Topic: Impact of bitcoin price speculations on individual bitcoin holding - page 6. (Read 966 times)

DCA is meant to average your buying price to your general holdings so experiencing price dump after your purchase is not a complete since you are expecting that it will happened that’s why you pirchase by batch in different price level.

Price speculation is least of your concern whe you do DCA strategy since you will purchase whenever your target hits regardless of what’s happening in the price since you have a long term goal when you use DCA.

There's more to talk about with bitcoin market impact on our experience in dealing with the market speculations, there are many things to consider while making determination on what tools we are to use in making such decisions with bitcoin, this also lies on how we can speculate bitcoin market price, study the chart, research on previous years and many other indicators that could help us have better results through our speculations, if we make use of them the right way, we are going to have a better experience in what we do, some have started small but amassed into many because they understand the pattern to accumulate bitcoin and properly speculate to the best of their interest.

I DCA at the end of every month. It is the safest and most convenient way for me to buy at any price without any pressure. I do not care if bitcoin's price keeps falling or if it reaches $40000. My aim is to have as much satoshis as possible before the halving.

While some people may not prefer DCA for various reasons, I feel it is what works for me. And I'd do what works for me. We will all make gains from bitcoin. For some it may be big for others, it may be small but profit is better than no profit. The only people who lose are those weak hands who sell because of Fear, Uncertainty and Doubt. Those are the real losers.

Despite the fact that we cant take speculations as model for decisions making while making purchase of cashing out our Bitcoin in form of it DCA valuations, market speculation have always make the largest portion of our decision making indirectly influencing us daily and redirecting our thoughts to match up with the reality of the market and as to how and when to make decisions, although sometimes some of those speculations may be false but those have contained accurate data's and figures could work in other assets  but not in bitcoin since Bitcoin doesn't  follow any market pattern repeatedly.


So to survive with bitcoin DCA speculation you may have to rely so much on luck to be able to predict the right directions the market will take and plan to hold your bitcoin for the long term base instead of short term approach, we agree that there have been a lot of speculations around the media, predicting $100k BTC market price in 2024, but we have to also have it at the back of our mind that bitcoin is full of unpredictability so for that we may have some challenges trying to predict or relying on Bitcoin future price speculation.

I believe it is a technical analysis and fundamental analysis that have been used by market speculators to take a position in the market.  Those who do DCA just wanted not to miss out on the opportunity and do not rely entirely on the TA since they don't have calculations on entry and exit points and just buy whenever the price dipped to average down their entry points.


Bitcoin market speculation of other people does not have an impact on me since I rely on the current news, updates, and sentiments of the market.  I somehow look at the price predictions of Technical Analysts to compare my understanding of the Bitcoin market Fundamentals.

For me Bitcoin market speculation is just a guess that we must not get serious with unless it has valid backing and is throughly thought off, but if that is the case it won't be a specluation anymore but a prediction on some grounds of analysis.

Depends on what position you are into and if you are going for long term holds then you could really still able to do such thing about having that DCA or buying more on the time that the price plummets or do make out some correction.How much more into those people who do make out short trades and having that negative because of that peak entry point? For sure you would really be considering
on taking up some DCA to lessen out that kind of losses which you had commited earlier and lessening out via doing DCA but of course this isnt something that anyone could do since not all would really be having the money on doing so. This is why it would really vary on each person on what are the decisions that they would be making whether they would be sticking into their plan or would really be making out some additional steps or movement so that they could be able to take advantage on whatever market conditions that they would be able to encounter.

Speculation will indeed be very influential. I also think that Bitcoin will reach $100k in the upcoming halving, everyone seems to agree bitcoin ATH will peak later. Some speculation that is done will have an effect, but the FUD that is spread will also prevent Bitcoin from continuing to rise. There will be a lot of FOMO and FUD that will emerge ahead of the Halving, we have to be prepared for everything. We only need to buy and hold, then we will enjoy the benefits.

I mean price speculations at the end of the day are just speculations it wasn't really accurate in you cannot relay on it even though it came from any kind of sources, if you could just accurately predict the market then you don't really need to do anything you just need to buy and buy. What I always recommend is to increase there buying power I mean most of them are probably affected there DCA if they have some kind of speculation on the market. I mean if you predict that the market price is going to skyrocket at this date then your going to increase your buying power and then going to buy more Bitcoin so that the profit you're going to make in the end is going to be higher. But if its the opposite then you probably going to buy in your normal way since your dollar cost average you always buying like every week or month. So you can set a regular amount to buy Bitcoin every time or probably you could make it lower since you expected the market price to drop lower it to 50% so that the other 50% you could easily reserve so that you could buy more when the market price already dropped.

For sure the market price is just full of speculation and its actually why the market price skyrocket because investors are speculating that the market price is going to reach like for example 100k$ if that specualtion circulate online that could easily trigger the market especially if there are a lot of evidence that it might be throught something like the Bitcoin halving.

You made a very good point in your analysis of the best DCA approach to use in preparation for the next bitcoin halving.


But then what i noticed in you overall views on DCA is that, you seem to focused on a single market trend in your presumption of the best DCA trend and you have only pointed to DCA on the line of buying all the way down abd what the base price that is best to take discount buy which you point at the bottom being 20,000.

DCA is a double-edge approach and it can play out in whoever direction depending on the individual positions on it, you are correct on the point that, those who bought Bitcoin when the price was $30,000 are at $ value lost right now, but then also what about those who were able to speculate right the market and have DCA from BTC-$ at BTC$30k, i guess those set pf market speculators are at gain already and have enough liquidity to buy more Bitcoin units with the USDT in possession.


So the market is like gambling, while some lose, others gain it all depends on the angles you approach the market from and your risk assessment level.

As long as the price is still considered low by me for example in the range of $20,000 to $30,000 then I will continue to do DCA without being influenced by other speculations. This is erratic but I always think about the DCA road plan to keep going for a week/month when I can.

Sometimes with this speculation there is also a little influence like now is an example when bitcoin was long in the $30,000 range for months and then now fell to $25,000 of course at this discounted price want to buy more at once instead of DCA, but I don't think it will be forced considering the finances are not enough to do this.

As long as we don't sell at a time when there is a lot of speculation that bitcoin will fall, we will panic and sell midway.

I do not DCA. I mean buying every week. I only prefer to buy at low price for now. I am still expecting bitcoin price to fall to $20000 once again. But if bitcoin price did not fall below $20000 and it is getting close to halving, that would be a good time to buy.  

DCA can not pay for now for those that bought at $30000, but those that continue to DCA and wait till 2025 will make enough gain from bitcoin holding. Bitcoin has stayed above $30000 for a long time before falling, people that DCA around that price are losing now, but not loss if they do not sell their coins, they should continue to DCA which will bring the price for profit making down below $30000.

Bitcoin price speculations is one of the market tools used by market speculators to take position in the market and in doing that DCA evaluation is the market calibrator used to determine what direction their approach will be either to take profits or buy during the discount level.


This tool has made our journey in Bitcoin accumulation smooth and rough at the same time, but the impact of the reality of this approach is equal to individual positions when taking that approach to define the market.


So my question is, what has been the impact of Bitcoin market speculation on your Bitcoin/DCA approach on the Bitcoin accumulation journey?