Road to 100k?

[Agbamoni]

The month October or should I say uptober   effect is already on display Bitcoin recent price range is around 65k and I believe that is just the beginning, one of the wrong decision to make now is selling your Bitcoin due to the recent increase in price .

Rather focus one building yah investment more by accumulating as much as you can , because those that sold their Bitcoin early are already regretting so to be among such party . Anytime I see bitcoin prices increasing its always motivate.me to keep accumulating and increasing my stashes, hope you feeling same way too.

Shout out to those that keep HODLing .  

That doesn't mean that you should stop buying bitcoin now that we are expecting the price to shoot above 70k, if you have not reached your bitcoin target because you will limit yourself the opportunity to increase you bitcoin investment and you will regret it later. The price of $65k is still cheap for you to continue accumulating because in future, we will not see this price and a lot of people will be saying that investors who bought at $65k are lucky, just as we are saying to those who bought bitcoin at $100

That's it , bitcoin is still cheap now you don't have to keep waiting for Bitcoin to dip to a certain amount of price before you can Start accumulating, if you keep waiting you may endup purchasing bitcoin at a price range that's far higher than this recent one . So grab the opportunity you have now and start accumulating, is not necessary you have to start with larger quantities of bitcoin you can even choose to start with the amount as low as $10 and with consistency, you would be able to build something nice .

I like your input. The rising prices shouldn't be a criteria to stop accumulation and watch the price keep going up. Rather it should be enticing to motivate us into buying more . This is the part of the long term growth potential. Rising prices create positive energy and momentum to attract more investors. So we shouldn't be left out in the list of investor who are buying more and more. Also, Bitcoin keeps going higher in the long term and it attracts main stream with time, its value will continue to keep rising making it seem like a good time to invest more into it.

[YUriy1991]

I like your input. The rising prices shouldn't be a criteria to stop accumulation and watch the price keep going up. Rather it should be enticing to motivate us into buying more . This is the part of the long term growth potential. Rising prices create positive energy and momentum to attract more investors. So we shouldn't be left out in the list of investor who are buying more and more. Also, Bitcoin keeps going higher in the long term and it attracts main stream with time, its value will continue to keep rising making it seem like a good time to invest more into it.

Of course BTC is getting more and more attractive in price and makes people keep coming to buy it. I think what you said is appropriate where growth and price increases are also one of the encouragements for us not to be late in increasing our BTC asset ownership per time.

It's just that for those who like trading and short-term play, it might be a bit troublesome to monitor the graph where price reversals are very vulnerable to occur at any time like now , even though the increase is still normal and not too significant.

[JayJuanGee]

The month October or should I say uptober   effect is already on display Bitcoin recent price range is around 65k and I believe that is just the beginning, one of the wrong decision to make now is selling your Bitcoin due to the recent increase in price .

Rather focus one building yah investment more by accumulating as much as you can , because those that sold their Bitcoin early are already regretting so to be among such party . Anytime I see bitcoin prices increasing its always motivate.me to keep accumulating and increasing my stashes, hope you feeling same way too.

Shout out to those that keep HODLing .  

That doesn't mean that you should stop buying bitcoin now that we are expecting the price to shoot above 70k, if you have not reached your bitcoin target because you will limit yourself the opportunity to increase you bitcoin investment and you will regret it later. The price of $65k is still cheap for you to continue accumulating because in future, we will not see this price and a lot of people will be saying that investors who bought at $65k are lucky, just as we are saying to those who bought bitcoin at $100

That's it , bitcoin is still cheap now you don't have to keep waiting for Bitcoin to dip to a certain amount of price before you can Start accumulating, if you keep waiting you may endup purchasing bitcoin at a price range that's far higher than this recent one . So grab the opportunity you have now and start accumulating, is not necessary you have to start with larger quantities of bitcoin you can even choose to start with the amount as low as $10 and with consistency, you would be able to build something nice .

I like your input. The rising prices shouldn't be a criteria to stop accumulation and watch the price keep going up. Rather it should be enticing to motivate us into buying more .

Part of the problem and dilemma for the newbie bitcoin investor is that they do not have a choice except to buy if they are wanting to be prepared for UP prices that might happen.  Waiting does not prepare the newbie and/or the low coiner for UP. 

I doubt that it should be important for any newbie to give too many shits if they are reinforcing the value of bitcoin or getting confirmation of the value of bitcoin, even though surely even newbies get excited when the BTC price goes up, even though they might not have even close to enough bitcoin, especially if they are new and also many people are ONLY capable of investing small amounts each week, so it tends to take a long time for them to accumulate a decently good sized bitcoin position, so those folks who don't have a large budget would most likely be more advantaged if the BTC price did not go up so much prior to their exercising their abilities to buy bitcoin, yet bitcoin does not stop for anyone, so newbies are still stuck with the dilemma of having to buy on the way up, which they might have had been better buying on the way down, yet the BTC price may well not go down, so it is likely better to buy and continue to buy rather than to wait for down that might not end up happening... also ongoing buying likely puts them into a better mindset, especially if they expect that they are going to be buying for at least one whole cycle and perhaps even a couple of cycles before the might start to be able to feel that they can start to slow down in their BTC accumulation practices and process.

This is the part of the long term growth potential. Rising prices create positive energy and momentum to attract more investors. So we shouldn't be left out in the list of investor who are buying more and more. Also, Bitcoin keeps going higher in the long term and it attracts main stream with time, its value will continue to keep rising making it seem like a good time to invest more into it.

One of the potential disadvantages for normie newbies is that they are ONLY able to accumulate BTC at their own pace and within their budgets, and so in recent times, there are more and more folks who are buying up large quantities of bitcoin which is going to disadvantage normie newbies who fail/refuse to get started and/or fail/refuse to be somewhat aggressive in their BTC accumulation practices.  An overwhelming quantity of the world's population - perhaps even in the ballpark of 99% do not realize that they are being disadvantaged by their failure/refusal to get started in accumulating bitcoin, and so those who are not accumulating now with persistence and consistency are likely going to be disadvantaged in the future, and surely there are quite a few people who are not going to even be coming to bitcoin this cycle so they might well be just getting started 4-8 years later, so those of us who have either been accumulating and/or mostly holding onto our BTC are going to be advantaged by either starting now or continuing to accumulate and/or hold onto the BTC that we already accumulated now.

I like your input. The rising prices shouldn't be a criteria to stop accumulation and watch the price keep going up. Rather it should be enticing to motivate us into buying more . This is the part of the long term growth potential. Rising prices create positive energy and momentum to attract more investors. So we shouldn't be left out in the list of investor who are buying more and more. Also, Bitcoin keeps going higher in the long term and it attracts main stream with time, its value will continue to keep rising making it seem like a good time to invest more into it.

Of course BTC is getting more and more attractive in price and makes people keep coming to buy it. I think what you said is appropriate where growth and price increases are also one of the encouragements for us not to be late in increasing our BTC asset ownership per time.

Surely bitcoin has some attributes of a Veblen good, which means that it becomes more attractive to buy the higher its price goes.

It's just that for those who like trading and short-term play, it might be a bit troublesome to monitor the graph where price reversals are very vulnerable to occur at any time like now , even though the increase is still normal and not too significant.

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

[Stablexcoin]

I like your input. The rising prices shouldn't be a criteria to stop accumulation and watch the price keep going up. Rather it should be enticing to motivate us into buying more . This is the part of the long term growth potential. Rising prices create positive energy and momentum to attract more investors. So we shouldn't be left out in the list of investor who are buying more and more. Also, Bitcoin keeps going higher in the long term and it attracts main stream with time, its value will continue to keep rising making it seem like a good time to invest more into it.

Of course BTC is getting more and more attractive in price and makes people keep coming to buy it. I think what you said is appropriate where growth and price increases are also one of the encouragements for us not to be late in increasing our BTC asset ownership per time.

It's just that for those who like trading and short-term play, it might be a bit troublesome to monitor the graph where price reversals are very vulnerable to occur at any time like now , even though the increase is still normal and not too significant.

Trading shouldn't be an option for beginners. Clearly speaking Agbamoni was referring to beginners tryin to invest in Bitcoin at that early age they shouldn't be concerned about the price going up to stop them from investing. I think that should be what will motivate them to buy because they must ive heard that Bitcoin price has more potential in a longer time.

Practicing trading and short term does not support accumulation rather it hinders a newbie from accumulating comfortably. Trading has to do with monitoring the price of Bitcoin which is bad at that early age. Any beginner in Bitcoin who start his/her investment by buying and selling will not reach their goal at the appropriate time if not reaching it at all.

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

[sotelorene]

Bitcoin have reached $65k today, a proof that the hope of $100k this year is not lost. I have always known that the market will rise when many people will least expect and there are indications that a lot of people are already doubting that we will still see $100k this market cycle. You can see that from the enthusiasm of people that is wanning daily because bitcoin have refused to run to $100k as they were expecting. This bring to mind that the real winners of bitcoin investment are those who see beyond today and are busy buying instead of being worried by the continuous corrections the market have been giving.

It is not still late to get some bitcoin at low price. $65k is still low compared to where bitcoin will be in coming years because a lot of players are getting involved in bitcoin daily and the trend will not slow down soon. The US election is around the corner, it has the tendency of making the price rise astronomically.

You maybe right but Bitcoin reaching $65k yesterday doesn't mean it can get to $100k this year and it's not a new thing because Bitcoin ones hit $70-74k this year, I am not sure about $100k this year but I somehow believe it will pass $74k this year that is a new ATH. Though the market is getting interesting and i believe most investors  are accumulating as much as possible because of the current price and trust me nothing gives am investor happiness or joy than seeing there investing progressing and seeing the potential of the asset they invested in, I mean it's something that can make one forget about hunger for a period of time.

[adultcrypto]

Bitcoin have reached $65k today, a proof that the hope of $100k this year is not lost. I have always known that the market will rise when many people will least expect and there are indications that a lot of people are already doubting that we will still see $100k this market cycle. You can see that from the enthusiasm of people that is wanning daily because bitcoin have refused to run to $100k as they were expecting. This bring to mind that the real winners of bitcoin investment are those who see beyond today and are busy buying instead of being worried by the continuous corrections the market have been giving.

It is not still late to get some bitcoin at low price. $65k is still low compared to where bitcoin will be in coming years because a lot of players are getting involved in bitcoin daily and the trend will not slow down soon. The US election is around the corner, it has the tendency of making the price rise astronomically.

You maybe right but Bitcoin reaching $65k yesterday doesn't mean it can get to $100k this year and it's not a new thing because Bitcoin ones hit $70-74k this year, I am not sure about $100k this year but I somehow believe it will pass $74k this year that is a new ATH. Though the market is getting interesting and i believe most investors  are accumulating as much as possible because of the current price and trust me nothing gives am investor happiness or joy than seeing there investing progressing and seeing the potential of the asset they invested in, I mean it's something that can make one forget about hunger for a period of time.

Understanding the times and season in Bitcoin is very important, so the time we are now is very sensitive for bitcoin. That being said, I will say that bitcoin reaching 65k is a good sign and a nice indication that bitcoin can reach 100k. From what I understand about the volatility of bitcoin, two months is a long period of time for the price to move from the present 65k to 100k provided there is a strong news that causes a strong increase in demand. In addition, we are towards the end of the year, a period that we always see big moves in bitcoin so it is possible to still realize 100k by the end of this year. While we anticipate price to reach 100k, it is also important we are accumulating more bitcoin so we are well positioned for the rise in price.  

[Cryptoprincess101]

Part of the problem and dilemma for the newbie bitcoin investor is that they do not have a choice except to buy if they are wanting to be prepared for UP prices that might happen.  Waiting does not prepare the newbie and/or the low coiner for UP.  

Definitely newbies are just expected to buy at any price they meet the market and since they are new to the market they might not really care about waiting for the price to drop a little bit before they start buying except when they are being persuaded by someone about waiting for the price to fall before buying if not there's no option for a newbie than to start buying immediately no matter the price at that period of time.

I doubt that it should be important for any newbie to give too many shits if they are reinforcing the value of bitcoin or getting confirmation of the value of bitcoin, even though surely even newbies get excited when the BTC price goes up, even though they might not have even close to enough bitcoin, especially if they are new and also many people are ONLY capable of investing small amounts each week, so it tends to take a long time for them to accumulate a decently good sized bitcoin position, so those folks who don't have a large budget would most likely be more advantaged if the BTC price did not go up so much prior to their exercising their abilities to buy bitcoin, yet bitcoin does not stop for anyone, so newbies are still stuck with the dilemma of having to buy on the way up, which they might have had been better buying on the way down, yet the BTC price may well not go down, so it is likely better to buy and continue to buy rather than to wait for down that might not end up happening... also ongoing buying likely puts them into a better mindset, especially if they expect that they are going to be buying for at least one whole cycle and perhaps even a couple of cycles before the might start to be able to feel that they can start to slow down in their BTC accumulation practices and process.

I can recall vividly on when i invested a little amount in bitcoin and the price started skyrocketing i was so excited when my bitcoins started increasing not until the price fell that i started feeling bad so they are just mentality of a newbie because they feel as they have bought some bitcoins that the price should keep skyrocketing without going the other way round. Just like you said earlier, a newbie don't have any choice yet because whether the price is high or not they will buy at least own some bitcoins before they start getting acquainted to how the market works . A newbie deciding to accumulate for a whole cycle or more than depends on how much they have been able to accumulate within those years so it will enable them to evaluate their level of accumulation if they can still buy more aggressively or slow down their level of accumulation.

[avp2306]

Bitcoin have reached $65k today, a proof that the hope of $100k this year is not lost. I have always known that the market will rise when many people will least expect and there are indications that a lot of people are already doubting that we will still see $100k this market cycle. You can see that from the enthusiasm of people that is wanning daily because bitcoin have refused to run to $100k as they were expecting. This bring to mind that the real winners of bitcoin investment are those who see beyond today and are busy buying instead of being worried by the continuous corrections the market have been giving.

It is not still late to get some bitcoin at low price. $65k is still low compared to where bitcoin will be in coming years because a lot of players are getting involved in bitcoin daily and the trend will not slow down soon. The US election is around the corner, it has the tendency of making the price rise astronomically.

You maybe right but Bitcoin reaching $65k yesterday doesn't mean it can get to $100k this year and it's not a new thing because Bitcoin ones hit $70-74k this year, I am not sure about $100k this year but I somehow believe it will pass $74k this year that is a new ATH. Though the market is getting interesting and i believe most investors  are accumulating as much as possible because of the current price and trust me nothing gives am investor happiness or joy than seeing there investing progressing and seeing the potential of the asset they invested in, I mean it's something that can make one forget about hunger for a period of time.

Why not? there's always possibilities for everything on bitcoin. We cannot actually say it will never reach at $100k price level since somehow the potential to have a bull run and reach new high still there.

Although we cannot really sure that its 100% to happen, but what good thing about that sentiments of people that they are still bullish and think that bitcoin still have lots to offer. But yeah we should not forget about our accumulation since this is rather more important than speculating about that $100k figures to come. Since if we are just get bother and out of focus then provably that we will get affected. So stay focus and continue to what we currently done since for sure in future all holders will get rewarded to all efforts they exert with their bitcoin investment.

[JayJuanGee]

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

[Odusko]

So you mean that Bitcoin trader's are dumb?
Because as a matter of fact, and can still double his Bitcoin position in such a way that, you cash flow because the Cardinals to how you approach Bitcoin, sometimes you have such approach as long term Bitcoin investor and also as a trader, this way you have a set aside funds to accumulate Bitcoin on a long term basis and this Bitcoin accumulations won't be touch for the long term, and in the other hand you have a set aside fund's, this one is for trading Bitcoin, from it you came leverage on the Bitcoin market volitilities to cash in on some gain's that the market move ups and down, so doing this is not so dumb for me

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

Evidence comes when the experience is already on the ground and for an investor most especially those who invest in highly volitile asset like Bitcoin, it is very important to have the basic mindset of how unpredictable Bitcoin can be and at that we should not expect everything to become rosy the moment we invest in them, this is very important in other not to cause panic for ourselves along the line, once we mentain a steady balance Bitcoin position opening, it becomes very easy to accumulate more and More Bitcoin along the way and also being very less concerned about Bitcoin short term market reactions which definitely will always correct back along the ways, so being mentally and emotionally grounded while investing in Bitcoin is highly essential for the growth and sustainance of a newbies journey into Bitcoin accumulations.

[tiCeR]

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

That is a semantically strong interpretation of the preceding post. I had to think about it for a second and it is true. You are literally gambling as there is value on the table and if it goes up you missed the train because you won't be any more convinced to invest when it went 2x since you have first thought about it. That's probably a fallacy that some call "patiently waiting for evidence". Now if BTC goes to 130k, the people who said they are waiting for evidence will then say they are again waiting for evidence that it doesn't crash.

But if it goes down they might buy, or they might not because they don't see an increase in opportunity, but an increase in the risk for BTC to go to zero.

That makes no sense at all. I understand when someone in 2010 or 2011 said they want to give it a few months or years to see where it is heading. However, not even that is really true as supply-wise people could have bought a substantial part of the supply for literally nothing.

Some will just follow what others do, but for those who want to find out what's right and what is wrong about the buzzwords that bitcoin is often brought into context with, do the research instead of "wait for evidence". I wonder what that evidence would be because in order to assess whether evidence has been provided or not, someone would have to actually understand the bitcoin system. Otherwise, how would someone judge or on whats ground would someone judge whether bitcoin is a viable investment opportunity or not?

I realize there is some fundamental flaw in that way of "waiting for evidence" thinking. Question is, will they realize themselves or miss the boat?

[Ambatman]

Snip

There were quite alot of things I would have loved to quote but alas the man is lazy.
No Trading isn't necessarily dumb
Everybody have their goals
It becomes when you plan on accumulating but still trade and end up a nocoiner.
Another asset I value is land, is like planning on owning a land but sell once you come across a buyer that would pay higher than the amount you bought it.
If it continues though you making profits, it may not keep up with another that just held and waited.

Keyword May.

Well accumulate some and trade some, well everybody strategy is different
As long as you don't sell in losses, because there's a likelihood that the trading mentality would warrant to touch from your long term holdings for quicker gains.

And Bitcoin is volatile not highly volatile.

[JayJuanGee]

So you mean that Bitcoin trader's are dumb?

It is dumb to trade bitcoin.  Traders may or may not be dumb in all of their choices in regards to what to trade and/or how to trade.

Because as a matter of fact, and can still double his Bitcoin position in such a way that, you cash flow because the Cardinals to how you approach Bitcoin, sometimes you have such approach as long term Bitcoin investor and also as a trader, this way you have a set aside funds to accumulate Bitcoin on a long term basis and this Bitcoin accumulations won't be touch for the long term, and in the other hand you have a set aside fund's, this one is for trading Bitcoin, from it you came leverage on the Bitcoin market volitilities to cash in on some gain's that the market move ups and down, so doing this is not so dumb for me

You seem to be lacking in focus, yet sure, whatever.. do what you like.  If you want to fuck around with trying to trade or getting involved in NFTs or whatever you believe might be profitable that is your choice. Hopefully, you do not end up screwing up too much when you sell too much of your bitcoin too soon when it would have had been better to just stay in bitcoin rather than scraping off various dollar profits here and there and missing out on the longer term compounding effects that so far have tended to play out in bitcoin and there really is no evidence to suggest that bitcoin's long term investment thesis is getting weaker with the passage of time.

According to your forum registration date, you have ONLY been registered on the forum for 3 years, so if you have been buying and accumulating bitcoin for three years, then you might want to consider how you might have had done if you just had been focusing on investing and buying into bitcoin rather than fucking around with trying to trade it.. .. so perhaps part of the presumption would be that you might have had been wanting to accumulate bitcoin, so for example it you had been buying around $210 in bitcoin each week for the past 3 years, then you would have had invested close to $33k, and you would have accumulated slightly more than 1 BTC.. .Perhaps not making a killing, yet also not really in a bad place in regards to bitcoin accumulation and how much it had cost you to get to such a bitcoin stash size. 

Surely, the longer that anyone has been into bitcoin, then it becomes harder and harder to beat a strictly accumulating approach to bitcoin as compared with fucking around with trading.  Trading likely puts you into a lot of waiting and strategizing rather than merely concentrating on being in bitcoin and building your BTC stash.  So for example a guy who had been investing $100 per week in the last 9 years would have invested around $47k and accumulated right around 18.35 BTC, and surely that is even a better place to be since more time has passes during the ongoing accumulation of bitcoin. 

Even right now 18.35 BTC has a spot price value 0f about $1.23 million and a 200-WMA value of $734K.. so surely not a bad place to be with a $47k investment since that would be right around 26x in profits with the spot price valuation and right around 15.6x profits with the 200-WMA valuation.

Are you suggesting that your fucking around with trading is going to have very good odds of putting you into a better position?  And sure maybe you can make your trading work for you so that you are more profitable, yet at the same time is such a trading strategy generally applicable to most people.. Most likely not, so why would we want to be talking about trading as if it were some kind of a great thing to do in regards to bitcoin when it actually seems to require either some specialized skills and/or luck, which surely could devolve into gambling rather than really building something, and yeah sure you are free to do what you like, but it seems a bad general idea to be gambling with your investments.  Bitcoin is risky enough so why be adding more risk onto it by trading it... unless perhaps you don't even really understand bitcoin, and you are trying to suck off (or scalp) dollars from it, so you are just trying to get dollars, which is also an inferior way to be holding value as compared with bitcoin, if you had not realized that tiny detail.

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

Evidence comes when the experience is already on the ground and for an investor most especially those who invest in highly volitile asset like Bitcoin, it is very important to have the basic mindset of how unpredictable Bitcoin can be and at that we should not expect everything to become rosy the moment we invest in them, this is very important in other not to cause panic for ourselves along the line, once we mentain a steady balance Bitcoin position opening, it becomes very easy to accumulate more and More Bitcoin along the way and also being very less concerned about Bitcoin short term market reactions which definitely will always correct back along the ways, so being mentally and emotionally grounded while investing in Bitcoin is highly essential for the growth and sustainance of a newbies journey into Bitcoin accumulations.

I don't disagree with anything you are saying here, and I still think that adjusting position size can be helpful in regards to figuring out how much to put into bitcoin and/or how aggressive to be in regards to the investment.   In terms of the disposable income, there could be a choice to invest 50% of the disposable income into bitcoin or there could be a choice to invest higher or to invest lower, and it might become more stressful the higher the investment amount.

So for example if a person has an income of around $2.5k per month, and expenses of about $1.5k per month, then the person has $1k per month disposable income.  There could be a choice to invest $100 per week, which would be nearly half of the disposable income or maybe close to $200 per week, which would be all of the disposable income.  Alternatively there could be a choice to invest $30 per week.  So a person has to figure out his position size in such a way that is comfortable, and if the knowledge about bitcoin and even finances, psychology and what is wanted is low and the confidence in bitcoin is low, then it would  seem more justifiable to have a lower BTC position size  as contrasted with someone who might have more organization in his cashflow management and perhaps even more confidence in bitcoin as an investment.

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

That is a semantically strong interpretation of the preceding post. I had to think about it for a second and it is true. You are literally gambling as there is value on the table and if it goes up you missed the train because you won't be any more convinced to invest when it went 2x since you have first thought about it. That's probably a fallacy that some call "patiently waiting for evidence". Now if BTC goes to 130k, the people who said they are waiting for evidence will then say they are again waiting for evidence that it doesn't crash.

But if it goes down they might buy, or they might not because they don't see an increase in opportunity, but an increase in the risk for BTC to go to zero.

That makes no sense at all. I understand when someone in 2010 or 2011 said they want to give it a few months or years to see where it is heading. However, not even that is really true as supply-wise people could have bought a substantial part of the supply for literally nothing.

Some will just follow what others do, but for those who want to find out what's right and what is wrong about the buzzwords that bitcoin is often brought into context with, do the research instead of "wait for evidence". I wonder what that evidence would be because in order to assess whether evidence has been provided or not, someone would have to actually understand the bitcoin system. Otherwise, how would someone judge or on whats ground would someone judge whether bitcoin is a viable investment opportunity or not?

I realize there is some fundamental flaw in that way of "waiting for evidence" thinking. Question is, will they realize themselves or miss the boat?

It seems that some people are too smart for their own good, and some of them are too smart, but they have hardly any investment experienced, so perhaps they are largely scaring themselves out of investing by requiring evidence. 

On the other hand, let's take a guy who already has spent 10 years investing and building his investment portfolio.  The guy should already know that DCAing into the investment is how to go about it, and it takes a long time to build an investment  portfolio.... So let's say that our example of a guy has an already existing invesment portfolio of around $100k, and so largely he got to that size of an investment portfolio by buying $100-$150 of stock or whatever is in the investment portfolio, so more than half of the holdings is from constant buying and the other portion is due to appreciation of the asset, so he should already be smart enough to realize that he needs to get into bitcoin in a similar way, yet maybe for some reason he thinks that he has to lump sum into bitcoin and if he creates a BTC investment target of 5% to 25% (that would be $5k to $25k in this example), then he might be anticipating that he needs to go in after seeing the evidence and feeling good about his entrance point.. which maybe is close to retarded, rather than just DCAing into bitcoin.

Anyone who already has a decently good sized investment portfolio might still need to DCA into his bitcoin position which could take 1-2 years to get to his BTC position size... Let's say he decides that he is going to get his BTC position size up to 15%, yet he is going to try to get it there in 18 months... ..so maybe he would have to invest around $1k per month (or perhaps around $230 per week) into bitcoin in order to get his BTC position size up to 15% of his overall investment portfolio in the next 18 months.   All of that would make sense for the person who is working to take action rather than fucking around with analysis and/or waiting for or trying to find better evidence.

[laijsica]

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

Naturally a newbie investors can start gradually in the field of investing which can help him to be tempted to run the long term deposit DCA strategy. I think it may be their natural growth to tend to hoard bitcoins in addition to meeting the daily needs of the family. People who hesitate to invest in Bitcoin later regret their decision.

Another reason for investor fear and hesitancy is that they may have lost a lot in the past and tend to be more informed about their investments though they should remember that they are going to run bitcoin deposits which makes it a huge difference compared to other shitcoins. Shitcoins and short-term investing are tantamount to gambling with the possibility of unexpected huge losses for an investor.

The only solution to fear or hesitancy in investing in Bitcoin is to take the investment to a strong position by doing regular DCA and building a decent holding. A backup fund is recommended to manage the investment successfully depending on the situation. A large holding should be held in short time intervals to reduce investment risk and buy in bulk in every downtrend.

[Taskford]

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

Naturally a newbie investors can start gradually in the field of investing which can help him to be tempted to run the long term deposit DCA strategy. I think it may be their natural growth to tend to hoard bitcoins in addition to meeting the daily needs of the family. People who hesitate to invest in Bitcoin later regret their decision.

Another reason for investor fear and hesitancy is that they may have lost a lot in the past and tend to be more informed about their investments though they should remember that they are going to run bitcoin deposits which makes it a huge difference compared to other shitcoins. Shitcoins and short-term investing are tantamount to gambling with the possibility of unexpected huge losses for an investor.

The only solution to fear or hesitancy in investing in Bitcoin is to take the investment to a strong position by doing regular DCA and building a decent holding. A backup fund is recommended to manage the investment successfully depending on the situation. A large holding should be held in short time intervals to reduce investment risk and buy in bulk in every downtrend.

Hesitation is common problem for people to start with their bitcoin investment since they always feared about those possible dumps without even thinking that bitcoin could bounce back. This is somehow the fear of some people to start since they are afraid to experience a dump once they buy.

Then to bad for them to think about that way since that mentality could not bring them anywhere. Their doubts will always be the hindrance for their success since they always think negative on certain things that's why its hard for them to start on their investment

Solution for this is to start and don't give a damn with those prices indicated. Pay attention for your consistent accumulation since building up your portfolio is always better than paying attention on things that can give them fear.

[bubilas]

I believe that if we see repeating trends or patterns on the Bitcoin chart, then we should not engage in nonsense like predictions, because the price chart will always surprise all investors. And as soon as someone thinks that he can predict the price movement based on past experience, then such a person will then see unexpected surprises.
Nevertheless, for now Uptober pleases us with price growth (68k!) and this is cool.
And many expected that there will be growth (also elections are ahead) but I hope that this month will pass without unpleasant surprises, and digital gold will continue to go up.

[Obim34]

It is dumb to be trading such a valuable asset like bitcoin, especially if you have goals to accumulate more of it rather than getting dollars that may or may not even hold their value.. Of course, we already know that dollars do not hold their value as well as bitcoin, even though in the short term it can be a bit confusing as to which one might be more favorable to hold in the short-term.. .yet at the same time, part of the rationale to not get caught up in short-term thinking in regards to bitcoin is to perhaps recognize some bitcoin attributes that cause it to be amongst the best (and actually probably the best) of the long term storages of value, sound money and/or the one that is not going to depreciate in value especially over the longer time frames, but hey whatever people are going to do what they are going to do when it comes to trading the most pristine asset so far known to man.

Your first phrase truly speaks all about Bitcoin. Why would anyone tend to trade an asset with so much value? This means only one thing, and that is the fact that they don't know the value of Bitcoin which is why they take such a terrible action towards it. One good way to know the value of Bitcoin is by learning about its investment, buy and hodl. 10 years and more would probably show the evidence. Although not every beginner would want to try it now because they are waiting to see the evidence first. Unfortunate for them when it get to that time, they might end up regretting why they didnt buy now.

Wanting to see evidence first is a gambling mentality.. and scared into being overly conservative.  Many times, if folks are having that level of hesitation and trepidation in regards to investing into bitcoin, they likely need to adjust their position size downward so that they are not so worked up about it... Of course, they can continue to learn after getting started and then increase their position size as they become more comfortable.. yet there still is a need to get started and just to start out slow if they are not feeling comfortable.

Naturally a newbie investors can start gradually in the field of investing which can help him to be tempted to run the long term deposit DCA strategy. I think it may be their natural growth to tend to hoard bitcoins in addition to meeting the daily needs of the family. People who hesitate to invest in Bitcoin later regret their decision.

Another reason for investor fear and hesitancy is that they may have lost a lot in the past and tend to be more informed about their investments though they should remember that they are going to run bitcoin deposits which makes it a huge difference compared to other shitcoins. Shitcoins and short-term investing are tantamount to gambling with the possibility of unexpected huge losses for an investor.

The only solution to fear or hesitancy in investing in Bitcoin is to take the investment to a strong position by doing regular DCA and building a decent holding. A backup fund is recommended to manage the investment successfully depending on the situation. A large holding should be held in short time intervals to reduce investment risk and buy in bulk in every downtrend.

An easy step is the best for any newbie, just like what @Jay said, newbies are recommended to start slowly given them the opportunity of backing down if not comfortable with the way it goes. But consider it a dumb response if a newbie finds discomfort while investing and holding compared to trading. Investing in Bitcoin is an option not a criteria that must be dealt by everyone, those who understands the benefit will gladly embrace Bitcoin at ease without hoarding any form of doubt.

I believe that if we see repeating trends or patterns on the Bitcoin chart, then we should not engage in nonsense like predictions, because the price chart will always surprise all traders. And as soon as someone thinks that he can predict the price movement based on past experience, then such a person will then see unexpected surprises.
Nevertheless, for now Uptober pleases us with price growth (68k!) and this is cool.
And many expected that there will be growth (also elections are ahead) but I hope that this month will pass without unpleasant surprises, and digital gold will continue to go up.

Predictions and speculations are part of Bitcoin movement, it is an important factor when investing knowing with some traces (majorly historically) there is a good possibility of achieving a certain price in a respected interval. The only issue is for some users who over exaggerate the whole thing causing users to invest aggressively, highly of what should have been made available in the portfolio which leads to discomforts while holding. October is here already, and we can't call it a bad start for the remaining quarter of the year, nevertheless i feel nothing in opposition to the price movement following the forth coming election, who so ever emerges as the winner doesn't implicate a negative or positive impact either.

[Stablexcoin]

An easy step is the best for any newbie, just like what @Jay said, newbies are recommended to start slowly given them the opportunity of backing down if not comfortable with the way it goes. But consider it a dumb response if a newbie finds discomfort while investing and holding compared to trading. Investing in Bitcoin is an option not a criteria that must be dealt by everyone, those who understands the benefit will gladly embrace Bitcoin at ease without hoarding any form of doubt.

You, Jay, and I are speaking the same thing and on the same page here. Perhaps some words you used here are referring to everyone and not to investors. I don't expect everyone to invest in Bitcoin only investors. 44% or more of the entire population in the world are not ready to invest in any asset talk more about investing in Bitcoin. Investing in Bitcoin is a choice that must be dealt with by those willing to invest in Bitcoin and not everyone. Meanwhile, an investor can only know the benefit of choosing Bitcoin as an Asset for investment if he is investing in Bitcoin. Just like you can only know the taste of a sweet orange when you lick it.

However, Bitcoin shouldn't be an asset that you have to wait to see how beneficial it is to others before investing in it. Its better to have that experience for yourselves by starting our investment.

I believe that if we see repeating trends or patterns on the Bitcoin chart, then we should not engage in nonsense like predictions, because the price chart will always surprise all traders. And as soon as someone thinks that he can predict the price movement based on past experience, then such a person will then see unexpected surprises.
Nevertheless, for now Uptober pleases us with price growth (68k!) and this is cool.
And many expected that there will be growth (also elections are ahead) but I hope that this month will pass without unpleasant surprises, and digital gold will continue to go up.

Yeah, you have made a valid point. Since past patterns do not guarantee future result. We shouldn't go about our investment following what may and has happened in the past. October is mostly a good month for Bitcoin and we get to see the rise this month too based on the chart. But that shouldn't be what we should look out for when investing in Bitcoin. We should be more focused on our goals and targets. Just like any other month, October should be a month where we get to stay consistent to our accumulation if we haven't meet our goals.

[JayJuanGee]

[edited out]

The only solution to fear or hesitancy in investing in Bitcoin is to take the investment to a strong position by doing regular DCA and building a decent holding. A backup fund is recommended to manage the investment successfully depending on the situation. A large holding should be held in short time intervals to reduce investment risk and buy in bulk in every downtrend.

You are not making your points very clearly laijsica, and there are some ways that you may be leaving some bad impressions in the way that you are saying what you are saying.. since it sounds like you are wanting the hesitant person to convert over from investing bitcoin and into gambling with his approach by waiting for lower prices and also holding back value so that he can invest at lower prices which seems to reinforce a kind of gambling, rather than investing mindset.  

If I read you correctly you are not completely wrong, since you also seem to be suggesting that the hesitant person needs to get started DCA investing into BTC.. so a solution to hesitancy is to get started.. which then kind of seems to assume away the hesitancy matter.

It is also problematic when you suggest that there is an "ONLY" solution, even though there are likely preferable solutions, which relate to just getting started as you seem to be suggesting and starting DCA, which you also seem to be suggesting, and so nothing really wrong with that aspect of what you are saying.  

It is unclear about why you are proclaiming that it is good to start with large amounts rather than a more individually-tailored approach would be for the hesitant person to start with small amounts while getting used to the idea of being in bitcoin and just putting regular buying of BTC systems in place that are not large amounts that would cause worry to such hesitant person and not necessarily committing to bitcoin in BIG ways, since such person is not going to do BIG, and is already not wanting to do anything to get started in bitcoin and might well be concerned that the BTC price is going to crash. which is part of the reason that the hesitant person does not want to go BIG from the start.  

With regular newbie investors into bitcoin, there would really be no need to hold back any value for buying dips, but instead just to begin DCAing regularly and without thoughts about whether the price is up or down, at least for the first few years of DCAing, yet sure if someone might already be scared and hesitant to get involved at all in BTC investing, then in those kinds of cases, those kinds of hesitant people could invest way smaller amounts in their DCAs to just get off zero and to just put their BTC buying systems in place without committing very much value to their bitcoin buys which should help them in their worries about losing value if the BTC price ends up dropping rather than either going sideways or going  up, and at the same time, such hesitant persons could hold back some extra cash which could optionally be used for buying bitcoin on dips.. if they want to buy on dips.. or just to have that extra money that they are holding back for other purposes if they continue to be afraid of getting further involved in bitcoin purchases beyond the DCA that they might have had agreed to do, and beyond whatever studying that they might be doing while they are continuing to ongoingly DCA into bitcoin.. even with just relatively small amounts of value while they are getting used to the whole thing.  

Buying BTC  on dips and saving large amounts of value to potentially invest into BTC on dips is not necessarily a good strategy for most regular people to really get involved in investing into bitcoin, yet if we are already presuming that our hypothetical person has a lot of hesitancies in regards to bitcoin then such a quasi-waiting strategy could work decently well for such hesitant person, even if it is not really generally a recommended strategy for most normies, and that kind of a waiting while investing  very small DCAs strategy might work for that particular hesitant kind of a person just while they are still getting used to the idea of bitcoin and while they are continuing to DCA small amounts and to study bitcoin and get used to better attempting to understand what bitcoin is.

[MainIbem]

I believe that if we see repeating trends or patterns on the Bitcoin chart, then we should not engage in nonsense like predictions, because the price chart will always surprise all traders. And as soon as someone thinks that he can predict the price movement based on past experience, then such a person will then see unexpected surprises.
Nevertheless, for now Uptober pleases us with price growth (68k!) and this is cool.
And many expected that there will be growth (also elections are ahead) but I hope that this month will pass without unpleasant surprises, and digital gold will continue to go up.

I think you meant investors and not traders, Bitcoin is best for investment (long-term) purpose which is buy and hodling and not really good for trading based on the very high risk factor that involves in trading, well I just see your statement as a little misunderstanding about both concepts so I won't go further on the difference between trading and Bitcoin investment. Well the Volatility of Bitcoin has made it possible for people to give different predictions of what they feel the price would be and anyone can just come up with their own predictions based on their different analysis of the market bit those are just mere speculations and like you said an unexpected suprise could occur. Well, the month of October came with it's own suprise and for the past days investors have witnessed continuous upsurge thats making everyone smile, however there's a possibility of a possible dip before the election, even though lots of investors are hoping it continue rising but then, I hope those who were waiting for a massive dip to occur before they make entry have seen why it's very good to DCA and make entry at any point instead of waiting for the dip to invest on Bitcoin.