Post
Topic
Board Beginners & Help
Re: I missed the boat is not new concept..
by
Coyster
on 10/11/2021, 18:56:08 UTC
I'm sorry but your message is a little bit inconsistent in my opinion, on one hand you enjoin newbies to "stay safe" and on the other hand you encourage them to buy a high volatile (and then risky) asset at its All Time High.  Undecided That's not a responsible behavior IMO. Newbies should be very cautious before investing large amounts of money at the ATH of any asset but more especially cryptocurrencies because they are among the highest volatile assets available. They should DY(T)OR before investing, only invest what they can afford to lose and don't except more guarantees than in a gambling game. BTC and the crypto world won't earn anything good in the long run by creating disappointed, frustrated and angry people.
I don't think OP is actually 'encouraging' anyone to buy BTC, this post is just like a sort of reference to the past were people actually thought they have 'missed the boat', but if you look at the price of Bitcoin right now, then you'd understand that they actually didn't miss anything at all, absolutely nothing. And then again, imo, there is actually nothing wrong about buying Bitcoin in its all time high, it isn't a pump and dump coin, and if you're not a get rich quick investor, then you'd definitely make profits in the long run. You're correct when you say people should do their own research, obviously, as an investor, you should find out about the coins you want to invest in and "invest only what you can afford to lose", but I'm pretty sure that anyone who does such research judiciously will under the history of the Bitcoin network and wouldn't be fazed to invest at absolutely anytime.