Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 24/01/2024, 17:45:24 UTC
⭐ Merited by JayJuanGee (1)
Let's say for example if we have an average cost of $1k per BTC or maybe even way less, as Jimbo proclaims to have something like 2 digits on his average cost, but anyhow, for the ease of illustration and maybe even to help guys to relate a bit, then maybe if you are currently around 40x in profits and in the whole scheme of things, it does not make very much difference if you ended up selling some of those coins in 39x profits or if you could have had gotten 49x in profits.

Whales are called whales for a reason. They are the one who put there money and trust in Bitcoin when others were laughing on this new discovery. They are called Whales today because they bought Bitcoin at lower prices and are now ruling the market.
Those who have bought Bitcoin at average price of 1000$ or 2 digit and still HODLing have patience in true sense. I even have a person in my circle who is HODLing and will sell only when Bitcoin touch 100k$.
Those who are new to the market like me should not lose heart. There are still ample opportunities when we can buy Bitcoin at lower prices.