Strap on your big boy pants, the next 18 months are going to be a wild ride, $250,000 in play!
Bear!!!!! 26 days until the halving, BTC doing well at $66,3xx as I type this.
I hope the Grayscale selling is getting close to exhaustion.
These 4 year cycles are long and tiring but we’re about the enter, what some might say the good bit. 50 - 75% of the four year cycle is spent either going down or sideways. We’re finally close to peak bull time, boys.
Strap on your big boy pants, the next 18 months are going to be a wild ride, $250,000 in play!
Grayscale have sold over 41,000 BTC, which would have ease the redemption request by Investors. Checking there recent possession they still have
350,252.0063 BTC.
We just need to prepare and keep watching, but I don't think bitcoin would bounce anytime soon, I take this time for accumulation.
Mike Novogratz saying it will take sometime before bitcoin recovers to $73,000 at the International conference of Bitcoin investors is intriguing. 🤔
Don't let dweeb manipulating twats like Noogratz talk you into believing that BTC prices might go down or sideways before they go up, which may well end up resulting with you either failing to buy enough coins or waiting for such downity prices (hopefully you are not so retarded to sell) and then they downity or sideways ends up not happening.
We have seen those kinds of supposedly know it all expert twats express their overly certainty and expertise too often and end up not knowing shit.. so don't get caught up in their nonsense.
Sure, no problem to prepare for either price direction as long as you are sufficiently and adequately prepared for up..
The peak bull time may occur 266-325 days from now that should be around December - February 2025.
Again.. more bullshit.
Sure the peak might happen early.. what the fuck you trying to do, sell the top? You been in bitcoin (based on your forum registration date) for a mere month and you are trying to figure out the top?
Good luck with that.. you are going to need it.
The smarter idea is accumulate the fuck out of bitcoin to the best of your abilities for 1 or 2 full cycles before you start fucking around with trading.
Of course, if you have come in earlier and you have a lot of money to front load your investment, and establish your BTC position 15% to 25% of total investment portfolio within a few months, then yeah, you might be in another kind of a game.. otherwise, it takes a whole fucking long time to build up an investment portfolio.. .. including bitcoin, which happens to be amongst the best (if not the best) investment known to mankind, and even those who are able to stock up a lot at once probably should not be fucking around with trading it..
Another exception would be someone who largely is already at fuck you status or is able to transfer the equivalence of fuck you status into his bitcoin holdings, and if he thereafter wants to employ various kinds of raking and/or sustainable withdrawal strategies as I describe
in my thread on those topics, then those kinds of guys who have accumulated enough BTC and most likely more than enough BTC, would be in a position to sell bitcoin after buying it.. but they still should not be fucking around trying to trade the top.. except maybe within some reasonable guidelines as I also outline in my sustainable withdrawal thread.
Of course, there are guys who think they know better and they are always fucking around with trading.. perhaps including that twat Novograts who tends to lie to others in order that he can pump some of his nonsense shitcoin talking points (ideas).
Everyone should fasten there seatbelt for the great ride, buy and hold more.
Ok. that part is correct.
What I care most for now is just having a nice portfolio and keep applying DCA. Because, I know the market is in corrective move and a long term speculation pays off.
That part is almost correct too, but I would hardly call this market a corrective move.. Yeah, we had a top of nearly $74k a couple of weeks ago and we had a bit of a pull back, but so far we have not even bounced out of no man's land which largely means we are both in a bullish location but we are also in a bullish zone too, and yeah nothing is guaranteed, but expecting any more dip than we already have had may well end up being quite problematic for your own finances and psychology and also towards anyone else who you are presenting bitcoin in such price-skeptical ways.... and surely at the same time, we don't know, but each of us still has to make sure that we are sufficiently and/or adequately prepared for UPpity and including letting others know as well, since getting started sooner rather than later is likely a good thing for the no coiners and the low coiners, if you might know any in the real world or otherwise.