Post
Topic
Board Bitcoin Discussion
Re: ALL IS NEEDED
by
BrewMaster
on 20/10/2020, 16:51:55 UTC
Buy back more than just 1 BTC at lower price levels of upcoming bear market.

wait a minute why should there be a bear market when the bull market has not yet  started? the price has to rise a lot more and a lot faster than this for us to even begin seeing bear market.
besides if someone were a trader they don't need "bear market" to make profit. there are always lots of ups and downs to make profit from.

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One thing for certain is that Bitcoin will have a NEXT PEAK, and after that NewATH is reached, a deep correction of -80%-90% in price will occur
there is a pretty good chance that we will see a new ATH way higher than the previous one but it is not certain at all. bitcoin has a lot of potential to grow and it has been showing all kinds of positive signs but the future is never certain.

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But owning a whole One Bitcoin at current price levels, is a far-fetched dream for many[especially for those coming from a third world country]
i disagree.
it is only a "far fetched dream" if you don't want to make an effort. otherwise you can start today and learn new skills or improve the skills you already have and start making money from them. that money can either be in form of bitcoin (getting paid in BTC) or fiat which you would then convert to bitcoin.
and i am not just saying that, i have done it myself.

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and for some living on better countries, owning a whole Bitcoin may be quite a challenge to be accomplished at 11-12k/BTC
again it comes down to how much effort you want to make. in fact you may have an edge compared to other people in developed countries since the cost of living in developing countries is lower.
take a look at how many freelancers are working on the internet and making good amount of money.