Ziskinberg
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2023, 09:16:25 PM |
|
Well, if your thinking is right OP then go for it. I believe you have that experience before so you probably know about it. But we have to remember that the market is unpredictable, we can't say that what happened before will also happen in the next bull season. However, I was sure that some altcoins will be in hype making the investors multiply their money but the question is "which project/coin"? It is somewhat hard to find out which is why I preferred to keep my BTC until the next bull season cause I know that it will pump as well and give me profit.
|
|
|
|
Oilacris
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2023, 10:00:20 PM |
|
Is anyone taking profits or are most of us just DCA?
If you are aiming with higher multipliers or return when it comes to profits then altcoins would be your best choice but if you want at least some assurance and security then Bitcoin would be the best option. If you had able to get in 15k then which to assume out to be the bottom then it is really better if you do have made out some purchase with those points but its not bad to take up some profit and snipping out 0.02 on altcoins which it isnt that a bad idea. Thing here is that you do able to diversify and dont focus or go all in with Bitcoin but its not something a bad option to take too which most people are preferring on this way. It might not bring out huge multiplier or returns but the confidence and assurance is there at least.
|
|
|
|
Captain Corporate
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2023, 10:28:40 PM |
|
I would say to everyone the same thing; if you do not have enough money to stop working ever again and live with your profits, then do not stop doing DCA, on the other hand its going to be pretty tough to stop even if you have money because why not try to keep that in there? It would be smarter to make more money the way you already made. I have been doing DCA even when it was high, and kept doing it when it was low, I just keep on buying more and more bitcoin as much as I could and that is how I managed to turn this into a profit, its definitely something good if you could keep it going for as long as you can.
|
| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
|
|
|
tvplus006
Legendary
Offline
Activity: 2422
Merit: 1843
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2023, 10:54:57 PM |
|
...I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down...
Having such a goal to get x20 is not shameful, but the problem is to correctly identify the object for investment. If you are sure that your choice of altcoin will be correct, then invest in it. But you should remember that investing in altcoins is more risky than in bitcoin, so you should understand that you can completely lose your deposit.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
worle1bm
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 06:25:53 AM |
|
The final decision is yours! But if I were you, I would continue holding it and keep on buying in small quantities. Bitcoin has just started showing an uptrend. It's just the beginning and it won't stop here. So I would keep on buying at the current level.
I would generally avoid altcoins except ETH. But don't sell your bitcoins to buy into altcoins. Invest additional money into it. But again that's my personal take on the situation.
I would also say that if you are not in need of money and have faith in BTC then hold it for long term to take out profits but if you want short term gains then you can also sell it but doing DCA is your wish and how much you want to invest in it.The amount should be invested which is surplus with you and not taking too much risk in it as one loss can turn you down but there's high chances of getting profits from bitcoin in the long run.
|
|
|
|
justdimin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 02:46:58 PM |
|
The final decision is yours! But if I were you, I would continue holding it and keep on buying in small quantities. Bitcoin has just started showing an uptrend. It's just the beginning and it won't stop here. So I would keep on buying at the current level.
I would generally avoid altcoins except ETH. But don't sell your bitcoins to buy into altcoins. Invest additional money into it. But again that's my personal take on the situation.
I would also say that if you are not in need of money and have faith in BTC then hold it for long term to take out profits but if you want short term gains then you can also sell it but doing DCA is your wish and how much you want to invest in it.The amount should be invested which is surplus with you and not taking too much risk in it as one loss can turn you down but there's high chances of getting profits from bitcoin in the long run. Serious investors are well planned and don't put all their money in one basket so that they still have something to get in tough times and there is no need for them to sell their Bitcoin. They can also use some of their pocket money to do a DCA but I know many are not organized as that so they can't help it but to sell some of their Bitcoins only to have money to survive. This isn't wrong as long as they will buy back again after some time. Losses (especially bigger ones) can indeed turn us down but this wasn't the end. As long as we try to divert our attention to positive things again and prevent ourselves from selling at a loss then there is still a chance that we can recover.
|
|
|
|
ethereumhunter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 03:37:29 PM |
|
I first started investing in Bitcoin after the June crash last year.
I had accumulated 0.07 Bitcoin before we started pumping a few weeks ago and have since sold 0.02 which currently leaves me with 0.05.
I decided to sell and put the profits into other altcoins I believe will see greater gains in the next bull run.
I am not sure if I should continue selling my Bitcoin the more we pump or if I should start to DCA again.
My thinking behind selling is although I got in at a good price (my current average buy is £15k), that it is only a 6x from £100k which is the expected amount Bitcoin will reach next bull run.
A 6x is good if you have thousands of pounds to invest , but I do not.
I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
Is anyone taking profits or are most of us just DCA?
I haven't profited on bitcoin bulls at the moment and still have it sitting in my wallet. If I do the math, I made a profit because I could buy at a low price of around $16k-$17k but I believe that the current price could go even higher. I have a high target price, which is above $69k and if the price can exceed $69k, I may sell slowly or half of the total bitcoins I have and prepare to buy at low prices again. And it will depend on your strategy because if you want bigger profits, you can wait and continue doing DCA. But if not, you can sell some of your bitcoins and buy bitcoin again when the correction comes. I do not recommend buying in altcoins but it's up to you.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
ShowOff
Legendary
Offline
Activity: 2716
Merit: 1193
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 05:59:33 PM |
|
Most of the assets I own so far are bitcoin, and there are very few altcoins there including a few stablecoin. I have never thought that asset diversification is wrong, and I think diversification is also necessary because basically both bitcoin and altcoin provide benefits for their investors. So it doesn't matter if you invest in both especially because of the diversification. Then from that, DCA is just one strategy that helps and you can apply it to altcoin and bitcoin investments.
I agree with the DCA strategy for bitcoin and altcoin investments because the prices of both are very volatile. DCA will help investors to get lower prices, and not infrequently investors can generate decent profits because of it.
|
| | | . .Duelbits. | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | TRY OUR
NEW UNIQUE GAMES! | | . ..DICE... | ███████████████████████████████ ███▀▀ ▀▀███ ███ ▄▄▄▄ ▄▄▄▄ ███ ███ ██████ ██████ ███ ███ ▀████▀ ▀████▀ ███ ███ ███ ███ ███ ███ ███ ███ ▄████▄ ▄████▄ ███ ███ ██████ ██████ ███ ███ ▀▀▀▀ ▀▀▀▀ ███ ███▄▄ ▄▄███ ███████████████████████████████ | . .MINES. | ███████████████████████████████ ████████████████████████▄▀▄████ ██████████████▀▄▄▄▀█████▄▀▄████ ████████████▀ █████▄▀████ █████ ██████████ █████▄▀▀▄██████ ███████▀ ▀████████████ █████▀ ▀██████████ █████ ██████████ ████▌ ▐█████████ █████ ██████████ ██████▄ ▄███████████ ████████▄▄ ▄▄█████████████ ███████████████████████████████ | . .PLINKO. | ███████████████████████████████ █████████▀▀▀ ▀▀▀█████████ ██████▀ ▄▄███ ███ ▀██████ █████ ▄▀▀ █████ ████ ▀ ████ ███ ███ ███ ███ ███ ███ ████ ████ █████ █████ ██████▄ ▄██████ █████████▄▄▄ ▄▄▄█████████ ███████████████████████████████ | 10,000x MULTIPLIER | │ | NEARLY UP TO .50%. REWARDS | | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
harizen
Legendary
Offline
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 06:18:09 PM |
|
You will really end up testing different strategies and taking risks before knowing the result of those "what ifs "
If your chosen strategy or plan will be effective or not, only you will know as you progress.
After a series of tests for quite a long period of time, regardless if you are winning or losing, somehow you should be able now to make your own conclusion. The several tests you made will be a good reference in making your future strategy.
|
|
|
|
Smartvirus
Legendary
Offline
Activity: 1554
Merit: 1139
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 08:17:06 PM |
|
Most of the assets I own so far are bitcoin, and there are very few altcoins there including a few stablecoin. I have never thought that asset diversification is wrong, and I think diversification is also necessary because basically both bitcoin and altcoin provide benefits for their investors. So it doesn't matter if you invest in both especially because of the diversification.
Taking profit has been most useful for altcoins but not so much for bitcoin. Altcoins for most of it haven't been a commodity that you invest in with a long term intent given that, even the best or promising altcoins can dip in a vear market and never rises again. Why not that? Its mostly because, investors have taken profit and it becomes really risky to keep faith with such project. When it comes to bitcoin, it's entirely different as, its got some securities on its part by promises of a future usage. Bitcoin being the one truly decentralized currency stands out as one whom is sure not to fail. Has history on its side and keeps growing no matter what. An asset to own for sure.
|
|
|
|
lalabotax
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 08:43:18 PM |
|
Having such a goal to get x20 is not shameful, but the problem is to correctly identify the object for investment.
Actually it is possible. but it is too risky because we will not know which altcoins that will really rise up more than 20x higher than the current price. Moreover, not all Altcoins are able to survive and then continue reaching the previous All Time High rven in the next bullish era. So, yes, I think that choosing altcoins will be much risky. I personally will prefer to Bitcoin and continue to do DCA if possible. but once again, it will depwnd on the OP conditon and consideration. as long as the OP is able to hold the risk, it may not be a matter for him.
|
|
|
|
goaldigger
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 09:08:48 PM |
|
Having such a goal to get x20 is not shameful, but the problem is to correctly identify the object for investment.
Actually it is possible. but it is too risky because we will not know which altcoins that will really rise up more than 20x higher than the current price. Moreover, not all Altcoins are able to survive and then continue reaching the previous All Time High rven in the next bullish era. So, yes, I think that choosing altcoins will be much risky. I personally will prefer to Bitcoin and continue to do DCA if possible. but once again, it will depwnd on the OP conditon and consideration. as long as the OP is able to hold the risk, it may not be a matter for him. Always have the target price so you won’t miss any chance to take profit. Do DCA with a target, don’t just do this without knowing when to stop. If BTC hits a good price and its already your target price, better to take profit without any regret. DCA is a good strategy and many are doing that right now because the bull is about to come and they want to be more prepared, BTC is always a good option for long term.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
|
|
|
stompix
Legendary
Offline
Activity: 2996
Merit: 6556
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 09:35:30 PM |
|
Depends on where you entered and how long you think you can hold your Bitcoin.
If you bought it around $15,000 or $16,000 I actually think $23,000 or $24,000 is a very good price to take profit. Bitfoin can rise more to $28,000 or even to $30,000 but it is a kind of greedy gambling.
He said £15k , so that's $18k, plus he said he sold earlier so high chance he did it lower than 24k. Out of pure curiosity, I ran two DCA calculators from June last year and they both show a profit of ~20%, https://www.dca-cc.com/dca/bitcoin?investment=10&investmentInterval=7&dateFrom=2022-06-20&dateTo=2023-02-01&duration=591¤cy=usdhttps://cryptohead.io/dca-crypto-calculator/?crypto=bitcoin&fiat=USD&qty=7&frequency=weekly&start=2022-06-20&finish=2023-01-27so, it's not like wanting a bit more could be called greed around here, 20% gain is nothing compared to the targets others have around here. Still, OP is talking about wanting 20x and he cashed out at 1.2x, this is a bit weird. For many people, DCA is something unattainable... simply the costs (weekly/monthly) are greater than the (weekly/monthly) income. It has always been and always will be, the ones who have the means to save can do it in many different ways (one of them is investing in risky ventures), and the ones who don't will be trapped in the "magical circle of poverty".
I don't understand how somebody who does DCA on Bitcoin can end trap in a circle of poverty unless you hint at the price going to zero. DCA is simply making a target of the amount you're able to invest each day or week and do exactly that, not exceeding your means by anything, that's FOMO, once you can't afford DCA anymore you quit investing, I don't think anyone is stupid enough to do this kind of long term investing with borrowed money!
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Mahanton
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 09:47:39 PM |
|
Having such a goal to get x20 is not shameful, but the problem is to correctly identify the object for investment.
Actually it is possible. but it is too risky because we will not know which altcoins that will really rise up more than 20x higher than the current price. Moreover, not all Altcoins are able to survive and then continue reaching the previous All Time High rven in the next bullish era. So, yes, I think that choosing altcoins will be much risky. I personally will prefer to Bitcoin and continue to do DCA if possible. but once again, it will depwnd on the OP conditon and consideration. as long as the OP is able to hold the risk, it may not be a matter for him. Always have the target price so you won’t miss any chance to take profit. Do DCA with a target, don’t just do this without knowing when to stop. If BTC hits a good price and its already your target price, better to take profit without any regret. DCA is a good strategy and many are doing that right now because the bull is about to come and they want to be more prepared, BTC is always a good option for long term. Its a must thing because we know that profit do always count as a profit and it would be much more preferable rather than on going for long term holds which i do prefer because i cant really be that so confident on doing so. I dont have the patience when it comes on long term holds because we dont know on what would happen in the future.Its better to cherish or make use of those money or profits you had gain on something important on which i do prefer rather than on making those holds which im not really that much preferring into but i do have some coins that had been stashed up for long term but in bigger allocation which i do always make out active approach towards my crypto investment.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Viscore
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 09:48:40 PM |
|
I first started investing in Bitcoin after the June crash last year.
I had accumulated 0.07 Bitcoin before we started pumping a few weeks ago and have since sold 0.02 which currently leaves me with 0.05.
I decided to sell and put the profits into other altcoins I believe will see greater gains in the next bull run.
I am not sure if I should continue selling my Bitcoin the more we pump or if I should start to DCA again.
My thinking behind selling is although I got in at a good price (my current average buy is £15k), that it is only a 6x from £100k which is the expected amount Bitcoin will reach next bull run.
A 6x is good if you have thousands of pounds to invest , but I do not.
I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
Is anyone taking profits or are most of us just DCA?
I’m not sure if there are a lot of taking profits by now as the market is not completely impressive and profitable enough to sell our bitcoin. That’s why I stay doing DCA and only decide to sell when I think it’s the perfect time to sell. Though bitcoin price is starting to create a slight price increase, but knowing how volatile it is, it might drop again in the next following days. The reason why I only focus on DCAing to fill in my portfolio with bitcoin.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
Scripture
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 09:49:00 PM |
|
The market is getting better now but there’s still a chance for the correction so DCA might still work for this year and just like the other suggestion here, have your target price for profit taking because that is the rule of profit, you can’t have it if you will not sell it.
Stop questioning the market your “What if”, the price will always go up and down so better to always have your target and focus on that, being greedy here is not good at all. Continue DCA if the price is still far from the target, don’t be in a rush.
|
|
|
|
Oceat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 10:28:12 PM |
|
The market is getting better now but there’s still a chance for the correction so DCA might still work for this year and just like the other suggestion here, have your target price for profit taking because that is the rule of profit, you can’t have it if you will not sell it.
Stop questioning the market your “What if”, the price will always go up and down so better to always have your target and focus on that, being greedy here is not good at all. Continue DCA if the price is still far from the target, don’t be in a rush.
It's better to continue doing the DCA at least it will help in the long run and Bitcoin's bull run is just around the corner next year. I don't trust most altcoins that much since most of them aren't worth it to hold, they're just a bunch of copycat of Bitcoin that serves no purpose. Stop being greedy or thinking too much on how much you would take profit during the bull market you might not get what you want since you are blinded with your idea on how much you would earn during the bull market. Just focus on what you can do right now or what you can afford to lose on investment. There are no millionaire in one day.
|
3996
|
|
|
lionheart78
Legendary
Offline
Activity: 2954
Merit: 1153
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2023, 11:23:12 PM |
|
Is anyone taking profits or are most of us just DCA?
Obviously we must take profit one day. But to take profit this early, I think you will be missing out huge on this coming bull market. But it is your bitcoin so do whatever you think is right for you. But, if you ask me, I would rather keep on DCA'ing since the current Bitcoin cycle is only starting and hasn't fully reached the cycle's top which supposes to happen a year after Bitcoin halving. Altcoin investment is sure attractive due to its high payout but, be informed that Altcoin market is way more risky than Bitcoin. I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down. This figure is really attractive to invest in but the question would be, could these altcoin have the capability to bounce back. If it does not have then you are just putting you profit in risk of losing the.
|
| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
|
|
|
$crypto$
Legendary
Offline
Activity: 2492
Merit: 1060
Smart is not enough, there must be skills
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2023, 01:45:43 AM |
|
The market is getting better now but there’s still a chance for the correction so DCA might still work for this year and just like the other suggestion here, have your target price for profit taking because that is the rule of profit, you can’t have it if you will not sell it.
Stop questioning the market your “What if”, the price will always go up and down so better to always have your target and focus on that, being greedy here is not good at all. Continue DCA if the price is still far from the target, don’t be in a rush.
It's better to continue doing the DCA at least it will help in the long run and Bitcoin's bull run is just around the corner next year. I don't trust most altcoins that much since most of them aren't worth it to hold, they're just a bunch of copycat of Bitcoin that serves no purpose. Stop being greedy or thinking too much on how much you would take profit during the bull market you might not get what you want since you are blinded with your idea on how much you would earn during the bull market. Just focus on what you can do right now or what you can afford to lose on investment. There are no millionaire in one day. Well that's the best way for the long term then the DCA method is the most appropriate to collect bitcoin before the bullish comes and we still have time to do it as long as bitcoin is still low, remember altcoins have no definite purpose dumps often occur in the market so don't do it on altcoins and we focus more on bitcoin only. In my opinion, while you can take short-term profits, it's not a problem, but I won't take this action unless you hold it for a certain period and what you hope for is a real bullish one in 2024 or 2025, which is a prediction that bitcoin will ATH again.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
dansus021
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 04, 2023, 01:54:54 AM Merited by fillippone (2) |
|
If you come to trading or crypto you might notice this word "Fear and Greed" or the simple version term is Fear when the price keep falling down but greed when it is not enough when the price is up.
If I were you I will keep continue my DCA when the market at a consolidation zone or correction but take profit some, so when the market goes bad you still made a profit and feel good about it.
But keep HODLL the big chunk or your coin
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
|