Post
Topic
Board Speculation
Re: New ATH by July 2017
by
bitebits
on 13/09/2016, 18:46:54 UTC
I am not so big on buying at above $500, when it was $300 I was 99% sure it would rise, at $500 I am 75% sure.
I am positioned now, and don't really want to average up, but if there is a ATH anytime soon, I will be very happy!

The whole point is that you get happy with the number of coins that you have. You don't have to force yourself to buy some coins at each and every level. Once you're happy, your task is completed. Smiley Keep saving your money for when the price happens to crash again. Then you'll get much more bang for your money.

Exactly. It is really not about how much fiat you burned acquiring a certain desired number of bitcoins. Fiat does the exact opposite as what a completely new and limited (and shiny!) asset class does: appreciate in value over time.

It is just hard to not get bit-greedy when the fiat price of a bitcoin temporarily dips: you just want more. Saving can be fun after all..