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Comments (15)
Buy and hold. Simple.
Anyone who has experience with markets knows that this is most likely true. It is very very unlikely that we will rally directly to 100000 USD.
But 20k definitely feels like 80k ;D
The right time to buy is *not* when you think the bull run has started. The right time is when you think the the crash has run its course. The bear market may last for a year after the crash hits near-bottom. Doesn’t matter when you buy in that span, just do it. So unless you really think the bottom is going to drop out and bitcoin goes to $1000- or something, its totally silly to imply that now isn’t a good time to buy bitcoin. Buy when there’s blood in the streets.
A bear market generally spends a lot more time near the bottom than a bull market spends near the top, so its a lot easier to take advantage of the oppotunity. That oppotunity has been open for 6 months, but its *possible* its closing now. Maybe not, but if it doesn’t, no loss. As always, don’t invest more than you can afford to lose, and don’t buy unless you’re willing to hold it for at least a year. If you follow those rules, this isn’t a trap, its a closing door. Get through while you can.
This is not a bull market or a bear trap post again when we hit 40k
does anyone else just not give a fuck what bitcoin is worth in fiat? idk what these posts are even about, if you understand what bitcoin is, fiat shenanigans hardly matter…
https://www.stuff.co.nz/world/us-canada/300784560/us-to-take-extraordinary-measures-to-avert-a-catastrophic-debt-default
https://www.reddit.com/r/Bitcoin/comments/10bhh7l/fiat_money_is_crony_capitalism_bitcoin_restores/
Why would the bear want it?
I could see this. Being honest. I’ll admit I’ve been more focused on stocks though this time as huge companies are rather cheap right now. I do have my bi-weekly BTC order in place though, just not large buys.
Lovely, another neg shitpost. Funny how crypto subs are so full of people entirely certain that this cannot be the start of a bull run. Like they’ve never heard the phrase “self-fulfilling prophecy”. But idiots gonna idiot…
Cope
Just look at the stablecoin market caps right now, BTC has pumped $40 billion in days while the stables haven’t even budged. This is a cash driven retail investor rally, they love to buy only when prices go up. Meanwhile the seasoned investors sitting on stablecoins haven’t touched this rally with a 10ft pole. Over $150 billion in stablecoins are still sitting on the sidelines waiting to be converted over.
It’s going to come back down around 16 soon then BOOM
I hope it’s like this because I don’t give a sht about price rising currently. Next cycle should start at 2024 and finish at 2025 so I need to collect from lower prices ’till then. While all market prices fell I bought and I will buy more. If this is real bull market, I shouldn’t buy anymore.
Lmao I love this