Neopas i am not saying that this the lowest point,but right now we have a big decrease.If you ask me,I believe that there will be more downfall in the next days.
cryptocurrency investments
- gamblehappier
- Pro
- Karma: 19
Post
Re: cryptocurrency investments
I agree with Wolfie here(belowe 30k is good).There is no exit plan also for me,interested only for longterm.
I understand that trading could be better(especially if you know what you do).I also believe whatever you win from betting you should invest to stocks,crypto,houses in order to win inflation.
I understand that trading could be better(especially if you know what you do).I also believe whatever you win from betting you should invest to stocks,crypto,houses in order to win inflation.
- neopas
- Pro
- Karma: 47
Post
Re: cryptocurrency investments
Everyone is talking about a 30k bottom, including you 2 guys.
That is why it will not happen. Because this is the fairy tale they now all believe.
In my view Bitcoin will bottom here at 33k, to it will go down to 20k at a blink of the eye.
Get ready.
That is why it will not happen. Because this is the fairy tale they now all believe.
In my view Bitcoin will bottom here at 33k, to it will go down to 20k at a blink of the eye.
Get ready.
- gamblehappier
- Pro
- Karma: 19
Post
Re: cryptocurrency investments
No Neopas i am not saying that 30k is bottom,all i am say is that is enough down from the top(68.000 usd).
If you ask me if it goes below 30k the answer is yes.
I can not predict the future,but if i should tell a lowest point will be 20-25k.Just a prediction.
If you ask me if it goes below 30k the answer is yes.
I can not predict the future,but if i should tell a lowest point will be 20-25k.Just a prediction.
- cortomaltese
- Pro
- Karma: 33
Post
Re: cryptocurrency investments
Greetings to you all guys
It's been a while
Imo this is goes down to whether you are trading or accumulating (in bear cycles) and/or taking profits (in bull cycles)
I am not trading so i would say that to my likings i am very close to start accumulating maybe i will wait a few weeks more
I believe 30k is a fine price to grab some btc but as neopas said most people are waiting for this and usually markets don't follow people's guesses!
Imo DCA is the way
It's been a while
Imo this is goes down to whether you are trading or accumulating (in bear cycles) and/or taking profits (in bull cycles)
I am not trading so i would say that to my likings i am very close to start accumulating maybe i will wait a few weeks more
I believe 30k is a fine price to grab some btc but as neopas said most people are waiting for this and usually markets don't follow people's guesses!
Imo DCA is the way
- Wolfie
- Totally Pro
- Karma: 61
Post
Re: cryptocurrency investments
No one knows where is the top and where is the bottom. All i know is that that i invest a part of the cash i generate.
I accumulate fiat and when i see a huge discount i just buy more crypto. I never sell. This is my current mode for crypto. All i know is the bitcoin network will have exponentially more users in 5 or 10 years than it has now. And price has to go up to accommodate all the participants.
I have tried trading and i continue to learn. But is not my thing for the moment for time and mental clarity reasons.
I think the most important asset a man can have is mental clarity. With the passing of time i have learnt to do less things but with more clarity and conviction.
I accumulate fiat and when i see a huge discount i just buy more crypto. I never sell. This is my current mode for crypto. All i know is the bitcoin network will have exponentially more users in 5 or 10 years than it has now. And price has to go up to accommodate all the participants.
I have tried trading and i continue to learn. But is not my thing for the moment for time and mental clarity reasons.
I think the most important asset a man can have is mental clarity. With the passing of time i have learnt to do less things but with more clarity and conviction.
- gamblehappier
- Pro
- Karma: 19
Post
Re: cryptocurrency investments
Hi Cortomaltese,i am happy to see old members post in the forum.
Wolfie your moves are right and i am sure that you will gain a lot when you buy crypto bear market and your only goal is longterm.
I know that trading may give you more profits if you have skills but you need time.
Me personally i prefer to trade sports than crypto,because i am better to sportbetting, have more skills there.
But again i will not risk half of my portofolio to crypto even if i buy low.What i want to say i will feel more safe with stocks or brk b/spy /efts than crypto.I know that in the longrun maybe i will win much more with crypto if i place all my balance there(buy dip) but again,i do not want to risk so much.I prefer to diverisfy.And of course i believe both of you have the same thninking.
Wolfie your moves are right and i am sure that you will gain a lot when you buy crypto bear market and your only goal is longterm.
I know that trading may give you more profits if you have skills but you need time.
Me personally i prefer to trade sports than crypto,because i am better to sportbetting, have more skills there.
But again i will not risk half of my portofolio to crypto even if i buy low.What i want to say i will feel more safe with stocks or brk b/spy /efts than crypto.I know that in the longrun maybe i will win much more with crypto if i place all my balance there(buy dip) but again,i do not want to risk so much.I prefer to diverisfy.And of course i believe both of you have the same thninking.