Bad news.
After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.
I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.
@mindrust, you know my take on this one I guess..... If you are willing to buy serious amount of your personal wealth, then why wait to spend this serious "FULL" amount on below 8K prices when we have just seen (are at) 9.4-10.1K-ish prices?
Also if it would reach around 8.5K and maybe go lower maybe not, when and decided by what are you gonna start buying, you just have prices in your head when you gonna buy no matter what, or at those prices you gonna make price speculations again and try to gamble the prices again there?
Cause we all know
BTC, when its at the price when you start thinking i'm gonna buy just a little lower...... yeah then F*** t pumps straight up before you even had the chance of buying .....
From the serious personal FIAT.... buy 50% now and gamble the rest for lower as low as possible prices ?? Or am I wrong? The FIAT is there doing nothing so
I feel that's the right way to pass the time.
If I was full in BTC, it would feel like hell to watch charts and listening to the any short term bearish predictions from the noobs like mindrust (that's me).
I originally invested %25 of my total networth in BTC since 2016 by DCA'ing and I'll keep doing it. I bought when it was going downwards just as it was going upwards.
The chart I've been speculating on is not an investment advice and It affects me and my buys less than %10.
I'll be DCA'ing till I reach my end goal no matter what the charts say that's my solid 1st rule.
My second rule is, if it is too cheap, just buy more. That's where the charts kick in.
Now the more the time passes, I am starting to understand my decision better and why I started like this. If I was full in BTC, I wouldn't like to listen to my predictions neither.
edit: From December '18 to May '19, I increased my BTC stash by %50. If that's not a win, I don't know what is. Since May I slowed it down.