Yet another Bitcoin thread.

Sir_manalot · 2020-12-17T21:05:55+00:00

It is hard to say.

I think it is approaching a peak though (if it hasn’t hit it already). I could see it nose diving any day now.

But it could also spike to even stupider numbers.

Personally I would jump ship now. But I am fiscally conservative (more risk adverse).

It is up to you.

silly_birb · 2020-12-17T22:38:17+00:00

I think it will drop because people will probably fear to lose money. You could already see it from howndifficult it was to reach 20k ATH because the closee to 20k the more people sold in fear.

I didn't buy bitcoin for now, i'm waiting for it to drop and buy each month to average the price on the long run, so if an ATH happens again i can choose to sell, otherwise i don't lose much.

hopscotchking · 2020-12-17T22:47:27+00:00

I’d for sure buy some.

We stayed above $19k for only one day back during the 2017 peak. This time we went back and forth between $17.5k and $19.5k for close to two weeks before rocketing right past that and now we’re over $22k.

I think this time is way different than 2017 and it’s because we have had slow and steady growth this time around. Also, institutional investors are quickly jumping in. They wouldn’t be doing that if they didn’t see it going up.

I would also recommend buying Ethereum.

Check out /r/ethtrader /r/bitcoin and /r/cryptocurrency.

gamerbike · 2020-12-17T22:47:58+00:00

Chainlink my boi Link eth btc, the chadfolio

Ant-Ray · 2020-12-18T00:25:14+00:00

i think it'll hit 100k over the next decade.

Of course, there will be many rollercoasters too

CodeDiscombobulated1 · 2020-12-18T03:56:56+00:00

i dont buy btc

i buy deflationary staking coins that earn you passive income for holding

its kinda like mining btc, but you dont need any expensive mashines

Chakra_Devourer · 2020-12-18T16:49:45+00:00

it hasn't had a serious correction yet. We're expecting a 30-40 % correction. You should jump in after the correction. But well...it's your call to make. In the long run, you'll end up in profit anyway.

softlikedough · 2021-02-24T18:43:26+00:00

I hope you invested heavy before current bull run.

AncientMGTOWWISDOM · 2020-12-17T21:04:42+00:00

bitcoin isnt a bad play here, but there are betters, I like Etherium, litecoin, I even like dogecoin. or any top 10 crypto is good bet.

anon_likes_tendies · 2020-12-17T21:20:43+00:00

Go dogecoin

Beehive39 · 2020-12-18T18:31:51+00:00

I don't like to speculate or gamble so I avoid bitcoin. Could I potentially benefit greatly by investing? Sure, but I could also lose a lot as well.

Title	Yet another Bitcoin thread.
Author	mnchrme
Upvotes	4
Comments	25
Date	December 17, 2020 9:01 PM UTC (5 years ago)
Subreddit	Posted in /r/MGTOW
Original Link	https://old.reddit.com/r/MGTOW/comments/kf669g/yet_another_bitcoin_thread/
Archive Link	https://theredarchive.com/r/MGTOW/yet-another-bitcoin-thread.730991 https://theredarchive.com/post/730991

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