Quote from: blckhawk on Today at 02:13:49 PM

Quote from: wheelz1200 on Today at 01:34:31 PM

Quote from: Battle1doom on December 28, 2020, 03:04:29 PM

Could have bought it in March this year for sub $4000.

Downside risk is much greater now than it was earlier this year.

Is it the mentally challenged that are getting fleeced right now.

This thread didn't age that well eh. In fact most of these posts don't age well. To definitively say its a great time to buy or sell is rediculous. All this volume and as soon as elon makes a tweet it goes up 15%. The same can happen on the downside. Nothing wrong with buying or selling at a particular price point depending on each person/situation it can both make sense.

Indeed. There's nothing wrong with buying a certain price because no matter what happens the price will still increase over time. Even if you buy at a high price won't be a problem but bear in mind that if the market goes on the other side you will have no option but to hold it till the bull come again. But it is highly recommended or as much as possible buy at a low price if you find an opportunity then don't hesitate to grab it don't be greedy and wait for its price falls into the ground because no one really knows what will be the markets next move.

You would really be ending up on holding for too long if you do buy bitcoin on high price.On what price can we particularly tell that we are already at the peak or top?
This is the hardest thing to determine thats why people not surprisingly buying off into those price even if we do say that they are somewhat on the peak.
This wont really be an issue if you do go for long term but for short term then its always best for go on cheaper price where you can really utilize on making profits in
short duration.It would be the most challenging thing at all when you do deal into this market.Price are unpredictable as always.