Post
Topic
Board Speculation
Re: Don't get too emotional about this!
by
Koadharber
on 07/03/2025, 05:59:38 UTC
Came back from my crypto retirement to tell you something.
I see many people being fooled by the media and stock traders. They treat bitcoin like a tradable paper where the market decides their next move. If it goes above their entry level they take profit and if it goes below the entry level they sell at a loss. In reality bitcoin is a commodity, like a house and thinking this way will maybe help you in times like this.

So, you bought a house for $1m and a year later someone offers you $900k for it. Will you sell it? Why should you? If you're not in debt, have money to pay your bills, you won't sell it, right?
The bitcoin market is exactly that. It's a bunch of people offering you money for your house. A month ago they were giving you a million, now they're only offering 800k, maybe next week they'll say their last offer is 700k. Don't like the offer - don't sell! I know that my bitcoin is worth more than 100k and I don't care that they now want to pay me 78k. I'll wait for them to come back to their senses and come up with a better offer. At this point I wouldn't be satisfied with anything 5-digit.

One more thing. In a worst possible outcome for bitcoin I see it at 150k in 2 years. If you know an investment that will offer you over 50% a year on the average, just get rid of your bitcoin and do that.
Have no regrets, you only live once and life is too short to worry. If you don't know anything like that, hold bitcoin and chill. Again, life is too short not to hold any bitcoin and regret later when it's back above 100k.
All matters with your personal approach and views towards Bitcoin in the first place but its not really that bad on giving out some advises in regarding into this one on which it might sounds common but actually this is really something that must people should really be that doing on which considering about on the potential of Bitcoin then you wont really be having no doubts but we do know that not all will really be that long term holders on which there are those who do want to deal up with prices in a short period of time on which they will really be that wanting to make profits with those price swings on which its not really that a bad idea either. It all matters on how well you would really be making out such buy and sell within the price you've been currently been dealing with but of course we would really be selling out when we are on profits.