OgFOMK ArTS on Nostr: My very uneducated analysis is that we are heading to 36,000 or 42,000 and then ...
My very uneducated analysis is that we are heading to 36,000 or 42,000 and then 150,000 and then 64,000 and then 240,000 and then 80,000 and then 300,000. Something like this.
Only I state this because in the past the high and low was this extreme.
Now what the $USD will buy will also be a lot less. With the increase of "Stable" coins backed by printed money and bonds that are also printed out of nothing. Inflation will continue. Bitcoin will be a way for you to take you dollars from each and every day and go surfing.
If you make large Bitcoin purchases with your dollars and you do not have the dollars to pay for what you need you will regret investing in Bitcoin because you will have to sell when you don't want to.
.
Dollar cost averaging is the best strategy and being conservative is the smartest strategy.
In the past I took out debt in order to acquire Bitcoin and I regret this strategy. It was stupid and it made me arrogant and over confident.
Only I state this because in the past the high and low was this extreme.
Now what the $USD will buy will also be a lot less. With the increase of "Stable" coins backed by printed money and bonds that are also printed out of nothing. Inflation will continue. Bitcoin will be a way for you to take you dollars from each and every day and go surfing.
If you make large Bitcoin purchases with your dollars and you do not have the dollars to pay for what you need you will regret investing in Bitcoin because you will have to sell when you don't want to.
.
Dollar cost averaging is the best strategy and being conservative is the smartest strategy.
In the past I took out debt in order to acquire Bitcoin and I regret this strategy. It was stupid and it made me arrogant and over confident.