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Cryptocurrency Price Speculations / Re: Bitcoin post-halving price consolidation could last 2 months
« on: May 11, 2024, 09:00:26 PM »Sorry for your eth choices but to each Thier own. My thoughts on eth is it is a dead coin and get out of it. Move your eth to Solana. My thoughts are just that thoughts. I have fully liquidated all my eth and happy I did it.
After the next bull run cycle, the probability of Bitcoin falling below $100k is not inconceivable, but it is unlikely. I'm not sure when BTC will reach $200k-400k, and if I tell my kids that I bought my first BTC below $400, they'll never believe me if they don't see a Porch or a Ferrari in the basement. LOL My current purse is not enormous, and I feel that BTC is becoming further out of reach with each passing year.
Gambling is a way of life, so I'm just taking my chances now; if it falls below what I expected, I'll stack 70% of my savings; if it stays the same or rises slightly, I'll stack 40% of my savings and gamble 30% on Ethereum.
What happened to crypto asset diversification? Where do we draw the line? I have a few Sol shitcoins in my wallet that I purchased at the $18 dip, and I haven't decided whether to get eth just yet; everything is dependent on the Bitcoin price. I imagine eth hitting $10k or more in the next bull market, and owning 2-3 pieces wouldn't be a bad idea unless you know something I don't. Tell me.