Topic: Impact of bitcoin price speculations on individual bitcoin holding (Read 952 times)

I do think that it is a very temporary situation, I do not think that it will go on like that, doesn't feel like it would make sense on the long run to continue that way neither. I believe that we are going to end up with something much smaller and the result will be a lot better one way or another. I get that people may not feel that comfortable about it, and maybe right now a lot less people are spending money on transactions, but I am sure there will be a solution to this one way or another.

I do not know what it would be, but remember how legacy blockchain is still a thing, you can still send money to those addresses that starts with 1, those are even higher, so that means we already figured out a way before so it should not be impossible.

The impact of Bitcoin price ? Well , let's just take a quick look at transaction Fee in the last 48 hours because it's now double in value since 2 days ago and just 1 transaction of Bitcoin is up to 22$ in fees which is absolute insane and this will affect once again the Bitcoin network and we will have congested transaction that will won't move for quite some time. This is already a warning sign for what Bitcoin network might look when the real pump will begin...

If you still really want to invest by applying this method when buying to invest it in the future, I think that is also quite appropriate for you to do at this time. Moreover, if you yourself don't find it difficult or bothered by this in your own life, of course there is nothing wrong if you continue to do it without stopping with dedication and the hope of better profits through this.

Everyone only needs experience and knowledge to carry out trading, because even though it shouldn't be considered easy, that doesn't mean it should continue to be considered difficult, making us reluctant to do it well. So there is no need to hesitate to do it as long as you have enough knowledge and experience for this, because trading is a job that you can carry out daily, weekly and even monthly by anyone who likes it.

Yes, I agree with you, becoming a trader is not an easy thing to do, it requires a lot of experience and a good understanding of trading because if you don't understand trading well, it is very likely that you will experience failure in the trading that we do.
We must be able to do it consistently in using the DCA method and if we cannot do it consistently, of course this will not make us get little benefit from what we do and it is also important for us to be able to control our emotions when we go through the failures that we do.

There's really that significant difference among the two if we do speak about being a long term or short term holder on which it is true that once you are really that aiming for long term then you wont really be that making
yourself that mindful about the price movements or conditions on short time manner and since you are really that planning to sell for couple of years or something that do talks about every cycle
then this wont really be that a stressful thing on your part, you cant really just that having the hassle on making price speculations every now and then which its comparable into those who are really that loving
to take some short term decision on which you would really be that too mindful about on the slightest detail or happening within the market. Yes, this market is really that totally unpredictable on which there's
no way that we could really be able to tell on where it would be going but with due to those tools and indicators that we could be able to make use then we do have at least that idea on where it could possible go,
it might not be precise but its better to have rather than on not using something at all.

Just make yourself that versatile and really that making out adjustments on different situations that you might face on. You cant really be that making yourself
be perfect on every step or decision you do make on which it would be normal that you do need to make out adjustments if ever you do encounter something against your speculation.

For such reason there is a strategy to not use large sum for investment and also set an amount for emergency therefore you will not be in risk when you need money. If you think that your invested amount will become necessary for fulfilment of your need then i think its not wise to make investment with that amount. Selling of bitcoin is not a bad thing but an appropriate worth and year is must for developing a good strategy and by doing such one will be calm and relax about his profit. Also knowledge about specific event should be must like halving which is the better timing of selling bitcoin.

volatility has both advantages and disadvantages so it's up to you that for what you are using it. Patience is the only thing that can bring a good outcomes for you but Patience can be possible if you utilize an extra amount and leave it for longer time without any change in this amount.

being affected by daily price movement makes a investors  not a Holder because that made you keep looking towards the value of your capital and losses and not the long term value..
we should keep our funds on HOLD , keep buying but only the amount you can afford to lose and try to keep your eyes close in the process , because the more checking of the market is the more we lose our confidence .
DCA for me is applicable for those who are willing or ready in sideways and not just a one way route .
the problem with others are just pretending to be a HODLER but any time the market moves bad? they are panicking and yes forgetting the holding and end selling even in losses.

'Should' is the keyword there, plenty of people are worried about it anyway, I do not understand the logic but there are many long term investors who are not really ignoring the market movements and still end up caring about it and maybe even selling out. I do not get why it's like that, but you need to realize that even long term investors are not really staying rock solid during market movements.

I believe that we are going to end up with a situation that has to be a little bit different when there is long term investment, because if you are a long term investor then you should be ignoring the situation and not really be selling out. That would make a lot more sense and it would allow you to get a lot better on the long run.

Yes, that's what differentiates full time trader with amateur traders and short term investors and all it requires is a proper execution based on DCA and one should not get carried away by temporary market volatility because anyone can be tempted by market situation and may go out of rule for some quick back which might not end well. That's why we say being a trader is not that easy and especially back in the days when trading bots were not widely used to be manual task unlike today and in my opinion if a person is using DCA he or she should never divert from that, I used combination of indicators and was earning decent profit but made similar mistake by getting carried out due to emotions and went through tough time.

Some people who use the DCA method in the investments they make of course have prepared themselves for all the situations they will face and also know the risks they will face in the investments they make so they will not be affected if they see speculation. other people do, they just wait to see when they can get a profit from the investment they make.

When trading, of course we have to be very careful in making a decision because if the decision we make is not right, we will certainly experience losses from the trade.

If you are using DCA when investing in Bitcoin then you should not be influenced by any speculation in the market, you must be able to focus on your goal, that is buying Bitcoin regularly every month with the money you set, whatever the updated Bitcoin price. While speculation is usually used by traders as part of their fundamental analysis, with the increasing number of speculative news appearing, traders will definitely be very careful in making their final decisions to enter or exit the market.

Nowadays, there may be people who sell their Bitcoins because things are not going well economically. Most conscious investors try to keep their Bitcoins and other investments in the long term, but as you said, sometimes we may need money and have to sell our investments.

The volatility of the market allows us to buy the investments we had to sell at the same price or at a lower price. While in general the volatility of the market can be a bad situation, in some cases it can be an advantage.

It's unfortunate that you sold at a lower price, when it would have been worth more today if you had kept it.
If you're selling your holdings it must be because of an urgent need, but if you're aiming for a long-term investment you should be using free money that isn't being used for any other purpose, even if it's urgent, because it really is a long-term investment.

You have to learn from that and Bitcoin fluctuations are quite large and will affect all altcoins,
but believe that Bitcoin will be a safer investment than other altcoins and will provide more benefits than FIAT.
Moreover, we can be patient and hold until ATH is reached, it will provide more benefits.

Yes investors can understand the exact position of the market so they can easily understand the difference in price and hold bitcoins and sell when the price rises. Bitcoin is more popular than before due to its users, supply and demand. As long as it retains the properties associated with money and there is demand for it it will remain a medium of exchange a store of value and another means of speculating for investors becoming a major investment regardless of its monetary value.

It is similar to having land or property that increases in price and people sell it then after several years they find out that the price is like 10x what they sold out and regret not waiting for a longer period. The only difference is that Bitcoin price is fluctuating comparing to FIAT. I myself kinda regretted selling few mBit at $26k few weeks ago but I needed it at that time so I don't have anything else to do but definitely I am holding whenever I could and as long as possible. People should trust Bitcoin regardless of the heavy market fluctuations..

It all depends on each individual, for me the impact of Bitcoin speculation that is different from my speculation will have a big impact on the Bitcoin investment that I make, sometimes I make mistakes because of panic which I end up regretting.
Even though I have experienced it several times, it cannot be denied that different speculations have had a big impact on me, be it positive or negative.

Therefore, it is better to invest according to the knowledge we have or the confidence in the speculation we make. Everyone will certainly be careful in investing, but if knowledge is still minimal it will be very risky.

If we choose other people's speculation and experience failure with that speculation, it will certainly be very detrimental to us and we also have to re-learn about speculation so that we don't make a mistake in deciding to take speculation that is suitable for investing. Using the DCA method will certainly be very beneficial if we have passive income. We can use this method. Yes, you are right, we must always be careful in making investments so that we don't make a mistake in doing it so that we can suffer losses from the investments we make.

No, he isn't asking for our prediction but he is asking about the impact of speculation. I think doesn't only mean our own speculation but also the others as well. Your speculation might be positive but what if the majority is negative? I guess that will still affect us negatively. Also, he isn't only talkin about the DCA strategy but others as well.

DCA is continuous buying, so we may stop it for a while if we are not in the mood but other strategy such as all-in, can still be done since it is only being done rarely. In investing, it's important to be careful and invest only what you can afford to lose even if you are too confident because the market is still very unpredictable.

My prediction for Bitcoin's price is that it will reach or break the all-time high next year. Because this is a positive speculation, it will have a favorable effect on my emotions. This is based on my analysis, and I am confident that it will unfold as shown in the chart.

DCA is fine but not the best; if you're good at analyzing, I believe the best strategy to maximize your reward is to figure out the lowest bottom and invest all of your funds at once. DCA is, in my opinion, the finest technique to protect your investment, which is why many investors still use it today.

However, despite of the fact that no one holds the future price of bitcoin, there are still some reliable market speculators that based their predictions from their past experiences in the market. And for me, it’s something that we should also try to consider as history can bring much effect on the present and on the future even if at some point, history do not repeat itself.

At the end of the day, it’s still best to rely on our own market predictions and just do DCA everytime there is spare money to invest, most especially when the market is showing a bearish market price wherein we can maximize buying some coins at its perfect market entry.