Post
Topic
Board Bitcoin Discussion
Re: I was left behind with btc market.
by
Lucius
on 06/02/2021, 13:55:26 UTC
I was gonne thought that cryptocurrency could pop like a bubble and everything will go back to the bottom.

You, like many others, based your opinion on what happened at the end of 2017, and during 2018 - and you lived in the belief that the same thing will happen again now. I don't even know how many times I have written that all of you have completely ignored that 2020 is the year in which halving took place, and that the price of BTC in the period after halving has always had the biggest jumps. You have also completely ignored the big investors who have invested billions of dollars in the past 6-8 months, and it’s something completely new that wasn’t there a few years ago. The short-term effect of all this is already visible, the question is whether in the long run Bitcoin will follow the already established pattern and that one big correction will happen again.

I am also planning to buy bitcoin.

I won't tell you that it's too late for that because it's never too late for a good investment - but of course it would be better if you decided to do so at least at the time you registered on the forum (September 2020) because you would get at least 4 times more BTC for the same money you invest today. Of course the pandemic has caused many ordinary people to lose their jobs or have their incomes reduced, so I can understand that some are rightly disappointed because they missed the opportunity. Yet for anyone who believes BTC has a future, buying a few dozen or hundreds of $ of coins each month definitely makes sense.