If I say that the price should dip because I want to accumulate more , I think am being selfish, the price upward movement was meant to favour some people, so if I did buy then, there is always an opportunity to do so that's if I am a serious investor, it doesn't really matter where I stands now, what's matters is the market drive, my stands is not what causes the market to appreciate, so I shouldn't be bothered about my stands, I should be allow the market to take it course and move freely.
What we should be doing now is to get prepared for the next dip season which is inevitable so that we won't miss out again, though we dont know when the opportunity will come again but for sure it will hence bitcoin remains a volatile asset.
Topic: Where do you stand (Read 161 times)
Question
Honestly, I consider myself as yet a late investor who still has a long way to go accumulating good portions of Bitcoin, my approach to accumulating Bitcoin seems slow due to my source of income, so It's like being stuck in the middle but since it's beyond our reach to make it happen we just observe and use every price mark to our own advantage.- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of. - Also have you taken all your profit or you are taking bit by bit or still HODLing all?
Actually I took most earlier since I had expenses to cover though I have some left
I haven't taken any portion of my Bitcoin, I want to keep adding even more not deflecting my investment. This could be the need as to which we advise every one to keep aside savings or emergency funds so we don't have to touch our Bitcoin portfolio all in the name of solving problems.
Whether you are a late investor or am early investor I think it really doesn't matter that much because even some of the early investor sold off their huge Bitcoin because of the lack of discipline to saving your Bitcoin investment.
The thing about saving your coins is that some person go about not fully equipping themselves with the measures that are necessary for having a successful investment which are having double source of income, will power and also a strict mentality so to enable you jump pass some unnecessary expenses.
It is helpful having a double job, likely not compulsory as long a single job can provide all these. It goes beyond that, the mentality must be there first then all measures will be put in place.
- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of.
So shey you don dey buy now abi you still dey expect say the price go drop?
[/list][/list]
We are aware bitcoin halving is close by, here is an estimated date:
This month bitcoin has hit a new ATH up to like three times with the last being $73,737.94 source: conigecko , before the recent dip, getting to a 24hrs low of $64,866.30 before climbing to $68,484.91
Some of us might bitcoin to continue to price to continue to raise and possibly hit another ATH before halving while some of us will be grateful for a dip in order to accumulate more.
Also while some investors have begin to take profit even from the first ATH hit this month while others have been taking some percentage bit by bit in order not to have a feeling of regret if the price increases higher.
Question
Some of us might bitcoin to continue to price to continue to raise and possibly hit another ATH before halving while some of us will be grateful for a dip in order to accumulate more.
Also while some investors have begin to take profit even from the first ATH hit this month while others have been taking some percentage bit by bit in order not to have a feeling of regret if the price increases higher.
Question
- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of. - Also have you taken all your profit or you are taking bit by bit or still HODLing all?
Actually I took most earlier since I had expenses to cover though I have some left
Op it's not a matter of where you or I stand, it's a matter of institutional plays, historical data and price action.. but I really think $BTC will retrace to around 55-59k region pre halving. Before gunning for major highs....
Where I stand right now doesn't really matter a lot because whether we like to accept the fact or not, we are members of the Bitcoin community and will experience the halving together, with or without BTC HODLings.
I would opt for HODLing till after the halving being that it is the first am to experience and after that I can DCA to my satisfaction for a good duration, be it if the price dips or pumps higher.
I would opt for HODLing till after the halving being that it is the first am to experience and after that I can DCA to my satisfaction for a good duration, be it if the price dips or pumps higher.
This whole discussion is like I will always say that... The will of man is not the will of Bitcoin.
But anyhow, lets be some little sentimental with the market condition in this case.
So, I am standing with the continues rising of the market price because it feels emotional to had made count of $73K and still returns back lower. My thought was if the halving can be boycotted and let the market just keep rising until we approaches the bull-run and the new ATH.
OP, talking about how to sell you Bitcoin before the halving as a systematic way to justify your holdings by accumulating to the best as you wanted, you know... I can tell you that no investor would ever reach the actual height of accumulations they have ever wanted instead they either pauses or stops at the highest point they can go.
If you ask me, I can tell you I wanted to accumulate over 20million Bitcoin from the total of 21 million of Bitcoin in existence and then you all can stress on with the remaining 1 Bitcoin but it is just impossible so, lets just say no investor ever reaches the wishes to the totality of their Bitcoins to be acquired.
I would had actually love to sell and accumulate again just like you OP, but think about those.... What if naira value befalls so depreciating against dollar before you are set to purchase and hold again, do you think you will accumulate much more than you sold?
This is just my greatest fear because the nature of our economy is answerable to dollar rate which I would not want the situation to bring me more set backs to my holding.
So, I am preferred to keep holding before and after the halving while bull-run approaches.[/list]
Question
Let's just assume we are making wishes here because most especial discussions we have pertaining Bitcoin price are just unassured predictions.- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of.
But anyhow, lets be some little sentimental with the market condition in this case.
So, I am standing with the continues rising of the market price because it feels emotional to had made count of $73K and still returns back lower. My thought was if the halving can be boycotted and let the market just keep rising until we approaches the bull-run and the new ATH.
OP, talking about how to sell you Bitcoin before the halving as a systematic way to justify your holdings by accumulating to the best as you wanted, you know... I can tell you that no investor would ever reach the actual height of accumulations they have ever wanted instead they either pauses or stops at the highest point they can go.
If you ask me, I can tell you I wanted to accumulate over 20million Bitcoin from the total of 21 million of Bitcoin in existence and then you all can stress on with the remaining 1 Bitcoin but it is just impossible so, lets just say no investor ever reaches the wishes to the totality of their Bitcoins to be acquired.
I would had actually love to sell and accumulate again just like you OP, but think about those.... What if naira value befalls so depreciating against dollar before you are set to purchase and hold again, do you think you will accumulate much more than you sold?
This is just my greatest fear because the nature of our economy is answerable to dollar rate which I would not want the situation to bring me more set backs to my holding.
So, I am preferred to keep holding before and after the halving while bull-run approaches.[/list]
I stand for the bear run to come so that I can still use the opportunity to buy like the way I bought last 2 years to apply long term hodling to helped me to make money I have never make before in this season and, if you look at the markets price right now you will know that it is few people that are still holding their BTC because they are waiting for the price to reach $100k before they can sell.
But if the market fail to hit higher their target, it will make such hodlers to regret which are some of the things that made me to change my mind to release my BTC when the price hit $73k in this season to make huge amount of money.
But if the market fail to hit higher their target, it will make such hodlers to regret which are some of the things that made me to change my mind to release my BTC when the price hit $73k in this season to make huge amount of money.
Question
Honestly, I consider myself as yet a late investor who still has a long way to go accumulating good portions of Bitcoin, my approach to accumulating Bitcoin seems slow due to my source of income, so It's like being stuck in the middle but since it's beyond our reach to make it happen we just observe and use every price mark to our own advantage.- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of. - Also have you taken all your profit or you are taking bit by bit or still HODLing all?
Actually I took most earlier since I had expenses to cover though I have some left
I haven't taken any portion of my Bitcoin, I want to keep adding even more not deflecting my investment. This could be the need as to which we advise every one to keep aside savings or emergency funds so we don't have to touch our Bitcoin portfolio all in the name of solving problems.
Whether you are a late investor or am early investor I think it really doesn't matter that much because even some of the early investor sold off their huge Bitcoin because of the lack of discipline to saving your Bitcoin investment.
The thing about saving your coins is that some person go about not fully equipping themselves with the measures that are necessary for having a successful investment which are having double source of income, will power and also a strict mentality so to enable you jump pass some unnecessary expenses.
Where I stand for di matter be say weda price de surge or e de dip before di halving, di important thing for me na to continue to de hodle on di long run till we reach the peak of new Bitcoin ATH. Unto say analysts wey sabi crypto matters de predict say Bitcoin price go reach $150k or above for new ATH, that na di reason wey I no too bother about di slight pump and dump along di journey. Aldo personally I for no mind if di price go dip a little more before halving, so dat more investors go buy, because after halving, scarcity go naturally make price to increase, so I de encourage everybody wey de do DCA method say make dem never tire, massive ROI de come for new ATH.
I guessed you don't really get me, Yes we all know Bitcoin will surge above $100k after halving though we don't know the actual day but it's estimated to be around this year and next year but as HODLers this does not affect us since we know we're going to more gains as long we HODL and keep stacking, after all Bitcoin is the world best store of value.But this doesn't exclude the fact that when we buy at a lower price we are getting more quantity of bitcoin than during the pump and so it's quite better when an opportunity comes to get more bitcoin during the dip.
Actually I thought about something and if it's quite feasible for anyone they can also do it, this is for our DCA strategy, Since we know bitcoin halving is close by like a month+ from now, we can choose to take profit from our bitcoin holding by selling some percentage of our choice before halving, saving the money in order to acquire more quantity of bitcoin during halving.
Also you can choose to save some or all of your money, you would be using for DCA before halving to acquire more quantity of bitcoin during halving and this strategy is known as Lump Sum.
Note: If you know you can't save this money for halving I would advise you to stick with your normal investment plan to acquire more.
Also if you decide to go with this plan I also advise you to save some of your funds in USDT and naira because of the volatility of our naira which may appreciating or depreciating around that time
Question
Honestly, I consider myself as yet a late investor who still has a long way to go accumulating good portions of Bitcoin, my approach to accumulating Bitcoin seems slow due to my source of income, so It's like being stuck in the middle but since it's beyond our reach to make it happen we just observe and use every price mark to our own advantage.- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of. - Also have you taken all your profit or you are taking bit by bit or still HODLing all?
Actually I took most earlier since I had expenses to cover though I have some left
I haven't taken any portion of my Bitcoin, I want to keep adding even more not deflecting my investment. This could be the need as to which we advise every one to keep aside savings or emergency funds so we don't have to touch our Bitcoin portfolio all in the name of solving problems.
Question
As regards to your first question, I want the price to continue experiencing some corrections so that I can buy at a dip and hodl till after the bull market when the price will create another ATH.- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of. - Also have you taken all your profit or you are taking bit by bit or still HODLing all?
Actually I took most earlier since I had expenses to cover though I have some left
Then to the second question, I have been hodling some Bitcoin for some time now so when the price got to $72,300, I sold part of my Bitcoin though I didn't used the money for anything, I just kept it and waiting for more dip so that I can reacquire again and hodl. You know it is never advisable to sell all your coin so as you sell after you have made some profits also keep some reserve in your wallet.
Where I stand for di matter be say weda price de surge or e de dip before di halving, di important thing for me na to continue to de hodle on di long run till we reach the peak of new Bitcoin ATH. Unto say analysts wey sabi crypto matters de predict say Bitcoin price go reach $150k or above for new ATH, that na di reason wey I no too bother about di slight pump and dump along di journey. Aldo personally I for no mind if di price go dip a little more before halving, so dat more investors go buy, because after halving, scarcity go naturally make price to increase, so I de encourage everybody wey de do DCA method say make dem never tire, massive ROI de come for new ATH.
Honestly speaking the two ways would be nice Bitcoin experiencing a surge in price before undergoing any dip . The reason why is that it would enable those that have already have alot of Bitcoin in their portfolio to remove some certain percentage of their profit, during that increase in price . So after such increase in price the dip can come in , so that those who don't have a lot of coin in their portfolio would be able to buy the dip so that they can have some good quantity of bitcoin in their portfolio before the main bull run which we all believe may take place after the upcoming halving. But still we don't actually know the direction market is heading to now from here so it would be better for those who are already exercising some DCAing strategy to continue, having some good emergency funds . To be able to hold for long without tampering with their bitcoin. And before I forgot also with some reserve money or funds to be the dip to be in a safer side .
We are aware bitcoin halving is close by, here is an estimated date:
This month bitcoin has hit a new ATH up to like three times with the last being $73,737.94 source: conigecko , before the recent dip, getting to a 24hrs low of $64,866.30 before climbing to $68,484.91
Some of us might bitcoin to continue to price to continue to raise and possibly hit another ATH before halving while some of us will be grateful for a dip in order to accumulate more.
Also while some investors have begin to take profit even from the first ATH hit this month while others have been taking some percentage bit by bit in order not to have a feeling of regret if the price increases higher.
Question
Some of us might bitcoin to continue to price to continue to raise and possibly hit another ATH before halving while some of us will be grateful for a dip in order to accumulate more.
Also while some investors have begin to take profit even from the first ATH hit this month while others have been taking some percentage bit by bit in order not to have a feeling of regret if the price increases higher.
Question
- Where do you stand, do you want the dip or should the price continue to raise?
Though I stand with those who will want the dip in order to acquire more BTC, since I didn't HODL as much as I would had planned because of I had some expenses to take care of. - Also have you taken all your profit or you are taking bit by bit or still HODLing all?
Actually I took most earlier since I had expenses to cover though I have some left
Jump to: