I need to buy me a car and a new PC
price better fucking go up soon
Are you buying NO MATTER what or are you waiting for a certain BTC price to trigger your purchases?
I should be able to survive without it for a while but I hope bitcoin will go into a bubble soon and I would buy at about $5k/btc
Almost 100% of my holdings are in bitcoin so I rather not buy when we are at the bottom
We may hover in this $550 to $800 range for a few months - maybe even up to a year... You can wait that long?
I believe once BTC prices go past $850 (so long as it occurs in less than a year), then BTC prices will likely soar into the $3-5k range.... I don't know if you can bank on $5k taking place, though, within that next bubble. On the other hand, if we do NOT see $850 prices within the next year, then we may have to reconsider our BTC price model.
Another set of questions? Do you NOT have a fiat income flow? or are you leveraged? b/c I tend to always have some fiat ready to buy more BTC (and sometimes I get anxious about how much fiat I am holding b/c i would rather be in BTC - and accordingly, I tend to buy more at the beginning period of receiving the fiat.. especially when I perceive these BTC prices as low)--- and then as more fiat comes in, then I allocate a portion towards BTC... and then I would buy BTC over that time-period, until I expect that the next fiat is expected to come into my account.
I guess I will have to wait that long then cause I don't wanna spend more then 1 coin on a car, I still think we could see a bubble october or november though. And I have a little bit of fiat left that i'll probably fund a new comp. with
As for fiat income, I have none unfortunately cuz i'm still studying and i'm not leveraged either.
I would put in probably like 50% into bitcoin if I had income though. Feels good to have fiat just incase the price would drop alot.
Gonna sell on the top of the next bubble too and double or triple up my bitcoin holdings.. or atleast that's what I hope and plan to do
How much of your total income do you put in bitcoin btw?
These are all great plans, if you can time them more or less in the ballpark.
NONETHELESS, you seem to be in a much better position if you are ONLY trying to time the big price swings rather than attempting to time the day to day or attempting to time on a short-term basis.
Therefore, if we can attempt to figure out where is the trend line, and are we above or below the trendline. Currently, I would put the trendline at between about $900 and $1200 - however, I know some people will put the trendline much higher than that, and others would put the trendline lower.
I am fairly disinclined to make any big sales below the trendline, but I am fairly happy to make purchases below the trendline.... The opposite would be true if current prices were above the trendline
