Pondering about making use of the dips during these roller coaster ride of volatility caused by BTC

in beblurt •  9 months ago 

It will feel like riding a real roller coaster with is bull-run and it is in the works already and challenging our plans, emotions, and game because of the aspect of high and fast price surges and dips along the way.

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The "Bitcoin halving" is the talk of the "Cryptocurrency Towns" lately simply because almost every person with the "skin in the game" is already benefiting from retail investors to institutional investors, the miners and the costumers of Meme coins which is quite fun to those that wants to "really gamble" their way to huge profits but to some bankruptcy and failure. The developers of these Meme coins really had a target costumers and that is their own game, quite tempting to buy-in but personally I do not really have to stress myself with additional risk considering that I am just earning better regardless because of the dollar's value is kept on rising versus the currency of my country, I get more Pesos per dollar that I earn but of course it is the effect of inflation so the prices of everything here in my country also rises plus considering that when I change my "Stable coin" to my country's currency the local exchange would convert it to almost a dollar cheaper so it sucks but everybody really has to earn from something so I have to accept it the way as it is because there might be ways but I will just stick to the system in converting my hard-earned cryptos to local currency because all of these are just pure profit for me and plus the fact that I have more room to invest more without really hurting my pockets particularly when BTC goes up much higher and "experts" says that BTC will do that in the next twelve months "after the halving.

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There is one thing that I cannot avoid anymore, my local exchange transaction fees but for my money coming from air profits that is the reason why I can stomach it.

What I really want is that I can be able to earn substantially during the supposed "Bear markets" if that would happen because BTC ETFs in my opinion will not crash the markets like an outright and transparent manipulation of the price of BTC because they are still targeting larger entities like for example countries and large corporations, big businesses who wants to protect the value of their wealth which usually in the form of dollars to Bitcoin so that when the dollar collapses which "it won't" because the current financial system is protecting it. Anyway, along the BTC's bullish movement upward in steps, there will always be volatility along the way like what we had seen from the past few months and still happening currently. These so-called "dips" are expected because everyone really is very cold-handed about every long candle down in the charts. People is always affected by their feelings so what happens was people guarding the charts, cheering every green candle transformed, being bored in "flat days" and panicking and seeking YouTube influencers for answers, signals, ideas, or something to appease their troubled hearts when their expectations doesn't happen. So chances are the panicking people would ultimately alter their game plan only to experience and see after sometime that the BTC train had left the station. It could be of course not the end of the story because of Bitcoin's volatility and the unexpected always happens. So with the "two sides of the coin" effect it will be up to the person's ability and learned judgement on how he/she can grab a level of both failure and success in this anticipated and predicted bull run of Bitcoin.

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Earning a substantial amount of money if bear market happens is what I am aiming as well if God wills it.

The dips in the market for me is hard to predict however I might have a clue on when to buy back in and when to sell in the first place because of the action of the crypto which I am invested in. It is because it doesn't always sustain its "pump action" which only last for about two hours when it does come particularly in this bull run of BTC which almost every altcoin follows up and down but with a greater magnitude. So the idea is to sell at those moments of "pump hours" to stable coin and then wait until the dip moments which can occur within weeks or months depending on Grayscale's selling of its GBTC. I guess that this technique will work for me because I am now in the "harvest mode" and it doesn't matter if I can't buy back to a much cheaper price because that alone means that I am already profiting more from my particular investment which cooler than cool with shades on. Now with this kind of Bull market for BTC will be far more different than we've ever seen before and I don't know why the "charters" are looking back at the price action of BTC because for one thing it broke the ATH (All-time high" more than a month before the halving, and second which can also be the ultimate cause was the approval of BTC ETFs which had put the buy pressure on BTC hence, the ATH before the halving. But regardless, the most important thing to grow more of your BTC and altcoin of choice holdings is to sell at a particular time and then buy back in the times when dips will occur and it sounds not as simple but there are still current patterns to tell you especially how your cryptos react to sudden burst of value, then you can determine when to sell so that of course you will have something to buy back in. Its kind of simple but hard at the same time but I hope you get the idea.

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The BTC ETFs already gave us the confidence that BTC will rise to expected and unexpected levels which is why the dips in prices will be also the opportunity to buy back after points of selling which depends on many factors for your altcoin of choice with its price behavior during periods of volatilities and for Bitcoin itself. So the game just got exciting from here on out.


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  ·  9 months ago  ·  

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  ·  9 months ago  ·  

Thank you @beblurt, @ten-years-before, @nalexadre for your great contribution for the blurt blockchain platform and the whole community. I hope that Blurt will rise from these depressed BLURT token values and I know that there are many more works to be done before it happens, however with BTC demand on its way, it will somewhat make some difference with the prices of cryptos in general and BLURT token is a crypto and with a community and developer support as well. #blurttothemoon #letsgohighertogether