Post
Topic
Board Bitcoin Discussion
Re: I feel like there is no way to keep up
by
aoluain
on 01/08/2021, 21:12:51 UTC
Just watching how many hundreds it's going up each day. I really appreciated this dip. I legit dumped everything I had into it. I was actually hoping for a bear market to buy more at cheaper prices. I still am not sure we're not gonna hover around this long dip/mini bear market longer idk.

But just thinking about how if it is the bear market for the supercycle.

With bitcoin going up in price. To eventually own just 1 bitcoin. I've been buying periodically over time...

Would you mind sharing when you first started investing? I followed the same path as you, investing a small amount at a time according to the dollar-cost-average method.


I only started like late last year. I heard of bitcoin years prior but I didn't know it went up over time so I just thought "crypto currency" was internet money. Like, the dollar, it doens't really go up or down that much. (ik it kinda actually does but u get the point)

I feel so agro that I didn't get in way sooner. god... I feel like I'm buying the top. I'm just hoping in another few years it will go up and I'll not have thrown away my hard time/labor. I think it's going no where but up long term, but for how much higher idk. It turned into my "hedge against inflation" to a pipe dream of not being in poverty. That would be nice. not counting on that happening in my life time. I think my only goal is gonna be have a kid or two, and hope I did enough in saving/investing so that they wont have to grow up in poverty like I did.

Most people feel this way, "if only I bought Bitcoin sooner" I bought Bitcoin when it
was valued at $1000! and now I still think I should have bought more back then
but at that stage $40k, $65k was beyond my imagination.

I started a thread about the rising difficulty of owning 1BTC and I have to say
most people dont get the concept of achieving that amount.

All you can do is work to accumulate as much as possible. for many 1BTC is
not going to happen. Ask someone on low wages to save $40k in 1 year, impossible.