Post
Topic
Board Bitcoin Discussion
Re: I don't want to buy cheap bitcoins, I want to buy expensive ones
by
lizarder
on 05/11/2022, 09:54:32 UTC
Years pass, cycles pass, but nothing changes. Cheesy
The only thing that changes is the correction process, even though the same cycle occurs over and over again, the uniqueness of bitcoin lies in this kind of cycle.

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I wonder how much longer it will take for people to realize that low prices are a CHANCE to buy, not some kind of disappointment. Instead of taking this chance, they are burying bitcoin. Instead of taking profits or enjoying an increase in the value of their assets, they start buying. They buy at the top of the market, and then they say that bitcoin is a pyramid scheme and a scam. Now I am talking to some people IRL, who are also interested in cryptocurrencies
There is a kind of skepticism when people buy bitcoins at high prices, that's normal and happens often, because most people don't know what a cycle is, even though bitcoins can be bought in the market at any price.
But when people make the wrong buying strategy, it will happen and will be labeled "Bitcoin is a pyramid scheme and a scam". The fault lies in determining the strategy and entering the market at the wrong time.

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I ask: Have you already bought bitcoin?
Answer: No. I'll wait until he recovers.
Recovery in this case is still quite speculative, whether the person intends to buy bitcoin at $60k, $50k, $40k and or at what price.
Fortunately until now I personally have bitcoin, although not too much and still making purchases gradually. For me bitcoins are too much fun to keep slowly accumulating.