Time to buy is over
Let me explain. Market entering easy up-phase only again, similar to end of 2024 and beginning 2025
It means that the time to buy is now over. What? Yes...the time to buy is now over imo....and slowly coming year we´ll enter the probably (euphoric) phase to sell (at least some).
- The time to buy btc was below 20k
- If you missed the run up to 70k, time to buy again was last 8 months consolidation between 50k-70k
- Buying now is still ok of course, but know you are late(r) already in the cycle, is the simple truth. Btc did x5 from the bottom, and imo we will not see another x5 this cycle. Maybe it can happen if countries start building strategic reserves etc, and some blow off peak might always happen, but the largest multipliers are done already imo. Ignore all the banana prediction clowns, they are always wrong and scream the hardest in bull times and cry the hardest in bear times.
- Yes, alts still have lots of catching up to do, but also, things like sol are x20 already from the bottom...so another x20 will not happen. Smaller alts can still do that of course, but again, you should have loaded your bags before.
- In my humble opinion this is just time to sit back and wait and let the patience of having accumulated below ath pay off.
Noob/Beginner? ➡️ Just buy and hold and sell in a couple of months
Trader ➡️ This is the time to hit it hard, long any dips but keep risk management strong. Stay grounded and don´t go crazy, keep your rhythm.
Long term holder ➡️ sit back and enjoy
If you started dollar cost averaging into #Bitcoin roughly at the dead top of the last cycle ($69,000), buying $100 a week, then you have spent $10,000 and your position is worth $13,431.32.
You are up 34.31%.
If you started at the DEAD TOP.
Bitcoin spends very little time at the highs, and gives dollar cost averagers seemingly endlessly time to accumulate during the lows.
Just be a long term investor, slowly buy and you will reap the benefits.
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