SatsVenture on Nostr: Could there be downside or is this BTC going up forever ?!?! No markets are certain, ...
Could there be downside or is this BTC going up forever ?!?!
No markets are certain, including bitcoin. Against odds, bitcoin could trade down after you buy today.
Let’s say you buy right now. It could trade down tomorrow . But then trade up over the weekend . Then down again Monday.
But basically yeah it goes up; but it also goes down. If you are okay with some potential downside short term, but upside long term then good investment .
However, trying to time the market is really tricky . It’s just luck for the most part, if you decide to wait till it drops but then it doesn’t drop … then you are now buying at an even higher price .
There’s no point getting so fixated on its current price by a few thousand each way. When BTC eventually reaches $200k or $300k in the foreseeable future. Will you care if you bought it $75,000 or $73,000? I would say no. You would just be glad that you bought it .
#btc #moon #trump
No markets are certain, including bitcoin. Against odds, bitcoin could trade down after you buy today.
Let’s say you buy right now. It could trade down tomorrow . But then trade up over the weekend . Then down again Monday.
But basically yeah it goes up; but it also goes down. If you are okay with some potential downside short term, but upside long term then good investment .
However, trying to time the market is really tricky . It’s just luck for the most part, if you decide to wait till it drops but then it doesn’t drop … then you are now buying at an even higher price .
There’s no point getting so fixated on its current price by a few thousand each way. When BTC eventually reaches $200k or $300k in the foreseeable future. Will you care if you bought it $75,000 or $73,000? I would say no. You would just be glad that you bought it .
#btc #moon #trump