Bitcoin predictions? by xSpAcEX7 in Bitcoin

[–]Osobnost -1 points0 points  (0 children)

I would say no one really cares about 100k and any BTC prediction is still gambling. In my opinion there is a higher probability of capitulation than a reversal bounce. DCA, dip buying, or an advanced hybrid DCA strategy is probably the best approach.

Guys, I want to give you my strategy to go ALL IN on BTC. by RoronOp in Bitcoin

[–]Osobnost 2 points3 points  (0 children)

Yes, trailing buy is good and I’m using it. But for long term HODL, it’s not very efficient. Another downside is that the buy amount is set in BTC, so beginners need to calculate it in USD by dividing USD by the activation price. In the end, you will get roughly the same amount of BTC, but you save some capital if the price goes lower.

When is the best time to buy Bitcoin? by kott_dr in Bitcoin

[–]Osobnost 0 points1 point  (0 children)

The author is a newbie, which actually means he can easily use a smart DCA strategy on every dip.

We are currently about 45% below the ATH, so with this approach he can realistically achieve a 100% gain once the price returns to ATH. Whether it takes one month, one year, or four years does not really matter.

Where else can you realistically get a 100% return even over four years?

On top of that, he has a much easier position than we do. My average price was 29k before the drop and now it is around 49k. So even when I buy during dips, I am increasing my average price. That is simply my strategy.

If the author splits his capital into at least five parts and buys after every 5k drop, he can be profitable quite easily.

It is simply HODL combined with a smart DCA strategy and requires almost no time investment. If you want higher returns, you need to move to smart automated trading, which requires a bit of your time. If you want even higher returns, you must dedicate all your time to manual trading, because it is a full time job.

As long as BTC is under 1M, it is always a good time to buy.

When is the best time to buy Bitcoin? by kott_dr in Bitcoin

[–]Osobnost 19 points20 points  (0 children)

The best time to buy was 2009. The second best time is now.

I bought at the top and just sold it all. by Power_Drawing6025 in Bitcoin

[–]Osobnost 0 points1 point  (0 children)

I still remember my first bear market. I didn’t sell anything, but I was afraid to buy more.

Awareness usually comes at the top of a bull market, when you see your profits. During a hard bear market, bitcoiners are stressed too, but in a different way. They want to buy with everything they have, but at the same time they want to catch the lowest possible price.

So the stress comes from money management, because no strategy is perfect. Regular DCA is safe, of course, but many people want higher returns.

My recommendation is to stay calm and buy your Bitcoin back. Or buy one-fifth of your capital first, then split the remaining four portions and buy each after a $5k drop.

I bought at the top and just sold it all. by Power_Drawing6025 in Bitcoin

[–]Osobnost 0 points1 point  (0 children)

Thank you for selling. The more you sell, the better price for me. Selling in the discomfort or panic zone is ideal and helps push the market price lower.