'I hope you didn't buy BTC at >$60K.' [0]
Do not invest at the all time highs. [1]
Do not invest at the all time highs. [1]
The great index funds have more all-time-highs then not, for bitcoin this has also partly been true i guess.
Still i am wary of crypto investments, easy to get burned.
https://awealthofcommonsense.com/2020/12/investing-in-stocks...
https://awealthofcommonsense.com/2017/03/all-time-highs-are-...
https://awealthofcommonsense.com/2016/11/dont-be-afraid-of-a...
> Still i am wary of crypto investments, easy to get burned.
So, since I stayed away from the late Bitcoin mania up to >$60K (and DOGE) and warned others, I am downvoted?
This is why people get burned because they don't understand these 'investments' and join in when it is late, or when Elon Musk and Tesla start a pump and dump scheme and baghodl at all time highs, which is what I am talking about.
I am now congratulating the BTC short-sellers who took advantage of the sea of red in the cryptocurrency markets just 12 days ago. [0]
'I hope you didn't buy BTC at >$20K'.
If you are so sure about this, you should have shown your short or put positions on BTC. Then people might consider what you wrote.
People that are pro-BTC usually have some money invested in cryptocurrencies.
> 'I hope you didn't buy BTC at >$20K'.
And I still wouldn't. Because...
...I also hoped you bought it at its all time low since 2017 of <$5000 - $7000 range in March 2020 when it pulled back from >$10,000 at the end of 2019. I was pleased when it dropped at the end of 2019 and bought it at a bargin [0] and bought more when it dropped again in March 2020. I and many others are laughing now. [1]
[0] https://news.ycombinator.com/item?id=21606212
[1] https://news.ycombinator.com/item?id=27139755
So tell me who is the actual 'late comer'?