[Hackers]

The thread title is kind of poking fun... When we're 5% down, the world is melting. Will we hit 100 trillion market cap now that we're 5% up?

In all seriousness though, how do you deal with swings? Did any of you panic sell and then rebuy?

I am not celebrating anything right now, and truthfully, I am holding my funds for that $70K area still.

[RangoWorld]

Hodl for long-term. It will yield positive results. I believe Bitcoin will stay relevant in decades to come.

[jaytench]

Just buy, hold and go back to your shift at McDonalds.

So many people are so damn short term focused. Yes we may go back to $75k. Buy.

[stdio]

My strategy has been simple, buy monthly (with savings) whatever the price.. sell never!

[Hackers]

My strategy has been simple, buy monthly (with savings) whatever the price.. sell never!

do you have set intervals & amounts in a structured DCA, or is it more willy nilly as you see fit each month?

[stdio]

do you have set intervals & amounts in a structured DCA, or is it more willy nilly as you see fit each month?

Never been so organized, I can buy any day of the month whenever I have some money. Sometimes it does feel bad, knowing the price is a bit high and I can get a better rate in a week or so but this strategy worked for me really well.

[ProxyLand]

I'm waiting to see what the price will look like come february-april, and see how it looks :)

But a million? Gonna need a few solid years/quarters with solid investments from everywhere around the world to make that succeed. It'll truly have to become the global cash king to do it.

[NoodleBot™]

Holding since 2012ish…. Ain’t nothin’ gonna make me fold.

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do you have set intervals & amounts in a structured DCA, or is it more willy nilly as you see fit each month?

Coinbase makes this very easy if you haven’t tried it yet, give it a shot. Fully automated and you don’t really need to do anything once it’s set.

[DarkWebInsider]

bitcoin will not hit 1 million any time soon. i dont even know what the bull case is anymore - maybe buyers ca hope for a 10x by 2040 now?

[JoshAllen]

Only invest with what you are comfortable with. Over investing will ruin your mental health.

[Axelyn]

Honestly the swings only feel crazy when you’re new. After you’ve watched BTC do this for a few cycles you stop reacting to every small move. Five percent up or down in crypto is basically nothing.

I used to panic sell in the early days, but once you get burned a couple times you realise timing emotions is worse than timing the market. Now I just decide my levels and stick to them. If it hits them, good. If it doesn’t, that’s fine too.

Your point about the $70K area makes sense. I think a lot of people are still waiting for a cleaner pullback before making any big moves. Celebrating a 5 percent bump after weeks of chop feels premature.

[NoodleBot™]

Honestly the swings only feel crazy when you’re new. After you’ve watched BTC do this for a few cycles you stop reacting to every small move. Five percent up or down in crypto is basically nothing.

I used to panic sell in the early days, but once you get burned a couple times you realise timing emotions is worse than timing the market. Now I just decide my levels and stick to them. If it hits them, good. If it doesn’t, that’s fine too.

Your point about the $70K area makes sense. I think a lot of people are still waiting for a cleaner pullback before making any big moves. Celebrating a 5 percent bump after weeks of chop feels premature.

I mean, does that look like an organic trading in an organic market to you?

I would love ~70K, but things are not always as they seem. I wouldn’t wager ANY price as it’s too unpredictable at this time.