hodlpleb on Nostr: I don't tell a lot of people to buy bitcoin, and the current price situation is an ...
I don't tell a lot of people to buy bitcoin, and the current price situation is an example of why.
Two week ago people were calling for $120k, $130k, $140k by the end of the year ... and here we sit at $94k.
Being "down to $94k" is no big deal if you have been stacking and have the conviction that you are never going to sell - but if you told your buddy to buy at $107k and now he's down 12% on his investment ...
Long-term, bitcoin undoubtedly goes to $1M, then $10M, then the moon.
Short-term, it's all emotion and guessing games.
#bitcoin
Two week ago people were calling for $120k, $130k, $140k by the end of the year ... and here we sit at $94k.
Being "down to $94k" is no big deal if you have been stacking and have the conviction that you are never going to sell - but if you told your buddy to buy at $107k and now he's down 12% on his investment ...
Long-term, bitcoin undoubtedly goes to $1M, then $10M, then the moon.
Short-term, it's all emotion and guessing games.
#bitcoin