Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Fancode09 on March 26, 2024, 10:06:26 AM
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
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If you are thinking about holding then you have to take risk first. Invest as much money as you can afford to lose. So if you want to invest you have to invest on your own logic, so currently Bitcoin market is bullish so you can be patient this time because there is a high possibility of Bitcoin price dumping when it starts in April 2024. So if the Bitcoin market is dumping you will take the investment opportunity. And till 2025 you will try to hold your investment.
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You can invest any amount that you can afford and once you put any amount then it does not means that it is enough because you can add more anytime according to your desires and according to the situations of your finance.
Keep investing and keep buying as you see that the market is going down so it depends on you that how much you want to invest and how longer you desire to keep your bitcoin as everyone plans for different value.
Don't buy when the price is higher but sometimes people have money and they have opportunity to invest in bitcoin so that opportunity should also not be avoided and then see towards the situations like currently there is a hope that halving will increase the price more so buying now is still beneficial.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
This is not exactly the case.
Bitcoin prices goes up and down all the time, it has cycles of bull and bear runs, so it's natural for some limits to exist.
Long term price is increasing but expect to have big crashes and crazy price swings.
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I would suggest you to go for DCA strategy as that's the best strategy for the newbies. Investing in Bitcoin has its perks and some drawbacks and that's why at first I recommend you to learn about Bitcoin and its wallets and when you're sure that you have learnt enough about it then you can start accumulating by following the DCA strategy. I'm very sure that with DCA strategy you'll end up making some good profits by investing in Bitcoin.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Until the bitcoin is sold retaining it has benefits. Bitcoin has no upper price limit and no set pricing structure. Bitcoin price is subject to fluctuations as it is influenced by the interplay between market supply and demand. When Bitcoin halts its value falls which boosts demand and pushes up the price of the cryptocurrency over forecast. Abrupt increases in the price of Bitcoin are observed during the Halving period. As a result holding Bitcoin until a crash happens is advantageous and it's crucial to monitor price fluctuations.
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Usually there are bearish and bullish where it determines the bitcoin cycle occurs, but it will not be too late because there is still a chance to invest in bitcoin even though the price has risen high even ATH.
Do not hesitate to hold this bitcoin only for the long term so you can also do your own research on how the market moves, and never put all the money in bitcoin because here it is too risky.
Strategies about investing in bitcoin do it the DCA way you can buy regularly once a week or once a month.
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BTC price doesn't increase all the time. When you're talking about investing strategy, the best time to buy is during bear markets. That's the time when price falls significantly and stays down over a long period. It's probably still good to buy some right now because it's projected to break the six-digits or by 2025.
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I would recommend holding for the long term because Bitcoin's value will continue to increase due to scarcity and demand. Trust the experts and keep studying the market but keep growing your investment 9of course only what you can afford to lose). trust dollar cost average or use an AI trading bot like R100K to maximize your profits. I did so and am at 173% profit right now. The trick is to diversify your portfolio as much as possible.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
In every market whether it's a forex market or crypto market, there are two types of season that exists, there is bull run season and there is a bear season. The bear season is the time when market is not going to give you any significant gains while the bull run gives you a good run of your money like we are experiencing right now.
What is the perfect time to buy any coin? It's during the bear season because things are usually cheap that time and you can get more profits in bull run but you can also buy during the bullrun but just that you might not have a significant profits like that when compare to bear market buy.
If you want to buy, you should buy understand that there is a risk involve in buying Bitcoin and you must make sure that the money you are investing is the money you can afford to lose.
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BTC price doesn't increase all the time. When you're talking about investing strategy, the best time to buy is during bear markets. That's the time when price falls significantly and stays down over a long period. It's probably still good to buy some right now because it's projected to break the six-digits or by 2025.
one of the right times to buy bitcoin is when the market is down drastically, and that has happened some time ago. Now the market is increasing again, but that doesn't mean we can't buy anymore, because there is still an opportunity.
But of course we also have to prepare for all the risks, especially if they are beginners who still panic easily when the market experiences a correction. Because like it or not, we will continue to see this in the market.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Currently, we are in an early bull market, where we will experience high pumps and little dumps. The best time to invest is in the bear market, where you have the opportunity to accumulate as many bitcoin that you want in a discount price. Whoever can buy enough Bitcoin by then is lucky, because he can hodli till the bull run. By then he would ha e made a lot of profit. However, should we keep waiting for the bear market to come NO. This is why anytime is the best time to buy as long as you have the funds on you because waiting is dangerous. Using DCA method is the best for a beginner that wants to build up his bitcoin portfolio to a significant amount and hodli, because it gives you the opportunity to buy bitcoin regularly either weekly or monthly, irrespective of bitcoin price.
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First, make sure you use money that you can afford to lose because investing in Bitcoin is a considerable risk.
You can get in when the Price really crashes or a lot of people start dumping Bitcoin.
Of course, you have to learn and monitor how the crypto market is doing at all times.
As long as you don't get FOMO and aren't affected by FUD, you can invest your money safely regardless of the price, the most important thing is the price target you want to achieve.
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What I recommend to you is very simple, if the price of bitcoin is below the last ATH, then don't think about it, buy, because the price of bitcoin will reach much more than $100k, then this is something we should do always consider.
If you are a novice, what I recommend is to buy and wait, if you are able to wait as long as is enough to see the benefits, then that is fine. If you want to trade, then it is delicate, because I recommend that you learn well, it is not good to trust yourself. In what many say out there, or academies, something like that, because what most are looking for is money, I always recommend for trading, before making it laugh, read books, especially from market speculators because they give clear examples of how The market works and how they operated.
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The best strategy is to understand what you are investing in and to learn how to do it the right way, everything else is more or less guesswork when it comes to price. Of course, there are better and worse times when you can invest your money, and without discouraging you, right now is not the best time if you only look at it from a profit perspective.
If you had asked that question 1 year ago or a little more, I would have told you that it was a great time because Bitcoin was practically at the bottom and was only worth a little more than $15 000 - today the numbers are several times higher and I think they speak for themselves.
However, if you believe in Bitcoin, it's never a bad time to start investing, because according to everything, a very interesting year awaits us ;)
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Currently, we are in an early bull market, where we will experience high pumps and little dumps. The best time to invest is in the bear market, where you have the opportunity to accumulate as many bitcoin that you want in a discount price. Whoever can buy enough Bitcoin by then is lucky, because he can hodli till the bull run. By then he would ha e made a lot of profit. However, should we keep waiting for the bear market to come NO. This is why anytime is the best time to buy as long as you have the funds on you because waiting is dangerous. Using DCA method is the best for a beginner that wants to build up his bitcoin portfolio to a significant amount and hodli, because it gives you the opportunity to buy bitcoin regularly either weekly or monthly, irrespective of bitcoin price.
Investing in Bitcoin DCA method is the best among all investment methods. Because if Bitcoin can be invested by following the DCA method, then of course buying Bitcoin will save a lot of money. And the price is regulated so that if the price of Bitcoin rises, you will see a share of Bitcoin from the beginning. Even if the price of Bitcoin is low, there will be less losses, which is why the DCA method is the best investment. And all investors are getting success by adopting this method.
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It is always acceptable and always safe for an investor to hold Bitcoin. Bitcoin price has increased considerably during this season but still you can hold your investment during this season if you want because holding is usually possible from any condition of Bitcoin price. But in this case you have to make sure which method you are holding. In long-term investment method, many people hold their investment while there are some investors who hold the investment for a short period of time and then sell it again. If you invest in long term plan and hold your investment for long time then I will tell you that you can invest now if you want and from now you can hold your investment in long term plan.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Of course there is, but it can not be guaranteed, you can analyze the past charts and just taking a calculator to calculate by how many percent bitcoin grew after each division, if we take the past divergence in the graph, we see that bitcoin has grown by 3 +- times, so at the end of this - early next year we can expect a price of about 200k.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
The price of bitcoin does not increase all the time. You saw it increasing maybe because you have just started to know about bitcoin. The price has been increasing since January 2023 till now but there are bear market time like 2018 and 2022 which did not favored holding at all.
Basically I want to know about investing strategy.
I think you can still go for DCA. You can begin the DCA when the price fall a little. I see that other people also advice you to use the strategy. It is a good strategy.
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I thank @all members for giving me right advice, I will definitely invest and keep my investment for long term as per your opinion. Many have expressed the opinion that there is a bull run of 2025, the start of this bull run will see the highest increase in the price of Bitcoin. So I definitely want to buy bitcoin with some of my cash and hold until 2025.
Now, what do you think I can live holding longer?
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Of course, there should be the time of the end of this bullrun season. Every bullrun season must end, then we will have bearish season again. In 2025, it is predicted that we have the peak of bullrun season and there will be the end at the same time. But we don't know the exact time, it can end up at Q3 or Q4 of 2025. I think it will be secure to take profits before Q3 of 2025. I personally will take profits of all my coins in the early of 2025 (Q1-Q2).
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Now, what do you think I can live holding longer?
Your question is vague, are you asking for what coin you can hold longer?
If so, you already answer your own question. Your plan to buy Bitcoin is the best thing to do especially if you are a newbie. You can also start learning more about Bitcoin so you can increase your knowledge while you are holding. You can explore more about it until you are satisfied or until you make a profit on your investment.
This is one of the strategies I know to keep off my attention on the price of Bitcoin as I know that newbie investors are often to watch their investment every time ;)
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Now, what do you think I can live holding longer?
Do you want to diversify on altcoins?
If that's what you're going to do then choose the top altcoins, ETH, BNB, SOL it could be a good recommendation, but do your own research.
But the main portfolio for you to hold is that Bitcoin will always have a larger amount of allocation, because it's a safer one for the long term.
Personally, I also still hold ETH and I believe it will be Bullish when Bitcoin is also bullish.
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I thank @all members for giving me right advice, I will definitely invest and keep my investment for long term as per your opinion. Many have expressed the opinion that there is a bull run of 2025, the start of this bull run will see the highest increase in the price of Bitcoin. So I definitely want to buy bitcoin with some of my cash and hold until 2025.
Regardless of the decision, I would recommend that you understand what the phrase "not your keys, not your coins" means, and that would mean that you choose a wallet wisely in which you will store what you buy. The worst option is to store your coins online (at a crypto exchange), and the best is to store them in an airgapped wallet.
You can make such a wallet yourself if you have an old computer from which you will remove all the components that have a wireless connection - or if it seems complicated to you, simply consider buying a hardware wallet. In any case, don't hesitate to ask before you do something, because every wrong step pays dearly.
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I would suggest you to go for DCA strategy as that's the best strategy for the newbies. Investing in Bitcoin has its perks and some drawbacks and that's why at first I recommend you to learn about Bitcoin and its wallets and when you're sure that you have learnt enough about it then you can start accumulating by following the DCA strategy. I'm very sure that with DCA strategy you'll end up making some good profits by investing in Bitcoin.
DCA is a good strategy to do, not just beginners in my opinion. More precisely, for lower middle class investors, whose funds are not large, they can buy bitcoin using the DCA system, starting during the bearish period. It lasts a long time and does not require large funds. If a large investor can buy with a large amount, if I as a small investor buy a little, that's called saving bitcoin.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
I don't think I can give financial advice to anyone, you should research the market carefully before investing. I will only present my point of view and approach, if you can refer to it, it is good, if not, keep fiat because you will not lose money.
From what I understand, the market has a 4-year cycle. The time when BTC reached ATH all cycle is 2013-2017-2021. If this repeats, BTC will peak in 2025, between May and November. This is also the time when I will closely monitor the market and place pre-orders for profit taking in both positive and negative cases.
You can also use Weekly EMA34 in the Sonic R indicator to track and take action. I consider the BTC price falling below Weekly EMA34 to be a bad signal for bullrun.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Did you mean the limit of Bitcoin price that is rising up so highly?
Yes, there is.
In crypto, there is a well-known cycle, named:
- Bearish era: a rising market
- Bullish era : a declining market
Completed source:
https://cointelegraph.com/learn/bull-vs-bear-crypto-market-what-is-the-difference-and-how-to-handle-both
Currently, market conditions are alternating between bearish to bullish, even for some coins, it has actually started to be Bullish. Like Bitcoin, it has already passed the ATH (all-time high) of last season's bull run. But this time, it happened before the halving. Oh yes, you also need to understand Bitcoin halving to know more about bull and bear markets, because usually there is a connection.
Completed source:
https://www.blockpit.io/blog/bitcoin-halving
So for now, it is possible that Bitcoin prices will rise again drastically after the Bitcon halving which will occur in April. Usually it will skyrocket higher. It's just that we don't know what Bitcoin's highest value will be, and when it will happen or end. So, you also have to keep checking the market if anything happens (don't panic).
So, if Bitcoin has reached its highest price (in the bullish era), then usually another cycle change will occur, namely the price of Bitcoin will crash (quite) drastically in the future. and in the end it will fall again many times from its highest price. So, if you want to take profits, do it before the market crashes in the next bearish era. Don't panic about various market conditions. monitor and follow news related to bullish and bearish eras, related to Bitcoin, and also related to altcoins. Without monitoring the news, you might miss the moment and this is quite risky for those of you who want to take profits in the bullish era. Learn more about bull and bear market eras in various sources.
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DCA or gradual purchase is a good strategy for those of you who want to hold or invest in Bitcoin for the long term. You can accumulate BTC every week or every month from setting aside your work salary. This is the entry strategy most often applied by many people (IMO), and historical data also shows that entry movements using the DCA method are quite promising for profits.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
The price of bitcoin doesn't increase all the time, rather it fluctuates up and down, making it have a volatile nature. Although there are times when it is expected that the crypto market will experience an uptrend and downtrend market situation. The market situation is divided into two parts namely bull run and bear market. The bull market is positive, and the bear market is a negative one. The best time to invest is during the bear market and hodl through the bull run.
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The price of bitcoin doesn't increase all the time, rather it fluctuates up and down, making it have a volatile nature. Although there are times when it is expected that the crypto market will experience an uptrend and downtrend market situation. The market situation is divided into two parts namely bull run and bear market. The bull market is positive, and the bear market is a negative one. The best time to invest is during the bear market and hodl through the bull run.
You're right. It won' increase forever, there should be up and down the price. It is the nature of crypto coins, the price will always fluctuate. The market will be always in 2 trends (bearish and bullish). When we are in the bullish season, the prices of all coins tend to increase. But in the bearish season, the price will tend to decrease constantly. Now, we are in the time that the market to have bullrun season.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
For now, there is still enough time to buy Bitcoin and hold it. Because the real bullish era probably hasn't happened yet and will happen a few months after the Bitcoin halving. If you want to hold it until the next bullish era, there is no harm in buying it now, even though the price is actually quite high. But I think there is still an opportunity to make a profit. So, just monitor the market in Q4 this year or early next year. Don't miss the moment to take profits, or you will regret it. because, after that, there will be a long bearish era. And that is actually a very good time to accumulate Bitcoin again from the start.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
There is still time for you to buy bitcoin because, in my opinion, it is still a good choice. Just apply the DAC to save bitcoin if you really believe in it.
Don't ask what season you will buy bitcoin, because if your plan is to hold it for 5–10 years, there is no reason to ask what season, but instead buy it now to save.
You will do that for the future, you see, right? That is the purpose of long-term investment in this field of crypto space.
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If you know you ready to hold bitcoin just not that you talking about a long-term investment, because holding Bitcoin for long would be more profitable, than holding for short-terms. There are various strategy when it come to investing in Bitcoin (hodl). So before thinking of holding you should know the various methods you can use in accumulating bitcoin.
*DCA (Dollar-cost averaging) : I will try to put it in a simple form , this is the purchasing of bitcoin at any price interval at a fixed time either monthly or weekly. With any fixed amount, you can even start with $10 , purchasing $10 worth of Bitcoin weekly irrespective of the price (either whe it's low or high) . Such method would be best for now as bitcoin price as increased. It also help to prevent bad timing .
*Lump-sum purchasing: this means going all in at once, purchasing with large of amount money at once inorder to have a good head start with your accumulation, expecially for those with good cashflow. But this time around I won't encourage such methods, because using such method this time around when there's increase in price won't be nice expecially for an individual that is only interested in short-term profit ( it would like his gambling with his money). But is the best when it come to buying the dip though when you have a good cashflow.
So I would advice you start with DCAing at first in your accumulation, set aside some money (like a reserved funds) to buy the dip , during the upcoming halving they would probably be a decrease in price . So you can use that opportunity to secure a good quantity for yourself with DCA and buying the dip , to hold for the upcoming bullrun , if you're the type that really believe in Bitcoin you can hold for like 4-5 years or even more than .and before I forget always DYOR (do your own research), before engaging in any form of investment.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
There is still time for you to buy bitcoin because, in my opinion, it is still a good choice. Just apply the DAC to save bitcoin if you really believe in it.
Don't ask what season you will buy bitcoin, because if your plan is to hold it for 5–10 years, there is no reason to ask what season, but instead buy it now to save.
You will do that for the future, you see, right? That is the purpose of long-term investment in this field of crypto space.
Of course buying Bitcoin is the best choice and Bitcoin can last up to 10 years and can even provide many benefits, all you need to do is buy Bitcoin and keep it for a very long time. Make sure you store it in an external wallet or maybe use a wallet like Electrum, don't store it on an exchange because there are many risks if you store assets on an exchange.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Only you can put limits on your holdings whenever you want to reap your profits. You can chose whether short term of long term holding. But long term investment is for me very profitable than short term due to the fact that you keep on holding the quantity of Bitcoins you have as we all know that price is increasing every four years.
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BTC Season will have an end at every moment, while at this moment, we don't know when BTC will stop printing its new ATH. What is certain is that as long as the halving has not occurred the bullish market will still continue... a sign that it will end is that a prolonged bearish market will not start and we will only realize that the BTC Season is over.
Guessing is the same as predicting, and I'm sure it can't be 100% accurate regarding what happens in the future.
Just like ATH, we will only know after the market experiences bearishness or correction... BTC Season will end after BTC prices experience bearishness and correction for a long time until there are no more green candlesticks that day.
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Since its launch, bitcoin has demonstrated incredible resiliency and the potential for long-term growth, but it is also susceptible to market cycles and volatility. There have been times when prices have increased quickly, followed by notable consolidation.
Basically I want to know about investing strategy how can I earn more on trading a btc to usdt
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Re: I am a newbie so I want to know what season I can hold bitcoin.
Anytime except for the bull run season is a good time to hold Bitcoin.
If you want to become profitable in investing into Bitcoin, just follow these 3 steps.
1. Buy during the bear market.
2. Continue to accumulate for the next 2 years.
3. When we are in a bull market, sell all of your holdings depending on your price targets.
We've seen the crypto market having a 4-year cycle twice already. 2017 and 2021 are the year where the market is in the bull run. 2018 and 2022 are the years where we've seen the market going down significantly. If it follows the cycle, we might see Bitcoin peaking up to it's price in 2025, and we will see it entering the bear market in 2026. Now to answer your question, anytime can be a good time to hold Bitcoin except the bull run season because that's the perfect time to sell your Bitcoin that you held for a long time.
Good Luck OP, and I hope you will get profit this bull run season. :)
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Try to learn more about bitcoin first, understand the reason for the creation of bitcoin and know why you should hold bitcoin, then seek for more knowledge on the types of wallets you can use, then learn on how to invest and when to invest, this can be done by starting to learn the market speculations on bitcoin price over the years, then know the current season we are into and have a target for when the market is low in other for you to buy the dip and hold till the market rises.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
There is no limit for individuals on how long and how much we can hold onto Bitcoin. The only limit that it has got is with its supply. Why I am saying that there is no limit for holding bitcoin. Because look at how much the institutions are investing on it and I doubt that majority of the individuals here have got billions of dollars just like the institutions that are continually accumulating bitcoins.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
You should learn risk management, I have a good video for you, In this video the person will teach you how you can maximize your profit but that's what everyone wants, no one wants to make strategies to take their losses to a minimum. He explains it well in the video and gives us some idea of how we should approach in any kind of market situation. I know the technique he shared is for day traders, but you can use it even if you are into holding.
I am holding funds and I find this technique good enough. Besides, you should learn some strategies on your own, and should build a profit booking scheme as well, because without one all of your funds are at risk.
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Basically I want to know about investing strategy.
I think you can still go for DCA. You can begin the DCA when the price fall a little. I see that other people also advice you to use the strategy. It is a good strategy.
People don't know what op wants let say, if he is aiming at short term investment.
What is his projection or how long does he wanna hold in terms of bitcoin investment, since we can't really predicts the investment strategies of newbies. Sometimes they can be influenced by the market structure or what they sees in the market.
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Basically I want to know about investing strategy.
I think you can still go for DCA. You can begin the DCA when the price fall a little. I see that other people also advice you to use the strategy. It is a good strategy.
People don't know what op wants let say, if he is aiming at short term investment.
What is his projection or how long does he wanna hold in terms of bitcoin investment, since we can't really predicts the investment strategies of newbies. Sometimes they can be influenced by the market structure or what they sees in the market.
When the objective is short term, then things can be very different, because I know that in the long term bitcoin can give the best benefits in the world, in fact the best thing in the world is to buy bitcoin to be able to have enough money, however we are person who is always looking for money and sometimes it is better to have it quickly, but you have to be patient, at least with bitcoin you can buy and wait a long time to see the benefits, in these moments it is good to buy because it may be that we are already in a buillish rally slow, but there is, according to what I have read, bitcoin can reach and take a leap even to $200k, it is not bad at all, so it is possible, I am very optimistic, I cannot deny that I love bitcoin, and that this scenario It is very possible, if so, it does not hurt to buy because if it does not go up in 2024, then it will go up in 2025 due to all the remaining events, the halving, and also the ETF effect.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
As BTC price rises, it also falls during correction periods or bear runs, if you want to buy BTC because you think the price will just continue to rise, then you are wrong and must be ready for the up and down movement in the price. However, if you want to store BTC, you have to be patient, the long term is less risky and it is profitable, day traders and short term investors bear more risk than long term investors.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
There is both pumping and dumping in the Bitcoin market. There is and will be volatility in the market. I think there may be some dumping before bitcoin market halving you can wait for that dumping market if you can buy and hold bitcoin from dumping before or after bitcoin halving then you can profit from bitcoin when the coming bull market. To learn investment strategy you have to go with the investment If you can go with the investment then you can learn investment strategy very quickly.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
We are at crazy market now meaning we need to bear with it in this case risk is there but since like you said bitcoin keeps increasing so there is nothing for you to be afraid?
and like also you said that it is for long term so what hinders you to invest if you are true to that word?
not unless you are just here to create a long lasting topic to increase your post history and your activities and ranks? long term holding meaning you care nothing about the starting price because what you are aiming is the future value , when you said you know that bitcoin increasing all the time means after this price it will surely grow again.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
I guess you have got the most correct answer by now. But, I will share my knowledge about Bitcoin. It's not like the Bitcoin price will go up all the time. It is too volatile compared to most other investment assets. Your 10000 Dollars could become only a thousand dollars if you invest at the wrong time. You never know which one is the good time and which one is the bad time. But bull runs are mostly a bad time to invest in Bitcoin. Yet, you will see that a lot of people invest during the bull run.
There are no specific seasons for BTC only. But you should be more careful during the bull run. If you want to invest, wait for the bear market. But, the problem is, you never know when the bear market will come. So, better strategy is following DCA method to invest.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
I guess you have got the most correct answer by now. But, I will share my knowledge about Bitcoin. It's not like the Bitcoin price will go up all the time. It is too volatile compared to most other investment assets. Your 10000 Dollars could become only a thousand dollars if you invest at the wrong time. You never know which one is the good time and which one is the bad time. But bull runs are mostly a bad time to invest in Bitcoin. Yet, you will see that a lot of people invest during the bull run.
There are no specific seasons for BTC only. But you should be more careful during the bull run. If you want to invest, wait for the bear market. But, the problem is, you never know when the bear market will come. So, better strategy is following DCA method to invest.
DCA is a good strategy, but it is more appropriate to start DCA during the fish season. If you ask when is bearish, the answer is after bullish it is likely that in 2026 we will see a bearish season. I will also buy more bitcoin ethereum and some potential altcoins during this, bearish season.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
I guess you have got the most correct answer by now. But, I will share my knowledge about Bitcoin. It's not like the Bitcoin price will go up all the time. It is too volatile compared to most other investment assets. Your 10000 Dollars could become only a thousand dollars if you invest at the wrong time. You never know which one is the good time and which one is the bad time. But bull runs are mostly a bad time to invest in Bitcoin. Yet, you will see that a lot of people invest during the bull run.
There are no specific seasons for BTC only. But you should be more careful during the bull run. If you want to invest, wait for the bear market. But, the problem is, you never know when the bear market will come. So, better strategy is following DCA method to invest.
DCA is a good strategy, but it is more appropriate to start DCA during the fish season. If you ask when is bearish, the answer is after bullish it is likely that in 2026 we will see a bearish season. I will also buy more bitcoin ethereum and some potential altcoins during this, bearish season.
When it comes to forecasting the future of Bitcoin, there are numerous things to consider, and it is impossible to say for certain what will happen because these factors can occasionally yield a completely different result than the prior results or patterns we were aware of. However, there are some markers that can provide some insight. One indicator is known as the "halving cycle," which is based on the fact that the number of new Bitcoins issued is slashed in half every four years. This has traditionally been followed by a bull market. Another indicator is "Hash Ribbons," which examines the correlation between Bitcoin's mining difficulty and price. These are pretty good indicators to provide you a clue on what direction Bitcoin price might decide to take.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Bitcoin will constantly rise and fall, this is the cyclical rule of Bitcoin. You can purchase and hold Bitcoins as per your plan during this period. Many of these strategies may or may not be useful to you. You can choose the right time to invest in Bitcoin and you can buy Bitcoin according to your budget and hold for a certain season. But I think Bitcoin will most likely not dump before the Bitcoin halving or even if it does, it will never go below $50,000. So if you have enough desire to invest then you can choose this period and you can do long term holding.
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DCA is a good strategy, but it is more appropriate to start DCA during the fish season. If you ask when is bearish, the answer is after bullish it is likely that in 2026 we will see a bearish season. I will also buy more bitcoin ethereum and some potential altcoins during this, bearish season.
I haven't heard about fish season yet. But I understood what you meant by that. I don't know when the bear market is going to come. Everything has changed after the ETF approval, and Bitcoin changed its historical pattern as well. As you know, it didn't follow the previous pattern, which is why it's become kind of unpredictable.
So, if someone wants to DCA, go forward and start doing it today. You can increase the budget during the dip market and decrease the budget when it's pumping. But, continuously buying is a good idea which is called DCA.
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DCA method is most popular among every investor, because average price control is very effective in Bitcoin investment. As you buy more bitcoins and adjust the purchase levels in different increments because buy in the deep market. If you buy $200 worth of bitcoins and place five to six orders on it, you will definitely save 5 to 10% and definitely get more in terms of bitcoin digits. So start participating in Bitcoin investment with regular DCA method fast and keep growing your portfolio.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
- If you are really interested, you will not hesitate to buy Bitcoin immediately if you discover or know what it has in this field of the business industry.
Even if you don't ask, just look at the history of bitcoin since it was created, and you will immediately see the answer to your question, mate.
So what strategy do you want to know? Because if strategy is what you want, you should learn trading in this field of Bitcoin. And as you study it, you will be able to create strategies for things that you yourself realize are creating strategies in that situation.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Honest truth, the best time to invest in bitcoin is during the bear season, cus this is usually when the price goes down to its lowest, people who buy or invest in bitcoin during the bear season and hold it through to the bull season (like we are about to enter now) without selling; are usually the ones who win and make the most profit from their bitcoin investment.
During a bear season, to acquire a lot of bitcoin or as much as you can afford, it's important to create a buying plan, depending on how you get income, for example, if you are someone who earns weekly, you can create a plan to dedicate a certain percentage of your weekly income to buying bitcoin, same thing as well if you are earning monthly.
And also important to apply the dca strategy.
Overall, if you are really new and haven't bought any bitcoin yet, it's not too late to get in, we are yet to see the major bull run that is coming, so buying now is still good enough to make good profit in the coming months through first quarter of 2025.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
I think you can follow DCA strategy, i think it is the best and safe strategy to invest on cryptocurrency. DCA is Dollar cost average when bitcoin price will dump then you have to buy, every dump have to buy then when bitcoin price will increase then it have to buy. When bitcoin price will increase then sell it. I think following this strategy anyone can profit monwy from cryptocurrency market.
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there is no limit to when you will invest, now is the right time to enter when the market is experiencing a correction, and the price is below the new and old ATH, just be patient to get even bigger profits in this year's bullrun
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Same as me but I'd rather ask in the community or ask more on the altcoinstalks forum, as it would be good for the OP to make a thread like this.
I believe in Bitcoin because Bitcoin is the first cryptocurrency that has its own characteristics, I am not yet interested in various altcoins because I also don't fully understand Bitcoin.
Unfortunately, I know that Bitcoin is already very expensive and I can't afford even 0.001 and tend to only look at the Bitcoin market which continues to rise and is green.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
I think you can follow DCA strategy, i think it is the best and safe strategy to invest on cryptocurrency.
the rising strategy now DCAing , but it is not as easy as many think off, because this is still risky and needs a focus to succeed.
but once you mastered this DCA? yeah you will earn little by little.
DCA is Dollar cost average when bitcoin price will dump then you have to buy, every dump have to buy then when bitcoin price will increase then it have to buy. When bitcoin price will increase then sell it. I think following this strategy anyone can profit monwy from cryptocurrency market.
maybe we need to give Him a constant advise and example and not just normal posting like this.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
First of all you have to decide that do you want the daily profit or at the long term huge.
Because there are two strategies one is short term trading we are also known it as by day trading. And the another one is long term trading here the holding period will be on your strategy like you can hold for 1 year half year or 10 year or five year it's really up to you.
Now if I talk about day trading or short term trading then before jumping into it you have to know that technical analysis and fundamental analysis. And if you have much knowledge about technical analysis then you can take a long term strategy with the dca management.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
I guess you have got the most correct answer by now. But, I will share my knowledge about Bitcoin. It's not like the Bitcoin price will go up all the time. It is too volatile compared to most other investment assets. Your 10000 Dollars could become only a thousand dollars if you invest at the wrong time. You never know which one is the good time and which one is the bad time. But bull runs are mostly a bad time to invest in Bitcoin. Yet, you will see that a lot of people invest during the bull run.
There are no specific seasons for BTC only. But you should be more careful during the bull run. If you want to invest, wait for the bear market. But, the problem is, you never know when the bear market will come. So, better strategy is following DCA method to invest.
DCA is a good strategy, but it is more appropriate to start DCA during the fish season. If you ask when is bearish, the answer is after bullish it is likely that in 2026 we will see a bearish season. I will also buy more bitcoin ethereum and some potential altcoins during this, bearish season.
The bear season is the best time to hoard Bitcoin because it's practically the time when you get big values in your Bitcoin when you buy. But I don't know about the specific time that the bear season is going to brace us with it's presence again but am quite sure that we are going to see a bull after this much expected bull run that's is coming after the halving. In the crypto space now, I think Bitcoin is probably the most reputable coin that anyone should plan on holding and although now may not seem like a good time to buy but strong and long term holder are still buying especially investors that have plans on selling when Bitcoin reaches $200k
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You can hold it anytime you want, there isn't really anything that stops you from doing that right now even. I get that some people may feel like there are some missing stuff and there are other times, but right now is the best time if that's what you are asking. People are excited about the potential of the bull run coming with this, and that's why I believe that we are going to end up with a greater return for sure. The upcoming 1 year should be a bull year and the price could as high as 100k or even higher. That means there are very few assets in the entire world that can outearn bitcoin investment.
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The bear season is the best time to hoard Bitcoin because it's practically the time when you get big values in your Bitcoin when you buy. But I don't know about the specific time that the bear season is going to brace us with it's presence again but am quite sure that we are going to see a bull after this much expected bull run that's is coming after the halving. In the crypto space now, I think Bitcoin is probably the most reputable coin that anyone should plan on holding and although now may not seem like a good time to buy but strong and long term holder are still buying especially investors that have plans on selling when Bitcoin reaches $200k
Are you talking about microstrategy or other large institutions??? I think they are quite mysterious about the steps they will take... and also they never definitely said about their plans to the public, this is what makes me think that anyone can sell bitcoin on a large scale at a price of $ 100k which causes obstacles bullish.
We don't know what whales or big institutions are planning, but we have to keep trying to use our respective strategies so we can still get big profits during the bullish market after this year's halving.
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there is no limit to when you will invest, now is the right time to enter when the market is experiencing a correction, and the price is below the new and old ATH, just be patient to get even bigger profits in this year's bullrun
There should be a time to stop buying coins. It is untrue if we have no limit. When the prices of many coins have reached the peak, it is a bad idea to continue buying coins. But for the current time, I think many coins still don't reach the peak, many of them are far from the ATH. This indicates it is not late to buy coins, but we must take a research about which coins probably can reach its new ATH. So, don't buy random coins, choose the most potential coins only.
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There should be a time to stop buying coins. It is untrue if we have no limit. When the prices of many coins have reached the peak, it is a bad idea to continue buying coins. But for the current time, I think many coins still don't reach the peak, many of them are far from the ATH. This indicates it is not late to buy coins, but we must take a research about which coins probably can reach its new ATH. So, don't buy random coins, choose the most potential coins only.
I agree with you as well. Someone should not buy unlimited. If we continue to buy during the bull run and never cash our profits, then we will be at a loss anytime soon. However, whales may continue to buy if they want because they do not plan to sell anytime soon. We as individuals do not plan to hold them till we die.
So, it's better to stop buying when the price is too high. Individuals should buy more during the bear season and take some profit during the bull run. But when it comes to earn in crypto, you can always save some of your earnings for the future.
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there is no limit to when you will invest, now is the right time to enter when the market is experiencing a correction, and the price is below the new and old ATH, just be patient to get even bigger profits in this year's bullrun
There should be a time to stop buying coins. It is untrue if we have no limit. When the prices of many coins have reached the peak, it is a bad idea to continue buying coins. But for the current time, I think many coins still don't reach the peak, many of them are far from the ATH. This indicates it is not late to buy coins, but we must take a research about which coins probably can reach its new ATH. So, don't buy random coins, choose the most potential coins only.
We should do research first before buying coins because many coins seem stuck over the last few years, buy coins that we feel still have the potential to rise. My suggestion is that we can buy coins that are at the top of the coins, they have the potential to touch a new ATH.
Bitcoin has already touched ATH, but I think bitcoin will make a new ATH record at $100K more
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The best investment strategy I'd recommend for you is the DCA strategy. DCA means Dollar cost Average. This strategy helps you to spread out your investment over a specific period of time, rather than putting in all your money all at once, this helps you to acquire more bitcoin overtime, it could be on a daily, weekly or monthly basis, depending on your income flow.
When you invest a fixed amount of money at regular intervals, you'll be able to avoid timing the market, which is often the biggest mistake most investors do, and you can equally benefit from the long term growth of Bitcoin without worrying about losing all your asset to a DIP.
Let's say for instance, you choose to DCA $100 every month for a year, you'll end up buying more bitcoin when the price was relatively low and buy lesser when the price is higher which gives you more advantage than trying to time the best time to buy bitcoin.
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there is no limit to when you will invest, now is the right time to enter when the market is experiencing a correction, and the price is below the new and old ATH, just be patient to get even bigger profits in this year's bullrun
There should be a time to stop buying coins. It is untrue if we have no limit. When the prices of many coins have reached the peak, it is a bad idea to continue buying coins. But for the current time, I think many coins still don't reach the peak, many of them are far from the ATH. This indicates it is not late to buy coins, but we must take a research about which coins probably can reach its new ATH. So, don't buy random coins, choose the most potential coins only.
We should do research first before buying coins because many coins seem stuck over the last few years, buy coins that we feel still have the potential to rise. My suggestion is that we can buy coins that are at the top of the coins, they have the potential to touch a new ATH.
Bitcoin has already touched ATH, but I think bitcoin will make a new ATH record at $100K more
Of course we have to do research before we buy assets to put in our portfolio. We are not advised to buy carelessly because it is very risky for ourselves. There are many things we have to analyze before we buy, this will allow us to minimize things we don't want.
Maybe we won't lose money, but we have to wait 2 times longer for example, that will certainly be annoying for us because we have to wait 2 times longer than we should.
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Of course we have to do research before we buy assets to put in our portfolio. We are not advised to buy carelessly because it is very risky for ourselves. There are many things we have to analyze before we buy, this will allow us to minimize things we don't want.
Doing research is a must, investing in crypto is a serious matter. Sure, crypto investment is categorized as a high risk investment, not everyone can do this. If we have no ability in analyzing it, it is better to stay away from crypto investment, including investing in Bitcoin. Even if Bitcoin is safer than any other crypto coins but it doesn't guarantee for profits. The time for entry and exit will determine whether we will have profits or we get losses.
Maybe we won't lose money, but we have to wait 2 times longer for example, that will certainly be annoying for us because we have to wait 2 times longer than we should.
I don't get your point. However, losing money in crypto investment is something possible. Holding for short time or long time, it depends on your target.
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We should do research first before buying coins because many coins seem stuck over the last few years, buy coins that we feel still have the potential to rise. My suggestion is that we can buy coins that are at the top of the coins, they have the potential to touch a new ATH.
Bitcoin has already touched ATH, but I think bitcoin will make a new ATH record at $100K more
Doing research is the most important thing do while involving oneself into bitcoin or in any altcoin investment, especially all these newly hype coin because when you invest without doing research one could lose his investment. Bitcoin might likely go above $100k some people already speculated bitcoin to reached $500k.
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Of course we have to do research before we buy assets to put in our portfolio. We are not advised to buy carelessly because it is very risky for ourselves. There are many things we have to analyze before we buy, this will allow us to minimize things we don't want.
Maybe we won't lose money, but we have to wait 2 times longer for example, that will certainly be annoying for us because we have to wait 2 times longer than we should.
You are right, we have to do research and analysis about the coins we are going to buy. As you said, perhaps a potential and popular coin, we have nothing to lose but the possibility of getting caught in a high price will make us have to hold it for a long period of time.
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You are right, we have to do research and analysis about the coins we are going to buy. As you said, perhaps a potential and popular coin, we have nothing to lose but the possibility of getting caught in a high price will make us have to hold it for a long period of time.
Whenever we want to buy coins, research is always needed. It makes sure that we will buy the right coins. Although we want to buy top coins, we don't buy carelessly. We need to check the current issues on the coins, make sure they have no bad issues. If there is issue like having a problem with SEC, it is better to stay away from the coins. This will possibly drop the value/price of the coin significantly in the future.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Do it now. What season are you waiting for? If you have the opportunity to buy bitcoin or crypto, then if you have the opportunity to do so, you should be doing it already. Also, investors should know how to do research first; don't simply believe or get carried away by the hype of what some acquaintances or famous people say.
It's still important to be careful, and you should also choose the top altcoins to buy and not the ones you've just heard or heard from a well-known person or influencer.
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Maybe we won't lose money, but we have to wait 2 times longer for example, that will certainly be annoying for us because we have to wait 2 times longer than we should.
I don't get your point. However, losing money in crypto investment is something possible. Holding for short time or long time, it depends on your target.
Let me explain again. For example, we buy bitcoin during ATH, then the price drops to tens of thousands like some time ago. From there we have to wait longer until bitcoin touches our purchase price and reaches a new ATH to make us profitable. This is what I mean by having to wait 2 times longer.
We don't really lose as long as we don't sell the bitcoins we have when the price drops. We can still make a profit with notes like I said before.
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You can buy Bitcoin now as the price is lower than all the time higher worth and there is a possibility that the price will be maximum after Bitcoin halving which means that you should buy now and then wait for its price to touch 100k$ or more than this.
Don't buy at a higher cost because it will become risky for you so take the risk now and see what will happen after the halving event. If you have the ability to hold Bitcoin then use that amount which you don't need for other works and choose some value at which you will sell your Bitcoin because sometimes people wait so much that all the opportunities which come into the way are missed by them.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
You can invest on bitcoin in any time there is not strategy to invest on bitcoin but if you want to minimize your risk then you can use DCA method. it can minimize your risk. because DCA strategy Because using the DCA strategy you don't have to invest large amounts at once, you keep investing in Bitcoins at different prices, so your risk will be reduced. But you must think of long term investment as you cannot get short term potential profit from Bitcoin.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
At first many many thanks for your decision to hold Bitcoin. I also think investment on Bitcoin is best and it will be profitable today or tomorrow.
I think to invest on Bitcoin DCA strategy is best strategy. If anyone want to invest on bitcoin he can follow DCA strategy it is best strategy.
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You are right, anyone who has large amounts of money can manipulate the market, but of course they are huge sums, I would say millions of dollars to be able to make an important Movement , of course the whales, the institutions and everything that has to do with Institutions that are of great renown so that they can make a difference, even when a good Moment is Achieved , this makes many people in the world sign a movement, buy or sell according to what many balls have planned, in this case things can be very different Because when we look for more money, market movements can give us surprises. Large companies like Microstrategi are very Focused on Bitcoin and that is why they have a large investment. They believe that all of this is what Moves the Market.
Not only with any one has much money but also any one get more interaction easily manipulate the market by sharing potential bad news and make holder get panic for selling their assets. Whales easily make market dump or pump depend on their decision although with current market correction or pump just in short time.
I can't forget with several moment whales make bitcoin dump drastically after sharing bad news although most of their news publishing not accurate yet, many trader or investor get easily panic moment without make research yet the bad news sharing is accurate or fake. I think is strategies from whales how to earn benefit position when some people panic for selling their assets and whales have chance buy back with lower price.
Well, I have a belief that I learned a long time ago, also by reading some brochures, but when there is bad news or news everyone sells and that is something natural, it is what produces emcoins, but if we look at it from the most logically, and thinking with a certain malice, sometimes the news is generated by the whales themselves, and it is because it is convenient for them to generate the news so that the weak hands sell bitcoin cheap, and can buy, so sometimes I say, Bad news = buy, good news = sell, and what? because? For the same reason, whales want to sell, and what better way than to generate very good news so that people's money increases and they buy high while selling little by little.
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At first many many thanks for your decision to hold Bitcoin. I also think investment on Bitcoin is best and it will be profitable today or tomorrow.
I think to invest on Bitcoin DCA strategy is best strategy. If anyone want to invest on bitcoin he can follow DCA strategy it is best strategy.
I don't understand the reason why you are thanking him when what he is doing is only going to benefit him and not you or anyone else. ::)
And, when you suggest something to someone who has asked to learn, you are supposed to explain it as well. You suggested the DCA method but you didn't explain what it means. I know that he is supposed to do his research as well but at least give him a general idea about it.
DCA stands for Dollar Cost Averaging, and it is a method where a person buys an asset with a specified percentage of their capital regardless of the price of that asset. So if you are buying $100 worth of Bitcoin every month regardless of what it's price is, you are following the DCA method.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
At first many many thanks for your decision to hold Bitcoin. I also think investment on Bitcoin is best and it will be profitable today or tomorrow.
I think to invest on Bitcoin DCA strategy is best strategy. If anyone want to invest on bitcoin he can follow DCA strategy it is best strategy.
The DCA strategy is very good because it is usually bought like this if the price is very High , but you have to consider something, if a possible war between Iran and Israel is formed right now, things can change a lot for the market whenever there is a fundamental like this Well, things with bitcoin can lead to a lot of panic among investors, and that can cause the price to go down, which is not so bad because you can buy much more bitcoin and Cheaper, then in this order of ideas things can Manifest that it is a good option to buy, I assume that if the price is below the last ATH it is time to buy, and to buy well.
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The DCA strategy is very good because it is usually bought like this if the price is very High , but you have to consider something, if a possible war between Iran and Israel is formed right now, things can change a lot for the market whenever there is a fundamental like this Well, things with bitcoin can lead to a lot of panic among investors, and that can cause the price to go down, which is not so bad because you can buy much more bitcoin and Cheaper, then in this order of ideas things can Manifest that it is a good option to buy, I assume that if the price is below the last ATH it is time to buy, and to buy well.
If you have the confidence to buy bitcoin because the price is still below the last ATH, that's good. Because to be honest, I don't have the free funds to do it. Because I am focusing on several potential altcoins, as a collection to organize bullishness next year.
The DCA method is good, but it is better when it is bearish, because we can buy bitcoin at a cheaper price
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You can hodl bitcoin at any time, whether at the bearish or bull run market. What matters most at the mentioned season is, are your seed phrase is kept in a safe place, whether are you applying a DCA strategy, investing with spare money, have a long-term investment plan, and have your crypto assets stored on exchanges rather than on the crypto wallet you have the seed phrase to.
If you can do all these mentioned, I believe you will not be bothered by when exactly suits an investor to hodl bitcoin because they can hodl it at any time they feel like
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If you have the confidence to buy bitcoin because the price is still below the last ATH, that's good. Because to be honest, I don't have the free funds to do it. Because I am focusing on several potential altcoins, as a collection to organize bullishness next year.
The DCA method is good, but it is better when it is bearish, because we can buy bitcoin at a cheaper price
It's true, the DCA method will provide a lot of profit when we understand how to make a profit from this method. But if they don't understand how to trade properly and correctly, it will be difficult to make a profit. When you focus on altcoins that have potential, that's your choice because it doesn't matter. all altcoins provide profits.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
At first many many thanks for your decision to hold Bitcoin. I also think investment on Bitcoin is best and it will be profitable today or tomorrow.
I think to invest on Bitcoin DCA strategy is best strategy. If anyone want to invest on bitcoin he can follow DCA strategy it is best strategy.
- You know we're just talking real, mate. In terms of getting profit in bitcoin, it's really proven and tested. If the intention is to get big earnings here, it is really good that we focus on buying bitcoin if you are capable of buying at least more than one bitcoin.
Because if we can't afford to buy at least one bitcoin, I don't think we'll be able to earn a lot of money, especially if our accumulated holdings of bitcoin don't reach 0.1 btc. It's better to allocate it to those top altcoins that have a high chance that our capital will return more than 10x times.
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The current state of the Bitcoin market is that it has definitely been halved but the price of Bitcoin is still normal. But it is better to invest in Bitcoin from the present time, if you want to invest for a long time then definitely adopt the DCA method. The DCA method is the best when it comes to Bitcoin investing, because you buy and hold over and over again with small amounts of money. After continuing your holdings like this for a long time, your portfolio will surely grow and you will realize yourself as a successful investor.
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The DCA strategy is very good because it is usually bought like this if the price is very High , but you have to consider something, if a possible war between Iran and Israel is formed right now, things can change a lot for the market whenever there is a fundamental like this Well, things with bitcoin can lead to a lot of panic among investors, and that can cause the price to go down, which is not so bad because you can buy much more bitcoin and Cheaper, then in this order of ideas things can Manifest that it is a good option to buy, I assume that if the price is below the last ATH it is time to buy, and to buy well.
I agree, if you buy BTC now is the right time because BTC is already below the new ATH, and the war factor will also have a bad impact on BTC like during the Russian war yesterday, but over time BTC can rise again, so there's no need to doubt it. invest in btc when the market is red like now, don't wait for btc to go below 60k$ because it's not certain that it will reach below 60k$ again
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You better do your own research before investing in Bitcoins. Knowing what your risk tolerance is and how much you are willing to lose. I think the price currently is still pretty high as it is in a bullish trend. I think you can wait for the end of this trend. But no one can guarantee a perfect position since investing in bitcoins is really risky.
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The problem with buying Bitcoin right now is it's high transaction fee so I don't think DCA on smaller amount works on this or do you guys have any idea to lessen the fee or we just wait for it to go down?
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Decide what you can completely lose. Then do a weekly buy for a year that adds up to that amount.
ie I can lose 5000
so buy 100 a week every week for a year.
once the years time has passed and you purchased the btc for the 52 weeks. you can make a decision to
hodl it all
sell it all
sell some and hold some.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
You will invest on bitcoin because you want profit. and everyone invest for same reason.
there are no strategy to invest on bitcoin you can invest as much as you afford and this afford should be for long term. you can use only one strategy to minimize your loss that is DCA. there are no other strategy available
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The DCA strategy is very good because it is usually bought like this if the price is very High , but you have to consider something, if a possible war between Iran and Israel is formed right now, things can change a lot for the market whenever there is a fundamental like this Well, things with bitcoin can lead to a lot of panic among investors, and that can cause the price to go down, which is not so bad because you can buy much more bitcoin and Cheaper, then in this order of ideas things can Manifest that it is a good option to buy, I assume that if the price is below the last ATH it is time to buy, and to buy well.
I agree, if you buy BTC now is the right time because BTC is already below the new ATH, and the war factor will also have a bad impact on BTC like during the Russian war yesterday, but over time BTC can rise again, so there's no need to doubt it. invest in btc when the market is red like now, don't wait for btc to go below 60k$ because it's not certain that it will reach below 60k$ again
Yes, it is true, these types of things are always fundamental to know, be all war in these cases because they are speculative markets, they are always at the forefront to know if there are new fundamentals and how the market can react, but it is a fact that Until now I see The war thing has calmed down somewhat, which is a good thing. It is also well known that when these types of things exist, we see that new business models are generated when there is an active war. What happens is that these business models are between countries and only they win, what can be given well is that if the loser wins then the main thing is to buy bitcoin cheaper, it is the most Profitable thing that can be given , with respect to the investors, they have nothing left but to wait .
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The DCA strategy is very good because it is usually bought like this if the price is very High , but you have to consider something, if a possible war between Iran and Israel is formed right now, things can change a lot for the market whenever there is a fundamental like this Well, things with bitcoin can lead to a lot of panic among investors, and that can cause the price to go down, which is not so bad because you can buy much more bitcoin and Cheaper, then in this order of ideas things can Manifest that it is a good option to buy, I assume that if the price is below the last ATH it is time to buy, and to buy well.
I agree, if you buy BTC now is the right time because BTC is already below the new ATH, and the war factor will also have a bad impact on BTC like during the Russian war yesterday, but over time BTC can rise again, so there's no need to doubt it. invest in btc when the market is red like now, don't wait for btc to go below 60k$ because it's not certain that it will reach below 60k$ again
Yes, it is true, these types of things are always fundamental to know, be all war in these cases because they are speculative markets, they are always at the forefront to know if there are new fundamentals and how the market can react, but it is a fact that Until now I see The war thing has calmed down somewhat, which is a good thing. It is also well known that when these types of things exist, we see that new business models are generated when there is an active war. What happens is that these business models are between countries and only they win, what can be given well is that if the loser wins then the main thing is to buy bitcoin cheaper, it is the most Profitable thing that can be given , with respect to the investors, they have nothing left but to wait .
I don't think if the war between russian and ukraine truly has a major role to play in bitcoin price neither will Iraq and Iran war has any major effect on bitcoin price why because the war was already there but bitcoin gained new ATH. The major country I think that can affect bitcoin price negativity is USA or any other countries that has a major holder from their country. Price of bitcoin can only go down a bit but can't believe 15 percent for a country being affected by way, there are people trading bitcoin especially the institution traders can never allowed bitcoin to crashed that much except for these two seasons we have which we calls it bull and bear season only thing effects the market.
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The problem with buying Bitcoin right now is it's high transaction fee so I don't think DCA on smaller amount works on this or do you guys have any idea to lessen the fee or we just wait for it to go down?
Don't too often sending the Bitcoin. And send the Bitcoin when the transaction fee is decreasing.
I think it is no problem to keep the Bitcoin on the exchange wallet temporarily if it is just small number of Bitcoin. Just collect more Bitcoin on the exchange, send the Bitcoin to non-custodial wallet when the number of Bitcoin is quite large. But we must ensure to choose reputable exchange to buy and keep our Bitcoin there. Binance is one of the most recommended exchanges.
You will invest on bitcoin because you want profit. and everyone invest for same reason.
Of course, there is no investor who spends their money on Bitcoin because they want to waste their money only. Every investor wants to get the profits as many as possible. However, it depends on the strategy used by the investors. If the strategy is effective, they can earn the profits optimally.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
It doesn't seem like it (if you only hold for the future in more than 10 years) because I see the price of Bitcoin always goes up every year. However, if you just want to enjoy the bullish moment, then you can set the limit. Yes, it certainly won't be at the peak price, because I'm sure, only a few people know the peak price of Bitcoin at the next bullish moment, so don't blame yourself when you fail to sell at the peak price, at least you can sell with a profit that's already good.
Remember, the ATH price will only be known when a bearish moment comes after it. So, no one knows for sure how long is the right time to hold Bitcoin.
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Things has changed and we don't know when the dip will come again though it will come but not at anytime soon and probably from midwest of next year. If not the best time to invest is the dip and hodle and since the price is not going down for now and if you are interested to invest so you can partake in the upcoming ATH then you can use DCA for weekly investment.
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OP, you can hodl bitcoin at any season you want, be it bull run or bearish season. The most important thing to consider is to invest with your spare money and hodl bitcoin for long term. But it is advised to invest in bitcoin in bearish and sell at bull run market.
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OP, you can hodl bitcoin at any season you want, be it bull run or bearish season. The most important thing to consider is to invest with your spare money and hodl bitcoin for long term. But it is advised to invest in bitcoin in bearish and sell at bull run market.
He should also know Bitcoin is not a get rich quick scheme. Knowing this helped me a lot in the early days..
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You can hodl bitcoin at any time, whether at the bearish or bull run market. What matters most at the mentioned season is, are your seed phrase is kept in a safe place, whether are you applying a DCA strategy, investing with spare money, have a long-term investment plan, and have your crypto assets stored on exchanges rather than on the crypto wallet you have the seed phrase to.
If you can do all these mentioned, I believe you will not be bothered by when exactly suits an investor to hodl bitcoin because they can hodl it at any time they feel like
We have our own opinions, and I completely respect your opinion since that's what is working for you. However, it's a completely different strategy for me.
When's the best time to hold Bitcoin? Anytime, except during the bull market season.
At anytime, you can buy and hold Bitcoin, but during the bull run season, that's the time to reap the profits that you can get from your investments. I did it once during the 2021 bull market and I completely regret my decision. I held all of my assets at that time. I didn't sold any, and now I feel disappointed because I can just sell all of my assets at that time and then re-buy it during the bear market.
All of what you said was true though, but I don't like the strategy where even we are in the bull run, we will still hold our Bitcoin. This is the reason why we invested at first place. To get some profits isn't it?
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OP, you can hodl bitcoin at any season you want, be it bull run or bearish season. The most important thing to consider is to invest with your spare money and hodl bitcoin for long term. But it is advised to invest in bitcoin in bearish and sell at bull run market.
correct , we can hold no matter what as long as this is bitcoin because this is the safest of them all ., and asking what season to hodl? start it today if you wanted to not late in the bullmarket near end of this year.
OP, you can hodl bitcoin at any season you want, be it bull run or bearish season. The most important thing to consider is to invest with your spare money and hodl bitcoin for long term. But it is advised to invest in bitcoin in bearish and sell at bull run market.
He should also know Bitcoin is not a get rich quick scheme. Knowing this helped me a lot in the early days..
lol, get rich quick scheme ? there is no such way , what did bitcoin help you for?
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Can't we say that now is the right time to keep hodling?? Many people may just rely on the patterns created after the halving, but that is not bad either. FYI, many people suspect that in the next few days or weeks there will be a bull run in cryptocurrencies, both BTC and ALT... so make sure you have filled your bag with several cryptocurrency assets to be able to enjoy this bullish moment if it is real... this is complete nonsense. or not, it's better if we just wait for proof.
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You can hodl bitcoin at any time, whether at the bearish or bull run market. What matters most at the mentioned season is, are your seed phrase is kept in a safe place, whether are you applying a DCA strategy, investing with spare money, have a long-term investment plan, and have your crypto assets stored on exchanges rather than on the crypto wallet you have the seed phrase to.
If you can do all these mentioned, I believe you will not be bothered by when exactly suits an investor to hodl bitcoin because they can hodl it at any time they feel like
We have our own opinions, and I completely respect your opinion since that's what is working for you. However, it's a completely different strategy for me.
When's the best time to hold Bitcoin? Anytime, except during the bull market season.
At anytime, you can buy and hold Bitcoin, but during the bull run season, that's the time to reap the profits that you can get from your investments. I did it once during the 2021 bull market and I completely regret my decision. I held all of my assets at that time. I didn't sold any, and now I feel disappointed because I can just sell all of my assets at that time and then re-buy it during the bear market.
All of what you said was true though, but I don't like the strategy where even we are in the bull run, we will still hold our Bitcoin. This is the reason why we invested at first place. To get some profits isn't it?
I agree with your fact that the bull run is the best time for one to reap off their bitcoin profits rather than hodling it all through the bull market which saw the crypto market to the bearish market after experiencing a bull run that had bitcoin soar to a high price. This makes it the perfect plan to sell bitcoin at a bull run and reinvest in a bear market when bitcoin has declined in price.
However, I believe that some people haven't sold their bitcoin for once ever since they started to accumulate bitcoin. They have their Bitcoin store in their portfolio, year after year, bull run after bull run without selling their bitcoin
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I agree with your fact that the bull run is the best time for one to reap off their bitcoin profits rather than hodling it all through the bull market which saw the crypto market to the bearish market after experiencing a bull run that had bitcoin soar to a high price. This makes it the perfect plan to sell bitcoin at a bull run and reinvest in a bear market when bitcoin has declined in price.
However, I believe that some people haven't sold their bitcoin for once ever since they started to accumulate bitcoin. They have their Bitcoin store in their portfolio, year after year, bull run after bull run without selling their bitcoin
Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.
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Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.
No doubt with profitable earn from bitcoin as long term investment but many people got get lucky for holding as loong possibility because they have many urgency for selling their bitcoin assets early.
I don't think most of bitcoin holder scare when bitcoin dropping but must priority for urgent needed and less option except to sell bitcoin assets.
Bitcoin investment never waste your time any more until how long keep holding bitcoin, but some time have more priority to buy make us not get any way have to sell our bitcoin assets.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
The best time to invest was BEFORE the price started to increase, not after the new ATH was reached. But it's still possible to make a decent profit in this market cycle, assuming it would play out in similar fashion to the previous 4-year cycles.
But nobody knows how high could it go and anything is possible. But there are a lot of factors that could, at least in theory, have a positive effect on the price, e.g. reduced block rewards (meaning less bitcoin being sold) and large demand for recently approved spot ETFs.
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Can't we say that now is the right time to keep hodling?? Many people may just rely on the patterns created after the halving, but that is not bad either. FYI, many people suspect that in the next few days or weeks there will be a bull run in cryptocurrencies, both BTC and ALT... so make sure you have filled your bag with several cryptocurrency assets to be able to enjoy this bullish moment if it is real... this is complete nonsense. or not, it's better if we just wait for proof.
maybe the word survive is the most appropriate at this time because the price of BTC continues to rise,
but it doesn't rule out the possibility of not increasing our load if we have more money, but if we top up our load now it is very risky if BTC experiences a decline again and it takes a long time (2-4 months before the bullrun) the decline situation for old players may be normal, but if for beginners, they will definitely panic and sell at a cheaper price than they bought, always DYOR
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Bitcoin growth is endless and has no specific season or limits, all you need do is to keep on accumulating as much as you can because as time goes on so do bitcoin increase in price and you may never buy it as cheap as it was when you had the opportunity before. Just like someone would have bought an item for $1 In 2005 and seing that same item for $100k for 1, how will you feel?
In the aspect of investment strategy I think you either invest using dollar cost average (DCA) or lump sum or dip and HODL approach.
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Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.
I don't think that it is a better idea to not sell Bitcoin ever because everyone knows the value and importance of Bitcoin and such people are buying and selling bitcoin to get profit from it. If a person is not enjoying the profit from Bitcoin then there is no need to invest in Bitcoin because crypto is volatile and it gives us numerous opportunities to buy and sell at different costs and we have to take advantage of such a crypto.
I think we have to take profit no matter how long he keeps his Bitcoin but a time will come when he will take out his profit may be due to increased price or may be due to the need for money which is already increased in worth due to increase in the price of Bitcoin.
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Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.
I don't think that it is a better idea to not sell Bitcoin ever because everyone knows the value and importance of Bitcoin and such people are buying and selling bitcoin to get profit from it. If a person is not enjoying the profit from Bitcoin then there is no need to invest in Bitcoin because crypto is volatile and it gives us numerous opportunities to buy and sell at different costs and we have to take advantage of such a crypto.
I think we have to take profit no matter how long he keeps his Bitcoin but a time will come when he will take out his profit may be due to increased price or may be due to the need for money which is already increased in worth due to increase in the price of Bitcoin.
Those people who decides to hold for decades are they in any chance making a serious mistake and why have they chosen to hodl for this long if holding bitcoin for long without taking their profits seems not to be a good idea?
The thing is everyone chooses when they want to sell their bitcoin, and I know there are core holders who may want to hold for 10 years or 20 years time which is approximately 5 time halving and this could cause huge positive effects on bitcoin price.
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I don't think that it is a better idea to not sell Bitcoin ever because everyone knows the value and importance of Bitcoin and such people are buying and selling bitcoin to get profit from it. If a person is not enjoying the profit from Bitcoin then there is no need to invest in Bitcoin because crypto is volatile and it gives us numerous opportunities to buy and sell at different costs and we have to take advantage of such a crypto.
Most people must sell their Bitcoin if it hits the target. I see most people only hold until the peak in bullrun season. It means people only hold for 3-4 years. People will buy again in the next bearish season when there is huge dump (drop) in Bitcoin price. People can have bigger number of Bitcoin if they got good profits in the previous cycle.
I think we have to take profit no matter how long he keeps his Bitcoin but a time will come when he will take out his profit may be due to increased price or may be due to the need for money which is already increased in worth due to increase in the price of Bitcoin.
Sure, people must have the intention to get profits. People must have their basic necessities, they also need money. It is just impossible to keep holding forever, normal people will need money in the future. Even if they don't need money, they won't miss the chance to earn good amount of money.
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Those people who decides to hold for decades are they in any chance making a serious mistake and why have they chosen to hodl for this long if holding bitcoin for long without taking their profits seems not to be a good idea?
The thing is everyone chooses when they want to sell their bitcoin, and I know there are core holders who may want to hold for 10 years or 20 years time which is approximately 5 time halving and this could cause huge positive effects on bitcoin price.
They think that if they sell their Bitcoin then they will miss the huge profit in future but they don't know that the future is unpredictable so the current profit is better than to wait for the future. If someone wants to get reward from both present and future bull season so he should buy during dump and sell during pump and this process should be repeated for every four years of duration without any negative thoughts about Bitcoin declining as doubtful mind can only give you loss.
I think instead of keeping your Bitcoin for five lcontinuous halving if you buy at market dump and get profit when halving initiates it's effects then you will be profitable during each halving which will also have positive impacts on your investment process.
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Those people who decides to hold for decades are they in any chance making a serious mistake and why have they chosen to hodl for this long if holding bitcoin for long without taking their profits seems not to be a good idea?
The thing is everyone chooses when they want to sell their bitcoin, and I know there are core holders who may want to hold for 10 years or 20 years time which is approximately 5 time halving and this could cause huge positive effects on bitcoin price.
They think that if they sell their Bitcoin then they will miss the huge profit in future but they don't know that the future is unpredictable so the current profit is better than to wait for the future. If someone wants to get reward from both present and future bull season so he should buy during dump and sell during pump and this process should be repeated for every four years of duration without any negative thoughts about Bitcoin declining as doubtful mind can only give you loss.
I think instead of keeping your Bitcoin for five lcontinuous halving if you buy at market dump and get profit when halving initiates it's effects then you will be profitable during each halving which will also have positive impacts on your investment process.
Well we can't emerge the profit from holding for long time and sell immediately even though we find it very attractive selling now and take immediate profits nothing changes and the only thing I think that differs is from number of bitcoin that could be in your possession and they can't be same fraction but the value could be the same in dollars.
Let say instance, now that bitcoin is already 69k plus and investment of 1,000 dollars could be around 0.01445btc and when you sell and make profits now, after next 4 years to 10 years a bitcoin could worth $500,000 and if you multiple by 0.01445 which is about $7,200 yet you are holding Enough volume of BTC.
If you wanna buy 1k btc at price of $500k you would end up receiving less than 0.002btc or approximately.
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Well we can't emerge the profit from holding for long time and sell immediately even though we find it very attractive selling now and take immediate profits nothing changes and the only thing I think that differs is from number of bitcoin that could be in your possession and they can't be same fraction but the value could be the same in dollars.
If the goal is to obtain profits from investing in Bitcoin, of course we must understand various things related to the investment period or time period. As you have illustrated.
because, having understanding and knowledge really supports us to get optimal results. Meanwhile, if we don't have that knowledge, our investment could actually fail. Why? Yes, because there are periods of investment in Bitcoin, bearish and bullish eras. Don't let us buy it just before the bullish era, and because of ignorance we hold onto it and sell it 2 years later. Maybe they thought that if it had been 2 years the results would be much greater. However, they didn't know that 2 years after the bullish period, it was actually a bearish period. and this will actually result in a huge loss of money. For this reason, it is better to know when the target time for no profits is and also know and understand the bullish period or approaching the bullish peak season to take profits.
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I think instead of keeping your Bitcoin for five lcontinuous halving if you buy at market dump and get profit when halving initiates it's effects then you will be profitable during each halving which will also have positive impacts on your investment process.
Yes I myself do that, I will sell it when I have made a profit, and when the market bleeds come I will collect it back. It's something I do constantly.
I can't wait until 5 halvings for example, because that will take a very long time, while we will miss the profits that are in front of us? I always set a target to take advantage of, and when the target is achieved I will immediately take it. I think this is a commitment to myself.
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Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.
But unfortunately, people who never sold Bitcoins did nothing for the Bitcoin ecosystem. We may call Lazslo a stupid person who spent thousands of Bitcoins buying pizza, yet those were some milestones, and people understood that they could buy physical things by paying in Bitcoin. Someone has to use the payment method to keep running the system.
People who never sell their Bitcoin are loyal and know the fundamentals of Bitcoin. They have faith that Bitcoin will grow over time. But that does not mean average people aren't doing anything. The average person who makes transactions daily is the Bitcoin network's main fuel.
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Those who never chose to sell their bitcoin are people who knows the important of bitcoin and they knows how the market are being controlled and maneuvered, they believed that bitcoin is a long term investment and doesn't need to waste every bit of it because in time to come those bit they are wasting could worth something unexpected tomorrow or in time to come.
But unfortunately, people who never sold Bitcoins did nothing for the Bitcoin ecosystem. We may call Lazslo a stupid person who spent thousands of Bitcoins buying pizza, yet those were some milestones, and people understood that they could buy physical things by paying in Bitcoin. Someone has to use the payment method to keep running the system.
People who never sell their Bitcoin are loyal and know the fundamentals of Bitcoin. They have faith that Bitcoin will grow over time. But that does not mean average people aren't doing anything. The average person who makes transactions daily is the Bitcoin network's main fuel.
That is for sure but I would also like to draw your attention towards the price of bitcoin as then compared to current price, don't you know that if bitcoin were 72k as then, there is no time he could used such amount to buy pizza just to make break a record. Just take a flash back with the current economy someone using about 10k btc to buy pizza do you think that would be possible with today's economy?
Well to answer you clearly, no one on earth could used such amount of BTC in dollars or worth of bitcoin to buy pizza.
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I don't know if anyone has suggested the DCA strategy to you, but that's so far the best accumulation strategy, especially for newbies who are enthusiastic about HODLing.
The DCA technique involves regularly buying smaller amounts or any amount that you feel comfortable with, at an interval you're also comfortable with, could be weekly, or monthly, depending on your income flow.
This process is just like saving money in a piggy bank regularly for a future purpose.
This method helps to ride out the short-term impacts of the market's fluctuation and make you feel less tensed about the market movement because you're buying at different market conditions and hoping to HODL for the long-term.
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That is for sure but I would also like to draw your attention towards the price of bitcoin as then compared to current price, don't you know that if bitcoin were 72k as then, there is no time he could used such amount to buy pizza just to make break a record. Just take a flash back with the current economy someone using about 10k btc to buy pizza do you think that would be possible with today's economy?
Well to answer you clearly, no one on earth could used such amount of BTC in dollars or worth of bitcoin to buy pizza.
True.
But my point is someone has to start it. People have to use Bitcoin to let others know that it is valuable and that you can use it in real life. Since the value was too low back then, people had to use too many bitcoins to prove that it is usable. Buying pizza with 10K Bitcoin is just one example, and we know that because it happened on the forum.
I believe people spend enough time researching before they start holding Bitcoin. You cannot trust a digital asset without knowing much about it. Whoever started accumulating Bitcoin since the early days, either a dev, knows the bitcoin code, or is just loyal enough.
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That is for sure but I would also like to draw your attention towards the price of bitcoin as then compared to current price, don't you know that if bitcoin were 72k as then, there is no time he could used such amount to buy pizza just to make break a record. Just take a flash back with the current economy someone using about 10k btc to buy pizza do you think that would be possible with today's economy?
Well to answer you clearly, no one on earth could used such amount of BTC in dollars or worth of bitcoin to buy pizza.
True.
But my point is someone has to start it. People have to use Bitcoin to let others know that it is valuable and that you can use it in real life. Since the value was too low back then, people had to use too many bitcoins to prove that it is usable. Buying pizza with 10K Bitcoin is just one example, and we know that because it happened on the forum.
I believe people spend enough time researching before they start holding Bitcoin. You cannot trust a digital asset without knowing much about it. Whoever started accumulating Bitcoin since the early days, either a dev, knows the bitcoin code, or is just loyal enough.
Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.
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Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.
Yes, we can't turn back time to when bitcoin was first launched, at that time the price of bitcoin was very low. If we had bought bitcoin at that time, maybe we would be rich now. but forget it, it's all over, there's no need to regret. because there are still many opportunities to gain profits in the crypto world. We can buy bitcoin and other coins during the bearish season using the DCA method, although not as big as big investors, at least we have learned to start buying gradually.
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Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.
They should not regret it. Everyone does not have coding skills or analysis skills. People had to research and understand many things before they started using bitcoin before. A Bitcoin user had to have a personal computer and run a Bitcoin node to start using Bitcoin back in the old days. Now it is super easy. We can just install an app from the Play Store, generate a seed phrase and then start using Bitcoin. But old timers had to struggle.
But, it is true that a to of people had a chance to buy Bitcoin from the 300 USD range when it was already proved that Bitcoin has potential. I was student without any Job when Bitcoin first touched 17K and a couple of months later, Bitcoin was down back to 3K again. Still people did not bought bitcoin. Which they may regret.
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Yes of course people knows about the usefulness of bitcoin currently than before when it has no popularity and exposure, currently the visibility of bitcoin to the entire globe can never be quantified or messured unlike before and today more people venture into bitcoin with regret because since then they never believed that bitcoin could be this known as a global currency. Lot of people wished they could turned back the hand of time to let them accumulates enough volume of Bitcoin without knowing it can never be possible except they engages themselves with DCA and watch out the market to buy when there is serious dump on bitcoin price.
They should not regret it. Everyone does not have coding skills or analysis skills. People had to research and understand many things before they started using bitcoin before. A Bitcoin user had to have a personal computer and run a Bitcoin node to start using Bitcoin back in the old days. Now it is super easy. We can just install an app from the Play Store, generate a seed phrase and then start using Bitcoin. But old timers had to struggle.
But, it is true that a to of people had a chance to buy Bitcoin from the 300 USD range when it was already proved that Bitcoin has potential. I was student without any Job when Bitcoin first touched 17K and a couple of months later, Bitcoin was down back to 3K again. Still people did not bought bitcoin. Which they may regret.
Actually, many people regret why they didn't buy bitcoin when the price was still cheap, this is natural because there are still doubts and fears, so they don't have the courage to buy. The ones who win are those who have good analysis at that time and have bought Bitcoin, the profits they get will definitely be big.
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No one except God knows the future and I don't think there is any particular season when one should hold Bitcoin. However, seeing past trends in past, we might be able to deduce that there is a possibility of a bull run in the upcoming months, just like there was after few months of last bitcoin halvings. So, if you buy now, you might be able to make some profits in upcoming months but then again, not certain. :D
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Actually, many people regret why they didn't buy bitcoin when the price was still cheap, this is natural because there are still doubts and fears, so they don't have the courage to buy. The ones who win are those who have good analysis at that time and have bought Bitcoin, the profits they get will definitely be big.
They become regretful because of their own fear and that is something we commonly see especially with bitcoin. When the price is still cheap, they wait until the price gets cheaper and in reality the price reverses, and they can't make good use of it.
Even though there is a DCA strategy that can be used, because with DCA we can buy at any time and when the price drops again we can buy again. However, they didn't take advantage of existing strategies, which made them regret it.
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Actually, many people regret why they didn't buy bitcoin when the price was still cheap, this is natural because there are still doubts and fears, so they don't have the courage to buy. The ones who win are those who have good analysis at that time and have bought Bitcoin, the profits they get will definitely be big.
They become regretful because of their own fear and that is something we commonly see especially with bitcoin. When the price is still cheap, they wait until the price gets cheaper and in reality the price reverses, and they can't make good use of it.
Even though there is a DCA strategy that can be used, because with DCA we can buy at any time and when the price drops again we can buy again. However, they didn't take advantage of existing strategies, which made them regret it.
If we go back to the time where the price of Bitcoin was still cheap, we might feel the same when we are investing at year 2022 where people are doubting if the price will recover or continue to go deeper. Some were saying that Bitcoin is dead. But what happened? From $16k at year 2022, now the price is currently moving at $66k. So if we know where we are in the cycle of Bitcoin, believe on it and don't let your emotion ruin your decisions.
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Actually, many people regret why they didn't buy bitcoin when the price was still cheap, this is natural because there are still doubts and fears, so they don't have the courage to buy. The ones who win are those who have good analysis at that time and have bought Bitcoin, the profits they get will definitely be big.
They become regretful because of their own fear and that is something we commonly see especially with bitcoin. When the price is still cheap, they wait until the price gets cheaper and in reality the price reverses, and they can't make good use of it.
Even though there is a DCA strategy that can be used, because with DCA we can buy at any time and when the price drops again we can buy again. However, they didn't take advantage of existing strategies, which made them regret it.
Attempting to time the market can come with lots of disadvantages as well as regrettable decisions.
It requires you to accurately predict the price of Bitcoin, when to buy and the best time to sell, and like we already know that it's impossible to predict exactly the outcome of the market as there can be lots of mistakes one can encounter.
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They become regretful because of their own fear and that is something we commonly see especially with bitcoin. When the price is still cheap, they wait until the price gets cheaper and in reality the price reverses, and they can't make good use of it.
Even though there is a DCA strategy that can be used, because with DCA we can buy at any time and when the price drops again we can buy again. However, they didn't take advantage of existing strategies, which made them regret it.
If we go back to the time where the price of Bitcoin was still cheap, we might feel the same when we are investing at year 2022 where people are doubting if the price will recover or continue to go deeper. Some were saying that Bitcoin is dead. But what happened? From $16k at year 2022, now the price is currently moving at $66k. So if we know where we are in the cycle of Bitcoin, believe on it and don't let your emotion ruin your decisions.
They were also exposed to FUD spread by people, as you said there were even people who said at that time it might be the end of bitcoin or that bitcoin was dead. But that was wrong and we are at very high prices now.
Our decision is in our hands, so we are the ones who must be able to analyze it well and try not to listen to the bad news out there. Because if we listen to it and we don't have principles and knowledge, then maybe we will be influenced.
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They become regretful because of their own fear and that is something we commonly see especially with bitcoin. When the price is still cheap, they wait until the price gets cheaper and in reality the price reverses, and they can't make good use of it.
Even though there is a DCA strategy that can be used, because with DCA we can buy at any time and when the price drops again we can buy again. However, they didn't take advantage of existing strategies, which made them regret it.
If we go back to the time where the price of Bitcoin was still cheap, we might feel the same when we are investing at year 2022 where people are doubting if the price will recover or continue to go deeper. Some were saying that Bitcoin is dead. But what happened? From $16k at year 2022, now the price is currently moving at $66k. So if we know where we are in the cycle of Bitcoin, believe on it and don't let your emotion ruin your decisions.
They were also exposed to FUD spread by people, as you said there were even people who said at that time it might be the end of bitcoin or that bitcoin was dead. But that was wrong and we are at very high prices now.
Our decision is in our hands, so we are the ones who must be able to analyze it well and try not to listen to the bad news out there. Because if we listen to it and we don't have principles and knowledge, then maybe we will be influenced.
Yeah, you're right. We should conduct our own study so that we do not fall victim from FUD because we already know what might happen to Bitcoin. However, you may lose hope if the price does not move as planned, such as if you expected the price to be $20k at its lowest but ended up at $16k. But, yes, we all learnt that when we talk about Bitcoin, everything is possible.
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Well now would be pretty good since BTC is going down from it's newest ATH.
At the end of the day, timing the market is a bad idea in general.
You have to really sit and think about the long term game when you are dealing with bitcoin.
Moons are for noobs, so don't hope or plan for it.
These are all my opinions, of course.
<3
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They were also exposed to FUD spread by people, as you said there were even people who said at that time it might be the end of bitcoin or that bitcoin was dead. But that was wrong and we are at very high prices now.
Our decision is in our hands, so we are the ones who must be able to analyze it well and try not to listen to the bad news out there. Because if we listen to it and we don't have principles and knowledge, then maybe we will be influenced.
Yeah, you're right. We should conduct our own study so that we do not fall victim from FUD because we already know what might happen to Bitcoin. However, you may lose hope if the price does not move as planned, such as if you expected the price to be $20k at its lowest but ended up at $16k. But, yes, we all learnt that when we talk about Bitcoin, everything is possible.
Believing in yourself is very important, especially this is something that concerns our own future. I won't say not to listen to what other people say completely, but there is something that can be heard and there is something that doesn't need to be heard at all.
If we've been in this space for long, I'm sure we can discern what's good for us and what's bad for us. What is clear is that we have to believe in ourselves, lest our decisions come from other than ourselves.
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Newbies trying to learn more about crypto is always a welcome sight, I like it and I think everyone who has been in the bitcoin world for a while would love it as well. I think it is quite important to realize that we are not going to get a straight answer from anyone. Sure "now" is the correct answer, if you buy now and hold now that is great, but if you asked me a week ago I would have said the same thing, or I would have said the same thing a month ago, and I am pretty sure I will say the same thing a month from now as well. For some people like me, it is more important to just buy and hold, then the price action.
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They were also exposed to FUD spread by people, as you said there were even people who said at that time it might be the end of bitcoin or that bitcoin was dead. But that was wrong and we are at very high prices now.
Our decision is in our hands, so we are the ones who must be able to analyze it well and try not to listen to the bad news out there. Because if we listen to it and we don't have principles and knowledge, then maybe we will be influenced.
Yeah, you're right. We should conduct our own study so that we do not fall victim from FUD because we already know what might happen to Bitcoin. However, you may lose hope if the price does not move as planned, such as if you expected the price to be $20k at its lowest but ended up at $16k. But, yes, we all learnt that when we talk about Bitcoin, everything is possible.
Believing in yourself is very important, especially this is something that concerns our own future. I won't say not to listen to what other people say completely, but there is something that can be heard and there is something that doesn't need to be heard at all.
If we've been in this space for long, I'm sure we can discern what's good for us and what's bad for us. What is clear is that we have to believe in ourselves, lest our decisions come from other than ourselves.
If you trust in yourself, you will be confident in your trades; nevertheless, believing in yourself too much can lead to overconfidence in trading, which is bad since you may miss important details in your analysis. We can't unhear what people say, but you can choose what they say to help you become a better trader.
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If you trust in yourself, you will be confident in your trades; nevertheless, believing in yourself too much can lead to overconfidence in trading, which is bad since you may miss important details in your analysis. We can't unhear what people say, but you can choose what they say to help you become a better trader.
Trusting yourself is good but trust comes when you know everything better and when you don't know anything but trust yourself that your trades will be accurate then this behaviour can make you disappointed. Before trusting yourself it is important to make yourself bold through getting proper knowledge.
We should not listen to the talks of everyone because they will share their experience in one thing while we will be involved in another one so be bold and just focus on your knowledge to get the better for what you are trying.
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Well now would be pretty good since BTC is going down from it's newest ATH.
At the end of the day, timing the market is a bad idea in general.
You have to really sit and think about the long term game when you are dealing with bitcoin.
Moons are for noobs, so don't hope or plan for it.
These are all my opinions, of course.
<3
Bitcoin price corrections like this will indeed occur when the price of Bitcoin increases in price, then the next price movement will be a fall in the price of Bitcoin. As long as we still have Bitcoin and spend using money that is not going to be used in the near future, it is better for us to keep holding Bitcoin in our wallet for a very long time. I believe Bitcoin will offer a higher price high than the current ATH.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
you have mentioned about your interest in HOLDING bitcoin so lets answer about the limit you are asking here and from what I learned ?
LIMIT - means either about your capable funds to invest and lose but never about the time.
BITCOIN SEASON - this happens mostly every 4 years when bitcoin dictates the rolling of the market followed by altcoins(limited coins of course)
so about strategy , its yours to decide if you wanted to HOLD so let it there for years , or if you wanted to Buy /Sell then thats your decision to make.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
you have mentioned about your interest in HOLDING bitcoin so lets answer about the limit you are asking here and from what I learned ?
LIMIT - means either about your capable funds to invest and lose but never about the time.
BITCOIN SEASON - this happens mostly every 4 years when bitcoin dictates the rolling of the market followed by altcoins(limited coins of course)
so about strategy , its yours to decide if you wanted to HOLD so let it there for years , or if you wanted to Buy /Sell then thats your decision to make.
If we have free funds, maybe we can hold for years, by buying bitcoin when it is bearish then holding for the long term. If I do it I only follow a 4 year cycle, because I don't have the desire to hold it for more than 4 years. because the risk is also big if Bitcoin is suddenly replaced by a new coin.
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You are right in thinking Bitcoin is a great asset but if you want to hold this asset you must take risk. Because we all know how profitable it is.If you have money then you can invest it because even though this Bitcoin is slowly going from history then the market is very good in 2024 when it comes to present time.But at present its market is a bit worse and may get worse.But this Bitcoin market won't stay bad for long. If you can hold it patiently till Bitcoin 2025 then you can expect good things.
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I would recommend holding for the long term because Bitcoin's value will continue to increase due to scarcity and demand. Trust the experts and keep studying the market but keep growing your investment 9of course only what you can afford to lose). trust dollar cost average or use an AI trading bot like R100K to maximize your profits. I did so and am at 173% profit right now. The trick is to diversify your portfolio as much as possible.
Personally trusting the expert doesn't add anything for me, the best you said here is individual consistent getting use to the market, one thing you you need to know is that the market itself differs from season to season, every 4years begats halving but something different happened during this year halving, bitcoiners were expecting immediate constant increase in Bitcoin but it happened differently thats why I said both expert and the market itself looks confusing most times.
Holding for a longterm is a Bitcoin thing, so every intending bitcoiner should know that before involving fully in Bitcoin, although the best time to invest in Bitcoin is during its dip season but will an investor who is ready wait till that time, what if it doesn't come fast? Won't such investor be tempted to tamper the fund meant for the investment, as for me I will advice that we invest when we are financially and mentally ready to take up investment responsibilities but we must invest what can afford to lose and sustain.
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No one except God knows the future and I don't think there is any particular season when one should hold Bitcoin. However, seeing past trends in past, we might be able to deduce that there is a possibility of a bull run in the upcoming months, just like there was after few months of last bitcoin halvings. So, if you buy now, you might be able to make some profits in upcoming months but then again, not certain. :D
Since the price movements changes from time to time, we cannot accurately detect when there would exist a bull bear or sideways, but we can make predictions to when they might occur, and that can give us and advantage to make preparations towards those trends. One can also employe the use of DCA which let him to accumulate small amount of his bankroll daily, week or monthly depending on his financial capacity and irrespective of the trend he can still make his accumulation. This is a more disciplined way of holding and accumulating Bitcoin, and it works best when you have a source of income. Investing without a source of income is equivalent to you just gambling because if anything unforeseen circumstances occur, you might go back and withdraw your investment.
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No one except God knows the future and I don't think there is any particular season when one should hold Bitcoin. However, seeing past trends in past, we might be able to deduce that there is a possibility of a bull run in the upcoming months, just like there was after few months of last bitcoin halvings. So, if you buy now, you might be able to make some profits in upcoming months but then again, not certain. :D
Since the price movements changes from time to time, we cannot accurately detect when there would exist a bull bear or sideways, but we can make predictions to when they might occur, and that can give us and advantage to make preparations towards those trends. One can also employe the use of DCA which let him to accumulate small amount of his bankroll daily, week or monthly depending on his financial capacity and irrespective of the trend he can still make his accumulation. This is a more disciplined way of holding and accumulating Bitcoin, and it works best when you have a source of income. Investing without a source of income is equivalent to you just gambling because if anything unforeseen circumstances occur, you might go back and withdraw your investment.
With technical analysis I think we can atleast narrow down the possible trend on where it is going either up, down or sideways just by looking at the chart but yeah since we are trying to be having a safe investment here then DCA would be the perfect strategy we can use as it is effective regardless of market condition.
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Holding for a longterm is a Bitcoin thing, so every intending bitcoiner should know that before involving fully in Bitcoin, although the best time to invest in Bitcoin is during its dip season but will an investor who is ready wait till that time, what if it doesn't come fast? Won't such investor be tempted to tamper the fund meant for the investment, as for me I will advice that we invest when we are financially and mentally ready to take up investment responsibilities but we must invest what can afford to lose and sustain.
You have spoken well, of course that's actually what every new Bitcoin investors should have in mind because the only way to be profitable in Bitcoin is only by holding, and also what people should also understand especially the new ones is that when we talk about holding is not just only to invest a certain amount and decided to hold it without being consistent on accumulating more if not at the end of the years of holding they will realize that there take home profits will be too little.
However the reason I'm saying this is because that has been the mindset of most beginners in to Bitcoin investment because in as much as holding is very important regular accumulation gives the higher chance of getting more returns in the future, also another thing I would also advise the beginners is not to consider going into trading if they are not knowledgeable enough.
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With technical analysis I think we can atleast narrow down the possible trend on where it is going either up, down or sideways just by looking at the chart but yeah since we are trying to be having a safe investment here then DCA would be the perfect strategy we can use as it is effective regardless of market condition.
Even with technical analysis and/or trading tools, it'll still be impossible to perfectly predict what trend or direction the market would take next, the best it can do for you is to narrow it down just as you've stated, or give you the possible options which the market would take, but it'll all be under probably as it's impossible to predict the future outcome of the market no matter the analytic tools involved, it'll still be a big gamble.
And yes, that's why DCA is a more preferable strategy, compared to timing the market, because it enables one to buy at different market conditions and prices, and with DCA you can be sure to buy more when prices are high and less when price is lower, and it'll help you also to accumulate a good chunk of Bitcoin without considering or being scared of the present market condition or short-term fluctuations.
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So, if you buy now, you might be able to make some profits in upcoming months but then again, not certain. :D
You are right, there is nothing certain in a volatile network like BTC, however, people who try to perfectly time the market before buying, are weak hands. The funny thing about weak hands is that they never buy BTC when it is low, they always wait until the price is pumping and then they start fomo buying, it is crazy, but they never break out of that 'cycle'.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
When it comes to holding and on how long you would really be holding then it would really be that entirely be depending on you since not all would really be sharing up with the same idea
and goals that they do have when it comes to this manner. This is why it would really that vary on each person because we do have our own targets on which as i have said.
It would really be just that so hard that you would really be trying out to ask out people. You should really be that base up on what are your targets
and goals with your Bitcoin holdings.
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Bitcoin is a coin that invests in the coin and holds it for a long time to get high returns. There is no specific time or limit for buying bitcoins. You can invest as much as you want. But if we can buy at a lower price when we buy, we can get a higher return. Remember, the one who wins the buying time will get the highest return. So the strategy to buy bitcoins is to buy at low prices or when it is dumping.
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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
This is obviously one of the first and right questions for every newbie to ask in the cryptocurrency industry, especially in Bitcoin investment. Investing in whatever thing that does with volatility, needs a good timing to make profit. And that same thing is applicable to bitcoin investment. The ultimate goal of every investor is to buy low and sell high. Anything other than the fundamental is leading to losses and not profit. Now the major problem lies in identifying when is low and when is high. There is no trader or whosoever that will beat his chest that he at every time knows the next move of Bitcoin. But then there are some indicators that tell us when to buy and went to likely sell, and also the next possible move of Bitcoin with close but not exact prediction.
One of such tools is the halving. It was not long that bitcoin halving happened and the history has always had it that few months after having is accompanied by bullrun. This means that your question came at the right time, as I am typing this message, this could be the best time for you to buy. But since no one is very sure I will advise you to buy with a strategy called dollar cost averaging DCA. This strategy allows you to buy passively at intervals, either weekly or monthly.
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With technical analysis I think we can atleast narrow down the possible trend on where it is going either up, down or sideways just by looking at the chart but yeah since we are trying to be having a safe investment here then DCA would be the perfect strategy we can use as it is effective regardless of market condition.
Absolutely, there is no doubt DCA is one of the most employed strategy because it goes for all categories of persons, be it rich, poor, young or old. It is very easy and affordable to operate on as you can make investment based on your financial capacity. And one important factor we shouldn't ignore why Investing in Bitcoin is our security/anonymity. Bitcoin was created a decentralised currency for a reason, and that nature comes with merits and demerit because you might be able to track anyone should in case you mistakenly sent your Bitcoin to the wrong address or get hacked. So taking your security serious is very important. One can make use of several addresses of which your main address shouldn't be broadcast online for security reasons.
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So, if you buy now, you might be able to make some profits in upcoming months but then again, not certain. :D
You are right, there is nothing certain in a volatile network like BTC, however, people who try to perfectly time the market before buying, are weak hands. The funny thing about weak hands is that they never buy BTC when it is low, they always wait until the price is pumping and then they start fomo buying, it is crazy, but they never break out of that 'cycle'.
The right buy is where the market is bearish and hold until it is bullish and reaches a new ATH. However, that is a theory because in practice it is not as easy as we say.
We can only predict from the analysis we do and it will involve everything, such as technical, fundamental and so on. This looks easy, but it is difficult, but on the other hand, this is indeed easy as long as we know all the knowledge, and another thing is our patience in holding it.
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So, if you buy now, you might be able to make some profits in upcoming months but then again, not certain. :D
You are right, there is nothing certain in a volatile network like BTC, however, people who try to perfectly time the market before buying, are weak hands. The funny thing about weak hands is that they never buy BTC when it is low, they always wait until the price is pumping and then they start fomo buying, it is crazy, but they never break out of that 'cycle'.
The right buy is where the market is bearish and hold until it is bullish and reaches a new ATH. However, that is a theory because in practice it is not as easy as we say.
We can only predict from the analysis we do and it will involve everything, such as technical, fundamental and so on. This looks easy, but it is difficult, but on the other hand, this is indeed easy as long as we know all the knowledge, and another thing is our patience in holding it.
This strategy is only suitable for use by a long-term holder by buying when it is bearish and holding it until the bullish season. It's not easy to do, but at least when we follow the 4 year cycle, we can do it well. but this requires money that is truly free and is not needed in the near future, because it takes 2-3 years to hold it.