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Author Topic: Impact of bitcoin price speculations on individual bitcoin holding  (Read 949 times)
flyingcarpet
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November 12, 2023, 01:14:14 PM
 #101

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..

Nowadays, there may be people who sell their Bitcoins because things are not going well economically. Most conscious investors try to keep their Bitcoins and other investments in the long term, but as you said, sometimes we may need money and have to sell our investments.

The volatility of the market allows us to buy the investments we had to sell at the same price or at a lower price. While in general the volatility of the market can be a bad situation, in some cases it can be an advantage.
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November 14, 2023, 10:30:41 PM
 #102

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.


So my question is, what has been the impact of Bitcoin market speculation on your Bitcoin/DCA approach on the Bitcoin accumulation journey?

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.

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barisbilgili
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November 15, 2023, 12:42:32 PM
 #103

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.
Some people who use the DCA method in the investments they make of course have prepared themselves for all the situations they will face and also know the risks they will face in the investments they make so they will not be affected if they see speculation. other people do, they just wait to see when they can get a profit from the investment they make.

When trading, of course we have to be very careful in making a decision because if the decision we make is not right, we will certainly experience losses from the trade.
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November 15, 2023, 05:10:03 PM
 #104

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.
Some people who use the DCA method in the investments they make of course have prepared themselves for all the situations they will face and also know the risks they will face in the investments they make so they will not be affected if they see speculation. other people do, they just wait to see when they can get a profit from the investment they make.

When trading, of course we have to be very careful in making a decision because if the decision we make is not right, we will certainly experience losses from the trade.

Yes, that's what differentiates full time trader with amateur traders and short term investors and all it requires is a proper execution based on DCA and one should not get carried away by temporary market volatility because anyone can be tempted by market situation and may go out of rule for some quick back which might not end well. That's why we say being a trader is not that easy and especially back in the days when trading bots were not widely used to be manual task unlike today and in my opinion if a person is using DCA he or she should never divert from that, I used combination of indicators and was earning decent profit but made similar mistake by getting carried out due to emotions and went through tough time.

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November 16, 2023, 07:01:25 AM
 #105

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.
'Should' is the keyword there, plenty of people are worried about it anyway, I do not understand the logic but there are many long term investors who are not really ignoring the market movements and still end up caring about it and maybe even selling out. I do not get why it's like that, but you need to realize that even long term investors are not really staying rock solid during market movements.

I believe that we are going to end up with a situation that has to be a little bit different when there is long term investment, because if you are a long term investor then you should be ignoring the situation and not really be selling out. That would make a lot more sense and it would allow you to get a lot better on the long run.

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November 16, 2023, 09:01:47 AM
 #106

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.


So my question is, what has been the impact of Bitcoin market speculation on your Bitcoin/DCA approach on the Bitcoin accumulation journey?

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.
being affected by daily price movement makes a investors  not a Holder because that made you keep looking towards the value of your capital and losses and not the long term value..
we should keep our funds on HOLD , keep buying but only the amount you can afford to lose and try to keep your eyes close in the process , because the more checking of the market is the more we lose our confidence .
DCA for me is applicable for those who are willing or ready in sideways and not just a one way route .
the problem with others are just pretending to be a HODLER but any time the market moves bad? they are panicking and yes forgetting the holding and end selling even in losses.

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November 16, 2023, 05:09:26 PM
 #107

Nowadays, there may be people who sell their Bitcoins because things are not going well economically. Most conscious investors try to keep their Bitcoins and other investments in the long term, but as you said, sometimes we may need money and have to sell our investments.

The volatility of the market allows us to buy the investments we had to sell at the same price or at a lower price. While in general the volatility of the market can be a bad situation, in some cases it can be an advantage.

For such reason there is a strategy to not use large sum for investment and also set an amount for emergency therefore you will not be in risk when you need money. If you think that your invested amount will become necessary for fulfilment of your need then i think its not wise to make investment with that amount. Selling of bitcoin is not a bad thing but an appropriate worth and year is must for developing a good strategy and by doing such one will be calm and relax about his profit. Also knowledge about specific event should be must like halving which is the better timing of selling bitcoin.

volatility has both advantages and disadvantages so it's up to you that for what you are using it. Patience is the only thing that can bring a good outcomes for you but Patience can be possible if you utilize an extra amount and leave it for longer time without any change in this amount.



 

 

 

 

 

 


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November 16, 2023, 07:44:05 PM
 #108

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.


So my question is, what has been the impact of Bitcoin market speculation on your Bitcoin/DCA approach on the Bitcoin accumulation journey?

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.
being affected by daily price movement makes a investors  not a Holder because that made you keep looking towards the value of your capital and losses and not the long term value..
we should keep our funds on HOLD , keep buying but only the amount you can afford to lose and try to keep your eyes close in the process , because the more checking of the market is the more we lose our confidence .
DCA for me is applicable for those who are willing or ready in sideways and not just a one way route .
the problem with others are just pretending to be a HODLER but any time the market moves bad? they are panicking and yes forgetting the holding and end selling even in losses.
There's really that significant difference among the two if we do speak about being a long term or short term holder on which it is true that once you are really that aiming for long term then you wont really be that making
yourself that mindful about the price movements or conditions on short time manner and since you are really that planning to sell for couple of years or something that do talks about every cycle
then this wont really be that a stressful thing on your part, you cant really just that having the hassle on making price speculations every now and then which its comparable into those who are really that loving
to take some short term decision on which you would really be that too mindful about on the slightest detail or happening within the market. Yes, this market is really that totally unpredictable on which there's
no way that we could really be able to tell on where it would be going but with due to those tools and indicators that we could be able to make use then we do have at least that idea on where it could possible go,
it might not be precise but its better to have rather than on not using something at all.

Just make yourself that versatile and really that making out adjustments on different situations that you might face on. You cant really be that making yourself
be perfect on every step or decision you do make on which it would be normal that you do need to make out adjustments if ever you do encounter something against your speculation.

R


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barisbilgili
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November 17, 2023, 03:31:51 AM
 #109

Some people who use the DCA method in the investments they make of course have prepared themselves for all the situations they will face and also know the risks they will face in the investments they make so they will not be affected if they see speculation. other people do, they just wait to see when they can get a profit from the investment they make.

When trading, of course we have to be very careful in making a decision because if the decision we make is not right, we will certainly experience losses from the trade.

Yes, that's what differentiates full time trader with amateur traders and short term investors and all it requires is a proper execution based on DCA and one should not get carried away by temporary market volatility because anyone can be tempted by market situation and may go out of rule for some quick back which might not end well. That's why we say being a trader is not that easy and especially back in the days when trading bots were not widely used to be manual task unlike today and in my opinion if a person is using DCA he or she should never divert from that, I used combination of indicators and was earning decent profit but made similar mistake by getting carried out due to emotions and went through tough time.
Yes, I agree with you, becoming a trader is not an easy thing to do, it requires a lot of experience and a good understanding of trading because if you don't understand trading well, it is very likely that you will experience failure in the trading that we do.
We must be able to do it consistently in using the DCA method and if we cannot do it consistently, of course this will not make us get little benefit from what we do and it is also important for us to be able to control our emotions when we go through the failures that we do.
Davian144
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November 17, 2023, 10:51:15 AM
 #110

Some people who use the DCA method in the investments they make of course have prepared themselves for all the situations they will face and also know the risks they will face in the investments they make so they will not be affected if they see speculation. other people do, they just wait to see when they can get a profit from the investment they make.
If you still really want to invest by applying this method when buying to invest it in the future, I think that is also quite appropriate for you to do at this time. Moreover, if you yourself don't find it difficult or bothered by this in your own life, of course there is nothing wrong if you continue to do it without stopping with dedication and the hope of better profits through this.

Quote
When trading, of course we have to be very careful in making a decision because if the decision we make is not right, we will certainly experience losses from the trade.
Everyone only needs experience and knowledge to carry out trading, because even though it shouldn't be considered easy, that doesn't mean it should continue to be considered difficult, making us reluctant to do it well. So there is no need to hesitate to do it as long as you have enough knowledge and experience for this, because trading is a job that you can carry out daily, weekly and even monthly by anyone who likes it.
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November 17, 2023, 12:02:20 PM
 #111

The impact of Bitcoin price ? Well , let's just take a quick look at transaction Fee in the last 48 hours because it's now double in value since 2 days ago and just 1 transaction of Bitcoin is up to 22$ in fees which is absolute insane and this will affect once again the Bitcoin network and we will have congested transaction that will won't move for quite some time. This is already a warning sign for what Bitcoin network might look when the real pump will begin... Sad

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sana54210
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November 17, 2023, 06:06:00 PM
 #112

The impact of Bitcoin price ? Well , let's just take a quick look at transaction Fee in the last 48 hours because it's now double in value since 2 days ago and just 1 transaction of Bitcoin is up to 22$ in fees which is absolute insane and this will affect once again the Bitcoin network and we will have congested transaction that will won't move for quite some time. This is already a warning sign for what Bitcoin network might look when the real pump will begin... Sad
I do think that it is a very temporary situation, I do not think that it will go on like that, doesn't feel like it would make sense on the long run to continue that way neither. I believe that we are going to end up with something much smaller and the result will be a lot better one way or another. I get that people may not feel that comfortable about it, and maybe right now a lot less people are spending money on transactions, but I am sure there will be a solution to this one way or another.

I do not know what it would be, but remember how legacy blockchain is still a thing, you can still send money to those addresses that starts with 1, those are even higher, so that means we already figured out a way before so it should not be impossible.
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