Re: Bitcoin might be $5000 short term, $1000 longterm if support is broken - Sosnick
?? no point of buying for the long term? you are HIGH or something ? its the only point to buy BTC for the long term.... offcourse every day askink when MOON when this price why that dumb when recover etc is pointless cause nobody does know whats going to happen ,but when youre willing to invest in BTC than buying DIPS and low prices or the thing that you wanna buy if not than maybe its better to look for something else and never look to BTC again ........
Nothing like the words of a true holder, haha. I think we've to understand that for a lot of people, long term is something they can't comprehend. Definitely high/drunk when bingeing on the bull run, so they're simply accustomed to magnitudes of order of profits. They're definitely leaving Bitcoin in droves. Hanging their heads and wishing they'd spent the last 10 months buying stocks.
(the funny part is that we are talking about making $19,850 profit per coin versus $19,800 profit per coin 
)
)THIS is the funny part indeed. And same as today, we're talking about $6k and $5k. But who has the money these days to even buy 1 BTC? More likely (unless I'm wrong in thinking most people are just earning in the tens if not hundreds of dollars), we're just adding small portions of Bitcoin, and talking really about the difference of 50 - 100 profit at wholesale Bitcoin price.