Post
Topic
Board Bitcoin Discussion
Re: Why people are happy only when the price goes up?
by
coolcoinz
on 27/06/2020, 18:04:29 UTC
I agree with @Benefactor if you're a bitcoin believer. Long term you want it to go up, but short term you want it to go down so you can acquire more.

And if you're good at trading (or have a trading bot) you want it volatile all the time because you can make money even when the average price doesn't change.

I'm a believer and I don't want it to go down at all. I have enough and I'm not buying more precisely because I'm a believer and I've acquired all that I wanted to hold years ago.
For me it's black or white, there's no gray area. You either are a believer and buy it as it is, or you are not and want it to go down. If you think Bitcoin isn't worth 9k USD then you are not a believer.