Topic: The re-accumulation period is in - page 2. (Read 654 times)
Averaging in over time is fair enough but it requires a deep enough budget to maybe last 24 months even, depends on the asset but something like Gold has a time scale of about a decade in my estimation. Bitcoin, crypto is oppisite to dollar to the global reserve system based on FIAT and its possible it also is a very long term requirement in holding though it appears to spike more often. If we are talking about buying in this way then its that long term underlying trend that is being attempted to capture with a monthly buy, people do the same with stocks and index funds.
2) Huge updates coming for Bitcoin, start reading on this for instance: https://arxiv.org/abs/1905.10518
That's bullish for those who are genuinely interested in Bitcoin. I doubt most people here have a clue about what upgrades Bitcoin will undergo in the forthcoming years. Most people focus on 'when moon?' Anything beyond that is unknown territory and for that reason will avoid dabbling with it.How much are you buying monthly?
I'm more of a so called smart buyer. I follow the trend and utilize it to the best of my ability. I plan to accumulate somewhere between $7000-$7500 and increase each entry point the lower we go. I did the same during the crash from $6000 to $3000 last year. While people don't dare to touch Bitcoin, I am a happy satoshi stacker.This discussion should be on Bitcoin Discussion bro, I don't see we are talking about economics here, just saying...
If you want this thread to turn into a spammers cesspool then definitely move this thread to Bitcoin discussion. 
The moonboysa re the ones that came last and pump the price to insane levels. The smart people are starting to buy now, while learning about all the good news regarding the tech. I was really hoping to retest $3000 again and get myself a big chunk but I may be starting to become biased and deluded with a perfect entry. Im once again trapped in this feeling of wanting to buy now, but a part of me tells me to keep waiting, because we may see another dump. This is how I lost $3k entry point last time on Dec 12th...
most are joining the cryptotalk bounty already, i guess this isn't just the accumulation period by trading, this is also how much you earn and keeping thru the signature campaign. the period i guess will take months to probably a year so its time to really roll their sleeves and start reading charts buy at dips. i'm certain there will be big dumps but will suddenly back up in brief instance so waiting that moment will be something of a christmas sale.
Likely this is an accumulation period, when a long boring season since no is buying could probably be a perfect opportunity. People will only start to react when they see a price fluctuations, but we must be always cautious to avoid traps.
Agree and I believe, this is still an accumulation period. I do believe that anything under $10,000 dollar is a good buy. A good technique is to buy in staggered basis,and always on the look out of prices movement so that you can act when an opportunity comes.Now price returns to to $8,000, which is a slight recovery from several days of being bearish.It means there are still buying and investors still accumulates.
Excellent Representation and comparison with Bitcoin Halving. I think halving as usual could have an effect on btc prices and it seems absolutely genuine because with a change in the supply and reward of BTC a change in price is obvious because the supply has contracted even further while the demand is still never sleeping.
It actually goes the other way of the other way, that is, in the original direction toward prices rising (long-term) due to forthcoming halving. I don't think that miners play a significant role in Bitcoin price formation. However, if they do (in some mysterious ways), the halving of the miners reward could in fact be considered as a positive circumstance for Bitcoin since it is assumed that miners can somehow influence the price. Obviously, if their reward goes down, they will be highly incentivized to push the prices up
Whether it is actually so is subject to discussion
No they don't play a major role in price formation of BTC instead they are the ones most affected by the price movement in BTC because only if the price of BTC goes up makes a chance of miners rewards rising up.
As for halving, it is far from the fact that the price will rise, halving can play the other way, given that the hash rate is constantly growing, and the reward to miners will fall by two
It actually goes the other way of the other way, that is, in the original direction toward prices rising (long-term) due to forthcoming halving. I don't think that miners play a significant role in Bitcoin price formation. However, if they do (in some mysterious ways), the halving of the miners reward could in fact be considered as a positive circumstance for Bitcoin since it is assumed that miners can somehow influence the price. Obviously, if their reward goes down, they will be highly incentivized to push the prices up
Whether it is actually so is subject to discussion
As for halving, it is far from the fact that the price will rise, halving can play the other way, given that the hash rate is constantly growing, and the reward to miners will fall by two
It actually goes the other way of the other way, that is, in the original direction toward prices rising (long-term) due to forthcoming halving. I don't think that miners play a significant role in Bitcoin price formation. However, if they do (in some mysterious ways), the halving of the miners reward could in fact be considered as a positive circumstance for Bitcoin since it is assumed that miners can somehow influence the price. Obviously, if their reward goes down, they will be highly incentivized to push the prices up
Whether it is actually so is subject to discussion
I'm still buying altcoins every week with everything I have to spare as I think the same , we are into the re-accumulation period and this might be our last chance to purchase some altcoins a this cheap price. For those who are saying that altcoins are dead , I think most of them are but the rest of them , who are having some history here, are just hibernating at this prices, so if you're not buying you might miss a good opportunity to make some nice profits as we didn't have a altcoins season since 2017 and even then was not so strong. Just saying....
As for halving, it is far from the fact that the price will rise, halving can play the other way, given that the hash rate is constantly growing, and the reward to miners will fall by two.
I think that before halving there will be a strong dump of bitcoin and, as a consequence, of the entire altcoin market, and not earlier than in a year we will see the consequence of halving in the form of growth.
By the way, I buy about 0.02 bitcoin per month.
I think that before halving there will be a strong dump of bitcoin and, as a consequence, of the entire altcoin market, and not earlier than in a year we will see the consequence of halving in the form of growth.
By the way, I buy about 0.02 bitcoin per month.
this chart not prove anything, cause TA is not working for crypto, cause there are small number of whales, who rules the market..
also there are other parts of the chart, which not correspond with what have wrote in the first post
but I may be totally wrong
also there are other parts of the chart, which not correspond with what have wrote in the first post
but I may be totally wrong
Likely this is an accumulation period, when a long boring season since no is buying could probably be a perfect opportunity. People will only start to react when they a price fluctuations, but we must be always cautious to avoid traps.
accumulation period and perfect oppurtunity ? but why no one is buying ? the dip is already long enough but why the value of bitcoin and most cryptos are still down ? they should up in the first place if you and op are telling the truth .
There are buyers but they do not buy aggressively. It is accumulation period, meaning they will put buy wall and will wait for dumpster to sell their coins. It is the battle of who is more patience thus we can see almost minimal fluctuation on the price or a fluctuation on a certain range.
I agree it's the best time to accumulate and buy more. Some of us let the miss the opportunity to buy and then regret when the price gets better. There are lots of successful investors these days but that's because they're always willing to take all the risks.
thats always the case that happen . people dont use this golden oppurtunity to buy but when the price pumps they are only good at complaining saying they miss the train or if they could only turn back the time . with the current state of the market i dont think that there will be succesful on this duration . success mainly comes if the market is healthy because thats the time people can sell huge for profits .
Success is not a product of one event. It is the result of continous event where the one who became successful overcome all the hurdles. You cannot sell at a huge profit if you do not buy during the dip. When it comes to people hesitating to buy during accumulation phase means ordinary people are reactive of the sentiment. When it comes boring they just ignore it, when fear of dump, the immediately sell and when the price goes up, they tend to buy more.
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this is still an accumulation period. I do believe that anything under $10,000 dollar is a good buy.
But over what time period is it a good time to buy. I agree generally we could see above 10k again but will it hold above there and how long till it stays above 10k for months properly is the more interesting question. I guess the quick answer is we reach over 10k when approaching halvening next year.
I'm not sure we stay above 10k for 2020 and thereafter. It might be we just reach under 10k at the peak of the next year and thats probably a more bearish scenario then many expect but its possible. Or we could also pass 10k even before this year over and that I would rate as the most bullish scenario because I'm expecting more weakness before any recovery in time for halvening event and possibly some weakness after it as well.
The cryptocurrency market is very unstable, generally. The market at this very moment is bearish which makes it a favorable time to purchase cryptos as the prices are pocket-friendly. Currently, I am buying cryptocurrencies that I can use on a daily basis, such as steemit where i have a blog that has managed to amass a large following - I teach and educate my followers on latest blockchain projects and the latest trends in the crypto world. buying the platform native token allows me to operate efficiently and expand my capabilities to satisfy my followings expectations. I had a goal of accumulating 1000 steemit at the time the prices were $0.5 and now they are $0.13 thats 5 times less than a few months ago - this is an accumulation point for me with my left change 
You made a really logical, wonderful analysis. I agree with your opinion. I also think that in this re-accumulation period, altcoins will rise and bitcoin dominance will relax, because when I look at the bitcoin dominance graph, I see a descending wedge formation. so I think bitcoin dominance will drop to at least 66% in the next 15 days. Then we will watch the rise of bitcoin for a long time.
So what happens to the altcoins when in the bitcoin bull run? I have no idea.
So what happens to the altcoins when in the bitcoin bull run? I have no idea.
Some people never stop buying, I have met a person who literally has a automatic purchase of bitcoin every month on his credit card, he uses a website that withdraws 100 bucks from his credit card every month to buy bitcoin automatically. As long as people like that exists we are going to be fine in the long run.
If we program it down now, and then bitcoin suddenly rose at the time the card was programmed to purchase, would the card not go and buy at a peak period which will eventually backfire for him and defeat the objective of its long term investment, and even as a long term investor, there should be a time that one must break the investment to later continue, as in when bitcoin reaches its new all time, high, it would be unwise not to withdraw it and keep purchasing.
Likely this is an accumulation period, when a long boring season since no is buying could probably be a perfect opportunity. People will only start to react when they see a price fluctuations, but we must be always cautious to avoid traps.
Agree and I believe, this is still an accumulation period. I do believe that anything under $10,000 dollar is a good buy. A good technique is to buy in staggered basis,and always on the look out of prices movement so that you can act when an opportunity comes.Now price returns to to $8,000, which is a slight recovery from several days of being bearish.It means there are still buying and investors still accumulates.
Likely this is an accumulation period, when a long boring season since no is buying could probably be a perfect opportunity. People will only start to react when they a price fluctuations, but we must be always cautious to avoid traps.
accumulation period and perfect oppurtunity ? but why no one is buying ? the dip is already long enough but why the value of bitcoin and most cryptos are still down ? they should up in the first place if you and op are telling the truth .
I agree it's the best time to accumulate and buy more. Some of us let the miss the opportunity to buy and then regret when the price gets better. There are lots of successful investors these days but that's because they're always willing to take all the risks.
thats always the case that happen . people dont use this golden oppurtunity to buy but when the price pumps they are only good at complaining saying they miss the train or if they could only turn back the time . with the current state of the market i dont think that there will be succesful on this duration . success mainly comes if the market is healthy because thats the time people can sell huge for profits .
Likely this is an accumulation period, when a long boring season since no is buying could probably be a perfect opportunity. People will only start to react when they see a price fluctuations, but we must be always cautious to avoid traps.
I agree it's the best time to accumulate and buy more. Some of us let the miss the opportunity to buy and then regret when the price gets better. There are lots of successful investors these days but that's because they're always willing to take all the risks. Bitcoin's volatility isn't controllable so we must learn how to deal with it and handle our emotions well.
Some people never stop buying, I have met a person who literally has a automatic purchase of bitcoin every month on his credit card, he uses a website that withdraws 100 bucks from his credit card every month to buy bitcoin automatically. As long as people like that exists we are going to be fine in the long run.
Bull sentiment is always in crypto people. They never think that bitcoin will die, the people who think like that are either haters of crypto or people who lost waay too much money. I have met with many of them who bought 100+ bitcoins at its peak and then sold when they lost money. That is why I think even when price drops people are not giving up on bitcoin, they never will they just think this is a bear season that we need to wait out and eventually we will get back to high prices again.
Some people never stop buying, I have met a person who literally has a automatic purchase of bitcoin every month on his credit card, he uses a website that withdraws 100 bucks from his credit card every month to buy bitcoin automatically. As long as people like that exists we are going to be fine in the long run.
Some people never stop buying, I have met a person who literally has a automatic purchase of bitcoin every month on his credit card, he uses a website that withdraws 100 bucks from his credit card every month to buy bitcoin automatically. As long as people like that exists we are going to be fine in the long run.
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