Bitcoin price 181223

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https://bitcointicker.co/stamp/btc/usd/3days/

Today I am here to tell you that I am quite concerned that Bitcoin may rise in value to a million dollars, and that is a problem because most people do not have nearly enough Bitcoin for that to actually matter when it happens.

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https://charts.bitbo.io/stock-to-flow/ [ Modeling Bitcoin's Value with Scarcity]

Sometimes the biggest risk, is not taking a big enough risk. I put 0.15 cents into DASH one time and when the price took off to $150 (and stayed there) I missed out because it was such a small amount. (I also experimented with other coins that did nothing.) Likewise if you only accumulate $40 or $200 worth of Bitcoin you may find yourself underwhelmed if (when) BTC rises again. If you keep your Bitcoin in a wallet you control, that you can recover to a new device, that you are comfortable accumulating long term in, then you are in a good position. If you are perhaps all-in on Altcoins I might wonder how different this next bull run could be if you were in BTC. The Bitcoin market dominance touched 51.7% the other day, I suspect BTC might retake the majority of the value of the crypto universe if it rises to 500,000 or higher in 2024 and 2025. I have no doubt that some of that will bleed off into altcoins, but it is important to respect the Bitcoin which continues to impress.

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https://bitcointicker.co/stamp/btc/usd/30days/

Time passes as I compose my update,

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https://bitcointicker.co/stamp/btc/usd/1hr/

Latest Block: 821,831

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https://bits.monospace.live/

"A total of 1,952.97 BTC ($80,588,757) were sent in the block with the average transaction being 0.7988 BTC ($32,962.32). Unknown earned a total reward of 6.25 BTC $257,905. The reward consisted of a base reward of 6.25 BTC $257,905 with an additional 1.5040 BTC ($62,062.26) reward paid as fees of the 2,445 transactions which were included in the block."

How high will BTC rise before April 20th 2024?

Will you get more Bitcoin this week?

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Are you sitting on the sidelines right now?

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It can be hard to know what is next which is why I Hodl.

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https://bitcointicker.co/stamp/btc/usd/AllTime/

How much will Bitcoin need to dip for you to Buy?


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8 comments
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No!

Bad investment advice.

During relative stable times you trade and accumulate as much volume as possible. During the dips and all the way through the climb up you continue to trade and make more... More volume!

If you do this you will accumulate plenty.

I have 0.0059 and climbing daily with a 0.01 btc goal. Plus I got WEEDcash:BTC diesel pool position of 19.9%!

Think I'm doing great!

Seriously I would look into the investment of BTC:hive here in our market.... Just saying....

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(Edited)

!PIZZA If I could trade profitably. I do hold a little bit of SWAP.BTC but I don't trust H-E enough to keep any significant value in there, most tokens are unbacked and while the pools work, I have found trying to withdrawal SWAP.HIVE can be difficult during price moves as liquidity ends up short. I haven't got much confidence in the Hive L2. CubDEFI was also an expensive experiment. I am glad you are accumulating, that's all I am really trying to suggest in my update. If the price goes higher, its good to buy now. If the price goes lower, its good to buy then too. I was surprised to see how close we are to a million based on stock-to-flow, maybe a few years is all.

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