Post
Topic
Board Bitcoin Discussion
Re: Michael Saylor owns 0,5% of Bitcoin Supply
by
Rikafip
on 22/06/2021, 16:39:46 UTC
yeah, they can buy fractions of a bitcoin, but what good will that do to them? it is hard to expect that BTC will make 100x from this point, or you think that 100x is still possible?
What's the alternative though? Investing in altcoins from which 99% are pure garbage and most likely end up with the loss due not selling on time?


it is good to have some strategy in investment and I do not see a possibility for BTC to do more than 10x from this point in the future, so investment ranging in BTC fraction - 0.01 BTC for example cannot make you some great runs in the end, which is what retail investors expect from BTC
That was exactly my line of thinking in the late 2013 when I heard about BTC for the first time, like " 1 BTC is ~1000 USD, and since I am only willing to invest 200 USD i Can;t buy one whole bitcoin, better buy bunch of shitcoins (bought it via eBay lol) and maybe make a fortune" and you can guess how that went. Thank God I didn't make the same mistake when I came back to crypto in 2017.