Post
Topic
Board Speculation
Re: How is everyone doing?
by
sgbett
on 10/11/2022, 14:10:29 UTC
Thanks for asking. I’ve been mentally preparing myself for a $13K BTC so I’m not too worried yet. I will admit though, I was hoping we would see Bitcoin hold the $20K range. I am curious how deep this recession will be and if interest rates are going to continue rising while assets get clobbered. I still haven’t shut down all my GPU miners though and am still optimistic that once this crash is behind us, there will be brighter days ahead.

Sensible. Whatever views I might have, I don't want to see us plebs losing money, and a surefire way to do that is selling at a loss Smiley

Anyone lucky enough to have taken a few profits at the highs might see some value here. I know "my Bitcoin" is super cheap right now, and I am sat on big "paper" losses!

Be interesting to see how Saylor, Must et al deal with it, I can't recall their exact respective cost basises (sp?) but they gotta be hurting a little now.