Alright guys let’s figure something out. At what price would BTC need to be for you to go balls fucking deep with everything you got. Add $500 to that and there is your bottom. (Add $500 because people anticipate that point and buy in anticipation)
$1k? I’m pretty sure we would all go balls deep at that so it won’t go that low. $2k? Yeah that’s still low enough I’d go balls deep. $2.5k? Ehhh yeah still balls deep. 3k? Yeah sure but maybe I’ll let it drop to 2k - 2.5k. And that’s why it didn’t drop because 2.5k and below are balls deep price points.
I’m all for buying cheap BTC but it’s going to get scooped up.
Markets are all about emotion. How many faggots were saying 'I'd go balls deep in $500 ethereum' this time last year. and then got fucking justed. The bear won't be over anytime soon.
I'd look around the 23-26 range if you're buying for long term and see how that holds. I think the lowest possible price is around the top of the 2013 high. If it breaks that, the bear will be around for a very long time.
Kayden Flores
i did just that when it went below $4k i never expected to do that
There won't be another crypto bull run till there's a catalyst like a currency collapse. Right now we're just searching for a floor to spend however many years it'll take for that catalyst to show itself.
Joseph Torres
I would have said 2600 is the bottom. Why? When BTC was at 1300 it was before all the hype and it was a pretty obsolete coin. No SegWit, no LN. So, at 2600, I would have gone all in. Add 500 to that, and we are at 3100. Well, I missed that and got FOMO. So I went in at 4k. I think we'll see 5k and 6k very soon. Look at the inverse SHS developing...
>At what price would BTC need to be for you to go balls fucking deep 10% of my net is the absolute max in fact if it breaks $1000 i won't buy any more i will just watch it all burn to the ground.
Ethan Hughes
when BTC goes above 4100 now, it will go straight to 5000 - watch!
Gavin Jackson
This is also true. If market stays at 2.6k or so and doesn’t moon, then people will wait for lower
Hmm so 3100 was bottom for you ok I see
Carson Sullivan
yep, 3100 was definitely the bottom...think about it...all this talk of 1000 and so on is totally delusional. It's a different age now, and the industry and attention is 10x now from the good old times where 1000 a high price for BTC.