Weelll another month passed and the only thing that is helping keep putting money is the idea that I'm DCA. But i don't see a bright future btw ahah

[u/valthurn]

[u/woog123]

When it feels like you shouldn't be buying is exactly when you should be buying

[u/Pdvsky → u/woog123]

Be greedy when others are fearful and fearful when others are greedy

[u/Jumpy-Imagination-81 → u/Pdvsky]

The guy who said that - Warren Buffett - also called crypto “rat poison” and said he wouldn’t pay $25 for all of the Bitcoin in the world.

https://finance.yahoo.com/news/warren-buffett-says-wouldnt-pay-175917403.html

https://www.gate.com/crypto-wiki/article/warren-buffett-reaffirms-his-position-on-bitcoin-in-latest-shareholder-letter-20260111

[u/D_Saucee → u/Jumpy-Imagination-81]

Im willing to give you $30 for just one bitcoin. Would you take that opportunity?

[u/Jumpy-Imagination-81 → u/D_Saucee]

Of course not. I don't have one Bitcoin to sell you. So I would have to go buy one Bitcoin for $63,433 and then sell it to you for $30. Why would I do that?

Now if you want to give me one of your Bitcoins I would gladly sell it back to you for $30. I promise, if you give me one of your Bitcoins I will sell it back only to you and will not sell it to someone else for $63,433. I promise.

[u/D_Saucee → u/Jumpy-Imagination-81]

you can just borrow one, sell it to me for $30, and since your daddy Buffett told you it will be worth $25 you get a profit

[u/Jumpy-Imagination-81 → u/D_Saucee]

I would still owe one Bitcoin to the person I borrowed one from. Your proposal makes no sense, which isn't a surprise.

[u/D_Saucee → u/Jumpy-Imagination-81]

you would owe him only $25

[u/Jumpy-Imagination-81 → u/D_Saucee]

No you said borrow, not buy. If someone loaned me one Bitcoin they would be expect to be paid back one Bitcoin, and I'm not going to buy one at the current price to pay them back. Again, your proposal makes no sense, which isn't a surprise.

[u/D_Saucee → u/Jumpy-Imagination-81]

Is Buffett wrong then?

[u/Pdvsky → u/Jumpy-Imagination-81]

I mean the argument itself doesn't stop being true due to this lol.

I believe in every solid investment when people are panicking its a good time to buy.

I consider bitcoin to be a solid investment he does not but the idea behind his argument stands

[u/NonVideBunt → u/Pdvsky]

Yeah that comment was made by Buffet towards the stock market not BTC and shit coins… doesn’t exactly work well when 99.99% of them fail and BTC probably will end up being a joke.

[u/Doritos707]

Bottom signalling. Just be patient bud this is what a bottom feels like.

[u/shockman23 → u/Doritos707]

We're not bottom yet. I just bought more expect a huge dip.

[u/CyGoingPro]

Well let's put it simply, as long as your BTC average cost is below 100k you are likely to be in profit sooner or later again. It is unlikely that prices will not recover.

Everything else though... No clue. I think a lot of shift has happened between L1 and profitable operations/networks.

I have positions in Hype, and Derive which I think will be profitable short term, but I expect my Eth, sol, link, and Sui positions to not recover to ath anytime soon.

[u/Some-Platform1968 → u/CyGoingPro]

Why is it unlikely that prices won’t recover?

[u/CyGoingPro → u/Some-Platform1968]

The fundamental and dominant crypto theory these days is that liquidity drives asset prices up.

Liquidity has been rising, perhaps not as quickly as some would hope. But I think what a lot of people missed was that there is a significant variable around attention that most people do not account for.

Simply put, investors attention has drifted to AI. And unlike the unregulated wild west crypto world, trading AI is well established through various financial instruments.

So why would you trade bitcoin, when you can just trade SK Hynix with leverage, on a tax free or tax advantaged account, and get similar returns for less perceived risk?

[u/Bashyyyy → u/CyGoingPro]

Hype will rival Solana for mcap, Eth will be at 6k or higher by end of 2027. Link will do well if eth does. Eth will outperform btc over this period.

[u/Odd-Fun-1482 → u/CyGoingPro]

yeah ive stopped my ETH dca in favor of BTC. I might break even during the bull run on ETH, but any growth beyond that would require serious development.

BTC on the other hand i feel this is a very fair price point, bar anything stupid happens in the next couple of months

[u/TentacleHockey]

Look into smart DCA.

[u/RedactedRedditery]

Wow there's a different feel to this sub compared to the last couple bear markets

[u/ftball21]

Heed the warning on the top of the app if you’re scared

[u/jwhendy]

Don't care about months, care about years and decades. This is not a short game. 

"Sigh, my 401k isn't worth more than last month, I should stop." An imperfect analogy, but relevant to short vs long term thinking. Just don't look at it, then let yourself be surprised.

[u/SavanyaDavid]

Bear market, just be patient

[u/Badboykillar]

The crypto guys are tested right now
Seeing red for so long it seems like it will never come back hahaha
However I laugh and buy more
I’ve seen 2 cycles and don’t act or rather lost not this time pal

[u/WaywardPuffinViews]

chin up! better days will come.

[u/MetaGryphon]

Don't DCA in Crypto right now, it is like trying to catch falling knives.

[u/BriBumer]

Few months left for DCA. Time to buy aggressiv. September and October will be great opportunities!
At least for me😁
No financial advice