Bitcoin, I’m not buying at the top!

in #hive-1679223 days ago

It’s my third bull market. In late 2017 I entered the crypto world and got ripped off with that scam, BitConnect. Bitcoin was $15,000 for one but I still bought a little.

That’s too high, @goblinknackers told me. It was at the top, and we were too late.

image.png
Source

2022; Bitcoin is around the $65,000 mark for one; too late again?

December 2024, Bitcoin is currently $95,000 after hitting $108,000 and dropping back.

Well... bollocks, too late again.

Is it too late? You tell me what it’s going to be on the next cycle.

Think about it, if you think you are too late. Think really hard.

Sort:  

Most Bitcoiner will Tell you it's not too late.
!BBH

I don't consider myself a Bitcoiner but still think it's true.

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below


Hey @chaosmagic23, here is a little bit of BEER from @isnochys for you. Enjoy it!

Did you know that <a href='https://dcity.io/cityyou can use BEER at dCity game to buy cards to rule the world.

@chops.support! @chaosmagic23 likes your content! so I just sent 1 BBH to your account on behalf of @chaosmagic23. (6/50)

(html comment removed: )

Buy hive is your best opportunity.
I said.

I have plenty of that!

I imagine that, I have been here during 3 alt season too, in the first 2017 I was starting for this reason I did not doing nothing only learning.
In the 2021 I was diversify and i learn about this, when the market crash, all your eggs in a different basket all fail and all your eggs go down, and was hard because sometimes we invest in the fail basket and you loses the train, and when you see only go ahead and continues.

I remember a man in the old chain he is mauvite, when steem cost $3.00 he sold 2 BTC at $3000 to buy seem, and he loses his money at all.
Imagine in this moment if you have thisemories, it would be hard very hard.
In my case i changes my hive by cub you know, it was hard very hard to me.
But well here we go trying to stay here, and we have been hope tomorrow the sun rise again.
Sorry by my English mistakes, this is my natural knowledge.
Best regards.

I can't handle the stress of trading. I can live with missing out.

Me neither, I don't do it often.., what I have in the big lad is in cold storage and will be for a long time.

That $65k caught a lot of people, they thought it was going to go higher.

Last time, yeah.., there' so much talk and nobody knows whats going to happen. It's all a big gamble.. all this.

I believe that a drop towards $80,000 could happen. Bitcoin has accustomed us to strong declines and in my opinion it is not to be excluded that it even drops to $60,000. We will see !DIY

I hope that drop does happen, I'm used to it now!

@stefano.massari just sent you a DIY token as a little appreciation for your post dear @chops.support! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

Don't be shy - share some DIY!

You can query your personal balance by !DIYSTATS

For daily trading, it may indeed go down to the 80s range. Lots of support there, and a dip back down would match historic trends. But long term, I'm with you, it's up all the way, so even if this is a top for now, I'm still DCAing in.

I couldn’t sleep if I daytraded. I’m going to hodl until what I think might well be this cycle’s high, Oct/Nov of 2025. Ideally, the RHODL ratio and the Bitcoin rainbow will both be screaming “sell” at that point, and I’ll take profits.

But even if that happens, I won’t sell everything. Two-thirds and hodl on with the rest just in case I’m wrong?

I got caught out with it in 2022, $10000 down in a day. I don't do it anymore, but this sentiment is not about trading. I am generally a HODL'er.

Not too late. Be ready to take profits in late spring. We will pop back to 5 digits when things get nasty for the next bear. Follow the patterns, they always rhyme even if they don't repeat.

You are right about the patterns, lets hope they keep sticking.. as we will all get rich.

That's the plan. 2017 was for me and my business. 2021 was for me and my partner. 2025 is for my whole family! If they only listened to me at 16K instead of waiting until 50K!