Detailed breakdown on the macro for #BTC
The market is currently at the "gift" stage.
This is where you accumulate as much as you can for a life-changing payoff by the next halving (March 2024)
Use the coming weeks/months to DCA.
I will be buying as much $BTC & $ETH as I can
You patiently waited for these price levels & now you have to patiently wait for the lows to play out
Sit back, relax, buy what spot you can at these levels & literally don’t come back to look at your account for a year. Way less stress & you’ll avoid being your own worst enemy
It's roughly 50k-$59k to mine one bitcoin- lots of varying factors, of course.
Mininig will continue & powerful market players will make sure it stays profitable to mine.
We are finally seeing a "once every few years" bargain on BTC; don't let it pass you by (once again).
@dex_does Just patience and don’t let fear or greed guide you off the path. You’re young so making what you can off each cycle will add up over your life.
First they mock you & say a 50+% correction will “never happen”.
Then they fear buying the massive discount when price reaches the goal they said was a “dream rebuy”.
So many reasons people fail to make money in predictable markets.
A very high amount of buying volume just came in at $59,750
I've been talking about the 60-55k area for months and we're finally here. This was expected; this is how markets move.
Know the moves, note the areas, patiently wait. That's really all there is to being profitable.
@crazyblade64 *60k-55k is the range.
It’s just begun.
The ultimate low will takes if not weeks to show that it’s clearly building a base to climb out from. Major highs and lows almost always do.
My bids are still set. How many will hit? Who knows.
Will all of them hit? Not likely.
Will some of them hit? Absolutely, no doubt in my mind.
#patiencepays
My bids are growing in size as price approaches the 60/55k area.
These are the levels that most people are scared of, but these are the ones that savvy traders stack at for long-term holds that will pay off in a few years.
Rinse & repeat the cycles with patience & knowledge 🤝