james_112233 | 01-11-2022 11:14 AM | Re: Crypto Blowing Up Quote:
Originally Posted by yankee
(Post 1181649)
Are we thinking that BTC just isnt going to crash further with the market selloff? That 40k is the bottom? Or is it going to have steep dives over the next year similar to 2020? | We are defo going down to at least 20k GBP. That's for sure. We went there last summer, we will defo go back there and possibly a bit lower than that or bounce straight up again.
Nobody knows. All you can do is have cash on the side for the dips and a HODL bag for the long term.
Continuously emotionally trading is where they take all your money in fees etc, I learnt that a little too late but luckily I have a sizeable enough bag to make back all the money I lost and some more once we get to the magic 100k USD at some point in the future. Just got to sit back and hold now. |