SL369crypto
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BTC, XRP, and DGB correction updates - 14K might not occur
🕑 Added 2020-12-02 16:37:08 +0000 UTCWed, 12.2.2020
Current BTC price 18,804
Serendipity asked me and TAs on Discord questions some questions below regarding the market pull-back. Can someone give us a general overview of where we all "predict" things are going from here. i'm so confused and kind of anxious because I can't keep up with all the predictions. So BTC hit $19888 on Binance and dropping from there.....is $13K next? XRP is dropped below 0.60 cents - is it going to drop more or is $1.87 / 1.78 next? DGB - is there a drop coming in December or NOT? Is there a drop in January?
The market is in a bullish trend - it aligns with the energy I picked up a few days ago. I agree with our Discord member, Matt, said we will see 21K and 23K. I saw 21K and 23K very imminent a few days ago. Good work, Matt!
1. Although my guides told me BTC could drop to 14K, 13.3K, and 12.6K; however, given the energy of Bitcoin is so bullish, there is a VERY HIGH PROBABILITY the pull back won't be reaching 14K this month. The probability BTC hits 14K is like 5%. I'll continue to ask my guides daily for the lowest price BTC will touch in December. We might see low 17K's.
If members still need to pick up alts for their bags, I'm proposing to the group to do the following IN CASE the market doesn't have as big of a correction as we desire. I feel it's better to be ABUNDANTLY CAUTIOUS and strategic with how we buy alts at a low price to avoid missing the smaller sale (market correction).
2. Each time the market retraces by 5% or so, buy $100 or a few hundred dollars of your favorite coin. Basically, laddering in your orders and having your orderS already placed on exchanges.
I'm aware some are NOT a fan of this strategy. This strategy will prevent people from MISSING OUT COMPLETELY from buying coins when it has a smaller pull back. The reason I'm proposing this method to my members is because "we don't control the market like 2018 and 2019. The big boys are." Each time the market drops, it quickly bounced back within minutes, which we've witnessed for the past few days. "They are preventing the market from free falling" like 2018 and 2019. The market did nothing but had a big drop in 2018 and 2019.
3. What we saw this past summer and early fall was the market trending upward but my guides and I picked up intel that the market would drop. Our summer/fall crash prediction failed. Because "PAYPAL HAPPENED" and "Corp bought BTC" so the crash was off the table (see my next post and I will explain why).
4. XRP could drop to the HIGH 0.50 range - it is imminent XRP will go to $1.78 - don't have a timeline :-)
5. ZIL and DGB - these two popular coins if people missed the below 1 cents boat - I suggest members to DCA to take advantage of each mini pullback. Have your orders on exchanges so when the market drops, your orders can be filled.
Comments
DCA and fill bags and then Hodl for the win. It couldn't be easier folks, don't blow it!
Thank you SL. Wise words indeed. Have DCA'd over long period and worked out very well for me ๐๐
Yea but some don't want to use that method. They want to wait for my LOWEST price to hit then buy. However, some low calls we had didn't hit so folks end up missing the boat. :-(
Buying weekly regardless of price is called dollar cost averaging. Itโs similar to what you advise except that with dollar cost averaging you donโt concern yourself with price. Just buy some every week or month etc.
