Pretty much what we’ve discussed here ourselves, including the numbers there.
What do you think buddy, what’s your estimated top of this coming bull run?
I feel a little bit more bullish than that.
In mic's contest I voted for 25,000 by halving. This means ATH before halving, this is going to be a little bit stretchted seeing where are we stand right now.
However, we know how it happens: slowly at start, then all of a sudden.
This can be achieved if there's a daily gain of 1.1% on the BTC/USD price.
Not impossible, but if it happens, it will probably be as you say, slow --> sudden. Regardless, I think 2020 will be a good year for Bitcoin, with 2021 breaking 6 figures. The main thing is not to reach it, but to sustain it.
I'd say, keep HoDLing throughout '20-'21 at least.
This is fine.
Don't mean to be a party poop..... well maybe I do?
What if the BTC price shoots up to $85k-ish by the end of 2020... but then corrects back down to $25k for the duration of 2021 and maybe into 2022... then what are the HODLer "waiting to sell some BTC" peeps gonna do when king daddy does not perform up to expectations?
Maybe they start to feel that they did not sell enough BTC on the way up to $85k-ish? or they did not sell any?
and then they feel that they missed the opportunity, again?
Maybe even having to wait a few more years for the next price splurger into 2023-25--? who knows... patterns can be broken, no? Perhaps? Perhaps?
You'll never be a party poop JJG. You know that.
Well, there's always a risk. Maybe assess the situation at the time, see how far you are from your "moon", and sell a percentage of your stash? Like 10%? 25%? Or even 50%? You're still a HoDLer. Depends how you observe it. Look really closely and you'll see ups and downs and wild swings and chaos. Move the camera far away and you'll see a nice uphill path, with the occasional valley, but you'll know where it's heading. Unless it all goes haywire due to some unforeseen "extinction event". Still OK, as the investment was always "as much as we could afford to lose" anyway.
It's fine by me. Can't guarantee anything, but I feel a kind of certainty that no fiat investment has ever given me. I felt this when I understood how Bitcoin works. It was a kind of revelation for me, and I felt sick to my stomach when I realised how much time I'd lost. It's talking to us. Through LoyceV's graph, through the price charts, through Satoshi's paper, through BT posts. It's everywhere. And it's expanding.
Its just the flu bro.
