Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Rabata
on 30/12/2024, 10:58:24 UTC
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Well, I will have to agree on this one cause the rate at which BTC is pumping right now, the cost of frontloading your investment portfolio into Bitcoin will be really expensive, but hey you never can tell, someone with a deep pocket can just do it (still a presumption thought)
Such a thing does not need to be assumed because most people can also see that at this time there are already many rich people with deep pockets who want to buy Bitcoin without thinking about the expensive costs. Because people who already understand Bitcoin will never stop buying Bitcoin and they will even continue to be enthusiastic in buying when they see the price of Bitcoin which has increased. But if you do not have deep enough pockets to be able to buy Bitcoin in large quantities, you can still buy it little by little because that can also be a good option for people who do not have that much money.
Bitcoin is an opportunity for some and a regret for others. Those who were surprised by the price of Bitcoin in 2020 and refrained from buying Bitcoin are at a high level of regret today. The sad thing is that even if they have the ability to buy Bitcoin, they will not be able to buy Bitcoin at that price. However, the happy thing is that there are still many who know about Bitcoin but due to lack of proper knowledge, they are not able to invest. Those who have learned about Bitcoin are lucky, especially those who have learned about Bitcoin through this thread or any other means and are holding Bitcoin. It is not possible for everyone to spend a huge amount of money to buy Bitcoin. Therefore, those who have less money or those who want to hold Bitcoin regularly for long time can follow DCA. There are many who had money but neglected it, but those who did not start holding Bitcoin despite knowing will have to buy Bitcoin at a higher price with in few days.