Quote from: Don Pedro Dinero on Today at 02:01:20 PM

Quote from: serjent05 on Today at 01:42:54 PM

Quote from: Lida93 on Today at 01:17:23 PM

I think in the long run, probably, by the next bitcoin circle people will start having a different view about their decision. Right now the timing seems worrisome.

In my belief, I think DDC plan of accumulating BTC in the next three years is brilliant. They can acquire BTC at a discounted price since as I stated, the next 3 years will be a bear market for BTC if the cycle did not change. Then after a year of that 3 years accumulation comes the bull market for Bitcoin where they can possibly see a significant increase in their Bitcoin holdings value.

Lida93 is not a bitcoin maximalist, I can tell you that, because if you are, you know that the best time to buy bitcoin is today, regardless of the time of the cycle because we cannot time the market, and we do not know if the certain regularity that we have observed in the cycles will be repeated. What we do know is that bitcoin due to its characteristics will tend to grow a lot in purchasing power. But a lot. So no matter when you buy, backing your company with the best asset in the world is a good decision.

There is nothing wrong with being smart about an investment. Doesn’t mean you can afford it is you won’t find a way to maximize the coins you can buy. They are still a business after all and they need to think about ways to maximize their profit and buying cheap will do exactly that. Bitcoin is still volatile and I believe it will decline still as much as I believe it will still rise.