You're referring to the unpredictability of cryptocurrency markets! It's frustrating when coins drop in value after buying or appreciate after selling. This volatility is normal, especially with Bitcoin, which has seen significant fluctuations.
Currently, Bitcoin's price is around $90,047, and experts predict it may rise to $103,952 by February 2026. Some forecasts even suggest it could reach $150,000 to $200,000 by the end of 2026 .
Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.
Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.
Would you like more information on Bitcoin's price predictions or investment strategies?
What the hell. You don't need all this things man. Do you have a long term plan? Are you currently buying bitcoin? How consistent are you? That should be your concern rather than all this crypto circus, that will only keep you in a single spot.
You can't predict bitcoin, when will you lot ever understand that.
If you cherish protecting your finances, then stay the fuck away from acting like a trader and invest in Bitcoin with the strategy called DCa.
Bitcoin investment is most important to plan for the long term, where each investment should be held for a long time to be able to achieve appropriate benefits. Following the DCA method makes it easier to hold Bitcoin for a long time, and investing Bitcoin weekly will enable investors to accumulate more Bitcoin.
However, those who invest with ordinary small amounts of money should continue until they accumulate one Bitcoin.You sound lost and out of touch.
Even if a guy were to invest $300 per week into bitcoin, he would invest $15,600 after a year, and $156k after 10 years. Do you really believe that the average price of bitcoin is going to be $156k or less over the next 10 years? Maybe you should think about the matter in regards to how much you consider it to be possible for people who you consider to have "ordinary small amounts" of money that they can continuously invest in bitcoin...
Perhaps less than $50 per week would be an "ordinary small amount of money" which would get you $2,600 invested in a year and $26k over 10 years, which might get you 0.1 BTC.. Perhaps?
Guys need to attempt to be realistic in regards to how much bitcoin they think that they (and/or newbies into bitcoin) would be able to accumulate, even if they are able to continuously buy bitcoin for the next 10 years or more.
Don't get me wrong. I am not proclaiming that guys should not invest in bitcoin, yet instead to try to be realistic in regards to how much bitcoin you think that you can accumulate - even if you invest into bitcoin as aggressively as you are able to invest, without overdoing it.
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Instead of expecting sudden big profits from Bitcoin it is wiser to stay patient and think long term, DCA reduces stress when the market goes down there is less fear and over time your Bitcoin holdings grow, Even small but consistent investments can eventually add up to a good amount of Bitcoin,The key point is to stay consistent and avoid rushing,
However
I have also seen many people say that smart DCA is a bit better, The idea is that smart DCA not only helps accumulate Bitcoin like regular DCA but also allows buying more during deep market dips, Still I think this approach is not easy for everyone because not everyone has a large amount of extra money available to invest during those dips,
Smart DCA is retarded.
Guys are trying to proclaim that combining DCA with buying the dip is better and acting as if they (or any newbie) can figure out when a dip may or may not happen, when newbies are likely to be way better off to just stay focused on ongoing buying and not trying to predict the price or to time their buys for dips that might not happen.
Also, fucking around trying to figure out dips puts a bitcoin investor into a wrong mindset which involves a lot of waiting and trying to figure out what if and all kinds of bullshit that is not really knowable whether by a newbie or anyone else.
DCA is one of the three ways of buying bitcoin in the context of investing, and in bitcoin investing should be more than 10 years, unless there might be some age or health issues that might cause a person to have an investment timeline for only 4-10 years... So if many folks are investing for 4-10 years or longer, then it is likely to stay focused on ongoingly buying until they get enough or more than enough bitcoin, which could well take 4-10 years or longer just to buy enough or more than enough bitcoin.
So trying to act like you are smart about DCA because you are fucking around trying to identify dips that may or may not happen is likely going be a counter-productive practice that interferes with bitcoin accumulation rather than making bitcoin accumulation better and/or to result in more bitcoin accumulated for the same quantity of dollars (fiat).
In the end, guys can choose to do whatever they like in regards to their bitcoin buying, including being so presumptive as to think that it is helpful to be trying to predict the bitcoin price and/or dips that might not happen.
I frequently like to suggest that guys ongoingly, persistently, consistently, regularly and perhaps even aggressively try to buy as much bitcoin as they can, without overdoing it... so there is some value in not overdoing it.. yet the focus is likely better to remain on ongoing buying of bitcoin rather than waiting around and/or strategizing and running the risk of ending up with way less bitcoin than what you could have had if you just stayed focused on the prize, which is the ongoing and regular accumulation of bitcoin.
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I agree but if you can hold btc then hold until $1M beacose we all know btc is a moon touching mother coin. We all know that Bitcoin today or tomorrow but but it will go moon.
That's the reason if possible hold 1 btc and forgot it that you have hold or invested untill $1M. I will prefer Buy Buy Buy BTC Hold Hold Hold bTC and spend you weekend in relax.
You have been registered here for two days Akuma_, and you talk a big game. It almost sounds as if you are already on the moon, rather than being in reality.
Have you already started accumulating bitcoin? Do you have a plan to get to 1 bitcoin, including how much you need to invest and over what period of time?
If you were able to buy 1 BTC right now, then it would cost you right around $89,200, which if bitcoin were to go to $1 million, then that would be about a 11.2x price appreciation. Is that level of price appreciation even enough to really matter to someone who would be able to put $89,200 into bitcoin right now.
It seems to me that not too many folks have $89,200 sitting around so that they can just put such an amount into something like bitcoin, so most normies tend to have to invest into bitcoin over time rather than being able to start their investment into bitcoin (or even to supplement into bitcoin) with a lump sum amount.
Maybe you can outline your plan so that it might start to make better sense with your seemingly fantasy. Are you selling your 1 BTC at $1 million? or do you have some other plan in terms of how to manage such BTC if you were able to accumulate it?
There are surely folks who are capable of keeping more backup funds, but they don't do it since they presume there ability to get through periods of loss of income and/or increases of expenses including that some guys might think that getting another job is providing such protections, when it is not providing the same level of protections as back up funds... and so guys will even spend more and live more on the edge based on their having more than one source of income - and then they end up getting themselves in trouble and getting put into a position in which they end up tapping into their bitcoin at a time that was not of their choosing, and even their rationalizing that it is O.k to tap into their bitcoin since the bitcoin "is in profits" which largely shows that they had been giving too low of a priority to protecting their bitcoin and making sure that they are ongoingly and persistently building their bitcoin stash rather than tapping into it (even if the bitcoin might be in 20%, 70%, 150%, 500% or some other level of "profits").
The more a person earns, the more his expenses increase,
That does not make sense. Sure there might be some circumstances in which increased income might result in increased expenses, yet it is not necessarily true that expenses have to go up merely because income goes up.
Some expenses are basic and other expenses are discretionary. Accordingly, you can both figure these out and adjust for them.... so for example, if you got a new job that paid more, yet you had to commute further or you had to maintain a certain uniform (certain costs associated with the new position), then some of those extra costs might be considered basic and associated with the work.
Let's say you worked at a company that was 10 minutes commute from your home, and you had been receiving $25k per year, and after 6 years working at the company, the boss decided to promote you to supervisor over a division of the company that had 10 employees, yet the location was the same, and the pay was $35k instead of $25k.. So you got a $10k per year promotion. Maybe other costs associated with the job did not go up, and you can live in the same place.. .so now in this example, your promotion caused you to receive $10k per year more without any extra costs. What about the promotion in this example do you believe causes expenses to go up?
maybe the money is coming to him from his multiple sources of income temporarily, it does not mean that it is permanent and it is included in his emergency fund. If suddenly due to some problem his multiple sources of income stop coming, then how will he manage his expenses.
I will agree with you that if a person took a second job, then there might be additional costs related to the second job, and if the first job covered all of the expenses for living, then the second job would provide extra income that he can invest, consume and save, and on many occassions, I already made the point that if a guy is investing then he should be building and/or maintaining back up funds too.
It is our nature that when we earn more money, our standard of living improves, like we like to live in a good house, like we like to drive a good car and to do these things, but we need more money.
You are describing choices - not any expenses that are basic. Yes, it is true that frequently people will choose to increase their spending when they earn more money, yet those are still optional and they are not necessarily basic needs that are increasing - even though I will grant you that sometimes there might be some additional expenses that end up happening based on increased income... but it is not causal as you seem to be trying to argue that it is with so far weak arguments and weak examples.
So if we do not understand the importance of emergency fund and keep thinking of only temporary pleasure and multiple sources of income as emergency fund, then at that time we will be in danger when our financial condition will be bad.
Our emergency and/or back up funds should attempt to reflect our expenses, so yeah, if our expenses go up then we should also increase our back up funds, and even if our income is low or high, we are still going to likely be better off to create and maintain sufficient back up funds, especially if we are using such back up funds to protect our bitcoin investment.
This is another misconception that I have invested and there is profit in my investment, so I also see this as a way of spending in the future. If we have to spend a part of our profit, then we cannot call it investment, rather we can call it trading and here we are talking about investment. If an investor invests for a period of 7-8 years and sells any amount of the investment after three or four years, I think that too will not be considered an investment.
The point is that maintaining multiple emergency funds and keeping the emergency fund rich is not a matter of frustration, but rather a place of strength, a place of financial support for an individual.
If we are investing over 10 years and even sometimes 15 years or more, we are likely going to have various mistakes along the way, yet at the same time we should still want to be mostly directionally correct by investing in BTC and sufficiently protecting our bitcoin investment, but yeah if we end up being a no coiner and/or a low coiner after 10-12 years of investing, then we might acknowledge mistakes that we might have made, yet we cannot go back in time and "do over" those previous 10-12 years... There can be a really BIG difference 10 years later, and we would likely end up feeling a lot of regrets if we have to start over after investing for 10 years if we end up screwing up in BIG ways rather than small ways in which we can recover.
If one includes selling the investment among the small mistakes, then it will not look good. I know that those who invest for a period of 10 years or more and those who hold the investment till this time have to face many challenges, but after all this, only those who can hold Bitcoin consistently are successful. I think time is of utmost importance in investing, if I fail to hold the investment for the next 10 years from now and if I think that after ten years I will continue the investment again and hold it for another ten years, then it may not be possible for me because in this long period my financial situation may change or my own pressure may increase, so wasting time will never be wise.
If a guy is regularly investing into bitcoin then at various points along the way, he can measure his progress and even determine if he might need to be more aggressive or less aggressive in the quantity of bitcoin being accumulated (or perhaps measured in terms of his chosen weekly investment amount). So then at some point he might determine that he had moved to his maintenance stage (and he is not accumulating as much any more) or that he has graduated to sustainable withdrawal based on his having enough or more than enough. There is price based sustainable withdrawal and time based sustainable withdrawal that I discuss in
my sustainable withdrawal thread - yet with the employment of each of those methods, I presume that they are employed only after reaching overaccumulation status.
