Are you investing in Bitcoin at current level of $80000 ?

[LDR_]

Are you investing in Bitcoin at current level of $80000 ? Or are you waiting for a sharp correction from here and a good entry point to invest then.

Waiting for a correction

 

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lel dont fall for this

 

[WAndreas]

The 95888 got to 95888 within an hour this morning. When such a picture is seen in the morning, very often the price goes up during the day too.

 

[nibancekomiba]

I'm still waiting and watching, I don't think now is a good time

 

[WAndreas]

I'm still waiting and watching, I don't think now is a good time

Judging by the fact that the price was already 96998, there's not much of a correction in sight.

 

[White Night]

no, lol
at now, for btc, you gonna need a big budget in order to see some results
don't bother invest when you have below 50k
instead , buy altcoint

 

[WAndreas]

no, lol
at now, for btc, you gonna need a big budget in order to see some results
don't bother invest when you have below 50k
instead , buy altcoint

Does it make a difference how much to buy? I don't care if it's $100 or less. Altcoins are an alternative, of course, but they are not growing like that now.

 

[TechnoTycoon]

I assume it will fall to 50k very soon.

 

[WAndreas]

I assume it will fall to 50k very soon.

Probably not going to happen very soon. Every new move by the new administration in favour of cryptocurrency may be followed by moves upwards.

 

[Crytononame]

Historically, when the Crypto Fear & Greed Index hits 90, it's usually a sign that a crypto winter is coming. It's happened five times already. So, while it might be tempting to buy the dip, it's probably best to wait this one out.

 

[WAndreas]

Historically, when the Crypto Fear & Greed Index hits 90, it's usually a sign that a crypto winter is coming. It's happened five times already. So, while it might be tempting to buy the dip, it's probably best to wait this one out.

This is historical data, one can't disagree. However, the fundamental situation now is exactly the kind of situation that could update this high and make it above 90. I think so.

 

[daidee]

what a run!

 

[WAndreas]

what a run!

All runs come to an end at some point. The only question is when it happens.

 

[Crytononame]

This is historical data, one can't disagree. However, the fundamental situation now is exactly the kind of situation that could update this high and make it above 90. I think so.

You called it! The index is totally off the charts at 94. It's a total red flag!!!

 

[WAndreas]

You called it! The index is totally off the charts at 94. It's a total red flag!!!

https://www.blackhatworld.com/seo/w...ead-of-understanding-it.1634203/post-18379788



That post justified the upward price movement. But, of course, all this may turn out to be pure guesswork.

 

[liulala]

Have missed the boat

 

[WAndreas]

Have missed the boat

Why? If you have the desire, you can always buy it. I think that here, as with any other investment, you have to say goodbye to your money before you put it to work. Beyond that, it's up to luck.

 

[pennyweight]

Its just so Funny to see how people here are trying to time the market with Bitcoin... Saying oh now its too expensive.

Guys, learn supply and demand for a second.

21,000,000 Coins.

1,100,000 Coins Locked with Satoshi Nakamoto
250,000 Coins Locked with Michael Saylor
70,000 Coins Locked with Winkelvoss Twins
200,000 Coins with Blackrock
50,000 Coins with other ETFs.

Soon - United States will buy 1,000,000 Bitcoins

we haven't spoken about the Miner companies that got around 100,000 coins.

What don't you see here?

Bitcoin will get to 250,000$ in this bull-run.
Next bull-Run - 10,000,000$.

 

[WAndreas]

Bitcoin will get to 250,000$ in this bull-run.

All right, all of this suggests that the upward movement is indeed going to continue. And it's likely to continue for another couple of months for sure.
But what is the rationale behind the $250,000 level during this bounce? After all, you could just as easily say it will be 350.
Otherwise it turns out that you are guessing just like everyone else.

 

[noogas]

Looks like we're going to make a new high today.

It was very near