Looking back, it really was a great bargain-buying opportunity back then. If I had indeed bought spot here as I said, and added to my position when it was over 50,000, then the returns until now would also be quite good.
Yooki-
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$BTC I've seen a ton of folks going all-in on BTC contracts at this level, and honestly, it's puzzling. If you're really bullish on BTC's future, why jump in with the riskiest strategy?
When prices dip, the first thought for many is to leverage up, trying to catch the absolute bottom. But here's the thing: the market never lets the majority comfortably buy at the lows. If it were that easy, retail traders wouldn't be making any profits. Instead of guessing if 60k is the bottom, why not focus on position management? If you think it’s cheap, snag a bit of spot first, and if it dips further, buy more; if it rallies, at least you’ve got some chips in hand. Even if it drops to 50k or even 40k, you still have funds to keep buying down, rather than getting liquidated on a single contract.
And there's something I've been mulling over: when institutions go all out to push prices down, are they really just trying to let everyone hop on with lower risk? Since they’ve offloaded their chips, they definitely have their own agenda. The market often doesn’t reverse immediately after a dip; it grinds low, shakes out the weak hands, cleans up the leverage, and wears down the patient ones before it sets off on a real trend.
Plus, with the US stock market being shaky, if better opportunities arise, those institutions and big players might very well sell off some crypto to shore up their stock positions. For them, capital always flows to where the expected returns are higher, not like us, who just chat about our beliefs every day.
So my current mindset is pretty straightforward: I’m not bearish on BTC; in fact, I think this level is way more attractive than when it was at 100k or 120k. But being bullish and going all-in are two different things. There will always be multiple opportunities in the market, but your capital is limited. Instead of trying to make it all back in one go, it’s smarter to keep some ammo for future plays.
As for where the bottom is, no one can really know.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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