Post
Topic
Board Bitcoin Discussion
Re: Throwback: Bitcoin was $64k today, a year ago.
by
maydna
on 22/10/2022, 06:12:38 UTC
I think this post and the post of coin gecko would somewhat serve as a sign or a perspective on what Bitcoin can do in the long run and how its importance in the world, not just as a speculative asset. But it's important not to forget people who have also purchased at the top and lost money right now. But if they are to wait and believe that it could go back, it is going to work.
That is, if people can see the potential that bitcoin can give them. But unfortunately, people don't think so and only want short or medium term profit and only make bitcoin a speculative asset. I think some still hold their bitcoins even though they bought above and lost, but they realize that buying at the bottom can reduce their average buyer price so that their purchase price can go down if they still decide to buy at the bottom price.