Joshapat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2023, 10:49:29 AM |
|
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell.
|
|
|
|
justdimin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 06, 2023, 09:28:40 AM |
|
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell.
That is why there are now a lot more companies that go into it as well. We are hearing more and more places end up with buying thousands of bitcoins. Because they know what they are doing and that is the important part of it. We need to arrange something that would make more sense that way and you could end up with a return that would be profitable in the end. I get that we are going end up with more and more as well, that is going to end up with something that should result with a return that would be huge enough for those companies. Imagine putting 2-3 billion dollars into bitcoin today, and then it goes to ATH, that would be nearly 3x return easily and that would be more profit for that company then anytime they had before that.
|
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 07, 2023, 08:03:36 PM |
|
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell.
That is why there are now a lot more companies that go into it as well. We are hearing more and more places end up with buying thousands of bitcoins. Because they know what they are doing and that is the important part of it. We need to arrange something that would make more sense that way and you could end up with a return that would be profitable in the end. I get that we are going end up with more and more as well, that is going to end up with something that should result with a return that would be huge enough for those companies. Imagine putting 2-3 billion dollars into bitcoin today, and then it goes to ATH, that would be nearly 3x return easily and that would be more profit for that company then anytime they had before that. Many people still have their eyes closed and they are allowing all of those companies to buy a lot of bitcoin and still they refuse to take action, by the time they wake up to the fact that bitcoin is a great investment bitcoin could be worth hundreds of thousands of dollars and be at the peak of the next bull run, and instead of simply accepting they failed to predict what this market will do and wait for their next chance, they will buy at that price and suffer incredible losses once the bear market appears.
|
|
|
|
Gozie51
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 08, 2023, 01:00:03 PM |
|
Many people still have their eyes closed and they are allowing all of those companies to buy a lot of bitcoin and still they refuse to take action, by the time they wake up to the fact that bitcoin is a great investment bitcoin could be worth hundreds of thousands of dollars and be at the peak of the next bull run, and instead of simply accepting they failed to predict what this market will do and wait for their next chance, they will buy at that price and suffer incredible losses once the bear market appears.
It is usually the case that when the bull kicks up and gets to its peak, some people who don't have that mind for risk will begin to make regretful comments of not taking the opportunity of low price to invest. At the moment, some people are still waiting for the price to drop to $20,000, $15,000 and even far below, probably they are looking at btc historical move during the year before halving but things have changed so maybe what we could be seeing is the buttom for this year before halving. The price is still good to dive in but not a professional advise, DYOR.
|
|
|
|
MFahad
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 12, 2023, 12:29:19 PM |
|
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell. previously people didn't believe about the profitable characteristics of bitcoin but now as they saw that how middle class individuals altered their situations into moneyed one then they started excepting bitcoin. Although market is not easily understandable so your suggestion is better that sell whenever you have profit but lots of people don't believe this fact as a result of which they miss out the chance and then blaming bitcoin. Every time people hear about Bitcoin's success but they refuses to buy it, when others achieve profit then they create an idea to buy bitcoin but you all know that in Bull run how risky is the buying of bitcoin. Accept the truth about the bitcoin that it is successful investment chance because others can only give you suggestions but neither he is taking your profit nor pay for your loss so think wisely and understand the market well.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
milewilda
Legendary
Offline
Activity: 3220
Merit: 1146
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2023, 06:14:06 PM |
|
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell.
That is why there are now a lot more companies that go into it as well. We are hearing more and more places end up with buying thousands of bitcoins. Because they know what they are doing and that is the important part of it. We need to arrange something that would make more sense that way and you could end up with a return that would be profitable in the end. I get that we are going end up with more and more as well, that is going to end up with something that should result with a return that would be huge enough for those companies. Imagine putting 2-3 billion dollars into bitcoin today, and then it goes to ATH, that would be nearly 3x return easily and that would be more profit for that company then anytime they had before that. Many people still have their eyes closed and they are allowing all of those companies to buy a lot of bitcoin and still they refuse to take action, by the time they wake up to the fact that bitcoin is a great investment bitcoin could be worth hundreds of thousands of dollars and be at the peak of the next bull run, and instead of simply accepting they failed to predict what this market will do and wait for their next chance, they will buy at that price and suffer incredible losses once the bear market appears. Here's always the common scenario; EXTREME FEAR when the price is going down or having that extreme bearish state, So they do skip on buying coins while its cheap GETTING FOMO on the time that the price is already going up or already expensive. They would really be considering on purchasing coins believing that the price would shoot up even more. If you are really that having those fix mindset about holding no matter what then market movements wont really be an issue for you since you do already have that kind of goal or target that you would be only selling out on to those years that you do have in mind.Long term could really mean about a single year or couple of years or even a decade and this is something that differs with each persons personal target and this is why there's no way on telling on what it would be. If ever you do find yourself that being impulsive or having those kind of changes in plans on the time on watching price movement then it would be ideal that you should really be stop on looking the market condition too often. It would really be making out such effect into your initial or earlier plans which you might really be ending up on getting that kind of regret if ever you had made out a bad decision.
|
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2023, 08:35:35 PM |
|
Many people still have their eyes closed and they are allowing all of those companies to buy a lot of bitcoin and still they refuse to take action, by the time they wake up to the fact that bitcoin is a great investment bitcoin could be worth hundreds of thousands of dollars and be at the peak of the next bull run, and instead of simply accepting they failed to predict what this market will do and wait for their next chance, they will buy at that price and suffer incredible losses once the bear market appears.
It is usually the case that when the bull kicks up and gets to its peak, some people who don't have that mind for risk will begin to make regretful comments of not taking the opportunity of low price to invest. At the moment, some people are still waiting for the price to drop to $20,000, $15,000 and even far below, probably they are looking at btc historical move during the year before halving but things have changed so maybe what we could be seeing is the buttom for this year before halving. The price is still good to dive in but not a professional advise, DYOR. And that is what bothers me, I mean I can understand that people were afraid to invest in bitcoin when we reached 15k as at the time the price was dropping hard and almost no one was predicting that a recovery was coming, however the price of bitcoin has been stuck close to the 26k level for quite some time now, and even the most conservative predictions I have seen for the next bull market put bitcoin above 100k, so that is roughly a 300% gain in a matter of just one year, so if people do not want to invest now then they have no right at all to complain once the bull market allow us to reach those levels.
|
|
|
|
bitgolden
Legendary
Offline
Activity: 2912
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 16, 2023, 08:50:15 PM |
|
Bitcoin price speculations is one of the market tools used by market speculators to take position in the market and in doing that DCA evaluation is the market calibrator used to determine what direction their approach will be either to take profits or buy during the discount level.
This tool has made our journey in Bitcoin accumulation smooth and rough at the same time, but the impact of the reality of this approach is equal to individual positions when taking that approach to define the market.
Depending on who says it. I mean when Elon says something things tend to go up, which is why I think who says what matters. People try to avoid that, and I agree that Elon saying something good about bitcoin or doge should not make others buy, why would him saying anything good could mean higher prices, there is just one reason and that is simply because it would be a moment where people buy, so you know others will buy and you buy because of that but others are buying because they think you are one of the others, to everyone others are others but as a community that is a big mistake. We should try to avoid it, but price speculations based on some famous people are always going to be a good reason to make it move.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
flyingcarpet
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 16, 2023, 09:43:46 PM |
|
Bitcoin price speculations is one of the market tools used by market speculators to take position in the market and in doing that DCA evaluation is the market calibrator used to determine what direction their approach will be either to take profits or buy during the discount level.
This tool has made our journey in Bitcoin accumulation smooth and rough at the same time, but the impact of the reality of this approach is equal to individual positions when taking that approach to define the market.
Depending on who says it. I mean when Elon says something things tend to go up, which is why I think who says what matters. People try to avoid that, and I agree that Elon saying something good about bitcoin or doge should not make others buy, why would him saying anything good could mean higher prices, there is just one reason and that is simply because it would be a moment where people buy, so you know others will buy and you buy because of that but others are buying because they think you are one of the others, to everyone others are others but as a community that is a big mistake. We should try to avoid it, but price speculations based on some famous people are always going to be a good reason to make it move. Even though we see the change in price as dangerous and wrong because of Elon's words, I think we will experience it again. Because when there is a crowded movement and everyone has the same expectations, people do not want to stay away from this price movement. Yes, as you say, it depends on who's saying it. I think every investor should be careful and act with their own decisions. Collective action can sometimes bring high profits, and this is a situation in which the person participates with his own decision. That's why events like this will never end in the market.
|
|
|
|
Natsuu
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2023, 08:28:50 AM |
|
Even though we see the change in price as dangerous and wrong because of Elon's words, I think we will experience it again. Because when there is a crowded movement and everyone has the same expectations, people do not want to stay away from this price movement. Yes, as you say, it depends on who's saying it. I think every investor should be careful and act with their own decisions. Collective action can sometimes bring high profits, and this is a situation in which the person participates with his own decision. That's why events like this will never end in the market. I think it's because Elon is one of the most influential people especially when we are speaking of the technology industry. It's very easy to give information to him because he has Twitter now called X. His tech companies are Tesla Motors and Space X. Those are also holding companies. No wonder why his simple tweets give fear to a normal person. It affects the investment of other people as he can manipulate prices because they are one of those big holdings or whales. Or maybe, Elon has the intel for him to predict price runs that he just timed his tweets or speaks. Probably just a coincidence? We don't know. But the only thing that is certain is you are still the one who is in control of your own investment.
|
|
|
|
Davian144
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2023, 10:25:54 AM |
|
Even though we see the change in price as dangerous and wrong because of Elon's words, I think we will experience it again. Because when there is a crowded movement and everyone has the same expectations, people do not want to stay away from this price movement.
I think this is a quite natural reason when there are many people or society who don't want to stay away from these price movements, because most people really want better price movements for the cryptocurrency they are holding at that time. So in cases like that, everyone can't blame anyone because everyone has the desire to gain profits through price movements that they may have been waiting for a long time. Yes, as you say, it depends on who's saying it. I think every investor should be careful and act with their own decisions. Collective action can sometimes bring high profits, and this is a situation in which the person participates with his own decision. That's why events like this will never end in the market.
Dependence on who says it still exists, because people like Elon Musk still have more followers who generally really believe in what he says regarding things in the market, even though these followers also have no guarantee of getting profits as they want even though they have followed what Elon Musk has said. So I still quite agree with continuing to be careful in making every decision when dealing with market conditions and cryptocurrency.
|
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 21, 2023, 08:15:58 PM |
|
Even though we see the change in price as dangerous and wrong because of Elon's words, I think we will experience it again. Because when there is a crowded movement and everyone has the same expectations, people do not want to stay away from this price movement.
Yes, as you say, it depends on who's saying it. I think every investor should be careful and act with their own decisions. Collective action can sometimes bring high profits, and this is a situation in which the person participates with his own decision. That's why events like this will never end in the market.
When it comes to meme coins there is little doubt that the words of Elon carry massive weight and those which follow those coins are always monitoring his social media accounts to see if there is any mention of those coins there, since they know that as soon as this happens then a massive movement will happen and they do not want to miss it, however when it comes to bitcoin I do not think Elon has that power anymore, and this is because due to his own actions he has lost any credibility among the long term holders.
|
|
|
|
mirakal
Legendary
Offline
Activity: 3234
Merit: 1291
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 04, 2023, 11:35:35 PM |
|
Is there any way to truly know the top? When people make comments about selling at the top and buying at the bottom for a trending market, it always sound like complex to me because market can give several supposed tops within a short period.
No there's no way any individual can predict the top of the market for the price of Bitcoin and also there's no way to know the bottom of Bitcoin. My approach to buying Bitcoin is like how most individual buy which is to DCA but I don't let any information that doesn't correspond with what the charts are saying affect my decision to buy more Bitcoin or to sell. Any individual allowing what others are saying about the price of bitcoin affect them isn't ready to buy Bitcoin. Alot of things are always said about bitcoin but they don't know what they're saying because they don't have any real backing. People always make predictions based on how they're feeling about the market but that doesn't mean that's how the market is going to move. However, despite of the fact that no one holds the future price of bitcoin, there are still some reliable market speculators that based their predictions from their past experiences in the market. And for me, it’s something that we should also try to consider as history can bring much effect on the present and on the future even if at some point, history do not repeat itself. At the end of the day, it’s still best to rely on our own market predictions and just do DCA everytime there is spare money to invest, most especially when the market is showing a bearish market price wherein we can maximize buying some coins at its perfect market entry.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
jeraldskie11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 05, 2023, 11:40:10 PM |
|
So my question is, what has been the impact of Bitcoin market speculation on your Bitcoin/DCA approach on the Bitcoin accumulation journey?
My prediction for Bitcoin's price is that it will reach or break the all-time high next year. Because this is a positive speculation, it will have a favorable effect on my emotions. This is based on my analysis, and I am confident that it will unfold as shown in the chart. DCA is fine but not the best; if you're good at analyzing, I believe the best strategy to maximize your reward is to figure out the lowest bottom and invest all of your funds at once. DCA is, in my opinion, the finest technique to protect your investment, which is why many investors still use it today.
|
|
|
|
jaberwock
Legendary
Offline
Activity: 2660
Merit: 1074
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 09:38:46 AM |
|
So my question is, what has been the impact of Bitcoin market speculation on your Bitcoin/DCA approach on the Bitcoin accumulation journey?
My prediction for Bitcoin's price is that it will reach or break the all-time high next year. Because this is a positive speculation, it will have a favorable effect on my emotions. This is based on my analysis, and I am confident that it will unfold as shown in the chart. DCA is fine but not the best; if you're good at analyzing, I believe the best strategy to maximize your reward is to figure out the lowest bottom and invest all of your funds at once. DCA is, in my opinion, the finest technique to protect your investment, which is why many investors still use it today. No, he isn't asking for our prediction but he is asking about the impact of speculation. I think doesn't only mean our own speculation but also the others as well. Your speculation might be positive but what if the majority is negative? I guess that will still affect us negatively. Also, he isn't only talkin about the DCA strategy but others as well. DCA is continuous buying, so we may stop it for a while if we are not in the mood but other strategy such as all-in, can still be done since it is only being done rarely. In investing, it's important to be careful and invest only what you can afford to lose even if you are too confident because the market is still very unpredictable.
|
|
|
|
boty
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 02:09:48 PM |
|
No, he isn't asking for our prediction but he is asking about the impact of speculation. I think doesn't only mean our own speculation but also the others as well. Your speculation might be positive but what if the majority is negative? I guess that will still affect us negatively. Also, he isn't only talkin about the DCA strategy but others as well.
DCA is continuous buying, so we may stop it for a while if we are not in the mood but other strategy such as all-in, can still be done since it is only being done rarely. In investing, it's important to be careful and invest only what you can afford to lose even if you are too confident because the market is still very unpredictable.
If we choose other people's speculation and experience failure with that speculation, it will certainly be very detrimental to us and we also have to re-learn about speculation so that we don't make a mistake in deciding to take speculation that is suitable for investing. Using the DCA method will certainly be very beneficial if we have passive income. We can use this method. Yes, you are right, we must always be careful in making investments so that we don't make a mistake in doing it so that we can suffer losses from the investments we make.
|
|
|
|
uswa56
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 02:51:45 PM |
|
No, he isn't asking for our prediction but he is asking about the impact of speculation. I think doesn't only mean our own speculation but also the others as well. Your speculation might be positive but what if the majority is negative? I guess that will still affect us negatively. Also, he isn't only talkin about the DCA strategy but others as well.
DCA is continuous buying, so we may stop it for a while if we are not in the mood but other strategy such as all-in, can still be done since it is only being done rarely. In investing, it's important to be careful and invest only what you can afford to lose even if you are too confident because the market is still very unpredictable.
It all depends on each individual, for me the impact of Bitcoin speculation that is different from my speculation will have a big impact on the Bitcoin investment that I make, sometimes I make mistakes because of panic which I end up regretting. Even though I have experienced it several times, it cannot be denied that different speculations have had a big impact on me, be it positive or negative. Therefore, it is better to invest according to the knowledge we have or the confidence in the speculation we make. Everyone will certainly be careful in investing, but if knowledge is still minimal it will be very risky.
|
████████████████████ BitList ████████████████████ Real-Time Data Tracking Curated by The Community │││││││││││││ List #kycfree Websites │││││││││││││
|
|
|
snipie
Legendary
Offline
Activity: 3262
Merit: 1141
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 04:12:21 PM |
|
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell.
It is similar to having land or property that increases in price and people sell it then after several years they find out that the price is like 10x what they sold out and regret not waiting for a longer period. The only difference is that Bitcoin price is fluctuating comparing to FIAT. I myself kinda regretted selling few mBit at $26k few weeks ago but I needed it at that time so I don't have anything else to do but definitely I am holding whenever I could and as long as possible. People should trust Bitcoin regardless of the heavy market fluctuations..
|
|
|
|
Negotiation
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 06:47:48 PM |
|
When Bitcoin became increasingly popular several years ago, there were many suggestions from investment experts to make Bitcoin an alternative or even the main investment choice because of the large profit opportunities. This made many people have the ambition to become millionaires just by buying and holding Bitcoin, and of course when they saw the situation. The market is difficult so when there is an increase they immediately sell.
Yes investors can understand the exact position of the market so they can easily understand the difference in price and hold bitcoins and sell when the price rises. Bitcoin is more popular than before due to its users, supply and demand. As long as it retains the properties associated with money and there is demand for it it will remain a medium of exchange a store of value and another means of speculating for investors becoming a major investment regardless of its monetary value.
|
|
|
|
taufik123
Legendary
Online
Activity: 2632
Merit: 1806
Rollbit.com | Crypto Futures
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 07:21:48 PM |
|
-snip- The only difference is that Bitcoin price is fluctuating comparing to FIAT. I myself kinda regretted selling few mBit at $26k few weeks ago but I needed it at that time so I don't have anything else to do but definitely I am holding whenever I could and as long as possible. People should trust Bitcoin regardless of the heavy market fluctuations..
It's unfortunate that you sold at a lower price, when it would have been worth more today if you had kept it. If you're selling your holdings it must be because of an urgent need, but if you're aiming for a long-term investment you should be using free money that isn't being used for any other purpose, even if it's urgent, because it really is a long-term investment. You have to learn from that and Bitcoin fluctuations are quite large and will affect all altcoins, but believe that Bitcoin will be a safer investment than other altcoins and will provide more benefits than FIAT. Moreover, we can be patient and hold until ATH is reached, it will provide more benefits.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
|