Post
Topic
Board Bitcoin Discussion
Re: Are people buying BTC @ $27000+ idiots?
by
Crislyn4116
on 31/12/2020, 02:58:26 UTC
OP, I can't say if you're amazed at people's choices or angry that your own weren't better.

People are buying at every level and selling at every level, this is how the market operates. Wink

They could have bought at 4, 5, 6, 7, 8, thousand and... they won't have another chance to do it. We will probably never see sub 10 000 again. Does it mean you shouldn't buy it ever and keep watching from the sidelines as it goes up? Do what you like it's your money.


Because if it drops further than that expect another bearish cycle. Right now people can buy at every level they want, that is at their own risk. Amazingly to see cause after it hit ATH, again it sets record to new ath - back to back - for just a month. Thus, todays' bull cycle is the beginning of bullish movement. I would say it may correct a little bit to 20k, but think again. Another bullish cycle is much higher than the previous one, imo.