LoginSignup
immagine del profilo
caliventures
@caliventures
1G·

How much do we love it?

9
12 Commenti
immagine del profilo
Stefan21@stefan_21
1G
I think you would have been better off with Bitcoin Only🙃
•
18
•
immagine del profilo
Femke@femkelbn
1G
@stefan_21 What is your opinion: Would you currently open a new/first position near the ATH at $BTC or would you rather wait for a correction?
•
2
•
immagine del profilo
Stefan21@stefan_21
1G
@femkelbn If you currently have 0 Bitcoin, I would definitely start :)
But I wouldn't put the entire amount you want to invest in BTC in at once. I mean, we don't know whether the cycles will continue like this and we don't know exactly where the top will be and how low the price will fall afterwards. Personally, I don't expect any more 70-80% corrections because there are far too many institutions and far too few retailers in the market for that, but you never know.

So my advice would be to simply start with a savings plan. Then you buy the average price over a longer period of time and can also survive corrections in a relaxed manner, because then you get more Bitcoin for your money :)
•
5
•
immagine del profilo
Femke@femkelbn
1G
@stefan_21 Thank you very much! I already had a Bitcoin position until a few months ago, but then had to liquidate my entire portfolio for various reasons. Now I'm starting again and struggling a bit with myself, I opened my Bitcoin position at the time at a price of around €32,000 - so of course it hurts a bit to get back in at the ATH... 🥲
•
1
•
immagine del profilo
Leon@Investingyoung
1G
@stefan_21 only time will tell…
••
immagine del profilo
Stefan21@stefan_21
1G
@femkelbn I can well understand that it hurts😅 But it's not so bad. You have to start again somewhere, and better sooner than later. We probably won't see the €32,000 again.
And waiting for it and being annoyed year after year that you've missed out on starting again is also stupid.

And going all in now at over €100,000 wouldn't be a problem in the long term, but if you do it now and we see a 70% drawdown again, you'll be annoyed again.

That's why I would either go in in several tranches over several months or simply set up a savings plan.
I, for example, have been running a savings plan for several years and then always buy more when there are corrections of >20%. Perhaps that would also be a suitable strategy :)
•
3
•
immagine del profilo
Stefan21@stefan_21
1G
@Investingyoung I would say that time has already spoken :)
My tip for you would clearly be to get more involved with Bitcoin and specifically try to understand the difference between Bitcoin and altcoins. I don't mean that in a bad way at all - almost everyone has an altcoin phase - especially if you haven't been in the market that long.
•
1
•
immagine del profilo
Femke@femkelbn
1G
@stefan_21 That sounds like a very good and well thought-out strategy! 🤗 That could actually be something for me too. And you're right, waiting now for something that might never happen again is also stupid. I'll start by creating a savings plan, thank you very much! ☺️
•
2
•
immagine del profilo
caliventures@caliventures
1G
@stefan_21 no eth is only a few weeks old, bitcoin since Trump
••
SaMa@SaMaInvesting
1G
@stefan_21 good advice man 👍
•
1
•
immagine del profilo
daddyinvestiert@daddyinvestiert
1G
You are and remain the doer here on GQ, why can't everyone be like you
•
2
•
immagine del profilo
caliventures@caliventures
1G
@daddyinvestiert finally checks
••
Partecipa alla conversazione
IscrivitiAccesso