Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This is really hard to watch.
And to be honest: Who would buy in a market like that.
We are constantly falling since January. You basically know, if you buy now, it will be worth less in one month.
And to be honest: Who would buy in a market like that.
We are constantly falling since January. You basically know, if you buy now, it will be worth less in one month.
You had the same thoughts from when it went from 1k to 160$.......?
With BTC you just need to know what you buy and stand behind your own personal decission, its as easy as that.
When you have 1k-10k-100k its always just the Same take a % of what you willing to risk and go on it, Some Guys are in 10% others are all in , yeah just gotta do where you feel comfortable with
'Xactly
Thing is that people are still confused thinking that btc has some kind of internal value that you can evaluate... But that's completely dumb. Btc is a digital asset that has the exact value of: number of btc available/amount of money people are willing to put inside this market.
That's all. There is no internal value in btc so price up or down means nothing except that noone wants to invest new $ in this market right now and that btc are kept produced...
Wait a couple years IMHO. We need fresh new people wanting in. We're mostly old folks around, we're more waiting to sell than "in" the technology for most of us I'd say.