Post
Topic
Board Speculation
Re: I felt bad buying this morning at $14,000...
by
aardvark15
on 09/12/2017, 14:23:55 UTC
But now that it has shot up to nearly $17,000 in just a few hours, it doesn't seem like too bad an investment!

Its crazy thinking that just last week i didn't want to buy at $10, or even $11k!

My only fear is that the bubble will pop with it increasing so quickly



$14,000 does seem high but it’s 25% off the peak so it’s probably not a bad price point. You’re probably still going to make a big profit if you hold it for a year or more even if there is a crash.

My philosophy for Bitcoin and any major altcoins is don’t sell for a loss. You will probably be able to ride out any correction or crash if you can wait long enough. Bitcoin could crash and then rise back up to $100,000 in a couple of years, so you are better off just holding rather than selling.