Post
Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
panju1
on 20/07/2017, 16:01:31 UTC
Where BTC was $50 people were asking this question. When the price is $10,000, they will keep asking this question.
Bitcoin is like gold, if you can stomach really wild swings and volatility then Alts can be profitable. However, always cash out to Bitcoin, don't hold an alt long thinking it's going to moon, cause while they pump, they never moon long term

People have a very short term horizon. They remember what the price was yesterday or a month back. They don't look at what the price can be in 5 year's time. Once this is done, they won't be asking this question.