Bottom of the Bear Market...let's accumulate!!

[Poker Player]

If you notice, we are having slight sustained upward trend, which seem to indicate that barring catastrophic news, such as another FTX, that we can get back to $20k and beyond.

For anyone who is in on this, we know that sub $20k prices are extremely cheap, the thing is that there have been extreme downturns because of the leverage explosion but at the minimum that things return to normal the normal is a 2023 with upside.

[kro55]

~~~

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

Who is accumulating and how much are you hoping to add to your stash this year?

We can invest in bitcoin whenever we want, bitcoin will always make a profit. But I agree with OP one thing, if someone misses 2022, then maybe this is the last year we see bitcoin under $20k. If we miss this opportunity and when another bull season arrives, buying bitcoin will become even more difficult. Remember the lesson when bitcoin was at 3k in 2018, and if someone didn't buy it, there was no chance.
Of course, we can still invest later, but if you want to make a lot of profit, let's accumulate now, procrastination will not help us become rich.

[TravelMug]

If you notice, we are having slight sustained upward trend, which seem to indicate that barring catastrophic news, such as another FTX, that we can get back to $20k and beyond.

Yes, I can't just imagine what bring this positive vibes to the market as we have seen a slight upward trend in the last couple of days. $18,200 is not that bad and it's good to see that price again.

For anyone who is in on this, we know that sub $20k prices are extremely cheap, the thing is that there have been extreme downturns because of the leverage explosion but at the minimum that things return to normal the normal is a 2023 with upside.

But it's not yet the end of it, we can still accumulate sub $20k, still way below the last all time high we have in 2017. So it means there's a lot of time for us to stash and stack sats this year.

[Yatsan]

If you notice, we are having slight sustained upward trend, which seem to indicate that barring catastrophic news, such as another FTX, that we can get back to $20k and beyond.

Yes, I can't just imagine what bring this positive vibes to the market as we have seen a slight upward trend in the last couple of days. $18,200 is not that bad and it's good to see that price again.

For anyone who is in on this, we know that sub $20k prices are extremely cheap, the thing is that there have been extreme downturns because of the leverage explosion but at the minimum that things return to normal the normal is a 2023 with upside.

But it's not yet the end of it, we can still accumulate sub $20k, still way below the last all time high we have in 2017. So it means there's a lot of time for us to stash and stack sats this year.

Still a long way for this uear. The first month has just started and there are many things that could take place if not for this month, but as this year goes on. My prospects which could trigger an uprise movement in the market price of cryptos are adoption from huge countries. This might create a trust towarda this industry despite of the market situation we are currently seeing, just like before. But if it is for anticipated bullish trend, I guess that is more likely to occur in 2024 during the next Bitcoin halving. As analysts have mentioned there are possible spikes in the market which we could make profit from. So being patient for now would be a better thing to do.

[TravelMug]

If you notice, we are having slight sustained upward trend, which seem to indicate that barring catastrophic news, such as another FTX, that we can get back to $20k and beyond.

Yes, I can't just imagine what bring this positive vibes to the market as we have seen a slight upward trend in the last couple of days. $18,200 is not that bad and it's good to see that price again.

For anyone who is in on this, we know that sub $20k prices are extremely cheap, the thing is that there have been extreme downturns because of the leverage explosion but at the minimum that things return to normal the normal is a 2023 with upside.

But it's not yet the end of it, we can still accumulate sub $20k, still way below the last all time high we have in 2017. So it means there's a lot of time for us to stash and stack sats this year.

Still a long way for this uear. The first month has just started and there are many things that could take place if not for this month, but as this year goes on. My prospects which could trigger an uprise movement in the market price of cryptos are adoption from huge countries. This might create a trust towarda this industry despite of the market situation we are currently seeing, just like before. But if it is for anticipated bullish trend, I guess that is more likely to occur in 2024 during the next Bitcoin halving. As analysts have mentioned there are possible spikes in the market which we could make profit from. So being patient for now would be a better thing to do.

I'm not saying that anything can happen as this is just the start of the year. But if we, this early is showing sign of recovery and bounce back then it could set the bar high this year and who knows, this might be real and we could end up in the $30k-$40k range.

So there's nothing better that be positive in the beginning, but very cautious as well.

I understand your concern, but if you look previously at history, after a worst season, bitcoin recover and then we enter the bullish phase after the block halving. I'm sure you should know that by now.

[Silberman]

~~~

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

Who is accumulating and how much are you hoping to add to your stash this year?

We can invest in bitcoin whenever we want, bitcoin will always make a profit. But I agree with OP one thing, if someone misses 2022, then maybe this is the last year we see bitcoin under $20k. If we miss this opportunity and when another bull season arrives, buying bitcoin will become even more difficult. Remember the lesson when bitcoin was at 3k in 2018, and if someone didn't buy it, there was no chance.
Of course, we can still invest later, but if you want to make a lot of profit, let's accumulate now, procrastination will not help us become rich.

At some point investors need to accept the fact they need to take a risk and invest in bitcoin, maybe they missed the bottom already or maybe the bottom is yet to come, but that does not matter, what matters is to take action now, because each day it passes the closer we get to the next halving, and while it may still seem to be far away we must not forget that time flies by and before we know it the halving will be around the corner and we may find ourselves without enough bitcoin to fully take advantage of it.

[tygeade]

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

I agree that this must the last year where we could see the bitcoin prices trading below $20k levels. At the same time, I feel like it would be too early to speculate anything about six figures of bitcoin prices. Because, by history, bitcoin might need another halving to test anything beyond $100k levels.

I am personally into accumulating bitcoins for years as I never bother about the trends. Yeah, I have bought bitcoins almost everywhere from 65k to $16k levels in this current cycle.

[justdimin]

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

I agree that this must the last year where we could see the bitcoin prices trading below $20k levels. At the same time, I feel like it would be too early to speculate anything about six figures of bitcoin prices. Because, by history, bitcoin might need another halving to test anything beyond $100k levels.

I am personally into accumulating bitcoins for years as I never bother about the trends. Yeah, I have bought bitcoins almost everywhere from 65k to $16k levels in this current cycle.

Halving will surely make it go over 100k, we are going to not stay here for too long and the price will start to go up gradually, before the halving starts I believe we will go back to 50k levels, and after the halving doing another 2x will not be a trouble. Which is exactly why I am buying right now and will continue to buy until I can't.

It just means that if I buy so much, then when the price goes up I will be in that much profit. And we are talking about just this year, and this havling, and I am telling you, if I buy right now, and sell 2-3 halvings later, how much more profit that is compared to just this halving? That is why it's important to keep accumulating.

[maydna]

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

I agree that this must the last year where we could see the bitcoin prices trading below $20k levels. At the same time, I feel like it would be too early to speculate anything about six figures of bitcoin prices. Because, by history, bitcoin might need another halving to test anything beyond $100k levels.

I am personally into accumulating bitcoins for years as I never bother about the trends. Yeah, I have bought bitcoins almost everywhere from 65k to $16k levels in this current cycle.

Many of us are still trying to collect from a few years ago and didn't sell it at the last ATH because we are still trying to sell it at another ATH in the future. Perhaps in the next ATH, they will sell most of their bitcoins but perhaps they still want to keep most of their bitcoins because it depends on the plans and strategies they are running. And right now, we can still try to buy more bitcoins because the current bitcoin price is not yet at the $20k level. And even though the price has already reached above $20k, I think it's still a decent buy price for bitcoin, considering the potential for bitcoin price to be above $100k in the future.

[eaLiTy]

~
Halving will surely make it go over 100k, we are going to not stay here for too long and the price will start to go up gradually, before the halving starts I believe we will go back to 50k levels, and after the halving doing another 2x will not be a trouble. Which is exactly why I am buying right now and will continue to buy until I can't.

There is no certainty on how much valuation we could rally to after the halving, but the general expectation is along that line considering the past rallies but anything is possible, a major global recession might derail those expectations. There is no doubt about accumulating but the reason i wonder is why the market rallied all of a sudden in the past couple of days.

[Silberman]

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

I agree that this must the last year where we could see the bitcoin prices trading below $20k levels. At the same time, I feel like it would be too early to speculate anything about six figures of bitcoin prices. Because, by history, bitcoin might need another halving to test anything beyond $100k levels.

I am personally into accumulating bitcoins for years as I never bother about the trends. Yeah, I have bought bitcoins almost everywhere from 65k to $16k levels in this current cycle.

I think the same, it is possible the price will go below 20k again during this year, as I doubt the bears are going to sit down and do nothing while the market keeps pumping, however I expect that at some point during this year the price will get far enough from that level to the point we will never see it again, so this is the moment to take advantage of the low price as once the next halving takes place and the next bull run begins to take form buying bitcoin will get incredibly expensive for retail investors like us.

[lienfaye]

~~~

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

Who is accumulating and how much are you hoping to add to your stash this year?

We can invest in bitcoin whenever we want, bitcoin will always make a profit. But I agree with OP one thing, if someone misses 2022, then maybe this is the last year we see bitcoin under $20k. If we miss this opportunity and when another bull season arrives, buying bitcoin will become even more difficult. Remember the lesson when bitcoin was at 3k in 2018, and if someone didn't buy it, there was no chance.
Of course, we can still invest later, but if you want to make a lot of profit, let's accumulate now, procrastination will not help us become rich.

At some point investors need to accept the fact they need to take a risk and invest in bitcoin, maybe they missed the bottom already or maybe the bottom is yet to come, but that does not matter, what matters is to take action now, because each day it passes the closer we get to the next halving, and while it may still seem to be far away we must not forget that time flies by and before we know it the halving will be around the corner and we may find ourselves without enough bitcoin to fully take advantage of it.

Some of us don't like the idea of buying at the bottom because of their worries that it might turn downward further. Then, will regret not buying at a lower price when they see the price moving upward and they missed to take advantage the much lower price. Just like now the price of Bitcoin is increasing, so if an investor bought at $16k price, it's a decent profit already at this time. That's how unpredicted the price is, we'll never know what lies ahead and it's also the reason why we have to take risk if we truly believe the price can go higher and reach its previous ath. As you've said halving may look far still, but the time flies so fast, so while we can still accumulate, do it without hesitation because it's for our own good. But this is if you're not a weak investor and aware of the history of Bitcoin.

[GeorgeJohn]

For price movement it is true that it is starting to improve so many people speculate that there will be a bull run in the near future and some are still holding fast that the bitcoin price has not yet reached the bottom price in the current cycle, for short-term investors it may be very important to know what price predictions will be happen, but if you ask long-term investors, especially if they have experience, I don't think they will be affected by price predictions that may not be their target this year.
My Bitcoin collection is still relatively small because the DCA that I did is still relatively new and the money I save is still relatively small, so I'm embarrassed to mention it again, but I have a target this year to have the success of collecting 1-3 bitcoins.

People here procrastinate the information concerning the speculation of cryptocurrency and mostly Bitcoin in particular, so at this point, nobody knows directly what it will say concerning Bitcoin rising and falling, and if you follow people analysis you will have a dividing attention. It's better to use Bitcoin chart to study and know how effective Bitcoin is going to take.

[KnightElite]

~~~

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

Who is accumulating and how much are you hoping to add to your stash this year?

We can invest in bitcoin whenever we want, bitcoin will always make a profit. But I agree with OP one thing, if someone misses 2022, then maybe this is the last year we see bitcoin under $20k. If we miss this opportunity and when another bull season arrives, buying bitcoin will become even more difficult. Remember the lesson when bitcoin was at 3k in 2018, and if someone didn't buy it, there was no chance.
Of course, we can still invest later, but if you want to make a lot of profit, let's accumulate now, procrastination will not help us become rich.

At some point investors need to accept the fact they need to take a risk and invest in bitcoin, maybe they missed the bottom already or maybe the bottom is yet to come, but that does not matter, what matters is to take action now, because each day it passes the closer we get to the next halving, and while it may still seem to be far away we must not forget that time flies by and before we know it the halving will be around the corner and we may find ourselves without enough bitcoin to fully take advantage of it.

Some of us don't like the idea of buying at the bottom because of their worries that it might turn downward further. Then, will regret not buying at a lower price when they see the price moving upward and they missed to take advantage the much lower price. Just like now the price of Bitcoin is increasing, so if an investor bought at $16k price, it's a decent profit already at this time. That's how unpredicted the price is, we'll never know what lies ahead and it's also the reason why we have to take risk if we truly believe the price can go higher and reach its previous ath. As you've said halving may look far still, but the time flies so fast, so while we can still accumulate, do it without hesitation because it's for our own good. But this is if you're not a weak investor and aware of the history of Bitcoin.

Bottom picking and averaging down are usually the strategy of a lot of investors where they are accumulating when the price of the bitcoin is crashing. There are a set of parameters that should be consider before doing that kind of strategy because a lot of investors have low winning rate and the waiting time is too long for this kind of strategy. That is why for short term traders like us, we prefer to buy in trending markets than to do averaging down to lessen the risks and also to follow my niche. I have low winning rate in accumulating in bottom so it is the reason why I don't recommend it for some traders or investors who want to buy while the prices are crashing. My mentor said that cheap price can become more cheaper price that's why I always be careful on buying at the bottom.

[BobK71]

~~~

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

Who is accumulating and how much are you hoping to add to your stash this year?

We can invest in bitcoin whenever we want, bitcoin will always make a profit. But I agree with OP one thing, if someone misses 2022, then maybe this is the last year we see bitcoin under $20k. If we miss this opportunity and when another bull season arrives, buying bitcoin will become even more difficult. Remember the lesson when bitcoin was at 3k in 2018, and if someone didn't buy it, there was no chance.
Of course, we can still invest later, but if you want to make a lot of profit, let's accumulate now, procrastination will not help us become rich.

At some point investors need to accept the fact they need to take a risk and invest in bitcoin, maybe they missed the bottom already or maybe the bottom is yet to come, but that does not matter, what matters is to take action now, because each day it passes the closer we get to the next halving, and while it may still seem to be far away we must not forget that time flies by and before we know it the halving will be around the corner and we may find ourselves without enough bitcoin to fully take advantage of it.

Some of us don't like the idea of buying at the bottom because of their worries that it might turn downward further. Then, will regret not buying at a lower price when they see the price moving upward and they missed to take advantage the much lower price. Just like now the price of Bitcoin is increasing, so if an investor bought at $16k price, it's a decent profit already at this time. That's how unpredicted the price is, we'll never know what lies ahead and it's also the reason why we have to take risk if we truly believe the price can go higher and reach its previous ath. As you've said halving may look far still, but the time flies so fast, so while we can still accumulate, do it without hesitation because it's for our own good. But this is if you're not a weak investor and aware of the history of Bitcoin.

Bottom picking and averaging down are usually the strategy of a lot of investors where they are accumulating when the price of the bitcoin is crashing. There are a set of parameters that should be consider before doing that kind of strategy because a lot of investors have low winning rate and the waiting time is too long for this kind of strategy. That is why for short term traders like us, we prefer to buy in trending markets than to do averaging down to lessen the risks and also to follow my niche. I have low winning rate in accumulating in bottom so it is the reason why I don't recommend it for some traders or investors who want to buy while the prices are crashing. My mentor said that cheap price can become more cheaper price that's why I always be careful on buying at the bottom.

Many of us may not pay much attention to the price and timing when the price of Bitcoin is down. But when the price get bullish at one point there will be no end of regret. Bitcoin has been below $17K for a long time and has started to turn bullish again since last week. Maybe many didn't accumulate bitcoins before $17K hoping for more dip. Currently btc price reached $21000. This may not be good news for those who haven't collected yet. If it ever comes below $20k again then should buy as much as possible and if not I think the current price is also worthy to invest.

[Fara Chan]

If you notice, we are having slight sustained upward trend, which seem to indicate that barring catastrophic news, such as another FTX, that we can get back to $20k and beyond.

For anyone who is in on this, we know that sub $20k prices are extremely cheap, the thing is that there have been extreme downturns because of the leverage explosion but at the minimum that things return to normal the normal is a 2023 with upside.

Now Bitcoin is increasing, at this time Bitcoin has reached $20.8k, but according to the conditions of this chart it is still significantly increasing, so far we see several charts of coin values besides Bitcoin showing graphs of increases, even though these are signs that the market will be Bullish, of course we have to prepare as best we can, and while we're still not out of the Bear Market, below $20k is a bargain, but we believe based on the chart we're looking at right now, 2023 will be even better than the previous year.

Perhaps at this point we expect a higher Value, in the $30k-$40k range for this small Bull, although it takes a little extra later this month or the middle of the coming month.

[ilovealtcoins]

Who is accumulating and how much are you hoping to add to your stash this year?

I'm still accumulating and I'm not happy when bitcoin goes up and holds above $20k. People are getting very excited to see bitcoin go up because people bought at a higher price, and they don't want to hold any longer. But I like the bitcoin price as low as possible to be able to buy it cheaply. For 20k dollars, I would buy only one bitcoin at the current price, but if bitcoin prices 10k, I can buy two bitcoins. I hope bitcoin will crash again.

[rodskee]

I also see this way that there are some indication that we are having way to 20k but still we are 1k away to take that price again.

but another FTX is dangerous to look at and hope not to another scam  

i was expecting at least 25k for this small bull run , hope that we will cross at least before it happens to dump again while waiting for halving.

Who is accumulating and how much are you hoping to add to your stash this year?

I'm still accumulating and I'm not happy when bitcoin goes up and holds above $20k.

if you are not happy then best to buy more instead of not letting others selling their coins , some of them are loser in the past that only wanted to take out.

[Pierre 2]

I am very happy to see Bitcoin back and alive after all these months. But I am not sure time comes to start accumulating. There may be another trap after this move. Like sudden temporary drop. I am still waiting for that opportunity buy at least 0.5 Bitcoin. I think we won't hit under 10000 dollar levels for sure tho. I guess resistance around 12-17k levels is too strong. Its so strong and bear can't ever break it. So I actually half agree with OP, accumulating windows just started but for the best price I wanna wait.

[Yaunfitda]

I am very happy to see Bitcoin back and alive after all these months. But I am not sure time comes to start accumulating. There may be another trap after this move. Like sudden temporary drop. I am still waiting for that opportunity buy at least 0.5 Bitcoin. I think we won't hit under 10000 dollar levels for sure tho. I guess resistance around 12-17k levels is too strong. Its so strong and bear can't ever break it. So I actually half agree with OP, accumulating windows just started but for the best price I wanna wait.

I think the resistance now is $21k, it seems that eventhough we have broken it, there are a couple of times in the last couple of days that we can't break it or it's hard to maintain that price.

But I do believed that we won't hit $10k as predicted by many before the start of the year.

Because the good thing is that the price suddenly goes on spike, but still though the best time to accumulate because we are still in the $20k'ish price. It's not that we suddenly went from $15k lowest low to $30k, the window is still present for us.