Post
Topic
Board Bitcoin Discussion
Re: A time people have been waiting for bitcoin to drop
by
longlivecapitalism
on 09/05/2022, 20:36:23 UTC
Here's the truth: Most people will not buy at the absolute best price. There's not way to predict that. But seeing as this is a huge drop from Bitcoin's highest point, I'd say it's a good time to buy it. I've been telling people that this time has been coming and to hold off buying at high prices and I've been laughed at and ridiculed. One, two, three times, how many times do people need to see a pattern repeat itself to expect that it will happen again? And at almost regular intervals too! The point is, you may buy at 31k and see it drop at 28k. Big deal! Historically, after a big rally Bitcoin drops by a lot but usually not below the highest price that it had reached in the previous big rally (that was about 20k for last one, in the end of 2017).