Dunno what's coming next but I have two worst case scenarios in mind: 1. Goes up a bit more like 20-30k and crashes back down to 10k making many people lose money and getting pissed and calling it a bubble and stuff... That's the lite one. 2. It continues this abnormal 10-20% daily growth goes over 50k maybe to even 100k in no time then implodes causing a huge ass depression and economical crysis and sparking a wave a regulations bans and whatnot. Either way I don't see it going anywhere good. PS: not bitter, haven't sold. I'm HODL'ing and will go down in flames with the rest of you f*ers. But really tho` .... this growth is SCARY AF
This is something crazy happening right now and it is likely to continue. Now i am seriously considering why am i working for money rather than investing and reinvesting strategically. This is not how economy works and it should not work like that where people stop working but this is what i should do now.
It will keep going with these Futures on the rise but will crash a few months after will hit 20k this month almost hit that today on Coinbase
IMO, one of the reasons BTC is rising so much is because it has such a low barrier to entry, relative to trading stocks, futures, forex etc. I'm reminded of the old adage, "when the taxi driver starts recommending *insert flavour of the day*, then it's time to think about selling"
What a time to be alive. We’ll look back af this play in 5 yrs time, thinking about those crazy days. I’m selling 50% at 16K btw. Not trusting the futures thing. Still having a lot of fun with it tho. Not sure if I’ll be able to sleep
I think on this weekend we will have a thread called bitcoin now is $20k, what should I do will all that money now
Nah you just cant say things without backing it up. “Its my opinion that vaccines kill children” Say that and expect people to say yea nice opinion. There is no debate to begin with. All i see are people crying btc is in bubble, btc is tulip blah blah shit.
Its in a bubble for sure, but not a bad bubble. Just one where experienced investors know its just a slight correction, and new investors see it as some kind of scheme.
Hey guys, sorry for asking a stupid question. Is it worth buying bitcoin right now? If so where should I buy it? Thank you.
