Topic: Buy the DIP, and HODL! - page 572. (Read 123271 times)

It was indeed a short correction, bitcoin now back to almost $40k and the good news is we are back to a trillion dollars marketcap. It's trying to rise to $40k again and if it will fail, then eventually we will see it fall again.

Sometimes our expectations are wrong, bitcoin has been so unpredictable so we are obviously playing a good game here, lucky are those who bought at $32K, the price now can give them good profit in just a very short period of time.

It could be a correction then bounce back, or it could be a start of a big correction.

You know, bitcoin has already increased x3 from the last 3 months, per CMC, btc is only trading at $11k last october 12, ad we have reach $40k already.
Therefore, if a correction will come, we should be ready and if we see it as a dip before a next wave of bull run, then we take it.

Accurate enough, or I believe it should be. The Bitcoin blockchain is transparent, and auditable.


I believe that it will be the institutions that will be taking all the big risks from $20,000 and up. The pleb market will be over, we are entering another phase in Bitcoin's development. BUT some of us plebs front-ran the institutions. Hahaha.

Now that bitcoin has fallen $5k to$ 35,000 I hope this is only a short correction so that investors are more confident who have bought at $40k no panic happens instead this will still be overlooked in the future.
We knew before this but for me it's hard to get back to 10k for this will still hold by having passed ATH and won't drop that badly so they will still be confident with the next increase.

Thanks for the share Mate , I have been looking for this Kind of site for long and just now that i find one, thanks to you ..

Any idea how accurate the charts is? but it doesnt matter now what made my day is at least i have some Basis now for my chart checking.

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and in regards to Buy Dip , maybe these days will be the Best because Bitcoin subside from 41k to 33k now , so Investors that willing to risk and re enter then this is the best chance.

There's a graph in bitinfocharts.com that shows the amount of Bitcoin HODLed, and that has not moved within a year, and more has only increased, never decreased.

I hope those crypto investors on the year 2018 upto 2019 they bought bitcoin and they did not lost their trust to this which is others happen when the bitcoin price dump they sell their bitcoin and they leave the others did not experience the second bull run. Waiting and holding is really worth it because we earn money because we trust and invest to the bitcoin that it can rise again like what happen last 2017.

Would it be safe to believe that Bitcoin will not be crashing under $10,000 anymore? Plus if the pattern of the price history of Bitcoin is followed, we reach the peak on December, then a crash on 2022, followed by a bear market until the next halving on 2024.

Don't buy the dip, and HODL this shitcoin, or you might experience the biggest Bart of cryptocurrency trading history.



They also once said that they were "the better alternative" to Bitcoin, https://ripple.com/wp-content/uploads/2020/12/Ripple-Wells-Submission-Summary.pdf

we all wanted of course but the thing is is this easy to find? a currency that dropping and soon will grow?
or we need to struggle and risk ,have much capital to deal with this.

if we can only predict the value for sure even shitcoin will be protected and valuable,but its not so don't pretend that is it easy as this are reallyrisky.

it looks like John McAfee always made some very spectacular predictions but almost all of the predictions made were not and have not been proven to date.
but can it happen with $ 500K, if it is about crypto no one can deny that it could happen.

but also with $ 1000K can be fulfilled !! I don't see anything strange because anything can happen.
I only see from the first and second halving that the% difference between them is quite significant. we know that after each halving, the following year there will be a sharp increase. if it will happen after the third halving, then the difference will be close to the prediction, so if the halving prediction is correct then next year there will be a fantastic value but in what month will it happen.

Wasn't it $1 million? Who said it was laughable?

$1 million is absolutely possible in the next couple years, if the S-curve model is correct.

I just don't think those levels are predictable. The current models for price projection are just extrapolation-based. They are all bound to fail, whether because they aim too high or too low, or are too rigid in terms of time.

I would not assign too much weight to the folks who are ridiculing John McAfee.

He definitely deserves to be ridiculed rather than worshiped, as some people do seem to worship him, or at least think that he can cause a pump - which is part of the reason that he is currently locked up for engaging in outrageous pumping (and presumably dumping).

In regards to the $500k prediction by the end of 2020.. about a week after he made that overlyexuberant prediction, he upped it to $1million.

Many longer term HODLers likely did not really disagree with his prediction... instead it was seeming to be a bit too much, too fast.

With any prediction we have to look at both time and substantive amount... So, at the time when he made his prediction, during the late 2017 bullrun, such time and amount were seeming more reasonable - but then once we got the 85% correction and then a kind of dragging out of our regrouping period for 3 years, it appears that McAfee may have been a year too early in his prediction or even a cycle or two, too early in his prediction.  He was not exactly being original in making such a prediction, only carrying out such prediction in his bombastic attention-whore seeking kind of way.

Another shower thought. Is John McAfee's prediction of $500,000 per Bitcoin late by 1 or 2 years? Do you believe it to still be laughable, simply because our pleb brains couldn't accept that it was not impossible?

Down is not a necessary condition in order for more up to happen, so hopefully you, Shasha80, and any other predictors of down before up are actually prepared for up in case down does not happen first.

You may well thank me later.

 

That sounds more like trading (gambling) than investment (long-term commitment to a worthy project).

Taking profits? In what? Fiat? LOL

You think fiat is a worthy project in which to make a long-term investment?

I'll take my profits in Bitcoin, thank you.

Enjoy staying poor.

The increase in the price of Bitcoin which reached $ 23,000 is beyond my predictions, as many big investors have started investing in Bitcoin.
That's why the price of Bitcoin continues to rise, but the current price is too high in my opinion. In a few days, there should be a deep correction.
According to my analysis, Bitcoin will probably drop to a price of $ 18,000 - $ 19,000. If my prediction is correct Bitcoin will be corrected, then
the opportunity to buy more Bitcoin.

It would be VERY limited. The institutionals didn't come in for "mere" 100% gains. They have made Bitcoin as part of their company's treasury assets. From there, for better or worse, I believe nations would HODL it as part of their basket of FOREX reserves.

Sort of like a mini April 2013 move? That would be quite an emotional ride. Not quite what I'm expecting, but something to keep in mind!


Agreed, we can never know exactly when Bitcoin will shake the trees. But based on history we know it will eventually happen, and that the downside is limited. From $23.8K, I'd say the maximum downside is the $14K area. Buy the dip, if it happens.

It seems that I mostly agree with you, cytpoway121, except you seem to have a kind of hesitancy or a desire to try to time the BTC market.

Sure, this thread seems to have a timing the market idea built into it, but if anyone overthinks the timing the market aspect (rather than just regularly buying at whatever the BTC price might be), then such person may well end up failing to stack enough sats when the BTC price ends up going UPpity rather than correcting, which largely seems to be the case in bitcoinlandia since about the beginning of September when BTC prices were at about $10k to present...   Sure we had a few decent corrections in there, but there may have been some wannabe bitcoin accumulators that were being too greedy and waiting for BIGGER dips, that so far have not happened.  Sure, it is possible that we will dip back down to sub $20k, but it is also possible that we will never again dip below $22k.. so there are a lot of possibilities, and in that regard, each bitcoin stacker wannabe person needs to consider just using some of his/her funds to just buy at whatever the BTC price might be.. and sure keeping some cash available in case the BTC price drops too.. and no matter what, if such person feels that s/he does not have enough BTC, there is going to be some dilemma-like feelings regarding how much is enough to buy at any point and how much to attempt to keep in reserves in the case that BTC prices drop.


Seems to be one of the main justifications that any kind of preparation in bitcoin should be both for down and up... I have frequently errored on the side of being prepared for UP way more than I am prepared for down, and many times I have been chided for such lopsided UPpity preparation efforts by suggesting that I am paying way too much for my BTC when I could (or could have) gotten sats cheaper.. blah blah blah.. which also seems to be one of the justification that causes some folks to sell some or all of their BTC out of hopes that they can buy more BTC at a cheaper price, which seems to be the wrong mindset in my own thinking and when BTC goes on a UPpity rampage (which it does from time to time, including having had largely done so since early September), then the ones laughing and in comfort are those who had been overly preparing for UP.. in spite of the other various theories about how to "properly" do bitcoin.