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August 19, 2020, 11:56:55 PM
 #41

One more thing related to the analysis of the increase in the price of Bitcoin, which is now the right time to buy it. Cz, the CEO of Binance said so too. Does this mean it will really be as predicted and not miss?
The existence of news like this, of course, might make some people get ready for the next increase. Moreover, currently, the price of BTC is experiencing a slight decline compared to a few days ago. However, this decline occurred after a small bullish event a few days ago. You see, a lot of coins also finally dropped dramatically. Maybe this is just market correction which will be higher in the future. the good thing is, BTC is still at $ 11k. So, is it possible that there will be a next bullish above the previous ATH?

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August 20, 2020, 01:31:59 AM
 #42

What a bunch of nonsense, Beyerd17.  You don't even seem to appreciate what bitcoin is (..)
I wish I could agree with you, but it totally depends on what "better" means to the larger percentage of people. Because while back in 2010 BTC might've only had tech geeks and privacy-seeking guys interested, today the thing that apparently matters the most is its value and how fast it is.

If you think that value gravitates into an asset based on its ability to be a good payment system, then maybe you should go invest in a credit card company.

In other words, we can agree to disagree if you also don't understand the value proposition of bitcoin in regards to its sound money aspects.


This is the best launchpad for centralized currencies: extremely fast (almost instant), close to zero fees, small price but with high enough market cap and so on.. how convenient, right?

Your line of argument is coming off as a bit of gobbledy gook and weird-ass framing.. like the largely incoherent and inconsistent talking points that shitcoiners like to present for the bitcoin 2.0 nonsense.

Let's put everything "financial freedom" means to the side and sustain something that enslaves us even more than the current system we all have to be living in.

Let's not. If you believe that bitcoin is enslaving you, then you cannot appreciate the additional options that it gives to you.


This is how the average person unfortunately thinks,

Average person is also motivated by gresham's law principles once he is exposed to assets or currencies and he can choose which one(s) to spend first and which ones to save.

and I honestly believe there will be a Bitcoin replacement at some point as well.

Sure it is possible, but why preoccupy ourselves with that nonsense right now, when there isn't anything that even comes close.

Oh?  You want to create a shitcoin that is better?  It does not work like that.

Bitcoin is not merely technical, but it is also network effects, so if the network effects move over to your shitcoin, then sure that shitcoin will become the new bitcoin, but at this point there aren't any projects that even come close.. but hey, if you want to diversify into various shit products in order to hedge your bets, then suit yourself.. no one is stopping you.  There are a few thousand of them available, and since you are so smart in regards to what everyone is going to want, you should not have any problems picking out which shitcoin(s) to pick out instead of bitcoin.

Of course, it will not be decentralized nor will it sustain any of Satoshi's ideas but it'll be shaped up in such a way that it'll become an actual competitor.

Yeah.. right..

Nonsense...

There still is nothing that even comes close to a bitcoin competitor.. but whatever, if you have identified such bitcoin 2.0 characteristics, then you should not have any problem to identify which coins have those futuristic features..

And yeah, that's like fooling the mass to think the fashion industry could somehow compete with the tech. Bullshit.

With bitcoin, the masses do not need to be fooled.  it may take 100 or 200 years for value to gravitate into bitcoin, but it will gravitate with the passage of time... and you can choose accordingly. 

By the way, I could give less than two shits about what happens 100 or 200 years down the road, because likely I won't even be breathing in 50 years, but in any event, when we are presented with a gift horse (bitcoin) that does not come around too often, then we should recognize such opportunity.. but hey, you have the choice to NOT recognize bitcoin if you do not appreciate the value proposition.  that's your complete choice.

snip
To be honest, I haven't done a proper chart check of the current BTC bullish pattern vs previous ones. If we're following previous patterns, it must be my mind playing games on me then.

You may need to look into the matter a bit more.  There is a lot of good information about bitcoin that is available, including on this forum and surely some information is better than other information...

Nonetheless, if you cannot figure out how to distinguish the good information from the bad information then NOT sure what can be done about that.. except maybe you can just continue studying and hope to get better at it..

However, I've seen and been fooled by so much "similar pattern" stuff on TradingView I'm not even sure if I should believe it anymore, lol.

I agree that there is a lot of bad and misleading information out there.. so it would not be very smart to be allowing bad information to mislead you... so sure, I agree that it can take a bit of time to be able to figure out how to distinguish between good information and bad information.

I've been around since 2013 and I've learned a lot out here.

Me too.

I actually have been around a lot longer than 2013, but I only started looking into bitcoin in late 2013.



One thing I know is, I would've had way more BTC now if I was to never sell.

A couple of things.

If you made mistakes you can attempt to learn from them and act upon such learning to change your approach.

I would not conclude that it is necessarily a bad thing to have fewer bitcoin as the price goes up, but it is likely that you should try to develop a system that is both tailored to your own  situation and attempts to learn from mistakes that you have made... (that is if you had made any mistakes)

But it does get so much harder to abstain from selling when you know you have creepy falls like $1.3k to sub-$200 or $20k to $3k - and especially during the beginning of 2020 when, AFAIK, commodities went straight up while BTC got dumped hard. I obviously also have way more confidence than I used to have years ago and these events don't really affect me anymore at all.

Sounds good that bitcoin went all the way up to $1,300 and it also went all the way up to $20k... you seem to be focusing on the dumps in a negative way rather than appreciating how much price appreciation had taken place..

And, BTC prices are currently in a great place, too, even though some peeps might be complaining that it is only about 60% of its high point...

There are ways to take advantage of BTC volatility and also to make money from an asset that has been going up without getting too emotional about it... but sure, maybe it takes a bit of time to figure out a strategy..

Part of my advantage of coming to bitcoin in late 2013 was that I already had a decent amount of capital and I also had about 25 years experience of various kinds of DCA investing .. so applying some variation of DCA investing to bitcoin worked out pretty damned well, I would say. 

None of my other traditional investments had appreciated so much in value as did my bitcoin investment, and largely my traditional investments had averaged around 5.5% per year in their appreciation.  Sure some years were better than others, but overall the average return was only about 5.5%... but at this time bitcoin has returned nearly 15x over my nearly 7 years investing into it...   Yeah, at some point, on paper, I was probably up a bit over 25x, and when the BTC price dipped back down to around $3,200, I was probably only a bit more than 4x UP, but overall the strategy DCA'ing, buying on dips, and accumulating BTC has worked out quite great for me.  Difficult to complain in terms of how bitcoin performed overall and that I had a sound investment strategy to approach BTC as a long term investment - not something that is a gambling machine to try to time the market and losing prospect bullshit like that.


I stopped playing with my BTC for the short term specifically for the amount of times I've wrongfully done so.

Hopefully you have stopped playing around.  I have heard from a lot of forum members over the years who don't seem to appreciate how to approach a long term investment and they end up spending a lot of time trading btc or fucking around with shitcoins (believing some shitcoin might have some better value proposition.. blah blah blah) and trying to time the market and end up making themselves worse off than just employing a more simple approach that is BTC focused including: DCAing, buying on dips and hodling.. .. sure you can sell small amounts along the way when the BTC price goes up, but those amounts sold on the way up should be really small amounts, and not fucking around with selling large amounts of BTC.. that is just stupid.. and is just gambling (or playing with fire)


Rather than being constantly emotionally challenged and making wrong moves at the wrong times, I'd rather just accumulate and hodl onto that sum. Without a very strong emotional control, you'd fuck up your BTC before you know it.

I am NOT going to argue with you about this point.


About percentages of profit I consider enough, "to each their own" is the best way to go, I guess.

Sure, but you should be tailoring to your objectives including your timeline.

If you are looking to retire or you want to achieve fuck you status, then you need to accumulate enough of a principle in order to generate a passive income off of the principle.

So, sure you should be able to figure out what your goals are and how much you need to reach, and I agree that the calculation should not necessarily be about how much profits you make, but sure, I can see tha tyou are still caught up in some bullshit ideas of thinking that you have to cash out your profits into cash, which is also a problematic way of considering your profits in cash rather than just continuing to cash out of bitcoin incrementally once you reach a certain principle or you reach your value accumulation goals.

For example,  if you believe that you can live off of $3,333 per month in passive income, then you need to establish a principle that is worth $1million to be able to cash out 4% per year 1% per quarter or $3,333 per month.

So, yeah, if bitcoin is volatile then you have to take that into account in terms of your value, and you should be accounting for how much you really need for income, including various emergencies etc.. and cost of living changes... so having a cushion should be a consideration.. and you do not want to get so paranoid, either that you have to create a cushion that is so damned high that you are never going to pull the fuck you lever.


Thinking of those who bought at $1 and sold at $100, they might regret it right now but they never knew it'd ever reach $10k, did they? Some people struggle getting 20% profit in an entire year with stocks. Hell, some struggle doubling their stocks portfolio in half a decade. Making the same people take a look over the BTC chart would probably get pissed off. You could purchase today, sell at $100k and 5 years later a Bitcoin is worth $10M. You just never know, but as soon as you're happy with the profit why not cash it out if that's your plan?

I am more in favor of incrementalism in terms of my BTC rather than selling all of it, so there are ways to sell small amounts on the way up and also to never run out of bitcoin to sell if the BTC price keeps going up and never run out of dollars to buy back if the BTC price keeps going down.

I think that there are ways to also start to cash out BTC when the time comes.

So initially BTC investor will be in an accumulation phase until he achieves his accumulation goal, then he will transition into more of a maintenance mode, and then finally later he will gravitate more towards being in a liquidation mode.. but none of these phases would mean selling all of your bitcoin, unless you have some kind of impending death or some strange thing that screws up your timeline in terms of being able to carry out incremental liquidation that would be at 4% per year .. approximately... which would largely be a perpetual kind of system that allows retention of value.... and only becoming more aggressive with the cashing out of bitcoin under that kind of system if death were impending or some other major tragedy that causes a need for total liquidation of wealth.


Then, it all goes down to what you care more about: USD value or total amount of BTC?

BTC holds value more, so you have to consider a system that you do both, once you start liquidating you keep some in cash as you need it.. approximately 4 % per year.. otherwise you would mostly just keep accumulating the BTC.

I personally care more about the latter right now.

Once you get to your accumulation goal, then you can maybe be a bit more neutral in regards to which one you prefer.. because you should be able to just cash out BTC as you go along once you get to a certain level.

Hence, I don't even care about drops anymore.

That's good.  I suppose.

As I said, that's just one more opportunity for me to accumulate more.

I believe that I largely reached my accumulation goal by the end of 2014.. but I did continue to accumulate through 2015 and part of 2016.. so I kind of over accumulated, so I don't know.. maybe maintenance and a bit of liquidation might be o.k. too.. even though I really have not gotten into liquidation, yet, I am not as eager about accumulation.. but I understand that each of us will be in a different place, in regards to if we are still accumulating, maintaining or liquidation and sometimes they should be consider to be on a scale rather than absolutes stages, too..

Whether my BTC net worth will be a hundred bucks or ten million in the next few years, all I want is to know that I do have a financial freedom I can enjoy - be it through a drink or a luxury mansion.

Once you get passed using BTC or fiat for basic needs like food, housing, utilities, transportation, then you move towards being able to use BTC or fiat for more discretionary items like hookers, lambos and blow... so there are levels in the kind of consumption that you need to do and what you want to do.

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on bitcoin to be avoided or minimized.

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How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
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August 20, 2020, 02:18:03 AM
 #43

Recently the Bitcoin price drop back down to $11,000 plus price range, and continues to drop testing the support between $11,700-$11,600. Then immediately after the hashrate began to fall, this probably indicated the miners that, the price might fall further. Nothing really is guaranteed, but i want to see BTC hold the $11,700 plus support. So i could be bullish in the long run.

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August 20, 2020, 02:45:02 AM
 #44

To be honest enough,
We cannot just blindly rely on hashrate to invest in the holy coin.
Hashrates are oftenly changed when the price of the Bitcoin is changed.
Yes but we can estimate that the price will rise, as Bitcoin is being now promoted in all over the world.
The more is the demand of Bitcoin, the less will be the supply.
And it will only lead to the price rise of the Coin.
Nevertheless let's wait for 15k target for Bitcoin.
Hope we all become rich soon.

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August 20, 2020, 02:45:23 AM
 #45

It’s really risky but then with the risk I believe no one here will gonna become successful in the future. I believe Bitcoin will go as far as 2017 do, bull run for 2020 and much more bull run on 2021
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August 20, 2020, 03:18:41 AM
 #46

$ 15k for this year I think is a very reasonable price, at least make the small miners switch sides to mine other altcoins and be replaced by the big companies that will mine this bitcoin, it's definitely safer and better, hash power increases because the difficulty level is very high too , after yesterday's bitcoin halving made a little block reward and of course it will be difficult to get big profits
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August 20, 2020, 05:07:55 AM
 #47

Speculation is really something that will likely to happen.
What speculations do you have, another $20k, another ATH?
In a certain thing that it can be possible to happen but unlikely we can't predict it when.

Btc currently drop some percentage in terms of its market price. The btc market is very hard to predict. It is not mostly going to happen on what we have expected. If expect something great to happen but it did not and it will just cause a stress. So, if I were to invest or believe in something then that will be my own prediction.
In a thing that the market is unpredictable, it is still worthless to think high more than the thing that the market has. Because the market shows huge pumps, then we can say or think that we able to be at ATH gain? Not really is that and it never works that easily.
Quote
This time might be a good time to invest but I think it is better to invest when there is a market crash to happen.
No, I don't think this is a good time to invest Bitcoin, but it is for you to decide and accept the risk. Nothing is the perfect time for investment but much better to start when the market is still low than the situation we have now.

The month of March was a good time to invest in Bitcoin, there was panic in the streets and the price of Bitcoin touched some 3500 dollars. It's had a bull run for the last six months, and the easy profits are already gone. If you didn't invest (more) in March, why should you do so now at almost 12,000 dollars?
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August 20, 2020, 07:17:20 AM
 #48

$ 15k for this year I think is a very reasonable price, at least make the small miners switch sides to mine other altcoins and be replaced by the big companies that will mine this bitcoin, it's definitely safer and better, hash power increases because the difficulty level is very high too , after yesterday's bitcoin halving made a little block reward and of course it will be difficult to get big profits
What I think is bitcoin price can pass more than just $15k this year because we already touch $12k, and it's on the way to reach $13k. So I think we will have more possibilities to break more than $15k this year. But unfortunately, we can only predict without knowing if that will happen or not, and we can wait for the time to comes. If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.
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August 20, 2020, 07:34:39 AM
 #49

Speculation is really something that will likely to happen.
What speculations do you have, another $20k, another ATH?
In a certain thing that it can be possible to happen but unlikely we can't predict it when.

Btc currently drop some percentage in terms of its market price. The btc market is very hard to predict. It is not mostly going to happen on what we have expected. If expect something great to happen but it did not and it will just cause a stress. So, if I were to invest or believe in something then that will be my own prediction.
In a thing that the market is unpredictable, it is still worthless to think high more than the thing that the market has. Because the market shows huge pumps, then we can say or think that we able to be at ATH gain? Not really is that and it never works that easily.
Quote
This time might be a good time to invest but I think it is better to invest when there is a market crash to happen.
No, I don't think this is a good time to invest Bitcoin, but it is for you to decide and accept the risk. Nothing is the perfect time for investment but much better to start when the market is still low than the situation we have now.

The month of March was a good time to invest in Bitcoin, there was panic in the streets and the price of Bitcoin touched some 3500 dollars. It's had a bull run for the last six months, and the easy profits are already gone. If you didn't invest (more) in March, why should you do so now at almost 12,000 dollars?

Someone who is an accumulation stage in their bitcoin investment would be dollar cost average buying into bitcoin (and perhaps buying on dips), and such person has had 5 months of income that has come to them since March.  Therefore, such person would perhaps have money now that such person did not have in March, but presumably that person has been buying BTC all along with a portion of their income that is comfortable for them and depending upon which stage of the BTC investment that person happens to be.

If such person is in a btc accumulation stage, such person is accumulating until s/he gets to the point that s/he feels that s/he needs to be... whether that is a 1% BTC allocation, a 10% BTC allocation or some other amount that is comfortable to such person.

$ 15k for this year I think is a very reasonable price, at least make the small miners switch sides to mine other altcoins and be replaced by the big companies that will mine this bitcoin, it's definitely safer and better, hash power increases because the difficulty level is very high too , after yesterday's bitcoin halving made a little block reward and of course it will be difficult to get big profits
What I think is bitcoin price can pass more than just $15k this year because we already touch $12k, and it's on the way to reach $13k. So I think we will have more possibilities to break more than $15k this year. But unfortunately, we can only predict without knowing if that will happen or not, and we can wait for the time to comes. If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.

Currently, as I type this post, "we" do not know whether BTC prices are more expensive now as compared with the remainder of the year.

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on bitcoin to be avoided or minimized.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
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August 20, 2020, 07:35:03 AM
 #50

If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.
for me and to you maybe because we didnt invest last past years where btc is at 20k usd as its too much and rich people can only think of investing on that price . they are the ones that still need to recover  .

 there are those who loose and needs to recover in the form of investing in btc  . these people arent going to profit even of bull run comes because they need to recover thier lost first before thinking of the profit .

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August 20, 2020, 07:38:44 AM
 #51

If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.
for me and to you maybe because we didnt invest last past years where btc is at 20k usd as its too much and rich people can only think of investing on that price . they are the ones that still need to recover  .

 there are those who loose and needs to recover in the form of investing in btc  . these people arent going to profit even of bull run comes because they need to recover thier lost first before thinking of the profit .

There are not too many hypothetical people who are that dumb, who bought BTC at the peak price in late 2017 or early 2018 and sat on their hands for nearly 3 years.  Either those likely weak-handed diptwats already sold their BTC, or they continued to buy BTC over the past nearly 3 years, so their average price per BTC is likely quite a lot lower than $20k and may well even be quite a bit lower than our current BTC prices.

Furthermore, even if there might happen to be some dumb people who fit in that category and are planning on selling in the ballpark of the previous ATH, they are likely to be way out numbered by buyers, so sure they can sell, and we have seen how this has played out in the past when BTC returned to previous ATH prices and just zoomed past such previous ATH prices at a relatively quick pace.

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on bitcoin to be avoided or minimized.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
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August 20, 2020, 08:01:26 AM
 #52

Of course, by successfully breaking the $ 12,000 resistance price, it becomes good news for Bitcoin holders. But if we look right now Bitcoin
correction to the price of $ 11,700 makes some people doubt Bitcoin will continue to rise until the end of the year. Even though price correction
is a healthy thing, and it needs to happen to rise even higher. I agree that the following target Bitcoin will be a rally towards $ 15,000.

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August 20, 2020, 08:27:16 AM
 #53

Invest !! HOLD!!!

What do you think ??
It's hard to say, but "do" invest.

Bitcoin is a pretty good asset on the way from year to year, 2020, for me is a good year to start investing as the OP said.
If you look at the price movements so far, Bitcoin prices are always changing all the time, meaning: 2020 is an interesting year so far if I invest, I also do that.

There are other things that make Bitcoin investment in 2020, namely: the 'halving' that happened a few months ago, of course this reason is also the thing that believes this year is the best for investment.

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August 20, 2020, 09:48:57 AM
 #54

It is mere speculations, just like in the past. The price of bitcoin can go in any direction, irrespective of the hash rate. Currently, the price has dropped back below 12k with little resistance between 11.6k and 11.7k. Unless you buy when it was 12k and sells shortly after a few rises, if not you must be lost by now. When the price of bitcoin break high like this, people take profit which result in price but hopefully ones this barrier is overcomed, then we can go ahead above 12k again

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August 20, 2020, 10:16:39 AM
 #55

It is mere speculations, just like in the past. The price of bitcoin can go in any direction, irrespective of the hash rate. Currently, the price has dropped back below 12k with little resistance between 11.6k and 11.7k. Unless you buy when it was 12k and sells shortly after a few rises, if not you must be lost by now. When the price of bitcoin break high like this, people take profit which result in price but hopefully ones this barrier is overcomed, then we can go ahead above 12k again
Due to high transactions being made bitcoin transaction fee goes high. The miners service are in demand this time because of the current bitcoin current market price to.which traders are very active. Now for the short term holders may it become lesser for them to sell because they still think of bitcoin to start the bullish market. It may be good so as also to get bitcoin market dynamic.

The current market is already a good news and we will be hoping for better market for cryptocurrency and bullish if possible.
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August 20, 2020, 12:28:00 PM
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 #56

People that are still afraid to invest in Bitcoin by now are really making a huge mistake. Some people are afraid to invest in Bitcoin even till now, and some of them that don’t want to invest is because they are looking for quick profit and they feel like the price of Bitcoin wouldn’t go up any time soon.

Someone was talking to me about investing in Bitcoin and his main point ? He kept hitting on the question ‘when will price to go up? ’. that question is very annoying and I hate when people keep asking that question, like how the hell am I going to know when the price of bitcoin is going to increase?
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August 20, 2020, 02:30:18 PM
 #57

There is always perfect time to buy and invest on bitcoin and it's never too late to do so. Even small amount will do as a head start for a long term investment and better holdings in the future that will consider as a hidden gem that awaits the price to rise up. It may goes ups and downs but the important things is to have a strongs hands and strong will to withstand the votality of it.  As the saying goes "good thing happens those who wait". Nevertheless, this is not a financial advice and always exercise DYOR.
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August 20, 2020, 03:03:16 PM
 #58

I don't think hash rate is what determines investors psychology of bitcoin investment and would result in bitcoin uptrend, otherwise, everyone would have be banking for this and take a position on this.

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August 21, 2020, 07:28:02 AM
 #59

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.
It is not impossible to touch the next high price, and if we take a look at the market now, it seems, the price now is at sideways conditions until the end of this week. Maybe there is a sign for the price to move up and start another rally. We can hope that the price will touch another new ATH in the next week, so we can back to make another profit.

Looking at the chart going back to the month of March, we basically had a rally and whoever bought in cheap might be tempted to secure some (or all) of their profits since price has been stalling lately. Tough to tell the direction short term, but I would tend to think risk is much higher now at sub 12k than sub 4k. Here is a question for you guys out there, if one did not buy at 4K, why on earth would someone buy at 12k, that would be plain idiocy.
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August 21, 2020, 03:12:28 PM
 #60

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.
It is not impossible to touch the next high price, and if we take a look at the market now, it seems, the price now is at sideways conditions until the end of this week. Maybe there is a sign for the price to move up and start another rally. We can hope that the price will touch another new ATH in the next week, so we can back to make another profit.

Looking at the chart going back to the month of March, we basically had a rally and whoever bought in cheap might be tempted to secure some (or all) of their profits since price has been stalling lately. Tough to tell the direction short term, but I would tend to think risk is much higher now at sub 12k than sub 4k. Here is a question for you guys out there, if one did not buy at 4K, why on earth would someone buy at 12k, that would be plain idiocy.

Hopefully you did not sell too many of your coins Beyerd17, hoping for lower BTC prices that might not happen....

People buy BTC now, because lower prices might not happen..  and frequently it is better to act to save yourself rather than waiting for someone else to save you.

Sure, lower prices might happen from here, but they might not... We have been in these situations many times in the past in which people failed/refused to buy coins because they speculated that the BTC price might go cheaper, and it did not.

Good luck waiting for your cheap coins, you may well need it.   Wink

Of course, we have to deal with ESG, KYC & AML, but each of them are attack vectors on bitcoin to be avoided or minimized.

Put BTC here: 35EVP8EePt8dyvKHaB7bXaRmKLm22YgRCA

How much alt coin diversification is necessary? if you are investing in Bitcoin, then perhaps 0%?
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