Post
Topic
Board Beginners & Help
Re: Too risky to leave BTC right now
by
KiaKia
on 19/10/2022, 06:18:57 UTC
It's way too risky to be out of bitcoin right now because people are calling for 10,000$ per Bitcoin before they will start buying,  it sounds like when people are calling for 100,000$ per BTC months ago and the opposite happened, now people are calling for 10k again, the opposite might happen again, the best way to deal with this is start buying BTC every week, maybe on Mondays? This way you will feel better.....remember, when people are calling for the same thing the opposite always happens.

Do not sit back and do nothing

Honestly OP the price of BTC is volatile which means you can not access it anytime or know that the price will go up higher or lower, in short, it depends on the market. So if other said that they will buy BTC is the price will go down as they expected then that's their decision.  But for me now is a good time to buy because the price is lower 2x than  almost a year ago which the btc price is reaching $60k.
Exactly, I'm happy someone fully understand why I created this topic, I will still stand on my point, if you aren't already dollar cost average into BTC you are making a huge mistake, the useful ness of stable coins is to take advantage of the market but since no one can predict where market is headed we have to ease our risks by investing gradually as the market price goes down.