Post
Topic
Board Bitcoin Discussion
Re: Throwback: Bitcoin was $64k today, a year ago.
by
nullama
on 20/12/2022, 02:19:42 UTC
These incidents paved path for more common people to get into the market. Same didn't last for longer time period and we can't be sure of the Market to be bullish forever. The real growth is happening, and we're experiencing the bear market for now. The transition from the bear market will happen at the earliest.

Many people want to have quick returns. One year seems like a lifetime for some, but for Bitcoin that's still short term.

We live in a society now that has very short attention span, but if you learn to be consistent over long periods of time, then you will probably benefit from Bitcoin.

If you can delay gratification for, say, a decade, then you will most definitely will be able to grow a reasonable amount of money in Bitcoin.

The issue for some is that they want to trade in and out of Bitcoin with fiat in a matter of weeks and expect to keep getting more and more money from it somehow. The reality is that exchanges make their fortunes from those people.