Quote from: YOSHIE on June 10, 2022, 02:16:36 PM

Quote from: Zilon on May 28, 2022, 05:28:06 AM

I am asking what will you sell to buy more bitcoin if this speculation ever happens or will you choose to sell off all your bitcoin due to FUD.

Speculation is fine of course, but I have my own perception of the future of Bitcoin, Bitcoin once, touched the price of $6k two years ago, a lot of people did nothing for Bitcoin, when it broke through to the $40k level everyone was busy talking about it, I think if the speculation you mentioned happened, the same thing happened when the Bitcoin price was still $6k.

My view, Only 1% of people sell their assets to buy Bitcoin, but if $8k happens, of course this time I don't want to do anything wrong, definitely do something for Bitcoin long term.

I do not think that 1% of the people sell their assets to buy bitcoin. When you think about assets as things like houses or cars then you might be right, that is not common. However, when you consider assets such as gold, foreign currency, stocks, and other stuff like that, those are assets as well and people could end up changing stuff there and it would be making a ton of profit by selling those and moving to crypto and making a better result.

I am not saying that it should be a good deal, all I am saying is that the best thing we could do about this problem that 8k means a ton more people selling all other liquid assets like stocks, which would help a ton.