Contradicting Market Sentiment - Will Bitcoin Ever Reach $30k+ Again?
Since Bitcoin made its climb to $22k+, people have gotten a wrench thrown into their best laid plans.
That's exactly what investing is about though! What you want to happen isn't always going to happen. What do don't want to happen isn't always going to happen.
The world of investing is a complex set of mazes that we must learn to navigate.
Navigating them is a game of both skill and luck. It's all about setting yourself up for success in the best ways possible and then pushing forward despite any fears you may have.
In this clip:
- Investors don’t know what to do after the pump to 22k plus. Should they buy more or wait for a dump?
- Importance of DCAing against these price volatility
- It all depends on what’s your goal, if you are in for the long term then 2-3k USD in price difference makes no real difference.
- The sentiment in the market speaks about contradicting feelings among investors.
- In the end one can’t sit on the sidelines forever, the key is finding a good entry point.
- Could we reach 30k soon? It wouldn’t be surprising
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▶️ 3Speak
https://twitter.com/904656441772007424/status/1623590594915303425
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The beauty of providing liquidity to a pool with two volatile coins in it is that you don't have to care about whether the market is going up or down at any given moment as much because you're collecting LP rewards and growing your bag anyway.
Man it has been great following your journey all these years! Meeting you back in 2017 when you took the plunge with investing in Steem and all the developments and revelations since.
Now you are a crypto finance mogul!
Congrats bro we are just getting started.
In my opinion right now could be the breaking point, If Bitcoin can stay above $20k and just move sideways between 20-25 its a good sign at least until the end of the month and still consider anything below $30k is a good buy just keep dca , eventually in the next run BTC if double last top thats close to 4.5 times anything bought below 30k, but first need that signature reverse holding a new higher low, thx for sharing ✌️
Hey, I am confused why people only fall for bitcoin only. there are other coins with more profit margins. For example, xava is at 0.52 this time and it reached 17 ATH in previous years. in calculations, it will give higher profit margins. what do you say about it? @khaleelkazi