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Author Topic: As Bitcoin Prepare for more Bull, What's your Decision  (Read 434 times)
teamsherry
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April 27, 2024, 09:05:46 PM
 #61

It's already clear what most of our decision s would be which is to hold, bitcoin is just in it's early stage of bull and we are still expecting a lot from it, the current price of 60k is just a sign that bitcoin would surpass it's ATH by a margin and set a new ATH record of about 150k, I'm saying this this cause we are still not less than 2 months into the bull earlier this January the price was still consolidating around 35k-40k now we are seeing an awesome 60k, anyone who bought around then should already have a doubling effect on his investment, and if you ask me the only way to prepare for more up is to buy even more bitcoin.

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April 27, 2024, 09:24:44 PM
 #62

With all of the market price targets in mind still, my end goal is going to be profit, and probably going to be real estate in the end which is going to be a much safer investment if you're going to ask me for sure it's going to be a huge thing if we are going to Hold Bitcoin for a long time, it might even rich a market price that we don't even think is going to be possible, but if you're just going to hold forever there might be no point at all since you're not going to use that money into something really want to. I mean if your investment was for your future then use it for your future, if you already make enough money then sell it and use it for something that you think is even better right?

So when the Bullrun comes, the only option is to sell for sure since it is the best time to sell Bitcoin, and then I'm gonna wait again for another opportunity to make a profit on it, possibly I might need to accumulate Bitcoin again over but at least I did make a huge profit already, just repeating it overtime is going to make me more profit in the future. I mean with many sources of income this investment just became as a kind of side hustle and I could still survive with my full-time job.


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April 27, 2024, 09:46:46 PM
 #63

It's already clear what most of our decision s would be which is to hold, bitcoin is just in it's early stage of bull and we are still expecting a lot from it, the current price of 60k is just a sign that bitcoin would surpass it's ATH by a margin and set a new ATH record of about 150k, I'm saying this this cause we are still not less than 2 months into the bull earlier this January the price was still consolidating around 35k-40k now we are seeing an awesome 60k, anyone who bought around then should already have a doubling effect on his investment, and if you ask me the only way to prepare for more up is to buy even more bitcoin.
Exactly. Just continue to accumulate more bitcoin while bitcoin price has not yet achieved its new all time high, and then hold throughout the process. This is the best possible way so you can prepare yourself and your portfolio for the next bull run, and reap massive profits in the end. Do the DCA with your spare money, so that you won’t be bothered by price correction that may happen anytime, and won’t end up with panic selling because the price of your investment is dropping.

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April 27, 2024, 11:01:52 PM
 #64

It's already clear what most of our decision s would be which is to hold, bitcoin is just in it's early stage of bull and we are still expecting a lot from it, the current price of 60k is just a sign that bitcoin would surpass it's ATH by a margin and set a new ATH record of about 150k, I'm saying this this cause we are still not less than 2 months into the bull earlier this January the price was still consolidating around 35k-40k now we are seeing an awesome 60k, anyone who bought around then should already have a doubling effect on his investment, and if you ask me the only way to prepare for more up is to buy even more bitcoin.

I agree. in my case I'm waiting for the price of bitcoin to drop to at least $50,000 or even $40,000 so I can buy a lot and do long-term hodl, if the price of bicoin doesn't drop to $40,000 or $50,000 I'll see if I buy at $60,000, The problem with buying at $60,000 in my case is that I think that if I buy at $60,000 and the price goes up to $120,000 then I would have 2x profit, but if it goes up to $180,000 I would have 3x profit, I see $180,000 as being a large increase that is realistic for bitcoin to achieve in the coming years. That's why if I managed to buy at $40,000 or even $50,000 the chances of making a profit of 5x or 4x would be very realistic in the coming years.

I'm monitoring the price constantly so that I don't miss a chance to buy, currently the price is at $63000, and the big support is at $59000, if the price of bitcoin falls below $59000 then it will fall to $47000 or even $40,000 before it starts to rise a lot, and this big drop if it really happens, would be a great buying chance for me. That's why I'm paying close attention to the $59,000 zone, a drop below $59,000 would be my chance to buy low

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April 27, 2024, 11:05:06 PM
 #65

It's already clear what most of our decision s would be which is to hold, bitcoin is just in it's early stage of bull and we are still expecting a lot from it, the current price of 60k is just a sign that bitcoin would surpass it's ATH by a margin and set a new ATH record of about 150k, I'm saying this this cause we are still not less than 2 months into the bull earlier this January the price was still consolidating around 35k-40k now we are seeing an awesome 60k, anyone who bought around then should already have a doubling effect on his investment, and if you ask me the only way to prepare for more up is to buy even more bitcoin.

We can all see that bitcoin price has left that area of 35k -40k because  the past two months before halving has been good move up. Now with halving, we are seeing that the prospect is still high for a good bull ride as investors have been waiting for a drop or correction to their price range to accumulate more but the price have remained almost at the spot before halving , the expectation for correction is high, however the price have remained quit stable.

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April 29, 2024, 01:05:22 PM
 #66

It's already clear what most of our decision s would be which is to hold, bitcoin is just in it's early stage of bull and we are still expecting a lot from it, the current price of 60k is just a sign that bitcoin would surpass it's ATH by a margin and set a new ATH record of about 150k, I'm saying this this cause we are still not less than 2 months into the bull earlier this January the price was still consolidating around 35k-40k now we are seeing an awesome 60k, anyone who bought around then should already have a doubling effect on his investment, and if you ask me the only way to prepare for more up is to buy even more bitcoin.
No doubts about it because doing DCA and hodling more bitcoin is the best option so we can make maximum advantage when bitcoin bull run comes. Although bitcoin’s future will never be certain, but we all know that bitcoin price is designed to appreciate in time, which is total opposite of fiat, that’s why if we can hold longer massive amount of bitcoin, that would probably guarantee excellent profits in the end.

However, it’ still highly crucial to only invest on the amount you can afford to lose. Bitcoin is highly volatile, and so we need to have stable funds first reserved for daily survival, in order to hold bitcoin as a long term investment without getting bothered of its price fluctuations or without sudden decision of selling it because we are in short of our daily budget.

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