Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
I just got back from seeing a friend. He's been in and out of Bitcoin since 2017 (lost money of course). Did the usual what about these shitcoins thing, which I dismissed as well as I could. Anyway he said he has been trying to withdraw as much equity from his home as he can for the last several weeks. Should get it in a week or 2. He then says he was going to buy bitcoin with it when it was in the 50s and now he's really glad that it fell because he's going to be able to buy much more.
He agreed with me that holding was the way, lessons from past sales learnt.
He agreed with me that holding was the way, lessons from past sales learnt.
Foolish, I will say though that if you are in your 20's go for it lol... you can recover from losses in your early years and learn a lesson, not in your later years (50 +)
someone bought at $60k +, wonder how they are feeling right now
My wife bought at $60k+
She's feeling fine, because i taught her not to look at the chart for quite a while after buying. Regardless, she's #hodling so she won't care shit about this correction some years later.
Half of my buys turned to "losses" afterwards, in the long run every buy turned into a gain. This will continue as long as i hodl and the absolute top was not in yet.
Sure, i feel regretful when Bitcoin price is falling, every time. But it's because i think Bitcoin is much more worth than that and it should only go up (which it does, in the long run).