Post
Topic
Board Beginners & Help
Re: Too risky to leave BTC right now
by
Odusko
on 19/10/2022, 19:25:40 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 exact same thing the opposite always happens.

Do not sit back and do nothing
You may be right and at the same time, you may be wrong, even though people are calling for a $10,000 price that does not translate into an uptrend price. The opposite doesn't always happen in most cases but again in some cases, it may happen.
But when it comes to Bitcoin price speculation we should always try to bring in some data analysis before arriving at any conclusions, but all I see with this kind of statement, are just predictions and nothing else.