Hey everyone,
I wanted to start this poll to see how many of you actually managed to snag those perfect entry points during the last big accumulation phase.
One of my early followers on eToro just hit over 500% gains, and I made a quick video explaining our rotation strategy and how we navigated the different stages from disbelief to euphoria.
It wasn’t just about the hype or aiming for the moon. It was really about smart allocation and getting in on the right narratives early (like BTC around 6.3k, BNB at about 30, and XRP close to 0.46).
Here’s a 5-minute video if you’re interested:
👉 https://www.youtube.com/watch?v=yLhXAcA7hMY
Not trying to sell anything just sharing my thought process and what helped us through. I’d love to know if anyone else had similar entry points or if you’re approaching things differently this time.
Go ahead and vote above, and feel free to share your own strategies or experiences.
Who Caught the Best Entry Points Last Cycle? BTC/BNB/XRP
9 replies 262 views
nonce_sigmaFull Member
Posts: 117 · Reputation: 612
#2Aug 2, 2019, 02:26 PM
I got Bitcoin under $7000 but I dont buy many Altcoins. Its not important exact price levels for entry if you have patience & can hold long term. Nobody cares if they bought at $7,000 or $10,000 now do they. Just set up a DCA regular buy plan & stick to it. Start small & keep buying, you will not regret it.
Totally agree with you patience really is the ultimate edge in this space. Ive seen people overthink entries down to the dollar, but in the bigger picture, it's the conviction and consistency that matter more.
DCA with a long-term mindset beats timing 99% of the time. Respect for catching BTC under $7k too that alone is legendary enough! 🔥
alpha_maxiFull Member
Posts: 42 · Reputation: 286
#4Aug 2, 2019, 05:44 PM
Exactly: patience. It is no guarantee to be quick and you have to have a time horizon of several years at least.
raven_maxiSenior Member
Posts: 196 · Reputation: 1240
#5Aug 2, 2019, 10:24 PM
I can't speak of other Crypto-currencies with same enthusiasts and confidence but with Bitcoin I don't set any time horizon not even 10 years plus because the idea don't make any sense.
When you are buy and steadily accumulating Bitcoin why are you then setting a time frame, do you at any point intend to quit Bitcoin and convert all your asset to Fiat?
Bitcoin is not just passing by to stop at a given time so I am not setting a time frame for it.
Bitcoin is part of my savings, I try to get Bitcoin steadily and keep accumulating and if I need something and can't source other means I can convert and solve my problems but I save in Bitcoin steadily, doing this consistently you will see how far you can grow. I have accepted that Bitcoin is here to stay so no plan of ever converting Bitcoin to Fiat completely.
From my experience you should not chase a number but rather the long term trend.
If you really believe in your investment, then there is no point in flip-flopping on it (buying then selling and buying then selling and buying again). Unless your goal is to daytrade, but then the profits will still not be as high as if you would have simply hodled (in my experience).
So, therefore I am going with the vote of DCAing instead of timing.
coin_sigmaLegendary
Posts: 1275 · Reputation: 5553
#7Aug 3, 2019, 05:39 AM
I was unlucky to buy BNB and XRP, but for BTC I bought mine when it was $5k but I sold my holdings during the pandemic, I think, when the price hits $50k. Now I am not holding any except for some coins that I mined, holding them until now and hoping in altcoin season to see their price hits the new ATH.
DCA is a good strategy for spotting dip prices, but the best way of using it is to buy every time the price hits the major support. Doing it in a consistent way while holding them, the profit should be massive on the next few years or cycle.
alex_shardSenior Member
Posts: 200 · Reputation: 979
#8Aug 3, 2019, 11:09 AM
I started accumulating bitcoin from the consolidation range of 26k to 29k, and I have been using the DCA method. I don't pay much attention to the price at the point of purchase, I just buy what is budgeted and withdraw to my private wallet. The DCA method does not care much about the price since it is time count irrespective of the price. Even are the current price, I'm still buying.
SwiftMinerSenior Member
Posts: 259 · Reputation: 1036
#9Aug 3, 2019, 02:35 PM
One thing I've come to understand is that when we talk about long-term hodling it's often easy for people to make assumptions that they can hold for very long periods of time however in reality hodling for a long period of time requires a lot of patience and ability to ignore retracements else FOMO could come in very easily.
Most of the time you may end up regretting why you spent some coins at some points when you could have just held on to them but sometimes you won't be able to have a very good drip of the hodling mentality if you don't lose to a couple of bull runs.
I held some Bitcoin, but didn't bought some when it's at $7,000. I had some though, but I chose to sell it to buy something that I want. Big mistake on my part. I knew BNB coin already back when BSC isn't still released yet so I could've had the opportunity to buy some, but during that time, I'm not interested into exchange coins because of limited knowledge, lack of trust towards exchanges, and I'm focused on other things as well. As for XRP, I also saw it at that price, but didn't bought because... I don't know but what I remember is that this was the time where the project has lots of controversies.
I didn't catch those entry levels, but I don't feel any regret at all. What I always say to myself is that "I don't know that this coin will reach X price." and also "Even Lazlo didn't expect that 10,000 BTC can buy way more than 2 pizzas now." What's good about the crypto market is that, even though you didn't buy at those entry levels or at the lowest price possible, there will always be opportunities that will happen. What we only need is patience to wait for those opportunities to come.
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