disappointing bull run if this is the top
disappointing bull run if this is the top
Why do you think so, as history has shown it is never too late!
I don't know how long this run would last. But I'm curious of the thinking process - why didn't you buy at $55k two months ago? Thought it would dump further? Then it'd have been better to DCA on the way down starting at $55k, than going in at $87k. Some people are locking profits at this price, hoping for a dump to $70k...
Not that I know but one reason could be unavailability of funds baack then. I for example buy whenever i have more cash than i need for next week groceries. ,)elcontestador said:
I don't know how long this run would last. But I'm curious of the thinking process - why didn't you buy at $55k two months ago? Thought it would dump further? Then it'd have been better to DCA on the way down starting at $55k, than going in at $87k. Some people are locking profits at this price, hoping for a dump to $70k...
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Projections are 180 - 200k this cycleelcontestador said:
I don't know how long this run would last. But I'm curious of the thinking process - why didn't you buy at $55k two months ago? Thought it would dump further? Then it'd have been better to DCA on the way down starting at $55k, than going in at $87k. Some people are locking profits at this price, hoping for a dump to $70k...
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in the last two weeks 6k+ BTC was mined - BlackRock ETF alone bought 54k+ during the same period - the probability distribution of the next development is rather obvious - nobody is definitely late
First cycle?jorge said:
What's going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?
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exactly, some people just type before they think!W Fish said:
Not that I know but one reason could be unavailability of funds baack then. I for example buy whenever i have more cash than i need for next week groceries. ,)
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We have heard that high figures before, never got that far as 97K
it may be the opposite now, everyone is super bearish still (including me) and barely no one would expect 500k +.
the process is not linearbrianK said:
500K+ won't happen now, not in 3 months, and not in 5 years. After that, maybe. To reach the current BTC level, it took 5 years from the time it was predicted to becoming reality.
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youre obv new to this.brianK said:
500K+ won't happen now, not in 3 months, and not in 5 years. After that, maybe. To reach the current BTC level, it took 5 years from the time it was predicted to becoming reality.
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Yes, I'm not really familiar with all of this, I misread your post, sorry about that.JackAlabama said:
youre obv new to this.
Its basically what i just said before "it may be the opposite now, everyone is".. You cant really predict anything with certainity.
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I am buying even at 96K today.
I thought about it, but I just can't bring myself to do it.
buy the ibit etf, its only 50 bucks. 😉
Why do you still look at usd price? It's so irrelevant now even more than before. Just buy whenever possible. I buy on Mondays, for example, and I've been doing that for years.
There are crypto cards for this
There's the certainty of the USD eventually reaching zero purchasing power though. Plus, in the meantime your fiat can be frozen/confiscated for whatever excuse.brianK said:
and there's always the risk of buying at 97K today only for it to drop to 80K tomorrow.
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Try to buy anything with a currency worth zero.brianK said:
That makes it pretty hard to buy Christmas presents and food with a 17K losssmi(&%
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