Call it FOMO, call it dreaming. I've been skeptical about btc's meteoric rise for a year+ (even as it lost 40% of its value). All the while making DCA buys. Finally acquired 1.0. This is slightly less riskiy than casino gambling to me. Jeez I hope you crazy kids are right.
Posted by PaperOrnery8697
14 Comments
Welcome to the club 🚀
We’re not all kids. Crazy? Hmm.
Go and do some reading. You seem pretty clueless about bitcoin.
The Bitcoin Standard is a good start
yeah come back tell us how crazy it was in 4 years, then tell us how you wished you would of kept DCA in the whole time..
Seriously, why would you spend that much money on something you don’t believe in? I honestly think you’re stupid, regardless of the outcome.
It’s not gambling if you actually have a decent reason for investing in it (understanding why it will increase in value). You don’t seem to believe that is the case so I don’t understand why you would invest in it at all.
I feel it will go to $400K when you sell lol
Where do you hold your bitcoin? Self custody right? I hope so
Based on the weekly RSI and monthly RSI right now is probably 85 percent of the optimal time to buy. The optimal time was in February and March. Plus there is a double bottom pattern on the chart with a price target to around 84k.
It’s a good buy time. Notice how nobody is mentioning the double bottom pattern. They either don’t know technical analysis or are working against your interests.
You’re not crazy. You may not fully know about btc, you should learn more. I don’t know you but you probably recognize patterns easily, maybe more than those around you. The DCA proves that on some level you believe in the thesis of btc. The pattern you’re picking up on “gambling” is what’s called an asymmetric bet, you recognize the risk (smart) but acknowledge the potential upside (could be huge). I get that it’s subjective, many will be mad that you have the means and resources they dream of. But the pattern you’re inferring is real, the bet is real, it’s binary, 0 or 1 (1=infinity)
Will probably be 0.001 bitcoin once you get hacked from someone seeing this post
You are doing the right thing.
Then don’t buy
please sell so you can give us more informed bitcoiners some bitcoin at a cheaper price