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Author Topic: another ATH , 71k and still climbing.  (Read 1303 times)
Ben Barubal
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May 22, 2024, 02:04:01 AM
 #121

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and was forced to break the previous ATH, and when the previous one was broken and there was a new ATH, then there started to be a correction for more than two months.

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

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May 22, 2024, 05:54:05 AM
 #122

And just like what, when we talk about $71k, bitcoin prices again rose to that price and in the last 24 hours we have a huge uptick in the price and for sure we are all very happy to see the price at this range again.

So it' just like $2k from the previous price, and with the way the price is rising, we knows, maybe before the end of this month, we will see a new all time high.

Bull have awaken up and this is the first sign of the price movement after halving, so this is a very positive outlook specially for those who have been waiting for a movement and somewhat doesn't have the patience.

What do you think is the reason why bitcoin and the entire market turned green? I believe this impact is due to the news of the ETH ETFs rather than the impact of the halving. Looking at ETH, it jumped over 20% in just one day when news broke that there is a 75% chance that the ETH ETF will be approved on May 23. But like a bitcoin ETF, nothing is guaranteed until official news is released so there is still a chance that the market will be severely dumped if the ETF is not approved.
I also have a view like you, if I see the market price turning green because of the news about the ETH ETF that will happen tomorrow. So I also don't see this as an impact of the halving, because ETH jumped higher than BTC but this is also good enough to attract investors. But even so, both BTC and ETH have now reached significant resistance levels, so it's best to continue using bitcoin and ETH.

If the ETF approves ETH tomorrow, it is very likely that all markets will experience another significant increase and will even break the current resistance level, then Bitcoin will exceed $73k and ETH will exceed $4k. This is just a prediction, everything comes back to their respective research in investing.
Many bitcoin investors attribute bitcoin's recovery to the impact of the halving because they do not want to believe that ETH is leading the market. But it is clear that the recent recovery of the entire market is thanks to the news of the ETH ETF.
I think that whether the ETF is approved or not, the market will still correct in the same way that bitcoin ETF is approved. I think “sell the news” is inevitable, but if the ETH ETF approved, we will soon see a market recovery and even a bull season come sooner than we expected.
With the recent news I read, I am optimistic and believe that the ETH ETF will be approved. Not only has bull season arrived earlier than expected, but this has even been a super bull cycle for us.

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May 22, 2024, 06:23:04 AM
 #123

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?
It stopped at 73k mate and did not happen breaking 75k but hope is still there as we are keep seeing market growing here and dropping there and we are just waiting for what to come and i think this is the best way to increase our holding while the market is showing this movement.
And just like what, when we talk about $71k, bitcoin prices again rose to that price and in the last 24 hours we have a huge uptick in the price and for sure we are all very happy to see the price at this range again.
lets us keep holding guys because we are nearing to what we are looking for years now and that is the 100k price of bitcoin and above.
So it' just like $2k from the previous price, and with the way the price is rising, we knows, maybe before the end of this month, we will see a new all time high.

Bull have awaken up and this is the first sign of the price movement after halving, so this is a very positive outlook specially for those who have been waiting for a movement and somewhat doesn't have the patience.

What do you think is the reason why bitcoin and the entire market turned green? I believe this impact is due to the news of the ETH ETFs rather than the impact of the halving. Looking at ETH, it jumped over 20% in just one day when news broke that there is a 75% chance that the ETH ETF will be approved on May 23. But like a bitcoin ETF, nothing is guaranteed until official news is released so there is still a chance that the market will be severely dumped if the ETF is not approved.
not sure about that ETF for ethereum because I believe that this will not be happening sooner .

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May 23, 2024, 01:09:21 AM
 #124

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and was forced to break the previous ATH, and when the previous one was broken and there was a new ATH, then there started to be a correction for more than two months.

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.
It seems that Bitcoin has been doing the same as you said, but it might be corrected again to provide reinforcement when it will reach a certain price to be able to increase again, it is not impossible to pass the ATH that he has made, but when it will begin to be done it is difficult to predict it.
I think there is a target to be achieved by Bitcoin at the end of this year before later to create the latest ATH in 2025. The right number could be at $ 100K. For that Because of the right time when corrections to keep buying and holding it.

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May 23, 2024, 08:14:11 AM
 #125

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

Well, that's something that has been happening ever since. People just can't continue buying when the bitcoin price were constantly rising. Not everyone is a long term hodler, some people does short bitcoin effectively especially during a new ATH been reached.
Bitcoin is currently hovering around the region of $68k - $70k max, it will be just a matter of time when investors starting to realize that we are heading to a new ATH in the next 5-10 months time and this would create another run to up to 80k to 90k or even testing the 6 digit figure. However, we should always expect a shar correction once bitcoin reached these figures.
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May 23, 2024, 09:56:47 PM
Last edit: May 23, 2024, 10:35:29 PM by Mahanton
 #126

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

Well, that's something that has been happening ever since. People just can't continue buying when the bitcoin price were constantly rising. Not everyone is a long term hodler, some people does short bitcoin effectively especially during a new ATH been reached.
Bitcoin is currently hovering around the region of $68k - $70k max, it will be just a matter of time when investors starting to realize that we are heading to a new ATH in the next 5-10 months time and this would create another run to up to 80k to 90k or even testing the 6 digit figure. However, we should always expect a shar correction once bitcoin reached these figures.
In every cycle there would really be that breaking those new all time high on which it would really be just that something that anyone is really that anticipating and expecting. This is why it would really be that normal that people would really be that preparing and really that trying out to go or place themselves at the bottom to have that possible maximum profitability on the moment that the market would really be making out such price increase but of course there's no one who would really be able to know on how far it would be able to reach out. Bitcoin never fails to impress us and this is something that do happen every cycle on which do thought that this would already be that high when it comes to price but there's something which is more higher. We didnt even expect with that it do able to break its previous all time high before halving because it do usually happens after halving on which this is really the case but we've seen different recently on which tons had really that get surprised on this one.

The realistic numbers that we could have on this possible bull run would be sitting around $150-200k which is something that might be able to see on this upcoming bull run but since we do know
that this market hasnt have that assured numbers then it would really be that always speculative. There are even speculations talking 400k on which it is already that too far off.

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May 23, 2024, 11:18:25 PM
 #127

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and was forced to break the previous ATH, and when the previous one was broken and there was a new ATH, then there started to be a correction for more than two months.

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

then there is no reason to hold off buying back at a price crash and when bitcoin is at $49k it is actually a very good price to start buying and holding. but many people started not to believe in bitcoin when the price moved erratically and tended to fall but when the bullrun arrived it reached a new ATH above $70k, that was a very high price and even lasted quite a long time. If there is an opportunity to buy at a cheap price then don't waste it and make a repeat purchase.

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May 24, 2024, 10:10:40 AM
 #128

It seems that Bitcoin has been doing the same as you said, but it might be corrected again to provide reinforcement when it will reach a certain price to be able to increase again, it is not impossible to pass the ATH that he has made, but when it will begin to be done it is difficult to predict it.
I think there is a target to be achieved by Bitcoin at the end of this year before later to create the latest ATH in 2025. The right number could be at $ 100K. For that Because of the right time when corrections to keep buying and holding it.
If you look at the time to reach a new ATH again this year, of course it is still quite possible for Bitcoin to again exceed the ATH that previously occurred this year. Because remembering that there are still a few months left this year, we must not forget the problem of price corrections which can sometimes still occur this year. However, if you look at the current price of Bitcoin, which is not too far from the previous ATH figure, this could certainly open up the possibility for Bitcoin to reach a new ATH before next year if the price increase continues to occur every month.

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May 25, 2024, 06:29:55 AM
 #129

We should consider ourselves lucky if we are holding. Remember, there are a lot of people who sold during this in between period because they were scared and feared, there were a lot of people who didn't make it to this part unfortunately, there were people who needed money for something they have to cash out and many other reasons, so if you are still holding then you should be thankful for being able to.

I personally believe that we are going to have a decent summer, not saying like 100k+, but a reach to 80k isn't out of question and we could maybe see a little bit more. Maybe we are at the start of that right now and the price will do fine, I think people should realize it is not going to be that complicated.

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May 28, 2024, 03:48:37 AM
 #130

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and was forced to break the previous ATH, and when the previous one was broken and there was a new ATH, then there started to be a correction for more than two months.

     And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.

then there is no reason to hold off buying back at a price crash and when bitcoin is at $49k it is actually a very good price to start buying and holding. but many people started not to believe in bitcoin when the price moved erratically and tended to fall but when the bullrun arrived it reached a new ATH above $70k, that was a very high price and even lasted quite a long time. If there is an opportunity to buy at a cheap price then don't waste it and make a repeat purchase.
When a correction occurs, I agree with you that you don't lose the opportunity to immediately buy again, because with a corrected price, of course, the price you get will be cheaper, so you can make even better profits in time.
We know that the second ATH will be formed in 2025 and that is still quite a long time and there could always be surprising events that we cannot predict, so stay prepared for whatever will happen.
I think that after the halving there will be a decline, and it is all natural to encourage Bitcoin to increase again.

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May 29, 2024, 11:16:02 AM
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 #131

are we  going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/  the unusual occasion that we have seen since its creation .

HODL guys , keep holding .

Any reason for this Pump now?

     What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and
 was forced to break the previous ATH, and when the previous one was broken and there was a new ATH,
then there started to be a correction for more than two months.

sounds close but not completely right , because the pump now is not forced but the effect of the halving and the ETF so market act crazy nowadays  and correction will keep happening because this is a normal after having some growth.

Quote
    And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again.
who has target? who are THEY? if you are talking about investors then it is not their target but instead
market will act depending on how the investors support this.

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May 29, 2024, 12:31:30 PM
 #132

We should consider ourselves lucky if we are holding. Remember, there are a lot of people who sold during this in between period because they were scared and feared, there were a lot of people who didn't make it to this part unfortunately, there were people who needed money for something they have to cash out and many other reasons, so if you are still holding then you should be thankful for being able to.
It's already given, if you are a long term holder, then you know what the market can bring to you in the future. So it's not about how lucky we are, it's about careful planner and then the rigorous holder mentally. It's tough to continuously buy every month and not be bothered by the price change or when the price goes down because you are looking at the bigger picture.

I personally believe that we are going to have a decent summer, not saying like 100k+, but a reach to 80k isn't out of question and we could maybe see a little bit more. Maybe we are at the start of that right now and the price will do fine, I think people should realize it is not going to be that complicated.
$100k at the end of the year is possible though. That's what I'm looking and then in 2025, we could really go on a parabolic rise. $100k is just the starting point for this bull run and we might see close to $150k or even higher as a new all time high.

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June 06, 2024, 07:49:35 PM
 #133

Quote from: ScamViruS
Quote from: tengui
Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.
Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.
And they will not regret in hodling their BTC for long period of years because the price will surely pump above that $100k if they can continue hodling it because there will be another bull run that will make another ATH to happen in the market.

When you cross your mind to go for long hodling, I don't think bear season will distract you to trade when your price you wish to see before you can trade is not yet in the market, and there is nothing will make you trade at the moment than to continue hodling to see the $100k before you can take big profit.

The next ATH will going to be massive in the market, it will be good for people to use this advantage to invest more on BTC and continue hodling for the next ATH to hit the market.

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June 06, 2024, 10:22:44 PM
 #134

It is gradually coming down again and and we don't know the next Pump it is planning. And in this year it has reached All Time High three times. In 2021 the All Time High was $69k. Then this year at first it hit $70k, secondly it hit 72, thirdly it hit $73k and today again $71k and that means this year it will only hit All Time High throughout the year. And early next year it will hit the last All Time High of $100k. And all the predictions of $100+k would come to have rest.

I might not know the reason but it might be the correction that is going on. And it is the good time to be continue hodling the coins.









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June 06, 2024, 11:53:21 PM
 #135

It is gradually coming down again and and we don't know the next Pump it is planning.
That's fine, it plays around from $67k - $71k.

With that range, it can be said that it's actually good price while being stable at those price.

And in this year it has reached All Time High three times. In 2021 the All Time High was $69k. Then this year at first it hit $70k, secondly it hit 72, thirdly it hit $73k and today again $71k and that means this year it will only hit All Time High throughout the year. And early next year it will hit the last All Time High of $100k. And all the predictions of $100+k would come to have rest.
And that's why this year up to next year it will reach every new high that we're going to have but it might take time if we're going to check it from to time.

Becase from that perspective, it might be boring and quite long by looking at it.

I might not know the reason but it might be the correction that is going on. And it is the good time to be continue hodling the coins.
A normal move of its volatility but not actually a correction, it's still on $70k.



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June 09, 2024, 10:56:23 PM
 #136

Quote from: ScamViruS
Quote from: tengui
Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.
Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.
And they will not regret in hodling their BTC for long period of years because the price will surely pump above that $100k if they can continue hodling it because there will be another bull run that will make another ATH to happen in the market.

When you cross your mind to go for long hodling, I don't think bear season will distract you to trade when your price you wish to see before you can trade is not yet in the market, and there is nothing will make you trade at the moment than to continue hodling to see the $100k before you can take big profit.

The next ATH will going to be massive in the market, it will be good for people to use this advantage to invest more on BTC and continue hodling for the next ATH to hit the market.
Those thinking of holding Bitcoin from a long-term perspective do not actually lose, because if you wait patiently, the market will experience a massive bullrun and investors can book big profits. After the last bull cycles of Bitcoin, the market corrected and the top buyers' Bitcoin went down but at one time the market recovered and they got several times the return of their investment, they just controlled their emotions and waited patiently.

So investing in Bitcoin is always profitable if those investors have patience and have detailed knowledge about what Bitcoin actually is. So Bitcoin will break many more big ATHs in the near future and I am confident about that.

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June 09, 2024, 11:00:47 PM
 #137

Surprisingly good close to this week despite the selloff its clawed its way back some.  This close will be the highest weekly bar ending since the close of March even after the sell on Friday.

This alone is not much but the leading context is a setup for future gains.  We remain above the prior ceiling or range bound action which gives the hope still of reaching far beyond that limited action we've been in since March.

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June 11, 2024, 09:50:32 AM
 #138

It is gradually coming down again and and we don't know the next Pump it is planning. And in this year it has reached All Time High three times. In 2021 the All Time High was $69k. Then this year at first it hit $70k, secondly it hit 72, thirdly it hit $73k and today again $71k and that means this year it will only hit All Time High throughout the year. And early next year it will hit the last All Time High of $100k. And all the predictions of $100+k would come to have rest.

I might not know the reason but it might be the correction that is going on. And it is the good time to be continue hodling the coins.
When market is range-bounded, those who are expert traders take a lot of profit and we should also learn whether the market is bearish or bullish, how to continue trading all the time, and how to make a profit. The majority of people agree that Bitcoin will hit $100k by the end of this year or in the next year, so if we are as loud and believe that Bitcoin will touch $100k then it's a good opportunity for everyone.

There is a way to buy Bitcoin but to hold, I don't think so, I think Bitcoin can correct up and go down further so instead of holding for a very long time, buy when it goes down a bit. Do it and sell it when it goes up a bit. Yes, there is some amount of patience required to keep up, hold, and don't sell the previously bought bitcoins, but you can make a good profit by taking advantage of this time.

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Fara Chan
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June 11, 2024, 10:38:50 AM
 #139

It is gradually coming down again and and we don't know the next Pump it is planning. And in this year it has reached All Time High three times. In 2021 the All Time High was $69k. Then this year at first it hit $70k, secondly it hit 72, thirdly it hit $73k and today again $71k and that means this year it will only hit All Time High throughout the year. And early next year it will hit the last All Time High of $100k. And all the predictions of $100+k would come to have rest.
Today the price has returned to $67K mate, which means that currently everyone is seeing a price correction which of course will continue to take advantage of this condition as long as it lasts because this year I see that the time for price correction is not that long in Bitcoin. And I am also sure that the price correction that occurred today will not take too long and the Bitcoin price can still return to the $70K area or more. Although some people still want to see something like today in a few days because they may still really want to buy Bitcoin under $70K.

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June 13, 2024, 07:59:15 PM
 #140

Quote from: ScamViruS
Quote from: tengui
Personally I still hold it. Even though currently the price of bitcoin tends to fall, I am sure that in the next opportunity the price of bitcoin will reach a much higher ATH than before. My target is not just $75k but $100k, and I am determined to continue hold until the price of bitcoin reaches $100k.
Those who look at the market from a long-term perspective still hold their bitcoins to reach the 100k target. In the short term, market changes don't really affect them as much as they do you. Bitcoin will definitely go to 100k but it may take time, and patient investors will win in the end because they know the future potential of Bitcoin. So I think your decision is right about waiting until you achieve the 100k bitcoin target. Bitcoin has already broken the previous ATHs, Bitcoin is now in the price discovery stage so it will be most interesting to see where Bitcoin's next stop will be.
And they will not regret in hodling their BTC for long period of years because the price will surely pump above that $100k if they can continue hodling it because there will be another bull run that will make another ATH to happen in the market.

When you cross your mind to go for long hodling, I don't think bear season will distract you to trade when your price you wish to see before you can trade is not yet in the market, and there is nothing will make you trade at the moment than to continue hodling to see the $100k before you can take big profit.

The next ATH will going to be massive in the market, it will be good for people to use this advantage to invest more on BTC and continue hodling for the next ATH to hit the market.
Those thinking of holding Bitcoin from a long-term perspective do not actually lose, because if you wait patiently, the market will experience a massive bullrun and investors can book big profits. After the last bull cycles of Bitcoin, the market corrected and the top buyers' Bitcoin went down but at one time the market recovered and they got several times the return of their investment, they just controlled their emotions and waited patiently.

So investing in Bitcoin is always profitable if those investors have patience and have detailed knowledge about what Bitcoin actually is. So Bitcoin will break many more big ATHs in the near future and I am confident about that.
Totally depends on what price you had entered and if you have bought on the peak of bull run and ending up on having those negatives when bear market hits then for sure you would definitely be having that kind of panic feeling deep inside not unless if you are really that holding for long term then it wont really be that an issue but we do know that it would really be always best that whenever to make some entry point then it would be best that we should be keeping it on the bottom as much as possible. So market corrections would be the best time for you to accumulate more but the main issue whenever these things happen is that instead on accumulating they would really be rather that be having those doubts or hesitance because they would really be having in mind  that it might go down even more. This is the main challenge when trying out to make some possible bottom entry.

Now we do see the perfect example on what we do have now on which the price is decreasing then we would really be mainly thinking on what would be the possible bottom price would be?
So it would really be that natural because we would really be trying out maximize profits as much as possible.

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