Is paying curious attentions on the market speculations worth it?

[Shineup]

I believe people should not take decisions based on market trends or speculation alone. The action of strategy selling a big portion of their bitcoin was supposed to have a great influence in the market. However, things didn't go the way a lot of people actually expected. There are so many things that can influence the market movement apart from strategy selling out a large portion of their bitcoin. Therefore , I prefer to pay attention to long term goals rather than being moved by short term market trends.

Market trends or speculations are normal, and sometimes it helps you avoid future plagues if you work towards it, while some many other times too, it makes you take the wrong decision in your investment journey. So yes, speculations aren't entirely bad, it's just the investor that took a decision, and any decision taking either cool or disastrous falls back to you.

The best is always to follow the news, understand what speculations are, and maybe pay attention more, giviuut little time to see how it turns before taking action. But whichever way, you still bear all the risk. I see speculations as a warning signal, or as an expectation list, which keeps you up and doing always in your investment journey. So while speculations keeps you active and watching, you don't have to follow all as it as, you could watch for a distance and really see how it goes before taking final actions.

There is no way making any decisions in your investment based on speculations makes any sense, speculation doesn't mean there is any guarantees of that happening, it is a case of probability where it may or may not end up happening, so when any decisions is based on this you are prone to making mistakes which you are going to regret later on, you don't rely on any form of speculation or attempting to give it any time as you said before taking action, your actions should solely based on your personal position and not on speculations no matter how real it may look, though some speculation can also align with your plans.

[Bushdark]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.
Was it not just last week with the news that Strategy sold 1,690 of bitcoin for approximately $104.7 million? Then speculations with negative odds about how bitcoin price was going to be negatively affected continued to erupt with the believe that other investors will begin sell out of Fomo and wants to opt out before the margin sells begin to have effect in the market.
And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

The best advise I will give you is to take away your attention from the crypto market because of so many reasons you will not be ready to contain as per putting too much of your attention on speculative market. Keeping your attention on the crypto market will increase your emotions and it can make you lose money if you are not the kind of trader or investor that is emotionally strong and able to refuse the urgency to buy when it's not yet time to buy based on the strategy used for trading or investing. Speculation does not have any significant in the market, it is only the news that have much impact in the crypto market.

[alastantiger]

Only scarf traders should be paying attention to news and market speculations like when a big company like Micro strategy, now strategy sells their large Bitcoin holdings, or buying another hundred of Bitcoins which could cause short term market reactions.
Only trader's can understand this move and pay attention to them, but for someone that want to DCA they will have to look away from temporary market news and speculation, as long as you are putting your discretionary into into Bitcoin.

Someone that wants to DCA can also pay attention to the market but they are not doing so to be scared of the market but they are doing so to wait on when Bitcoin prices has fallen again so that they can buy as some people only like to DCA when the price of Bitcoin is down. I know of a friend that only buys Bitcoin when it is falling as he considered it more exciting for him when the price is failing as he can get it cheaper that way. An investor can also monitor the market just to stay informed but he should not make any decision when he has not reach his goals of holding to a particular price. The market is always entertaining to look at but our emotions should always be in controlled state.

[blockman]

The best advise I will give you is to take away your attention from the crypto market because of so many reasons you will not be ready to contain as per putting too much of your attention on speculative market. Keeping your attention on the crypto market will increase your emotions and it can make you lose money if you are not the kind of trader or investor that is emotionally strong and able to refuse the urgency to buy when it's not yet time to buy based on the strategy used for trading or investing. Speculation does not have any significant in the market, it is only the news that have much impact in the crypto market.

We as investors can't get our heads and attention off market. We have to do it to be at least informed and updated of what's happening in it. But, it's true that if put so much attention in it and it's eating our sanity you better get off it and try to think of other things or much better not to think any of it at all. Just pure rest and you don't have to rethink of your actions whether they're mistakes or trying to undo what you have done which made you some bad decisions. Although the reality as investors, we cannot remove being so thoughtful about the market from time to time.

[STT]

You can play the market but its more likely the market plays you, without you realizing.   People get corralled into mass fear or hype and that how you end getting a bad price.
  Its why DCA somehow blindly manages to do better then many people because we get biased by our own fears and hopes and people move like a herd which is natural but not for the best price often.

Objectively and calmly summarizing an advantageous clear observation of a market trend should be profitable but its really hard to do.   Instead we're reacting to a story about Strategy selling or not, but they are not the market its just a company performing some trade as a task they promised to do in their portfolio management.
  Its not really a tradable story imo, they'll buy back what they sell its not my great concern and I don't think they determine the market flow.

[danadc]

You can play the market but its more likely the market plays you, without you realizing.   People get corralled into mass fear or hype and that how you end getting a bad price.
  Its why DCA somehow blindly manages to do better then many people because we get biased by our own fears and hopes and people move like a herd which is natural but not for the best price often.

I firmly believe that's the case. DCA has become one of my best ways to potentially acquire BTC. I can't say otherwise. I've always wanted to own BTC, but it's so difficult to save enough money to buy it all at once, and with the hustle and bustle of daily life, it's impossible for me to save that kind of money.

Every change in the BTC price represents another opportunity to take advantage of. We can't waste what comes our way; we must capitalize on every movement. If the BTC price is falling, we should buy more.

[icebar]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.
Was it not just last week with the news that Strategy sold 1,690 of bitcoin for approximately $104.7 million? Then speculations with negative odds about how bitcoin price was going to be negatively affected continued to erupt with the believe that other investors will begin sell out of Fomo and wants to opt out before the margin sells begin to have effect in the market.
And currently the market even looks like it has gained some supports to break the long time $65,000 resistance. Meanwhile Strategy sold when the market was trading at $63,000.

The best advise I will give you is to take away your attention from the crypto market because of so many reasons you will not be ready to contain as per putting too much of your attention on speculative market. Keeping your attention on the crypto market will increase your emotions and it can make you lose money if you are not the kind of trader or investor that is emotionally strong and able to refuse the urgency to buy when it's not yet time to buy based on the strategy used for trading or investing. Speculation does not have any significant in the market, it is only the news that have much impact in the crypto market.

The more speculation is made about the market, the more problems will arise. While it is very important for a trader to keep an eye on the market, it is not so important for a holder. The Bitcoin market is constantly changing. Since the volatility is high, its price changes quickly. For those who are investing and trying to hold on for the long term, it is better to stop reviewing the market after investing. Bitcoin will definitely rise in the long term, but for those who constantly think about the market and keep daily updates, it will definitely be difficult to contain emotions. Speculation about the market may provide insight into the current state of the market, but it can also be a major obstacle for investors in the future.

[As-Soon-As]

The Bitcoin market is constantly changing. Since the volatility is high, its price changes quickly. For those who are investing and trying to hold on for the long term, it is better to stop reviewing the market after investing. Bitcoin will definitely rise in the long term, but for those who constantly think about the market and keep daily updates, it will definitely be difficult to contain emotions. Speculation about the market may provide insight into the current state of the market, but it can also be a major obstacle for investors in the future.

And if it is compatible with long-term holding, then it is not advisable for him to do market research at all. If the price of Bitcoin increases even slightly, that person may get greedy and decide to sell his Bitcoin investment, every person has greed for money, so if you hold for a long time, you should focus only on buying Bitcoin. So if every person holds Bitcoin and moves forward with his Bitcoin holding, then he should refrain from market research.
It is possible to keep Bitcoin trending in the long term by following various strategies, in this strategy they preserve the market movement correctly and have to sell Bitcoin to distribute profits to shareholders, there is nothing to panic about, the market is moving at its own pace. Now the price of Bitcoin is on a huge upward trend, so do not panic and keep holding.

[Dave1]

I firmly believe that's the case. DCA has become one of my best ways to potentially acquire BTC. I can't say otherwise. I've always wanted to own BTC, but it's so difficult to save enough money to buy it all at once, and with the hustle and bustle of daily life, it's impossible for me to save that kind of money.

Every change in the BTC price represents another opportunity to take advantage of. We can't waste what comes our way; we must capitalize on every movement. If the BTC price is falling, we should buy more.

Even big companies and institutions are doing this kind of method, so yes, it is the best. But obviously for us average joe investors, it will take a lot of time and patience on our side as we should only invest in small amounts.

So it might take sometime or at least practice to accumulate in one full cycle, that is 4 years. That could be a big problem for the majority of us as we needed time, money and again, patience to not to tempt to sell when the price is going up just like what we have seen in the last 2-4 days. We need to sell it at the top or almost there in the bull run.

And if we do that, then there is no need to pay attention of the price, what we need to focus is to continue our DCA method no matter what.

[Jostern]

You can play the market but its more likely the market plays you, without you realizing.   People get corralled into mass fear or hype and that how you end getting a bad price.
  Its why DCA somehow blindly manages to do better then many people because we get biased by our own fears and hopes and people move like a herd which is natural but not for the best price often.

I firmly believe that's the case. DCA has become one of my best ways to potentially acquire BTC. I can't say otherwise. I've always wanted to own BTC, but it's so difficult to save enough money to buy it all at once, and with the hustle and bustle of daily life, it's impossible for me to save that kind of money.

Every change in the BTC price represents another opportunity to take advantage of. We can't waste what comes our way; we must capitalize on every movement. If the BTC price is falling, we should buy more.

But does it not make sense to buy more bitcoin at whatever price bitcoin is currently in the market, do we only have to consider when there is a drop off in the price of bitcoin, because you’re actually talking about buying more when there is a price dip, I can only buy more bitcoin when I have the money to do so, I don’t only consider when there is a downturn in the market.

Just like you’ve said DCA have been a more comfortable techniques to buying bitcoin for so many people, because I think DCA is more sustainable, in the sense that you can buy at any price available by feeling comfortable with your discretionary income, and also considering buying and holding for the long term because DCA goes with hodl.

[Futurexxx]

But does it not make sense to buy more bitcoin at whatever price bitcoin is currently in the market, do we only have to consider when there is a drop off in the price of bitcoin, because you’re actually talking about buying more when there is a price dip, I can only buy more bitcoin when I have the money to do so, I don’t only consider when there is a downturn in the market.

To the best of my knowledge, buying Bitcoin once your discretionary income is available is the best because it makes your Bitcoin portfolio grow faster than someone waiting for the dip before buying.

Those that are waiting for the dip before buying may miss a lot of buying opportunities because the dip they may be expecting may not come, and on most occasions, they will not buy and add to their stash, but someone that is accumulating consistently through the dca accumulating strategy will always be buying and adding up to his stash, and can even buy aggressively with his reserve funds when the dip finally comes, so the dca accumulating strategy remains the best way to accumulate Bitcoin.

[SamReomo]

your actions should solely based on your personal position and not on speculations no matter how real it may look, though some speculation can also align with your plans.

When it comes to Bitcoin investment then it's always better to do your own research and then take any action of buying or selling not to trust speculations of others. Many people willing create fud so weak hands keep selling their Bitcoin for cheap that's why one should not trust market speculations blindly.

Bitcoin is a long term asset and it has given profit to long term holders and it'll keep giving profits to those who buy and hold it with long term mindset. The smart ones accumulate more Bitcoin when they see huge dips but the ones with poor mindset often end up selling their Bitcoin during the dips. So every investors who's in Bitcoin should follow the approach of the smart ones to gain maximum profit in long term.

[Showlove01]

I don't even know if i should not be paying that much attention on the bitcoin market speculation regarded how the news has always been and how the outcome of the market being totally different.

If you are paying curious attention to the market instead of speculation, I am  sure you will get to know and understand what the chart or market is doing  and I am speaking from a place of experience but I don't know about others  speculation and I don't want to know because the people who are speculating are human being like you and I and trust me you can even be right on your bias or speculation while they are wrong so focus on your own way of finding out what the market is doing and about to do next so you don't follow blindly and make mistakes.

[Die_empty]

There is no way making any decisions in your investment based on speculations makes any sense, speculation doesn't mean there is any guarantees of that happening, it is a case of probability where it may or may not end up happening, so when any decisions is based on this you are prone to making mistakes which you are going to regret later on, you don't rely on any form of speculation or attempting to give it any time as you said before taking action, your actions should solely based on your personal position and not on speculations no matter how real it may look, though some speculation can also align with your plans.

Traders use different indicators to make speculations before deciding on the position they would take. So it is not wrong to predict the market since they are short-term investors. If you don't know how to analyze the market as a crypto trader, it might lead to losses. Long-term investors are not too concerned about short-term speculation. They are focused on their accumulation plans and will only sell when they get to their projected price. Those who understand the market are not too concerned about daily market fluctuations since they have a long-term plan. 

[danadc]

Even big companies and institutions are doing this kind of method, so yes, it is the best. But obviously for us average joe investors, it will take a lot of time and patience on our side as we should only invest in small amounts.

So it might take sometime or at least practice to accumulate in one full cycle, that is 4 years. That could be a big problem for the majority of us as we needed time, money and again, patience to not to tempt to sell when the price is going up just like what we have seen in the last 2-4 days. We need to sell it at the top or almost there in the bull run.

And if we do that, then there is no need to pay attention of the price, what we need to focus is to continue our DCA method no matter what.

Yes, it's difficult sometimes, but I think what you're saying is very true. Using the DCA method will free us from many pitfalls we don't want to fall into. I've tried trading, I've done analysis, but I know I still have a long way to go. When I've tried, I've made many mistakes, and I don't think I'm good at trading. I think I should take courses, read a lot, and that takes a lot of time.

DCA allows us to accumulate wealth in a way that is actually possible. There's no pressure, just keeping our own expectations. That's what leads us to be more careful and in control with our money so we don't lose it.