Hi all. I'd like to open the forum for real discussion. We often see people saying "BTC is future!" "There's no best time to buy, just buy!" But I'd like to open the floor. Skepticism is a thing. How are people so sure. What makes people so sure?
Posted by hmmhowaboutthisone
4 Comments
I just buy BTC every week. I don’t care about price. I want BTC, not fiat money. For me it’s my lifetime investment and also for my wife and son. It’s simple. It’s digital gold. 21M and that’s it. Imagine how much fiat noney will be printed in the future. Neverending story.
About the scepticism? One thing is i just scared the most and tha’ts fund lost. There is no person or institution who can help you with it.
Bitcoin Cash has Futures on-chain at https://futurebitcoin.cash.
Coupons are generated by a chat app, which incentivizes folks to lock coins into weekly CashToken series. It’s been chugging along for almost a year now.
There’s no liquidation pathways and no connection to fiat.
They’re not sure, just speculating and hoping. Many are young. Many are greedy. Many put all their eggs in one basket.
People should develop a sound, well-planned investment strategy based on their individual financial circumstances, timeframe, goals (other than get rich quick), and affinity for risk. Bitcoin or any crypto may fit well in that strategy.
IMO, the crypto landscape is changing with all the state strategic reserves, institutional buyers, digital treasury companies, etc. Previous cycles may not hold.
Never invest more in highly volatile assets than you can afford to lose. That said, I’ve been stacking and hodling for years, but wouldn’t be bothered to see a 60-80% pullback.
They say to replace a large network the new network needs to be 10x better. Bitcoin is 10x better than gold. It has a moat. No other crypto can replace it’s role. Store of value and uncensorable on a government level.