The Bitcoin market has seen some declines in the last 24 hours.
Another opportunity for those who want to invest in bitcoin has come again. They should key into without hesitating. This morning I saw $115+k and right now as of typing this it is $116+k though it is still on the ref lines so I am thinking that the marking will still come down before it will rise again in the 4th quarter of the year. So if anyone is interested to buy this is the best time to buy.
Many people will miss this opportunity again. Bitcoin would not go down below $100k again so if anyone is still on that way before buying it is a waste of time and it is better for the person to start the investment.
Since when has the price mattered in terms of someone who is brand new to bitcoin to buy? If you are brand new, then you have no coin, so why would you wait to buy? If you wait, then you are ONLY preparing for the BTC price to go down, but if the BTC price does not go down, then you will be resentful if you had an opportunity to buy but you did not buy any BTC.
The more difficult question might be for someone who already bought a lot of BTC, so then if he buys more then his question might be whether he has enough to feel prepared for up, or can he afford to wait for down that might not happen.
the price did come down though... no question about that.. so yes this is an opportunity to buy. its discount compared to the seasons average
discount is good
i know you are obsessed with wanting people to just blindly buy at any cost.. but thats the rhetoric of greedy holders wanting naive people to buy high, so that the greedy holders can sell high
the smart investor will always look to take an opportunity to buy low. because thats just smart investing
#buy-low,sell-high
Yeah, of course, you, franky1, got it all figured out. You make it sound as if I am trying to get others to pump my bitcoin bags when I could give less than two shits about normies pumping my bags since we already have rich people, governments, institutions pumping our bags way more than necessary.
Funny thing with retail is that an overwhelming majority of them are not buying and are too busy sitting on their hands, even if they know about bitcoin. They are afraid and skeptical and part of the solution is to get the fuck started so that they can at least have some bitcoin. They can figure out their other details, and yeah if their strategy is retarded like you are suggesting to wait, then they may well be waiting forever and never getting a stake, which largely has been the case in the past 3-ish years.
Part of my point is that if you have no bitcoin, you are not prepared for up.
sidenote:
buying low means investors get the advantage of a later rise coming soon to break even/profit..
- the higher you buy at the longer you have to wait to break even/profit
- the lower you buy at the sooner you have to wait to break even/profit
A new person is going to tend to have no fucking clue if the BTC price is high or low and if they look at the charts they are mostly going to conclude that bitcoin prices are high no matter what.
So if they are a longer term investor with a timeline of 4-10 years or longer, then they may spend 4-10 years or longer just ongoingly accumulating bitcoin so they might be buying as much as they can for several years before it might start to make sense to start to consider whether the BTC price his high low or whatever.
Yeah, of course, you franky1 are smarter than everyone else so you can figure it out, so maybe newbies should just contact you directly so that you can specifically tell them when to buy and when to wait... as if you have any fucking meaningful clue.
however those already holding whom want naive investors to buy high, are just greedy by wanying highly supported highs for them to sell high..
You and your conspiracy bullshit.
The fact of the matter is that each person has to figure out what to do and if they are a no coiner or a low coiner they are likely better to get started no matter the price, and they can figure out the other details as they go in accordance with
their personal factors.
its because for instance,
myself, i have hoards from years prior, so even on this weeks low im still in profit. i dont need to sway others to buy high/higher. im happy to sel at any price and profit. i dont need to be greedy to tell others to buy high. plus its not really ethical to try to sway others to buy high
if you just want new investors to buy even on the high, thats your greed.
if you were smart investor you would already be in profit even on this weeks low, to not need new investors to buy higher
Yeah of course many longer term bitcoiners have been in long enough that our average cost per BTC is $1k or lower, and even if our costs are $10k or lower, why should we give too many shits if the price put our holdings at 12x profits versus 11x profits or even if it goes down to 9x profits?
Sure even some longer term holders screwed up and have higher costs per BTC, yet I would even expect that any bitcoiner who had been steady accumulating bitcoin for 4 years or so, then his average cost per BTC would be right around the
200-WMA, which currently is $51.6k-ish.