For most they can skip the analysis part and just head straight to buying some as long as they fully understand the fundamentals. Analysis is a fancy word for looking a charts and making conjectures based on that, you could or could not be right, what is almost guaranteed is that Bitcoin would outperform the current price if you hold long enough.
DCA and hodl.
Topic: The low support level may still be tested during 2023. - page 6. (Read 660 times)
I really wouldn't be surprised or disappointed if bitcoin price tests the low support below $20k again in 2023 (but I'm sure it won't). Even though bitcoin is still trading above $24k at the moment, the possibility of a drop cannot be ignored. I don't think prices will hold well over the next few months, so of course I need to set up a budget to plan my purchases and build a strong portfolio.
Don't panic, do some analysis and collect some bitcoins if you have more budget. I will be doing this for the rest of the year and hope it will benefit me for years to come. Don't sell at loss, that's good advice for anyone holding it so far.
Don't panic, do some analysis and collect some bitcoins if you have more budget. I will be doing this for the rest of the year and hope it will benefit me for years to come. Don't sell at loss, that's good advice for anyone holding it so far.
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