How many BTC are we talking about? You should hold a core of 60 to 70% long term and maybe 30% to trade short term but If I were you I would just hold.
Discussion
Yeah that’s what I mean I’ll always keep a minimum of 50% of my Current BTC balance but most Bitcoin maxi’s are allergic to taking profits even when the market is clearly over leveraged lol.
The problem is you can only tell what is Clearly over leveraged, AFTER the fact. 😁 Don’t get too smart by booking 1k in profit and missing out on $50k
No if you account for diminishing returns you can predict the next bull market pretty well. Most Bitcoin maxi’s I talk to however deny diminishing returns is a thing because they don’t understand how market caps work.
If you know what BTC actually is, you will forget about market cap. 😁 But to each his own.
The market cap still has to be based in reality so it is a good metric to consider. Just as we know Bitcoins Market cap won’t be 999 quadrillion tomorrow it’s pretty easy to predict it won’t go past 10 billion within the next bull market if you consider the past. Just basic deductive reasoning.
Seeing BTC market cap is already 550 Billion, your 10 Billion prediction is shall I say wrong 😆😆😆
It’s supposed to say trillion lmao.
Gold’s market cap is 10T, if you think BTC is better than gold, why would you sell at $550B “market cap”. If you don’t believe that it is better, then just buy gold. 😁
I’m not going to be selling at 550 billion I’ll start selling at around a 4 trillion market cap.
Bitcoin will surpass gold but it’s going to be more than 1 bull market before it does so in my humble opinion. Nothing to be embarrassed about it took Gold centuries to achieve that market cap. Will take Bitcoin less than 2 decades. I just truly believe it won’t be within the next bull market. If your predictions were based on reality you’d believe the same.
Wait I thought you were selling at $80k 😆. 4T takes us over 200k.
Nah 4 Trillion takes us to about 100K-120K USD and it all depends on how fast we achieve 80K if it happens within the next 2 months I probably won’t start selling at 80K, if it happens after the halving I’ll probably sell more than 10% at 80K really just depends.