This time I was 100% sure about the drop if we reach 9900s. I even asked how to claim my forks so I can sell all I have. But not had the balls... Now we going down to hell... Could have been the chance to double the coins. But now it's too Late, dont have the balls to sell now too, even though
I am sure we go sub 8k or more
Even though you might be "sure" about something, that hardly means very much in terms of what honey badger is going to actually do.
As I said, I am sure. For me. Does not mean it really will happen. But I watch all these pumps and dumps for 6+ years now and you start to get a feel for it. I tried trading once in 2016, lost 0.4 coins and never did again. But this time I was really sure that it will drop from 9900s. We see this pattern for weeks.
Fair enough.
One of the tricks would be to stay consistent with the passage of time with what you "see", so surely if you can continue to see and don't get totally reckt at some point, then you might be onto something with your visions based upon experiential feelings. Good luck with that.
You will likely need it.Yeah based on my gut. Thats why I dont had the balls. I never had good luck with "quick cash" things. Thats why I am in hold mode for 6+ years. And will continue. But if we ever reach 50k, I cash out maybe 20-50% of the holdings and start enjoying life a bit
Yeah, but what if we never reach $50k? You are not going to be able to figure out a way to enjoy life with less than 5x performance from here?
Also, if you have been HODL-mode for 6+ years, then you have a similar start time as me, and surely you have had opportunities to accumulate BTC.
I understand that any of us can make mistakes in BTC and maybe NOT accumulated enough, but even if we had DCA'd at $25 per week for 5 years, we would have around 10BTC,
We can see that
in the dollar cost averaging (DCA) charts.And sure some people maybe have accumulated more BTC than the 10 BTC or so and some may have accumulated less, but if we do not believe that we have enough BTC based on what we had done in the past, then we just continue with DCA - whether BTC reaches $50k or it falls short of that price, we should be able to figure out some kind of plan to profit from BTC without having to rely on visions of down and perhaps engage in silly acts that might end up in either not buying BTC on a regular basis or maybe even selling BTC and hoping to buy lower, which would also seem to be risky rather than just continuing to DCA and perhaps buy on price dips from time to time.
By the way, a large number of investors have to spend 30 or more years to build up a decently sized amount of principle, so I am not sure how long you had been investing prior to bitcoin, but even 6 years of investing would be a very short time period to be expecting to just retire or whatever you are thinking, so I don't really see any problem if an investment plan might take longer, even if you have decent amounts of your investment allocations in bitcoin.