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8416608 No.8416608 [Reply] [Original]

Just bought $100 more bitcoin at $7400 value.

Am i doing it right or?

Planning to hold for 12months+

Btw my net worth is $3k, i have $1k in bitcoin/crypto and im putting $100 into crypto every week lol. Im poorfag AF.

Will i make it in 12months doing this, just investing $100 a week and HODLing?

Mainly got bitcoin and a little bit of other top 10 coins in my portfolio.

>> No.8416653

>>8416608

You're fucked.

>> No.8416668

You don't buy the dip on a downtrend. You buy the dips during an uptrend. Does this look like an uptrend to you?

>> No.8417143

Sure, it will probably be back at 7400 in 3-5 months or so.

>> No.8417170
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8417170

>>8416668
Is this true?

>> No.8417191

>>8416608
Im doing the same

>> No.8417207

>>8417170
No it's not
Imagine buying a shitty dip during the 2017 uptrend
Let's say you bought the 15k "dip" during the bullrun
You think that's good advice?
This is the time to buy, when people think it's over and post about killing themselves

>> No.8417288

>>8416608

I'm just putting in a bit at a time right now, DCA my buy in. Bought $100 Eth at $470 since there was the largest two green volume candles I've seen in a month, along with a massive oversold condition. If it drops further, I'll rinse and repeat until we find the real bottom. Doing the same with BTC. The deals to be had right now are fucking amazing.

>> No.8417454

If there's one lesson I learned the hard and expensive way, it's to... buy when general sentiment is pessimistic and prices are generally low and sell them in periods of optimism and high prices.

>> No.8418340

You're dollar cost averaging and have a high time frame preference so you will probably do better than 99% of these "traders"

>> No.8418653

>>8416608
if you're interested in BTC this is a good strategy,
don't be to quick to sell it, most people predict 35-50k this year. You can read old posts on forums, if you warned about 10k bitcoin in 2017 everyone called you a retard same now with 50k.

>> No.8418791

>>8416608
Congrats you just lost 68 cents.

>> No.8418822

>>8416608
Don't worry anon, "BTC will never drop below $7.5k again."

>> No.8419198

>>8417207
>buys the dip
>buys the dips dip
>buys the dips dips dip
>buys the dips dips dips dip
>buys the dips dips dips dips dip

>> No.8419510

>>8418791

Lol :D