- Aug 28, 2014
- 11,852
- 8,676
Last time BTC was at 100k was in Jan, after that it was only going down
I see many failed in this prediction
I see many failed in this prediction
Agreed, majority of people that tend to invest more than they’re willing to part with will panic during every little downward movement - the key is to ignore the daily price movements and strictly keep DCAing until it hits your price targets.Love the chaos posts. "50k incoming. 25k following".
Nah bro. If you can afford to buy and hold for 3-5 years without getting twitchy, your money is safer in BTC than the bank (Opinion, not financial advice).
Tomorrow at this rateWhen 150K?
Well, no. It's all a volume game. Like here in India the fixed deposit rate is about 7.10% or so (+/- some basis points in reputed banks). If someone has 100 million INR, he will get 7.1 million INR per year for doing nothing. While the one with 1000 USD worth of BTC can always dream about becoming a billionaire.your money is safer in BTC than the bank
Well, no. It's all a volume game. Like here in India the fixed deposit rate is about 7.10% or so (+/- some basis points in reputed banks). If someone has 100 million INR, he will get 7.1 million INR per year for doing nothing. While the one with 1000 USD worth of BTC can always dream about becoming a billionaire.
crazy how it was just 77k just a month ago tooLast time BTC was at 100k was in Jan, after that it was only going down
I see many failed in this prediction
In my country banks' interest rates reached 20%+ on local currency and still around the same (24% was the highest it got, but never got below 16% for the last few years). On the other hand, the currency value dropped ~40% against all major currencies (ofc more for gold or BTC) over the last year alone, and it's like 10x devalued over the last 10 years. I know it's not the same for India, don't know much but I believe currency value didn't change much for the last few years(?), if so then the 7% is a good return and is absolutely a much safer choice than BTC.Well, no. It's all a volume game. Like here in India the fixed deposit rate is about 7.10% or so (+/- some basis points in reputed banks). If someone has 100 million INR, he will get 7.1 million INR per year for doing nothing. While the one with 1000 USD worth of BTC can always dream about becoming a billionaire.
I didn'tCan’t lie i started to worry when it fell to $70k
I also saw the price when it was 77K, and I thought it would drop further so that we could buy the dip. It seems that opportunity has passed!crazy how it was just 77k just a month ago too![]()