Comment on Buttcoin
Flauschige_Lemmata@lemmy.world 1 day agoPractically the only time, Bitcoin isn’t at an all-time high is when the price is falling. That would be an even worse time to buy
Comment on Buttcoin
Flauschige_Lemmata@lemmy.world 1 day agoPractically the only time, Bitcoin isn’t at an all-time high is when the price is falling. That would be an even worse time to buy
null@piefed.nullspace.lol 12 hours ago
Why would that be a worse time to buy?
Flauschige_Lemmata@lemmy.world 9 hours ago
Because it will be decreasing in value right after you buy it?
null@piefed.nullspace.lol 9 hours ago
As opposed to a little bit longer after you buy it?
The point is that if you’re buying it, you should be expecting to hold onto it, not trying to quickly flip it for profit.
Doing that with any financial instrument is a terrible idea.