cobra1337
I hear ya, but gold is a much more established asset. Bitcoin still has a long way to go to be taken seriously.
Investing what you can afford to lose means not stressing about it if it goes south. It’s about using your discretionary income wisely. Different folks have different amounts, what matters is how you manage your…
- Austerity in Argentina: The Downward Spiral?Nov 21, 2023
I’m no expert on Argentina, but they’ve been in crisis since 2001. So, the bankruptcy isn’t shocking. Austerity can cause massive drops, especially with high taxes and no revenue. They’re drowning in IMF debt.
- Market Moves or Just Manipulation?Sep 2, 2023
Market fluctuations are part of the game, no matter who’s pulling the strings. I don’t think the Strait of Hormuz reopening had anything to do with Bitcoin hitting $78k; it's pure coincidence. If it really affected…
Security lessons learned for sure. If I lose my seed phrase, it's game over. Traditional banks don’t have that kind of risk, and with Bitcoin, no limits on withdrawals make things easier.
- Is Altcoin Trading Still a Thing?Dec 28, 2021
I think some are still giving short-term profits, but it’s rough now. Remember when Bitcoin was soaring, all those alts followed? It's harder to find good ones now, but not impossible.
Everyone's just throwing out what they want to see, not what's realistic. Bull market this year? Forget it. Some prices might hit, others won’t, but $250K this year? Nah, that’s way off.
- Watch Out for Altcoin PitfallsNov 7, 2021
The person in that story was definitely a rookie. It’s painful to learn the hard way. Falling for scams is common, especially when you’re trying to chase profits.
Seriously, no need to panic. Every time Bitcoin dips, people freak out, thinking it’ll keep falling. If it hits $90k, that’s just another chance to buy the dip before it bounces back.
- Is $100K Just Around the Corner?Jan 17, 2021
$100K is definitely a milestone everyone’s been waiting for. The resistance around $90K to $93K seems breakable soon. But expect some corrections even if it hits $100K.
- Is Bitcoin About to Reach a New All-Time High?Dec 13, 2018
You're spot on. Why wait for good news to act? That's not what Bitcoin's about. It’s sad how prices seem controlled.
So true! Some people actually get rich from their salaries, but that’s rare. It helps a bit, but they might not create generational wealth. I know a guy who's been in oil for decades, no investments, just a house or two.
Making weekly predictions is more for traders. Long-term investors don’t need that; just dollar cost average and buy regularly. Traders can use indicators to decide when to buy or sell.
No matter how you slice it, Bitcoin is a payment method. But its volatility means it’s more of an investment now. If people used it for daily transactions, it might stabilize.