Hi Bitcoiners
Hello fellow Bitcoin enthusiasts! I want to share a personal story and seek your honest advice. Previously, I thought investing in BTC was only for whales and that small investors like myself wouldn't see significant gains. However, yesterday I saw a tweet from someone who invested $500 in BTC when it was at $82,000 and now their investment is worth $3,000! I felt regretful for not investing earlier and wished I had converted my money to BTC. Now, I'm considering a new strategy: if BTC's price drops a bit, I'll invest the money I have and convert it to BTC. Please share your honest thoughts - is this a good idea or not?
You're falling into the cheap click-bait by crypto twitter. Have you ever calculated it by yourself? The truth is, if that guy invested 500 bucks at BTC's yearly low, he's not made 100% of his ROI yet. He's close, but not there.
I think if you're investing when we're at the pump, it's a high risk decision, but why didn't you do it when BTC was at the bottom?
It seems to me you're getting click-baited by that twee that came from stranger. My suggestion is that invest when BTC is getting a huge correction, but if you can deal with the risk, then put it now. Who knows if next year each BTC will cost 200k.