Post
Topic
Board Speculation
Re: to sell or buy BTC?
by
exstasie
on 18/01/2021, 08:56:04 UTC
Being a Bitcoin early adopter is a once in a generation opportunity. This is not just another stock in your portfolio. You shouldn't be selling coins for a 2x or 3x. Not many of them, anyway.

If you can, you should be thinking about leaving BTC for your retirement, and your children's inheritance. Not flipping for a quick profit! Your kids and grandkids will not have this opportunity so you need to take it for them.

This is a reasonable point of view, but somewhat naive. Tell me, how many people have you seen who not only think but also act for the future in 20 years? I think only a few.

Most people I know my age have a retirement account. They pay into it with every paycheck. They're planning for the future.

Unfortunately, the same people think BTC is like a get rich quick casino, to be flipped like a hot potato.

I'm sure this popular attitude will change in time as Bitcoin becomes entrenched in the financial system and acknowledged as a legitimate store of value asset. In the meantime, there's going to be a whole lot of tears after people sell their coins at these low prices and then watch the market go parabolic.