Post
Topic
Board Bitcoin Discussion
Re: Have my 600$ stimulus check, good time to buy btc? I plan to hold for the short
by
Debonaire217
on 07/01/2021, 14:20:54 UTC
It wasn't bad if I will say my opinion about the current market price of Bitcoin. Wayback before, I saw how drastically the market fall from 2017 ATH down to $3k somewhere in 2018 and 2019. With that experience, I often think that after the ATH we have, it will be followed by a huge pull back or what we know, market decline. That makes me persevere that it isn't the right time to buy now with the ATH at $38K if I assume that it will just decline down to a new dip. I want to make sure that I will be efficient that is why I still hodl a stable coin, and be ready for the big short that we are talking about. I am not inviting OP to do the same thing, but anyway, the profit in Bitcoin will rely on our hands as I anticipate that in the long run, ATH will always be higher compared to the previous ATH we have right now.