vinc3nc

Yes, dollars. The price is always discussed and analyzed in dollars, no matter where you're from. The question is, will you be able to stay patient and not sell until it gets there? Because the path won't be straight. And once BTC gets to let's say 190K, will you be able to actually push the sell button and not get greedy? Everything will look incredibly bullish at the top, and people will start talking about unrealistic price targets. That can make you change your strategy and do stupid things.

@Olaf My price prediction would be 180–200K this cycle (2028-2029 probably). That's realistic, but no one really knows. Buying it right now might not be ideal, because it's already gone up so much since August. If/when it pulls back 20%, I think it would be a great buy, considering we're "officially" in a bull market again. And don't listen to most people here when it comes to crypto, especially Leo, who's been wrong about it so many times.

@Leo Gura Zcash is like private BTC. Not my fault you only ever heard of BTC and have no knowledge of other coins.

Zcash crashed from $50 to $1500 in one year. But I was fearful of buying it at $200 because of the AI bubble crash thats coming.

@something_else I understand. It might sound stupid. But once you study BTC price action, it doesn't seem that stupid anymore. It follows a pattern: 3 years of bull market, 1 year of bear market. It's called the 4-year cycle. There's also something called the BTC halving, which happens every 4 years. You create an edge for yourself in the markets by studying things like history.

@Leo Gura The fear of the next crash can become more expensive than the crash itself.

@something_else @Leo Gura "I still dont understand why you equate tech stocks with crypto. Stocks are near their highs, while crypto has been destroyed and is bottoming out. BTC is down 50%, and altcoins are down 85–97%. This is not where you sell BTC or crypto. This is where you start DCAing into it slowly until October (if you believe in it). The last 2 bear markets lasted exactly 1 year, and we are less than 3 months away from that 1-year mark." This is what I wrote to one of his posts. So basically the fact that crypto basically went to zero and couldn't go any lower. So you could get amazing prices at the lows if you bought. because it was undervalued, A market bottoms where theres no sellers left.

Leo wanted you to sell BTC and crypto near the bottom (into gold). When BTC was at 64k, 10% above the bottom. And I told him multiples times that it was stupid. 2 months later BTC is at 87k and crypto is going up like crazy.

@LordFall I like Ben. He's one of the best. The lesson here is to never listen to just one person and make decisions based solely on what they say. Ultimately, you have to make your own decisions because it's your money that you're risking.

@LordFall

@Olaf Yes, it’s hard, especially if you’re a man.The odds are stacked against you. Very few people actually “make it” in the sense of becoming successful across all areas of life: health, wealth, happiness, and love. Everything gets more expensive every year, while salaries struggle to keep up. Loneliness is everywhere. Building wealth requires taking risks, and sometimes those risks cost you years of progress. There are no shortcuts. You have to work on yourself constantly. You have to become stronger, more disciplined, more capable, because life doesn’t get easier. In fact, it gets only harder if you refuse to do it. You have to become the kind of person who can handle whatever life throws at you. And that raises the real question: Are you willing to become that person? Because if you want to be in the top 1%, forget about the idea of a perfectly “balanced” life. There simply isnt enough time to maximize everything at once. You can’t simultaneously spend hours every day working on yourself, build a successful career, become wealthy, maintain a great social life, have a gf and give her the time she deserves, be there for your friends and family, sleep 8 hours, have multiple hobbies, travel, relax, and still have plenty of free time. Something has to give. At some point, you have to decide what matters most to you and be willing to sacrifice the things that matter less. You don’t get extraordinary results from an ordinary level of commitment. If you want an extraordinary life, you have to be willing to live differently from most people. And sometimes, you can do everything right and life still won’t reward you, at least not immediately. That’s why persistence becomes just as important as discipline. You have to keep going even when the results arent there yet, even when it feels like your effort isnt paying off.

@Leo Gura Also true. @AION Then why did you mention 35K? Is that a special number for some reason? What are you looking at? The market doesn’t owe you anything. If you can’t recognize when an asset enters the value zone, when it becomes cheap, then you don’t deserve the rewards when it eventually explodes to the upside. That’s why a DCA strategy is often so popular. You never really know when the bottom is in, so instead of trying to guess it and thinking you’re going to go all-in at a specific price, you simply DCA every month, regardless of the price. And you start doing that not at the top, but when the price has dropped enough for it to make sense.

Bears sound smart, Bulls make money.

@AION One example: the last three bull runs lasted 1064-1071 days. So, almost the exact same length of time (within 1 week). The last two bear markets lasted around 365 days. This one, if it bottoms in early October, will also have lasted around 365 days. If it's already bottomed, then that was 268 days, which is something that has never happened before (a short bear market), but then again, at some point this pattern has to break, right? Public perception? Well, BTC becomes cheaper and cheaper in people’s eyes the more it drops, especially as it gets closer to that 1-year mark of the bear market.

@AION I was calling for 40K to happen in early October this year and had been bearish since last October, when BTC topped. But whats happening now, with this BTC rally above 80K has changed things. I’ve stopped being bearish and think the bottom is in. Nothing is 100%. There can always be a black swan event that fucks everything up. But investing is a game of probabilities, and I give it 80% that the bottom is in. It still has to confirm that the bear market is over by making a higher high on the weekly, but if you’re waiting for confirmation, you will always be late to the party. HF waiting for 35k BTC.