Forming a nice uptrend there from a bottom. i think next major dip is a buy?
Dollar cost average
To the moooon
Even a completely random walk will have "trends". Doesn't mean they're predictive of anything
Bitcoin Halvening is in May. It follows a 4 year cycle. You just have to expand your chart to look back 4 or 8 years. Yes, BTC rises a bit before splitting the issuance rate and then 5 - 10x the year following the split. It’s not rocket surgery, bro.
Buying time was $3500-5000, when most of the world forgot about it after the hype. Was in that range for a long time.
Never too late, buy buy buy!
Buy when you’re in doubt, which is now
It’s an upward trend. Plus it’ll spike when recession comes. So buy now
Could you elaborate why? For many it’s an investment just like stocks. When recession hits, people will need cash (loss of job, etc) and pull out of most investments. Even if some people do it, it will lead to price avalanche. This will be true with almost every asset, investment item. I thought it will crash for a while post recession.
Good point. The fear of recession caused investors to move their assets into Gold in the past. I think that’s what’s happening with Bitcoin right now.
No one knows when it's a good time or bad time. If you believe in it, why not just invest in over time?