Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 12/09/2021, 17:47:40 UTC
Alts ate bitcoin's lunch for the the last 9 mo and now getting to eat our dinner.
That's the main lesson vis-à-vis bitcoin in 2021 (so far).

If you forfeited investment in good alts, you lost a big chunk of this bull appreciation.
I know a couple (of mid and large cap) which did 100X in 2021 alone.
That's life-changing numbers if you were aggressive enough and took profits about now or in May (for some).

Pantera's Capital D. Morehead was right about this-kudos to him.
Maybe I should invest some in his projects...perhaps, not now, but during the bear phase when prices would be lower.

However, if we will continue to meager at 46-50K until the end of September, I might consider buying Dec or March out of the money call options on btc or maybe even a bit of a leveraged bet instead (not 80X, of course).