▶️ Some questions & predictions
- When will Bitcoin break its ATH? November 2024
- When will the bull run end? September 2025
- When will most of the new 100x alts be released? Jan-July 2024
Why do I think this? I'll show you below 👇
▶️ This Time Is NOT Different
All I've heard for the past 2 years is "This time is different".
They said the bear would be longer because of FTX and recession...
They said the BTC would break its ATH sooner because of ETFs...
Yet, things have been exactly the same 👇
▶️ Market Tops
In 2017 the bull market peaked exactly 29 months before the halving. In 2021 it did the exact same thing.
Alright, I know, it might just be a coincidence. But what if I told you...(https://pbs.twimg.com/media/GEDxjCWbYAA0jDR?format=png&name=900x900) (https://twitter.com/LadyofCrypto1/status/1747662243687522773)
▶️ Bear Market Length
Both the 2018 and 2022 bear markets lasted exactly 12 months. This is crazy when you consider how many people were saying this bear market would be way longer and deeper.
But was it deeper?(https://pbs.twimg.com/media/GEDxjlXbYAIiyMq?format=jpg&name=900x900) (https://twitter.com/LadyofCrypto1/status/1747662252814327836)
No, it wasn't. In the 2018 market, Bitcoin retraced 84%. In the 2022 one there was only a 77% retrace.
So all the drama around the bear market and it ended up being the exact same length as the previous one and percentage-wise... better.
▶️ All Time High
In the last two cycles, Bitcoin broke its all-time high 7 and then 8 months after the halving.
The ETF has so far not propelled BTC to 100k overnight as many assumed. I think that like the last two time, it will be 7-8 months, so, November 2024!(https://pbs.twimg.com/media/GEDxkTEbYAYPJ4s?format=jpg&name=900x900) (https://twitter.com/LadyofCrypto1/status/1747662265409823086)
▶️ Bull Run
The last three bull runs lasted 9, 9 and 11 months respectively. This one could be longer but I think 9-11 months is a good target to keep in mind.
I think the next run peaks around September 2025 give or take a month. Let's talk profit-taking.(https://pbs.twimg.com/media/GEDxk1AacAAqTNs?format=jpg&name=900x900) (https://twitter.com/LadyofCrypto1/status/1747662274691817678)
▶️ Taking Profit
I'll take partial profit slowly the whole run up. I believe that if you're up big you should 5%-10% out to secure profit.
A lot of people say "Don't sell strength"... meh. In crypto things can go from strong to dead in hours.(https://pbs.twimg.com/media/GEDxlXFbYAA1W9p?format=jpg&name=900x900) (https://twitter.com/LadyofCrypto1/status/1747662282992283907)
I'll take a small amount of profit on alts that pump hard but as we get closer to Sep 2025 I'll ramp up profit taking. This is a loose plan and could change!
Some profit will be moved out of crypto and the rest reinvested in new projects with more upside potential 🚀
Trying to predict the All time high is an attempt to understand how greedy a trader can be. If he does not know that point, he may decide to sell at $100,000 and discover that the price has reached $150,000. or at $150,000 and find that the price has reached $200,000 because once the peak is broken, people begin to think about the next peak.Nothing wrong to expect an all time high and has a prediction on ATH price and use it as your taking profit price.
it is likely that selling will begin from $100,000 which is the highest point for old predication and $150,000 is a good selling point.
Trying to predict the All time high is an attempt to understand how greedy a trader can be. If he does not know that point, he may decide to sell at $100,000 and discover that the price has reached $150,000. or at $150,000 and find that the price has reached $200,000 because once the peak is broken, people begin to think about the next peak.
it is likely that selling will begin from $100,000 which is the highest point for old predication and $150,000 is a good selling point.
well in my case I will book profit from points to points where I will feel I should book some profit here but I will start booking profit after Bitcoin makes its new all-time high until that time I will hold my amount I mean I will not book my all profit only at once because the market may go even higher from the price where I book profit or even lower. So, I plan to book profit from different points.What you do is similar to DCA for taking profit.
Interestingly, as someone who doesn't really care about "this" bull run, it will pass by very quickly and without much excitement for me to be fair. What I mean by that is the fact that even if it becomes 150k, which is more the three times the price of it right now, nearly four times the price, I would not sell.It means you have very clear target price to take profit and you don't need to know when it happens. With this approach, you must manage your capital very well and should not use all money you have for Bitcoin investment. Because you need money, cash to pay expenses and even for emergent situations so that if you don't always have cash (as part of your capital), you will never be able to hold your bitcoin.
it is likely that selling will begin from $100,000 which is the highest point for old predication and $150,000 is a good selling point.Possibly. Who knows if that would be the all-time-high. But if the price can surpass $100000 not quite long and not decreasing below the six digits, there is a tendency that the price will surpass $100000. But my guess is also that people will likely sell very well at $100000. The good selling point that I guess is $100000. But not that people will sell all. Some people will not sell all even after the all-time-high. Some people will hold bitcoin for decades.
The 2021 prediction was $100K, but it didn't happen, and it's a long way from that prediction happening. Some analysts predict that the price will likely reach 3x the previous ATH price, and if it can reach $150K, it will certainly not be difficult to do.Everything is analyzed and may not be achievable. That's normal, so always be prepared for this possibility.However, a bullish market will indeed occur because the halving era is approaching.Everyone always hopes for the best but must be able to accept that maybe later it will be below the predicted price, like in 2021, but renewable ATH changes will still be formed.it is likely that selling will begin from $100,000 which is the highest point for old predication and $150,000 is a good selling point.Possibly. Who knows if that would be the all-time-high. But if the price can surpass $100000 not quite long and not decreasing below the six digits, there is a tendency that the price will surpass $100000. But my guess is also that people will likely sell very well at $100000. The good selling point that I guess is $100000. But not that people will sell all. Some people will not sell all even after the all-time-high. Some people will hold bitcoin for decades.
My recommendationsThese are good recommendations, I never thought to make some plan for my portfolio as this is my first time seeing a bull run with some portfolio otherwise I did see the last bull run and learned from that. I will make some plans to book profit so that I can book more profit rather than booking less. I might do DCA. It looks good and I suppose its easier also.
- Don't try to find All time high, you can not predict it correctly and you will only know ATH of a cycle after you are already in a bear market.
- Don't time the market. Let's the market runs and try to exit with market cycle length, that you can base on Bitcoin history.
- Each cycle is unique and it can be longer or shorter than previous cycles but if you make your strategy on average cycle length, you will not take profit too far from the ATH & more important you will be able to avoid stuck too deep in a bear market.
- If you don't want to exit the market by taking profit with all bitcoins you have, do DCA for profit taking, withdrawal like this strategy.
- [ANN] JJG Sustainable Bitcoin Withdrawal Strategy (https://bitcointalk.org/index.php?topic=5479482.0)
- https://bitcoindata.science/withdrawal-strategy
- Biggest common mistake of newbies is trying to find absolute bottom or ATH. Just don't!
My recommendations
Don't try to find All time high, you can not predict it correctly and you will only know ATH of a cycle after you are already in a bear market.
My recommendationsA lot of price analysis and market experts gives out different price speculations for Bitcoin but non of them have mentioned the correct price that will be the all time high. What you said is correct that all time high is only known after the market have become bearish again. Experts can only say that the price will go up to about $90k or $150k but they don't know the exact amount. Every investor should sell at any price that they are comfortable with the amount of profit they already made.
- Don't try to find All time high, you can not predict it correctly and you will only know ATH of a cycle after you are already in a bear market.
Only if I see that the price rises a lot, between this year and the next, I will probably temporarily stop buying DCA and take the opportunity to make some sales, to resume buying a little later on.You can continue to DCA now and like 3 or 4 months after the halving, then you can start to think of DCA with profit taking. If you continue to DCA, make sure you are ready for buying at all time high area and also ready to hold those DCA amounts till a next market cycle.
I'm guilty of doing this in the past, you must have your plan for selling what you bought at the bottom, you should set up the price and what percentage of profit you are comfortable sellingIf you understand DCA well and actually practice with it, you will see it is like a two-way strategy. Assume you make a first DCA around the bottom and take profit with that amount a little bit far than all time high. You continue to DCA profit taking with a second DCA that was bought with price higher than bottom price, but the taking profit price will be nearer to all time high.
Only if I see that the price rises a lot, between this year and the next, I will probably temporarily stop buying DCA and take the opportunity to make some sales, to resume buying a little later on.You can continue to DCA now and like 3 or 4 months after the halving, then you can start to think of DCA with profit taking. If you continue to DCA, make sure you are ready for buying at all time high area and also ready to hold those DCA amounts till a next market cycle.I'm guilty of doing this in the past, you must have your plan for selling what you bought at the bottom, you should set up the price and what percentage of profit you are comfortable sellingIf you understand DCA well and actually practice with it, you will see it is like a two-way strategy. Assume you make a first DCA around the bottom and take profit with that amount a little bit far than all time high. You continue to DCA profit taking with a second DCA that was bought with price higher than bottom price, but the taking profit price will be nearer to all time high.
And so on, if you DCA for both entries and exits, it will help you to gain good profit and not much less than do it with a single entry at bottom price and another single exit at all time high.
So you set a ladder sale on the first DCA. Say you did it from 16k to 40k. Which was from Nov 2022 to Dec 2023 say 56 weeks at 0.002 btc a week.I meant this strategy only fits with long-term investors who can hold their bitcoins for years. Additionally, it is only rough statement and I apply this to take profit gradually till a point I see the bull run is almost over, I will exit my position, with all rest bitcoins I have.
You get to 0.112 btc
Placed a ladder for sales at
42k sell 1/10 you sold 0.0112
45k sell 1/10 you sold 0.0112
48k sell 1/10 you sold 0.0112
51k
54k
57k
60k
63k
66k
69k
so 7/10 of the DCA is not sold but since the first 3/10 was purchased at 16k to 22k during November 2022 to Jan 2023.
You double your purchase price.
People have predicted and I have also predicted the cryptocurrency market price but I have not gotten the real or the accurate market price. The price is unpredictable even this average bull market price which running from year October was a surprised to most of us. In cryptocurrency market prediction everyone predict their own way. Now as it is some are saying that in the month of April, the halving will kick start and from the month of October then the bull market will show face. Let's wait and see.For those who do have that last bull run experience then for sure we do already have that kind of idea on how this market would really be looks like on which we are already expecting that there would really be a bull run after that halving event with bitcoin but of course it would really be still taking some several months before it would really be making out such movement and there are
I would note for myself that coins from the top 20 on CMC are always coins with a high likelihood of a pump in a bull market. Personally, I plan to take advantage of the opportunities of the bull market, but with portfolio diversification in mind.This topic is about Bitcoin, not about altcoins generally and not about top 20 cryptocurrencies.
To put it all in summary, don't be greedy with your bitcoin investment, and set your withdrawal price at an ATH that is easily achievable.The point of discussion from this thread is "You can not find the all time high and time in the market that when ATH will appear". So you must forget about chasing a new ATH as your target price for taking profit. It is a very difficult and nearly impossible task.
You should also sell at a price that is comfortable for you, little by little, and don't hold out for a longer time in an attempt to make more profits because you never know when the price of bitcoin may reach its peak during a bull run. Thus, be realistic and set a moderate price level that bitcoin can reach throughout the upcoming bull market.You can hold your bitcoins anytime you see fit with a mandatory condition that you have money to use and never have to sell your bitcoin because of money need.
Taking profit can be done in one cycle or through different cycles as your DCA exits. Read the topic from JayJuanGee in the OP for more understanding about his idea with support from a tool built by bitmover.
To put it all in summary, don't be greedy with your bitcoin investment, and set your withdrawal price at an ATH that is easily achievable. You should also sell at a price that is comfortable for you, little by little, and don't hold out for a longer time in an attempt to make more profits because you never know when the price of bitcoin may reach its peak during a bull run. Thus, be realistic and set a moderate price level that bitcoin can reach throughout the upcoming bull market.I think not everyone who buys Bitcoin immediately opens a sell order at a certain price because currently many buy Bitcoin and prefer to keep it in their wallet for a very long time because they realize that Bitcoin has the potential to become very expensive in the next few years when supply owned has reached the maximum.
I think not everyone who buys Bitcoin immediately opens a sell order at a certain price because currently many buy Bitcoin and prefer to keep it in their wallet for a very long time because they realize that Bitcoin has the potential to become very expensive in the next few years when supply owned has reached the maximum.Well, what you say is true because currently many people prefer to keep bitcoin for a very long time because they have seen the potential that bitcoin has which can return to high prices, so there are many people who state that bitcoin can be used as a for long-term investment so not many people want to sell bitcoin quickly after buying it.
Well, what you say is true because currently many people prefer to keep bitcoin for a very long time because they have seen the potential that bitcoin has which can return to high prices, so there are many people who state that bitcoin can be used as a for long-term investment so not many people want to sell bitcoin quickly after buying it.As you said, Bitcoin is indeed suitable for long term storage, but it all depends on the economic conditions of the person doing it, because so far it is possible that if you have a job in the real world and you have other work from this forum or other then you save the results from what what you have done, but if your financial condition is unstable then I am sure you will sell it when you get a profit.
We have more of short term holders than long-term holders. There are some people who are buying now because they have seen that the price of bitcoin has the potential to rise to 100k and above, and that is why they are buying now so that they can sell at 100k price and above. Also some investors have this idea of buying at the dip a d selling at ATH, which such investors only invest for four years because they have not understand the compounding value power of bitcoin. I will sell only 30% of my bitcoin portfolio, and hodli the rest for the next circle.Well, what you say is true because currently many people prefer to keep bitcoin for a very long time because they have seen the potential that bitcoin has which can return to high prices, so there are many people who state that bitcoin can be used as a for long-term investment so not many people want to sell bitcoin quickly after buying it.As you said, Bitcoin is indeed suitable for long term storage, but it all depends on the economic conditions of the person doing it, because so far it is possible that if you have a job in the real world and you have other work from this forum or other then you save the results from what what you have done, but if your financial condition is unstable then I am sure you will sell it when you get a profit.
The price has broken the past ATH. It has reached $70K in CMC. But now, the price is dropping quite small into $68.5k.We have more of short term holders than long-term holders. There are some people who are buying now because they have seen that the price of bitcoin has the potential to rise to 100k and above, and that is why they are buying now so that they can sell at 100k price and above. Also some investors have this idea of buying at the dip a d selling at ATH, which such investors only invest for four years because they have not understand the compounding value power of bitcoin. I will sell only 30% of my bitcoin portfolio, and hodli the rest for the next circle.Well, what you say is true because currently many people prefer to keep bitcoin for a very long time because they have seen the potential that bitcoin has which can return to high prices, so there are many people who state that bitcoin can be used as a for long-term investment so not many people want to sell bitcoin quickly after buying it.As you said, Bitcoin is indeed suitable for long term storage, but it all depends on the economic conditions of the person doing it, because so far it is possible that if you have a job in the real world and you have other work from this forum or other then you save the results from what what you have done, but if your financial condition is unstable then I am sure you will sell it when you get a profit.
The price has broken the past ATH. It has reached $70K in CMC. But now, the price is dropping quite small into $68.5k.Coinmarketcap use an averaged price from some exchanges in their price calculation formula to get a price for Bitcoin. That ATH is not too impressive and we shortly see pull back, not only once but two times. It will play as a strong resistance for Bitcoin before it strongly breaks out from there.
Not sure it will be at that rate for long time or will probably be down again to reach higher price. But, we know that many new investors may become more enthusiast to buy omore BTC because of this current rising.
In fact, if we look at the various cycles so far, this is not yet a halving and there is still a lot of potential for future increases. So, it won't stop here. In fact, we are expecting to see a new ATH every week. There are many predictions that BTC prices will skyrocket, but still, stay on track so we can invest as optimally as possible.We are witnessing a first cycle that Bitcoin can climb nearly to a past ATH and even mildly breaks above it, a first time ever in history.
A lot depends on how much btc you have and at what price did you pay for it.It is good to take profit partially in order to get initial capital back and keep it safely. Nothing to lose when taking profit especially it is to defend your initial capital. By this strategy, even if Bitcoin crashes to $10,000, there will still be profit, not losing anything.
If you purchased 2 coins in NOV 2022 at 16k each you now have two coins at 72k.
That would be 32k into 144k.
You can sell .5 and get 36k still hold your 1.5 btc
I can see that some did this which is why price is facing resistance.
I think we may soon have a bigger move up.With Bitcoin Spot ETF heating up the market, more capital will come in future, future supply will drop 1/2 after the halving, price must move up a lot.
As the people that got in at 16-17k will soon feel they shaved off enough. Once that happens we could jump up a lot more.They can hold to wait for higher prices after halving or partially take profit like above method which is not bad at all.
Agree with you, taking partial profit is good. It's the best way to secure some profit whenever the market falls down again. But not only that, it's also best to set your stop loss into breakeven so that your capital will be secured when there is a massive dump. It's usually happens in the market since there is a manipulation and the cryptocurrencies are volatile. Personally, when the price go up I moved my stop loss into breakeven and took a partial profit so that it will minimize the stress and helps you to wait patiently to hit at your desired price.A lot depends on how much btc you have and at what price did you pay for it.It is good to take profit partially in order to get initial capital back and keep it safely. Nothing to lose when taking profit especially it is to defend your initial capital. By this strategy, even if Bitcoin crashes to $10,000, there will still be profit, not losing anything.
If you purchased 2 coins in NOV 2022 at 16k each you now have two coins at 72k.
That would be 32k into 144k.
You can sell .5 and get 36k still hold your 1.5 btc
I can see that some did this which is why price is facing resistance.
After rising 6 months, it makes sense to have a correction and I am not surprised if it is a big one before Bitcoin soars more.
My recommendationsIn exact sense, a crypto trade should have a price at which they are going to sell their bitcoin holdings. If it is at $100k, they should hodl your bitcoin to it get to that price.
Don't try to find All time high, you can not predict it correctly and you will only know ATH of a cycle after you are already in a bear market.
Agree with you, taking partial profit is good. It's the best way to secure some profit whenever the market falls down again. But not only that, it's also best to set your stop loss into breakeven so that your capital will be secured when there is a massive dump. It's usually happens in the market since there is a manipulation and the cryptocurrencies are volatile. Personally, when the price go up I moved my stop loss into breakeven and took a partial profit so that it will minimize the stress and helps you to wait patiently to hit at your desired price.Dumps on a large scale usually occur after the halving, so when the halving is over, I prefer to sell all the assets I own and will come back again after the bearishness is over and entering the altcoin season which usually occurs after one year of the Bitcoin halving.
In exact sense, a crypto trade should have a price at which they are going to sell their bitcoin holdings. If it is at $100k, they should hodl your bitcoin to it get to that price.You only can do this if you invest or trade with your own money. No loan, no leverage, you can hold your bitcoin till your target price.
The mistake some traders always make is to have a way beyond price tag of bitcoin, thinking that bitcoin will reach $500k in this bull run. Whereby the last bull run wasn't close to their speculated price target of $500k, rather it was $69k, only close to $100k. However given an ATH of bitcoin in this bull run, the price of bitcoin is supposed to fall within the range of $100k-$150kThey usually lift up their target price and they don't understand about historic cycles and prices, ATHs of Bitcoin. It is understandable that in a bull run, when parabolic curve begins, Euphoria phase is reached, we will see many people predicts that Bitcoin will hits $1M, $10M in future like 2030, 2032, 2040. It triggers dreaming target price of newbies and they stuck at top of the market.
When the weekly Supply in Profit exceeds 95%, a 🟡 Alert appears on the chart. In the previous cycle, it took 173 days from the first signal to the peak of the cycle.
This relates to the question of why TradFi is so actively buying coins on the spot market.
Agree with you, taking partial profit is good. It's the best way to secure some profit whenever the market falls down again. But not only that, it's also best to set your stop loss into breakeven so that your capital will be secured when there is a massive dump. It's usually happens in the market since there is a manipulation and the cryptocurrencies are volatile. Personally, when the price go up I moved my stop loss into breakeven and took a partial profit so that it will minimize the stress and helps you to wait patiently to hit at your desired price.Taking profit as longer possible is very important in trading or investing, most of investor keep longer holding for long term although their investment have increasing higher price and raise up more than 30% profitable earn. I learn with my fatal mistake when loyal holder until my altcoin assets without get valuable yet, if has opportunity to take profit I will sell my coins more than 80% and priority for holding only 20% if get chance increasing more higher price in the future, but if price dropping not get much losses.
Last year, I was still preparing for the bull run because I didn't want to have any holdings when the run came. And most of my holdings are cryptos, and some are meme coins too. And only a few bitcoins I applied to DCA due to its lack of priority.As long as you apply the DCA method to buy bitcoin then it is a pretty smart choice, but when you buy meme coin to store it for a long time it seems like it will pose a very high risk for the growth of the assets you own.
And until now, I have continued dca because we are still in a declining period and we should take advantage of it so that our earnings will be good in the bull run that we are facing now.
I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.
DCA is the best way for those of us who don't have a lot of money to invest in crypto. because we can own assets by buying them in stages. but this does not apply to whales who have large amounts of money. Our business of owning crypto assets with DCA is quite good if we start doing it during the bearish season, and sell it when it is bullish.I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.
There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.DCA is the best way for those of us who don't have a lot of money to invest in crypto. because we can own assets by buying them in stages. but this does not apply to whales who have large amounts of money. Our business of owning crypto assets with DCA is quite good if we start doing it during the bearish season, and sell it when it is bullish.I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.
If you do have the funds or the money then you would really be definitely be considering on taking up some DCA but of course not all would really be thinking up but rather they would really be diversifying their portfolio as much as possible on which they do know that they cant be able to make up some good profits if they would really be just that focusing on Bitcoin and this is whyThere are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.DCA is the best way for those of us who don't have a lot of money to invest in crypto. because we can own assets by buying them in stages. but this does not apply to whales who have large amounts of money. Our business of owning crypto assets with DCA is quite good if we start doing it during the bearish season, and sell it when it is bullish.I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.
Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.
If you do have the funds or the money then you would really be definitely be considering on taking up some DCA but of course not all would really be thinking up but rather they would really be diversifying their portfolio as much as possible on which they do know that they cant be able to make up some good profits if they would really be just that focusing on Bitcoin and this is why
they would really be having that kind of approach on making their choices on other altcoins or even other memes or shitcoins out there with low caps because they are really that
considering or really that interested about on the multiplier that it gives.
This really taught me and reminded me of the experience of the past in the previous bullrun. And it's true, if our goal is to wait and reach ATH, this will be very risky. In fact, it turns out that because we are so greedy to achieve more and more ATH, without realizing it, suddenly the market has dropped very quickly towards bearish. and this is what I experienced in the previous bullrun. This hurts, doesn't it> Because I even thought that BTC would really reach at least $80k, but that hasn't happened. and various other altcoins too, are very slow to take profits, and in the end really regret it. This really gave me a lot of lessons. and I can't do this anymore now. It's better to set some price targets so that we can already make a profit of some percentage.
- Don't try to find All time high, you can not predict it correctly and you will only know ATH of a cycle after you are already in a bear market.
Do you think Bitcoin can't provide big enough profits too? maybe you can see the development of bitcoin prices from 2010 until now in 2024, in 14 years the price of bitcoin has experienced a very high price increase, imagine if you still had bitcoin from 2010 and you sold it this year, would you still consider bitcoin have no chance of making a sizable profit.Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.
If you do have the funds or the money then you would really be definitely be considering on taking up some DCA but of course not all would really be thinking up but rather they would really be diversifying their portfolio as much as possible on which they do know that they cant be able to make up some good profits if they would really be just that focusing on Bitcoin and this is why
they would really be having that kind of approach on making their choices on other altcoins or even other memes or shitcoins out there with low caps because they are really that
considering or really that interested about on the multiplier that it gives.
Do you think Bitcoin can't provide big enough profits too? maybe you can see the development of bitcoin prices from 2010 until now in 2024, in 14 years the price of bitcoin has experienced a very high price increase, imagine if you still had bitcoin from 2010 and you sold it this year, would you still consider bitcoin have no chance of making a sizable profit.
There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.People who plan buying gradually, they may choose DCA. I think it is a good way for the people who have limited funds. But if you have big funds, you can buy many Bitcoin at once. Yes, people who join signature campaign or do bounties, can buy Bitcoin gradually. We have no much money, so DCA can be a good idea.
Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.Diversification is okay, it raises the chance to take profits and minimizes the risks. However, not everyone wants to diversify their assets. Some people may invest their funds on Bitcoin or Ethereum only. But other people may invest in varied crypto coins. It may depend on the style of individual investment.
Exactly, by buying in stages we will be able to get a lot of profit because without us realizing it, the bitcoin assets we own have grown by a very large amount. Of course, we have to be able to record all the transactions we make in the market so that we don't make the wrong decision about what price we want to sell at.There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.People who plan buying gradually, they may choose DCA. I think it is a good way for the people who have limited funds. But if you have big funds, you can buy many Bitcoin at once. Yes, people who join signature campaign or do bounties, can buy Bitcoin gradually. We have no much money, so DCA can be a good idea.Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.Diversification is okay, it raises the chance to take profits and minimizes the risks. However, not everyone wants to diversify their assets. Some people may invest their funds on Bitcoin or Ethereum only. But other people may invest in varied crypto coins. It may depend on the style of individual investment.