Post
Topic
Board Speculation
Re: Bottom of the Bear Market...let's accumulate!!
by
kro55
on 12/01/2023, 02:55:14 UTC
~~~

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

Who is accumulating and how much are you hoping to add to your stash this year?

We can invest in bitcoin whenever we want, bitcoin will always make a profit. But I agree with OP one thing, if someone misses 2022, then maybe this is the last year we see bitcoin under $20k. If we miss this opportunity and when another bull season arrives, buying bitcoin will become even more difficult. Remember the lesson when bitcoin was at 3k in 2018, and if someone didn't buy it, there was no chance.
Of course, we can still invest later, but if you want to make a lot of profit, let's accumulate now, procrastination will not help us become rich.