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Crypto!! Who’s been tipping there toe into the market

Who’s buying crypto at the moment if not it’s a really great time to start paying attention
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TinyViolins · 36-40, M
People who buy when it's on an upturn are the one always losing money on it. They think it's a rocket ship when it's a really a rollercoaster. You gotta buy when it's low, like really low. Don't buy now. Just be patient. You're playing a long game.

The bitcoin I bought years ago is now worth almost 400% more today. If you bought a month ago, you got a single-digit % gain, and probably not even enough to to be worth the transaction fee of selling.

If you buy now, you're probably going to be at a loss for a while and might not ever make a worthwhile profit. It's literally at an all-time high despite being around for 17 years. Think about that. How many years are you willing to wait until we reach another record high?
Tonydang · M
@TinyViolins yeah I’ve holding for a while you were definitely in before me congratulations I’m definitely heaps in front but I completely agree I think crypto is taking on a new level
Tonydang · M
That’s ok it’s not for everyone some people have to be left behind
GerOttman · 70-79, M
I have some $IBIT, close enough for me!
ViciDraco · 41-45, M
The faster crypto dies, the better off we'll all be. It's literally a digital representation of artificial scarcity for a resource with no inherent value. At least you can make things out of gold. But also does it lack inherent value, it burns a lot of valuable resources to provide the energy to create and keep track of.
meJess · F
Translation: We need more buyers or we can’t cash out.

Never see posts suggesting you sell, funny that.
Tonydang · M
@meJess don’t worry there’s so much money being poured into crypto trust me no body is waiting for your money to cash out today’s 24 hour volume just in bitcoin is 154 billion so you can feel safe nobody is trying to con you 😊
meJess · F
@Tonydang I believe the same was said about Tulip futures a few hundred years ago, and the stock market in 1928.
Hasmita · M
@meJess Thanks goodness we can't go back to the past.
I have spoken to people on this site who were born in another century. Bit of a time traveler really 🙂

 
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