Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitChick
on 19/03/2015, 17:52:52 UTC
I'm out.

These price fluctuations are a testament to bitcoin's volatility.

Smell ya later when the price is a bit more stable and reasonably priced.

See you in the thousands then, thats the only time there will be enough liquidity for stable prices.

silly bitch

Why silly? (Because she's right.)
Don't know about the bitch part, though.  Grin

I must have missed the part where I changed into a female lol.

If the comment had been made to me it would have worked. Wink

But that said,  volatility is part of the "fun" in this early phase of BTC.  When BTC becomes less volatile the price will be so much higher that there will no longer be the ability to achieve as much gains as those that invest now will have.

I have said it before, and I will say it again, people often think about the risks of buying BTC, but what people often seem to overlook is the risk of NOT buying right now.  Lost opportunities are a risk too.   I could have purchased some coins at $1 when my husband first mentioned BTC to me.  At that point we were concerned about the legality of it all so we did not invest for that reason but we still lost out on some amazing gains which is unfortunate.  We still got in at a good price in early 2013, but only invested a small amount we were willing to lose 100% of because we were not sure of where BTC was really going.  But I am glad we took that risk early on.  

For those of us that have been through a couple Bitcoin bubbles, we know how crazy fast the price can rise when it finally decides to do so.  I believe it is more painful to miss out on that than just riding out these crashes, or equally so.