Post
Topic
Board Bitcoin Discussion
Re: Throwback: Bitcoin was $64k today, a year ago.
by
cheezcarls
on 22/10/2022, 07:25:55 UTC
Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.

Let this be a lesson to anyone new to crypto, not to get greedy.

I didn't bought from the top. I've just regretted letting go of BTC too early when it was around $12k when it suddenly pumped to $30k by the end of 2020. I was even hesitant to buy because I am hoping for it to go down again to at least $15k, but instead it shoot up to $60k+.

With my extra money every month, I just put a percentage of it to DCA with Bitcoin and also adding Ethereum as well. I just don't know when will it be going up again but I always believe that the best time to build and accumulate wealth is when things are going quiet like the bear market we have nowadays.