Post
Topic
Board Speculation
Re: Are people buying BTC @ $27000+ idiots?
by
keyscore44
on 02/03/2021, 10:44:11 UTC
Not mentioning that the market cap has reached $1T for the first time. Although it has corrected and the current total market cap for bitcoin is $910B yet that's still a lot that has gained since last year. Those called "idiots" who have invested $27k or below $30k are rejoicing and would be proud of themselves that they've bought it at that price. We may not see those prices again for a long time or it's going to be a never until the end of this bull run cycle.
Yes, I agree with you, we may not see those prices again for a long time, or maybe Never ever see those prices anymore, Bitcoin's support line is so strong and +-2x from $27K. People who have knowledge know that $27K has potential for buying, But People who don't have knowledge like OP will say stupid

That's why knowledge is important

It's easy to criticize right now, but I'm sure if this post was written 2 years ago, most people would probably agree or even say that Bitcoin will never hit $27k.
The fact that someone has opened this thread is only speculation and has the right to do so. I am sure that there is no one here who would not make a mistake in their attempts to predict the price of Bitcoin. So let's not be so critical, because we cannot be 100% sure that this is not the beginning of the bear market.