Generational wealth in the making - my point of view
This is not a financial advice.
This is just my playout for the BTC purchases in the next year.
I've armed myself with the patience, stacking enough resources to cover my targets.
My whole theory is based on negative market segment - I am counting that global financial meltdown is in front of our eyes. Taking that into account, I think some sort of revolution will play next - and my bets are on blockchain space - mostly on BTC and ETH from speculative point of view.
Orange lines represents major BTC supports/resistances. Will wait till price drops to those lines and budget them as following:
- Target 1 (1 BTC = 17,000 eur) - 15% of allocated funds - very likely will happen
- Target 2 (1 BTC = 9,400 eur) - 35% of allocated funds - likely will happen
- Target 3 (1 BTC = 4,800 eur) - 35% of allocated funds - unlikely will happen
- Target 4 (1 BTC = 2,800 eur) - 15% of allocated funds - very unlikely will happen
The same strategy I will put for my ETH purchases which I analyze in my other idea.
The funds that remains free and do not touch certain Target from mentioned ones above, I will put according to my earlier targets after some time period.
Full disclosure: THIS IS NOT A FINANCIAL ADVICE. THIS IS PURE SPECULATION FROM MY POINT OF VIEW AND MARKET KNOWLEDGE.
This is just my playout for the BTC purchases in the next year.
I've armed myself with the patience, stacking enough resources to cover my targets.
My whole theory is based on negative market segment - I am counting that global financial meltdown is in front of our eyes. Taking that into account, I think some sort of revolution will play next - and my bets are on blockchain space - mostly on BTC and ETH from speculative point of view.
Orange lines represents major BTC supports/resistances. Will wait till price drops to those lines and budget them as following:
- Target 1 (1 BTC = 17,000 eur) - 15% of allocated funds - very likely will happen
- Target 2 (1 BTC = 9,400 eur) - 35% of allocated funds - likely will happen
- Target 3 (1 BTC = 4,800 eur) - 35% of allocated funds - unlikely will happen
- Target 4 (1 BTC = 2,800 eur) - 15% of allocated funds - very unlikely will happen
The same strategy I will put for my ETH purchases which I analyze in my other idea.
The funds that remains free and do not touch certain Target from mentioned ones above, I will put according to my earlier targets after some time period.
Full disclosure: THIS IS NOT A FINANCIAL ADVICE. THIS IS PURE SPECULATION FROM MY POINT OF VIEW AND MARKET KNOWLEDGE.