Post
Topic
Board Bitcoin Discussion
Re: Throwback: Bitcoin was $64k today, a year ago.
by
KaliLinux
on 22/10/2022, 06:55:05 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.
They haven't really lost money if they have not sold, just unrealize lost but whoever is investing in Bitcoin must know that Bitcoin investment is for the long term and should be able to wait out the market turbulence of the bears season and also understand that there have been no bear market thus far that Bitcoin has not come back from and I believe this time is not going to be any different.