I am noticing that:
Fewer persons are shopping for the dip on this sub.
Fewer persons are imploring others to simply hodl.
Fewer persons are making hyper passionate posts / replies concerning the know-how and the way a lot they dislike banks.
Due to this fact, after promoting ALL of the BTC I purchased for round $7k in 2020 for $39k in 2021, I’ve began to purchase once more. I have been ready for fewer “purchase the dip” “hodl” and I ❤️ BTC posts. This signifies to me that folk are very afraid.
I am feeling very grasping.
However… I am additionally being cautious. It’s fairly potential for BTC to maneuver right down to round $10k once more. As an example, if this disadvantage parallels the excessive of earlier bull markets, $12k is in sight.
Nonetheless, I can not time a backside.
Nobody can decide a backside.
I can solely scent concern. I purchase once I scent concern.
Nonetheless, a part of me looks like persons are not afraid sufficient…. There are LESS posts about shopping for at these costs right here on this sub… I do imagine we’ll finally get to a degree the place there will likely be none.
Till then, I am going to maintain NIBBLING. Little chunks (5% of my complete BTC bankroll at a time).