Bitcoin Price Thread

Thank you my friend I wish the best for you.

My crypto investment cost is negative now, so I can hold even if bitcoin goes to zero. I don't post much on the thread anymore as hardly anyone here on ET is interested in trading or investing in cryptocurrencies.

I held through the 2014-2016 bear market in cryptos so this could turn out to be just as long or longer.

 

I don't totally disagree with you as we probably did get a bit cocky with a 2,000% gain in about a year but (in my case anyway) I did not know when to sell. Sooo, I held and will continue to do so. I continue to believe that BTC will be over 100K within four years so that is my path.

 

Yes, you can hold to zero and loose more of your net.
Here is an analogy for you. ....

You know you are going to get hit by a car, but instead of getting out of the way ,you figure you won't be killed, just spend a few months in the hospital ...so you don't move and end up in the hospital.

Unfortunately, that is human nature when it comes to the individual investor.

 

And just think if you locked in a portion of your "2000% gain" (which is now gone and meaningless) and reloaded at these or lower levels ......again...opportunity cost.

 

what did I say about the crypto space market cap... we are heading towards 100B no doubt, perhaps over shooting to 50B.

 

Except you are saying this with 20/20 hindsight.

As for your analogy it's idiotic.

 

Of course it is hindsight, but go back and read some of the arrogance when it was at 19k.

As for the analogy, why don't you put more effort into your mostly 1 line responses. Maybe enlighten the forum to your gifts and insights ? Tool.

 

For every 1 post touting BTC there were probably at least 3 bashing it.

As for the length of my responses they fit the crap that clowns like you post.

Gee if a car was coming at me ..........

 

Is that not in line with the evolution of the bitcoin price since beginning of this year?

The cannon flesh that was needed for the run to 19K last year, has been hurt very hard with big losses. Don't think they will participate the next euphoria wave up. So who will push the price up?

 

My 19k comment was directed at Johnarb and ill trader who had total disdain for those who didn't agree with their bull stance at that high. If you are going to comment (however useless as they are) do try and keep up.