Post
Topic
Board Bitcoin Discussion
Re: Are people buying BTC @ $27000+ idiots?
by
anknok
on 28/12/2020, 16:33:37 UTC
I don't think buying BTC at current price is a wise idea. Buy when everyone fears to buy and sell when everyone greedy to buy - Warren Buffet.
Like in Dec 2017, when BTC went upto 19k$ and people who bought at that price have to 3 years to get there money back with profit. While people who bought btc for 3500k$ in Dec 2018 have to wait few months to get that double. Buying when market is bullish is not a wise move and these are usually new comers who do this mistake.