Slow bleed over the next year...bakkt will drag btc so low that people will call it dead...they want u to forget about it. Best strategy besides watch the charts everyday is just do auto buys weekly for small amounts. Accumulate! This is for the non traders only.
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I was slightly early on calling the 1st drop, but be patient because I dont think weve reached the bounce point quite yet. The wick of the next drop should touch approx $7425; which should occur during the 1st week of October. Then we go up to resistance of $9000.
Everyone has their own trading strategy which I assume works for them...but here is a quick analogy of how to accumulate if you're not a trader. Assuming you celebrate Xmas; are you a person that buys gifts for your family throughout the year or do you put aside a certain amount per check? I ask that to say this...Accumulate fiat instead of tokens. You will have more buying power at the end of this C wave correction.(Which will take 10 months to complete)
The goal of the elite is to make bitcoin so boring, that consumers like me and you will look elsewhere to invest. Patience is key over the next 14 months. Stack fiat!
Short term gain = Long term pain Short term pain = Long term gain
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Playing out perfect...stack ur cash and be prepared to buy middle of 2020.
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Continue to accumulate usd and wait for summer fall 2020.
once again you read my mind "btc so low that people will call it dead...they want u to forget about it" this hasnt happened yet imo, i think lots of people are stacking bitcoin right now at these high prices and their buy average is like $9000 at best so when we go down to $1800 and below and stay there for months, people will sell and capitulate and then real bull run will start. im holding my cash on sideline and watching charts and waiting for 2022 to buy.
prefabsprout
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@Chef-Zef, "Do u have a better way to do that besides put aside $100 a week that u won't miss?"
and then buy it at or near the bottom?
ya that would be way better, good job!
prefabsprout
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so it's going to $1600 but keep buying all the way down.
great advice.
Chef-Zef
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@prefabsprout, you must not have seen the word accumulate. Do u have a better way to do that besides put aside $100 a week that u won't miss? Accumulate to me means to stack btc.