounts(well i never bought huge amounts anyway since i started this thread). i didn't stop at 10 k even if most of my buys are definitely below 8 k and i bought most of my BTC between 3.2 k and 8 k on average . I believe BTC will grow to 6 digits by the end of 2021 at max Q1 2022.

I still have a few altcoins from a long time ago that i'm exchanging into btc when they pump. my allocation is now 91 % BTC and 9 % altcoins. that may go to 100 % BTC in the near future

[carlfebz2]

Did you buy at 3900? I did the other day. Black swan event unprecedented. Bitcoin will rebound big time

Your decision already paid massive dividends and I am so glad you are earning because you deserve every penny of your dedication towards the saving brother!

Still saving here and accumulating BTC. are you doing the same?

The price is moving above $11k now so are you still buying? As I saw in OP you mentioned you are going to buy/save as much as possible until $11k .. so what's your plan now mate? I also feel like you should buy now because while I might sound idiotic but we might be touching our all time high price very soon before anyone realize what just happened.

thanks for the nice words. i wish you the best too!

to answer your question i'm still buying small amounts(well i never bought huge amounts anyway since i started this thread). i didn't stop at 10 k even if most of my buys are definitely below 8 k and i bought most of my BTC between 3.2 k and 8 k on average . I believe BTC will grow to 6 digits by the end of 2021 at max Q1 2022.

I still have a few altcoins from a long time ago that i'm exchanging into btc when they pump. my allocation is now 91 % BTC and 9 % altcoins. that may go to 100 % BTC in the near future

What a strong kind of dedication and trust towards btc but i would like to tell you that only invest on the amount that you can afford to lose.We might see that Bitcoin is worth for long term but
theres no assurance thing when it comes to future.We wouldnt know on when it would last, so basically means that we are always on risk on losing our money.

In the prices you had bought then i can say that thats a good choice considering buying between 3.2k until 10k is such a nice move you had there.6 digits on years 2021-2022?

Dont let your hopes that high too much because those possibilities are somewhat lit or not really that realistic on a short span of time but hey, that particular time will be ideal for you to sell out.

[luca1073]

Did you buy at 3900? I did the other day. Black swan event unprecedented. Bitcoin will rebound big time

Your decision already paid massive dividends and I am so glad you are earning because you deserve every penny of your dedication towards the saving brother!

Still saving here and accumulating BTC. are you doing the same?

The price is moving above $11k now so are you still buying? As I saw in OP you mentioned you are going to buy/save as much as possible until $11k .. so what's your plan now mate? I also feel like you should buy now because while I might sound idiotic but we might be touching our all time high price very soon before anyone realize what just happened.

thanks for the nice words. i wish you the best too!

to answer your question i'm still buying small amounts(well i never bought huge amounts anyway since i started this thread). i didn't stop at 10 k even if most of my buys are definitely below 8 k and i bought most of my BTC between 3.2 k and 8 k on average . I believe BTC will grow to 6 digits by the end of 2021 at max Q1 2022.

I still have a few altcoins from a long time ago that i'm exchanging into btc when they pump. my allocation is now 91 % BTC and 9 % altcoins. that may go to 100 % BTC in the near future

What a strong kind of dedication and trust towards btc but i would like to tell you that only invest on the amount that you can afford to lose.We might see that Bitcoin is worth for long term but
theres no assurance thing when it comes to future.We wouldnt know on when it would last, so basically means that we are always on risk on losing our money.

In the prices you had bought then i can say that thats a good choice considering buying between 3.2k until 10k is such a nice move you had there.6 digits on years 2021-2022?

Dont let your hopes that high too much because those possibilities are somewhat lit or not really that realistic on a short span of time but hey, that particular time will be ideal for you to sell out.

true i may sell some at levels(not all) just to hedge the possible bear market afterwards., and buy more BTC later. i now completely distrust fiat currency but it's still the major currency accepted at the moment. moneywise owning bitcoin is my goal and of course i will need to spend some of them too. but i believe that we will probably calculate btc in ounces of gold in the future or the usd value will not matter that much

[smyslov]

I still have a few altcoins from a long time ago that i'm exchanging into btc when they pump. my allocation is now 91 % BTC and 9 % altcoins. that may go to 100 % BTC in the near future

It's still a good choice and a perfect one I wonder with all the buzz about DeFi why have you not thought of investing in DeFi projects when there are a lot of profit to be made investing in DeFi platform, I consider DeFi a permanent features and platforms in the community, it's an evolving technology that investors should explore.

[AjithBtc]

Whether it is bitcoin or something else, saving always benefits the people. With bitcoin and other cryptocurrencies the profiting or the benefitting will be higher than common saving in terms of traditional fiat. Buying here and there in terms of bitcoin is quite good. By the time it is good to save in terms of bitcoin, eliminating the unwanted expenses.

[luca1073]

to make it short and sweet i ended up making my last purchase in september 2020 when price was if i remember well 12k. I'm all in now. well 1% of my money or less is in Fiat currency 96% in BTC and i still have 3 percent in altcoins or so and im just waiting for them to pump one last time v s Btc and exchange everything. BTC price today is 34,000 $ . price by the end of 2021 will probably between 100 k and 320 k or even higher. we'll see.

[thecodebear]

to make it short and sweet i ended up making my last purchase in september 2020 when price was if i remember well 12k. I'm all in now. well 1% of my money or less is in Fiat currency 96% in BTC and i still have 3 percent in altcoins or so and im just waiting for them to pump one last time v s Btc and exchange everything. BTC price today is 34,000 $ . price by the end of 2021 will probably between 100 k and 320 k or even higher. we'll see.

Nice that's almost exactly the percentages I have. I have about 1.5% in cash, about 2.75% in crypto trading stash, and about 96% in my long term crypto portfolio (which itself is 94.6% BTC, 4.8% ETH, and 0.6% LINK right now).

That's cool you just bought little by little for two years. I hope you accumulated a good amount during that time!

[luca1073]

to make it short and sweet i ended up making my last purchase in september 2020 when price was if i remember well 12k. I'm all in now. well 1% of my money or less is in Fiat currency 96% in BTC and i still have 3 percent in altcoins or so and im just waiting for them to pump one last time v s Btc and exchange everything. BTC price today is 34,000 $ . price by the end of 2021 will probably between 100 k and 320 k or even higher. we'll see.

Nice that's almost exactly the percentages I have. I have about 1.5% in cash, about 2.75% in crypto trading stash, and about 96% in my long term crypto portfolio (which itself is 94.6% BTC, 4.8% ETH, and 0.6% LINK right now).

That's cool you just bought little by little for two years. I hope you accumulated a good amount during that time!

Yes I m pretty satisfied with what I could save even if you never feel like you have enough Bitcoin but I actually saved more than my initial goal . Thanks! Good luck to you