Post
Topic
Board Speculation
Re: Buy more Bitcoin when downward
by
tygeade
on 02/07/2024, 15:40:03 UTC
I wish more people did this, it is obvious that we are not dealing with anything all that crazy, we should consider how to make some return when we can, and because of that we are dealing with something that is going to be easier, and should be fine. I think it is clear that we are seeing this type of issue rising more and more, and that is why things aren't that simple.

We need to make sure that we can make some returns, and for that to mean something we need to be more careful about it. I know that it is going to take some time, and I know that we are going to end up with a lot better result, we just need to make sure that we know what we are doing. If you buy when it is down like this, at near 62k or so, then I am sure that you will profit later on.
This is not easy because what we "believe" is not what others believe. Sure, I do believe that we are going to be able to profit a lot when the price goes up, so buying right now is a no brainer for me too. However, how are you going to convince other people that the same will happen?

I mean if someone came to you and told you how do you know that the price will go up, and ask you to reimburse them if the price doesn't go up in a year, would you be able to do that? Of course not, we just believe what we believe and I am willing to put all my money into it, but at the same time I am not going to try to convince anyone else to believe the same thing. If they do not want to, and they want to get out, it's their decision to do whatever they want.