20 sats \ 2 replies \ @stooge 14 Aug 2023 \ on: Recalling useful 'Bitcoin bottom' advice bitcoin
A bottom is best determined if you are already heavily invested before the price crashes. You know the bottom is "in" when it has gone down so much that you are past being nauseated and your feeling are indifferent to the price and have absolutely no apatite to buy more.
That's the buy signal.
PS
Most of the time you won't have much cash to buy at that point. It takes many virtues to be in that position.
Sell your chairs and buy more bitcoin.
reply
I've always had the appetite to buy more. My appetite must be insatiable.
reply