Post
Topic
Board Speculation
Merits 15 from 8 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 09/11/2024, 01:51:05 UTC
⭐ Merited by El duderino_ (4) ,True Myth (2) ,machasm (2) ,JayJuanGee (2) ,vapourminer (2) ,Biodom (1) ,d_eddie (1) ,JimboToronto (1)
they may well be better off to invest into bitcoin rather than to be fucking around trying to trade what it either one of the best of investments available or the best investment available, so why fuck around trading the best investment.  Hardly makes any sense,
Not everyone is loaded with bitcoins from early days. People need to move investments time to time (needs, better opportunities) and which is best time to move and not move, crucial support levels can help you a lot.


Ok. I will bite..

It doesn't matter when you acquire your BTC, because it goes up over time.
... some guys got their 100x by selling at 25$, some at 300$, others at 4k and others got a 100x by selling at 60k. 

It doesn't matter when you get in, it's about how long you stay!  And if you in a hurry to get out Bitcoin is not for you, imo.
This is not a get rich quick scheme !

Or, to vaguely quote Saylor... It's not about timing the market, it's time in the market..

Timing the market has its risks!


Let me explain it this way...... The following is an analogy of what you are doing:

You are selling plastic beads (fiat) to idiots who trade you gold (BTC) in return.  And right now you are arguing if you should give them 1 or 2 plastic beads for an ounce of gold  Roll Eyes

Don't be greedy.... be happy that someone sells you the most advanced store of value mankind has ever encountered, for something that has almost no value at all!! 
How long do you think you can do that "plastic vs gold" trade ?? 

I think you are taking a huge risk by fucking around.  One day the train suddenly leaves the station and leaves you standing there with bags full of worthless plastic beads.... just because you were too cheap to pay 2 beads instead of 1 for an ounce of gold...

Don't be a moron. Nobody of the rich guys in the WO got there by trading or timing the market... it's all about riding the wave (longterm) !