You are spot on! There’s so much FUD designed to control retail investors and persuade them to sell cheap so whales can scoop up the dips. Listen to what the media are saying… Then do the opposite.
As someone who started buying Bitcoin at sub $4,000 in 2019, it’s win-win all the way for me. Am I sad that I didn’t sell all my Bitcoin at $60,000…??
This whole concept, and many others talked about in the crypto world, stem from traditional investing. That's an obvious statement, right?
I only recently decided to throw these concepts in the trash and look at crypto for what it really is. A vehicle with unlimited use. Not just an investment vehicle. When I did that I stopped really caring about the "bull/bear" markets, the ups and downs, and the rest of the market prediction statistics used in traditional investing. Are they completely useless? Of course not. They have a purpose and can help you make informed decisions... but when we start focusing to much on the $ value of a coin, the ROI probabilities, etc... we forget the utility of the coin and why it was originally created. There is so much more to the world of crypto than fat gains. There is innovation, invention, community, creativity, and the potential to change the world. That's what I think is most important now, and thinking about things that way is what has allowed me to invest with optimism in many more projects. I'm all in on the entirety of crypto...
Even with the increase in price over the past few years, I still think we're at the tip of the iceberg for cryptocurrency in terms of mainstream adoption. As long as this is the case, I will continue to keep slowly increasing my cryptocurrency holdings. Over the years, I've learned that I suck at timing anything, and dollar cost averaging every month seems to provide the best results for me. Cryptocurrency will always be wildly volatile, whether up or down, so for over 90% of investors like myself, the question shouldn't be "is this the top?" The question should be "can I afford to allocate this money into buying crypto and hold long-term and am I able to mentally ignore the swings?" I'm as bullish as ever long-term for crypto, but it won't be without its swings. And as Mark mentioned, through the volatility, Bitcoin has only continued to climb higher. Whatever happens in the next year or two, I'll be holding strong!
I only know one thing never lose a opportunity to invest in the best
Bitcoin will rise back again and this is the best time to full up your bags
Buy Dip and Just Hold at the start of Bitcoin noone thought that it will make this far and i believe 100K soon maybe 2022 or in the last quarter of 2021 and The Most Important thing Don't believe in FUD they just want you to leave the market so they can get the best price up For ex:- Mr Musk no need to explain why 😆
Buy low; sell high. We need to set up a Cryptowriter Capital Fund with you and @chriscooper making decisions for us.
You are spot on! There’s so much FUD designed to control retail investors and persuade them to sell cheap so whales can scoop up the dips. Listen to what the media are saying… Then do the opposite.
As someone who started buying Bitcoin at sub $4,000 in 2019, it’s win-win all the way for me. Am I sad that I didn’t sell all my Bitcoin at $60,000…??
No. Zoom out to the macro level and HODL.💎
Bulls or Bears, I'm looking to stack more sats every chance I get.
Do you think Bitcoin will always be king? I’m bullish in crypto overall but I’m not confident that Bitcoin will reign supreme in the far future.
This is a long term investment, a diverse portfolio always helps during these dips, the strong projects will still thrive.
This whole concept, and many others talked about in the crypto world, stem from traditional investing. That's an obvious statement, right?
I only recently decided to throw these concepts in the trash and look at crypto for what it really is. A vehicle with unlimited use. Not just an investment vehicle. When I did that I stopped really caring about the "bull/bear" markets, the ups and downs, and the rest of the market prediction statistics used in traditional investing. Are they completely useless? Of course not. They have a purpose and can help you make informed decisions... but when we start focusing to much on the $ value of a coin, the ROI probabilities, etc... we forget the utility of the coin and why it was originally created. There is so much more to the world of crypto than fat gains. There is innovation, invention, community, creativity, and the potential to change the world. That's what I think is most important now, and thinking about things that way is what has allowed me to invest with optimism in many more projects. I'm all in on the entirety of crypto...
Mostly though I'm all in on Finny. :)
I don’t think we’re in bear, but I def think is very close. Either way, if you know how to make your moves you can make both a positive experience.
This was so full of truth, I think I shed a tear. Cryptowriter needs to go mainstream to save the everyman from the fear/hype machine.
Even with the increase in price over the past few years, I still think we're at the tip of the iceberg for cryptocurrency in terms of mainstream adoption. As long as this is the case, I will continue to keep slowly increasing my cryptocurrency holdings. Over the years, I've learned that I suck at timing anything, and dollar cost averaging every month seems to provide the best results for me. Cryptocurrency will always be wildly volatile, whether up or down, so for over 90% of investors like myself, the question shouldn't be "is this the top?" The question should be "can I afford to allocate this money into buying crypto and hold long-term and am I able to mentally ignore the swings?" I'm as bullish as ever long-term for crypto, but it won't be without its swings. And as Mark mentioned, through the volatility, Bitcoin has only continued to climb higher. Whatever happens in the next year or two, I'll be holding strong!
I only know one thing never lose a opportunity to invest in the best
Bitcoin will rise back again and this is the best time to full up your bags
Buy Dip and Just Hold at the start of Bitcoin noone thought that it will make this far and i believe 100K soon maybe 2022 or in the last quarter of 2021 and The Most Important thing Don't believe in FUD they just want you to leave the market so they can get the best price up For ex:- Mr Musk no need to explain why 😆
many thanks for the article
6-7 month cycles caught my attention, I want to look at them in more detail.
Do not be afraid of the bull or bear market. I've seen people making a lot of money in a bear market with the right strategy.
Was just another chance for me to buy high, sell low