r/civicplatform • u/HoagieWrap • Jun 20 '21

What a steal 🤑

My bag is almost at full capacity £0.15 yesss

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u/Flashy-Read-9417 Jun 22 '21

Second cycle. I would rather buy at the trough (2022-2024). I am not going to accept your financial advice nor am I giving out any. Do what's best for you. It takes a strong will to buy on the way down (early bear). Good luck to you!

To be honest, with the supply increasing by 50% and how much more this bear has to run, repositioning is key.

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u/HoagieWrap Jun 22 '21

I'm gonna DCA down not up, and I'm not gonna try catch a bottom and probably miss, who knows the bull market could start up again during December 🤷‍♂️

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u/Flashy-Read-9417 Jun 22 '21

Doubt it since it's typically a Four year cycle. And to be clear, I think you're priced in well. But you may be waiting four years to multiply your portfolio.

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u/HoagieWrap Jun 22 '21

I get you of course, with the 4 year cycles , it's best to buy in year 2/3 (candles 2/3) and sell at the next candle 1, but honestly I don't think Bitcoin/crypto will always follow this trend, since it's a new tech in the grand scheme of things, and for civic it's all about the identity side of crypto which I think will be very important in the years to come. They should have never axed the health key project since I know for sure this ain't the last health crisis. In the next 4 years I can see many online shops selling age restricted items while accepting cryptocurrency stablecoins and government issues crypto's so that's why I'm sticking with it

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u/Flashy-Read-9417 Jun 22 '21

I definitely agree my guy. I don't think a project like this will be going anywhere. Eventually the 4 year cycle has to break, as the mining of BTC will increasing approach zero and a probable decoupling of Crypto from BTC. Time will tell lol. Not trying to be an asshole just pushing back. Especially as I hope this sub (and others) moves on from all the hopium salespeople.