Post
Topic
Board Bitcoin Discussion
Re: Invest now - should or not?
by
alphacoco
on 30/01/2018, 20:26:41 UTC
No one really knows where the bottom of this will go but why does it matter.

If you are trying to buy today and sell tomorrow then maybe it does matter but you should be in this long term. My belief is that most sensible investments in crypto that if they go down hold for longer. Bitcoin may go down tomorrow but if your holding 3 or 5 years why does it matter.

It's like buying a TV today but tomorrow it goes on sale. Who cares what it costs tomorrow, only care about 2 things..

1 are you happy paying the current price

And when you have purchased it

2 are you happy to sell it at that price.

Anything that happens between 1 and 2 is pointless thinking about and definitely silly thinking of anything before 1.