Regardless if it's the bottom or not, now is a good price to buy. Those who try to find the absolute bottom or top are often missing even good opportunities and end up with lower profits (if any) then if they tried to simply make a good trade.
We can assume with a great confidence that if the market cycle pattern holds, the price will be much higher than it is now somewhere in 2024 or early 2025. This should be a reason enough to accumulate today.
Topic: Bottom of the Bear Market...let's accumulate!! - page 3. (Read 660 times)
Actually everyone is expecting Bitcoin to experience a little change since we have entered into 2023, but that is not the exact measure we are emphasising on. We should know that before now Bitcoin have it way of surviving and before it increment the thing that will happen before the bearish will be corrected should be a positive information of Bitcoin concerning adoption of a vital companies or a potential person who have influence. But a situation whereby a such information has not be carried out this year we shall continue to experience bearish market, and it's obvious that another determination of it's increment is dependable by the demands and supplies
I'm still trying to collect more bitcoins until now.
I want to keep collecting it until the price starts increasing to at least $30k and then I'm going to stop and look at the situation again.
We also have to see how long we can continue to buy bitcoins because we also have to look at our situation and financial condition.
And remember never to use money you can't afford to lose because that is the basics of investing.
I think we have to take advantage of the opportunity at a price that is still rock bottom so we don't regret it after bitcoin is back in recovery and collecting bitcoins until the price is $ 30k at least it's still good we look like we still have a lot of time to continue to get below $ 30k.I want to keep collecting it until the price starts increasing to at least $30k and then I'm going to stop and look at the situation again.
We also have to see how long we can continue to buy bitcoins because we also have to look at our situation and financial condition.
And remember never to use money you can't afford to lose because that is the basics of investing.
We have to have a purchase target and also a sales target because seeing this situation we have to pay attention to taking advantage of it.
Cold money that must be prepared to invest in bitcoin.
Who is accumulating and how much are you hoping to add to your stash this year?
Wow, you have a deep pocket I must say, I wanted to stash 1 BTC but I doubt that I can get it before the eventual bull run. I'm also doing DCA, but still depend on my capital that week or that month. But I'm still doing it slowly, as much as I can, or shall we can, invest what you can afford to lose. So for me probably a good .25-.3 BTC might be a good start for me this 2023 and up until the halving and maybe I will continue till 2025 and see how far can I go and hopefully was able to get that goal or even higher.What we can do is to only predict and based our prediction in the past performance of the coins but it may not always be followed so don't lose hope on what you are planning. Maybe the bull run can be delayed again and you will have a chance to accumulate one bitcoin before it comes. Just don't focus beyond your first goal but focus on finishing it first before setting a new record again.
We just had like 10 days of up market then suddenly people are this bullish already. Probably calm down a bit with the over-bullishness lmao.
Imo, OP is being bullish at the right time. There is a bullish divergence on weekly, we can pump to 20k+ in just one good trading week. Also, I saw overly positive funding on bybit a few days ago (at 16.5k) which was quite surprising but maybe that was the secret smart market makers accumulating serious longs at the bottom since the price only went up after that. There is something cooking inside for sure.Ref: https://i.imgur.com/yMKijkS.jpg
I mean, I feel slightly more bullish than normal as well, but I'm still very skeptical. On the other hand, over optimism can end very badly when making decisions off being overly bullish.
We should but many won't, and they are really the people who shouldn't even be here. Crypto is a volatile thing and sometimes you win and sometimes you lose, there is nothing wrong with that, I do not think that we should be focusing on making money at this point and we should instead try to have as much bitcoin as possible which is accumulation basically. If we could do that then we are going to end up "being ready" for when the time comes and the price goes up.
I know it requires you to spend money now and not have any results at all for a long time which is upsetting to see, but people who bought at 2018 made a killing in 2021, that's 3 years of waiting and yet they recovered and got richer.
I know it requires you to spend money now and not have any results at all for a long time which is upsetting to see, but people who bought at 2018 made a killing in 2021, that's 3 years of waiting and yet they recovered and got richer.
Who is accumulating and how much are you hoping to add to your stash this year?
Wow, you have a deep pocket I must say, I wanted to stash 1 BTC but I doubt that I can get it before the eventual bull run. I'm also doing DCA, but still depend on my capital that week or that month. But I'm still doing it slowly, as much as I can, or shall we can, invest what you can afford to lose. So for me probably a good .25-.3 BTC might be a good start for me this 2023 and up until the halving and maybe I will continue till 2025 and see how far can I go and hopefully was able to get that goal or even higher.
Who is accumulating and how much are you hoping to add to your stash this year?
I guess many of us continuously buying the Bitcoins throughout this bear market. I myself have been purchasing Bitcoins every month, no matter what’s the price of Bitcoins in that current month. I know Bitcoins are way more valuable that it’s currently, so my current motive is to buy as many Bitcoins as I can in this bear market. Now once the price rises, I will sell these at very high price. I am very much sure that, I am not only the one who is doing this, many other people have also gathered many Bitcoins during this bear market and are waiting for the golden period of Bitcoins.
I'm still trying to collect more bitcoins until now.
I want to keep collecting it until the price starts increasing to at least $30k and then I'm going to stop and look at the situation again.
We also have to see how long we can continue to buy bitcoins because we also have to look at our situation and financial condition.
And remember never to use money you can't afford to lose because that is the basics of investing.
I want to keep collecting it until the price starts increasing to at least $30k and then I'm going to stop and look at the situation again.
We also have to see how long we can continue to buy bitcoins because we also have to look at our situation and financial condition.
And remember never to use money you can't afford to lose because that is the basics of investing.
Good decision to accumulate since we can see more better figures if we base on past data's where it shows that bitcoin will always go pump up when something like halving events will nearly came. But let see if us accumulators on bear market season will be lucky if there is a bull run came. But if not still fine at least we try our luck to gain by spending some time waiting for halving miracle.
Quite optimistic you are. But that is a good sign for a bitcoin supporter. As a veteran trader, I have not collected any bitcoin yet. I believe there will be another wave in which I can collect even cheap bitcoins. Below $15000 is my target. I will try to accumulate 1 bitcoin in this price (with or without DCA)
If I still have money, I will choose some potential altcoins for even greater profit. But right now there is no time for me to do research. Very busy studying and working. I strongly recommend people learn and earn or do whatever is useful for themselves instead of looking at the chart too much. Right now is the best time to accumulate not just bitcoin, but education, too
If I still have money, I will choose some potential altcoins for even greater profit. But right now there is no time for me to do research. Very busy studying and working. I strongly recommend people learn and earn or do whatever is useful for themselves instead of looking at the chart too much. Right now is the best time to accumulate not just bitcoin, but education, too
For price movement it is true that it is starting to improve so many people speculate that there will be a bull run in the near future and some are still holding fast that the bitcoin price has not yet reached the bottom price in the current cycle, for short-term investors it may be very important to know what price predictions will be happen, but if you ask long-term investors, especially if they have experience, I don't think they will be affected by price predictions that may not be their target this year.
My Bitcoin collection is still relatively small because the DCA that I did is still relatively new and the money I save is still relatively small, so I'm embarrassed to mention it again, but I have a target this year to have the success of collecting 1-3 bitcoins.
My Bitcoin collection is still relatively small because the DCA that I did is still relatively new and the money I save is still relatively small, so I'm embarrassed to mention it again, but I have a target this year to have the success of collecting 1-3 bitcoins.
I'm still trying to collect more bitcoins until now.
I want to keep collecting it until the price starts increasing to at least $30k and then I'm going to stop and look at the situation again.
We also have to see how long we can continue to buy bitcoins because we also have to look at our situation and financial condition.
And remember never to use money you can't afford to lose because that is the basics of investing.
I want to keep collecting it until the price starts increasing to at least $30k and then I'm going to stop and look at the situation again.
We also have to see how long we can continue to buy bitcoins because we also have to look at our situation and financial condition.
And remember never to use money you can't afford to lose because that is the basics of investing.
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Alright folks, unless there is another major crypto company/protocol collapse, the bottom is almost certainly in and there is a good chance Bitcoin will start rising out of this bottom range in a few months.
So now is the time to accumulate if you haven't started yet!
There are concerns that inflation and recession will affect the course of the world economy, giving rise to several assumptions from observers that this will affect bitcoin, but if you look at Covid-19 and the economic impact in 2019 to 2021, bitcoin is not completely affected by that situation and even in 2021 bitcoin hit the highest ATH. We think now is the right move to collect bitcoin, before resistance sets in this year, so that we can take advantage of maximum return opportunities.So now is the time to accumulate if you haven't started yet!
Therefore, it seems that this year bitcoin will experience a gradual recovery, although it is not certain in which month. If following the four-year scheme, it should be this year that bitcoin starts showing a gradual recovery before hitting the next ATH.
There is a chance that something bad could happen again, do not be so sure of your point OP, but we should be fine if we don't go all in, who would have thought that Covid 19 will make crypto create a new all time low in 2020? I am not saying the something will happen again but anything is possible.
I will keep using dollar cost average strategy till 2024, I advice everyone to do the same.
I do not believe COVID-19 caused anything, what caused 2018 and 2019 bitcoin lowest price? I see 2020 low price to be normal, that it is about how the market is volatile and nothing more than that, but because the virus pandemic was around the time, people said it is the pandemic that caused it.I will keep using dollar cost average strategy till 2024, I advice everyone to do the same.
Dollar cost average is good, but now is also good because likely the price of bitcoin is low already, let us expect the price to increase, but this will not be an increase that will result to ATH.
There is a chance that something bad could happen again, do not be so sure of your point OP, but we should be fine if we don't go all in, who would have thought that Covid 19 will make crypto create a new all time low in 2020? I am not saying the something will happen again but anything is possible.
I will keep using dollar cost average strategy till 2024, I advice everyone to do the same.
I will keep using dollar cost average strategy till 2024, I advice everyone to do the same.
I just picked up 0.1 BTC today with my trading profits during these first nine days of the year.
Hoping to add well more than 0.5 BTC to my long term stash by the end of the year. My goal is to add 1 BTC total between 2023 and 2024 before the bull market really starts cooking again.
Congratulations on the success and luck you have had in the last few weeks/days, Targets and forecasts are quite good for perfecting your Bitcoin assets, I describe you are fighting for your goals to own Bitcoin assets with a target of 1 Btc, very good and worthy appreciation to follow. regarding the problem of the bottom / bottom of Bitcoin during this bearish period, it is better for us to go to the steps to collect.Hoping to add well more than 0.5 BTC to my long term stash by the end of the year. My goal is to add 1 BTC total between 2023 and 2024 before the bull market really starts cooking again.
Now that the Btc market has broken past $17k and we look forward to this recovery continuing to move upwards so that the bull market will take over this bear market, on this occasion we are still consistent in collecting and continuing to hold Bitcoin Assets.
We just had like 10 days of up market then suddenly people are this bullish already. Probably calm down a bit with the over-bullishness lmao.
Imo, OP is being bullish at the right time. There is a bullish divergence on weekly, we can pump to 20k+ in just one good trading week. Also, I saw overly positive funding on bybit a few days ago (at 16.5k) which was quite surprising but maybe that was the secret smart market makers accumulating serious longs at the bottom since the price only went up after that. There is something cooking inside for sure.Ref:
Regardless of whether it bottomed already or not, BTC price had gone from its ATH to its lowest with more than -60%. When your goal is to hold til the bull run, it's a good time to buy. DCAing will work as long as you plan for the long term.
Who is accumulating and how much are you hoping to add to your stash this year?
I'm hoping to at least hold my 0.025 and keep earning.
Luckily you got 0.6BTC now. Now only people with considerable good income can buy that amount out of their pocket.
you know your at the bottom when you suggest price will Not move more then 15% up for the next 4-6 months, and some how your labeled as a "over-bullish".
hahaha exactly. I was very confused how they took my post as being about bullishness lol."the bottom is almost certainly in and there is a good chance Bitcoin will start rising out of this bottom range in a few months."
That is almost certainly(though debatably) overly bullish in this current market condition; and no, a sideways chop definitely doesn't mean we're at a market bottom lol.
Oh i get it our conservative price estimates seem overly bullish too you because you're overly bearish
you know your at the bottom when you suggest price will Not move more then 15% up for the next 4-6 months, and some how your labeled as a "over-bullish".
hahaha exactly. I was very confused how they took my post as being about bullishness lol."the bottom is almost certainly in and there is a good chance Bitcoin will start rising out of this bottom range in a few months."
That is almost certainly(though debatably) overly bullish in this current market condition; and no, a sideways chop definitely doesn't mean we're at a market bottom lol.
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