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Old 01-11-2021, 07:10 AM
 
481 posts, read 190,253 times
Reputation: 168

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Quote:
Originally Posted by My Kind Of Town View Post
Honestly, you should be looking at this time as an opportunity to jump in. Start small and then build up as your confidence in this investment grows.

He won't. He said he wouldn't even comment unless it got back to $20k and he already has now twice after this record price run. As you said this is the time to be doubling down if you want to make real money.
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Old 01-11-2021, 07:10 AM
 
Location: DFW, Texas
238 posts, read 171,924 times
Reputation: 375
Best time to accumulate bitcoin is after so-called crash. It is concerning last few days due to too much excitement as seen in this forum. Correction is healthy and expected before hitting 6 digits in couple of years.

Bitcoin will never be illegal. In fact the reason US accepted it is so government can get some piece of the pie thru tax.
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Old 01-11-2021, 07:12 AM
 
481 posts, read 190,253 times
Reputation: 168
Quote:
Originally Posted by fleaflicker View Post
Best time to accumulate bitcoin is after so-called crash. It is concerning last few days due to too much excitement as seen in this forum. Correction is healthy and expected before hitting 6 digits in couple of years.

Bitcoin will never be illegal. In fact the reason US accepted it is so government can get some piece of the pie thru tax.

Yeah this is the time to buy when it pulls back like this. This is how even more easy money is made!
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Old 01-11-2021, 07:12 AM
 
24,396 posts, read 26,932,004 times
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Bitcoin won't be illegal because too many of our largest companies own it. They will never allow politicians to ban it. Also, the Biden Administration has some pro-crypto people.
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Old 01-11-2021, 07:13 AM
 
9,639 posts, read 6,013,844 times
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Quote:
Originally Posted by Big Bullish View Post
He won't. He said he wouldn't even comment unless it got back to $20k and he already has now twice after this record price run. As you said this is the time to be doubling down if you want to make real money.
It's not and it's extremely irresponsible to be espousing that.

Quote:
Originally Posted by fleaflicker View Post
Best time to accumulate bitcoin is after so-called crash. It is concerning last few days due to too much excitement as seen in this forum. Correction is healthy and expected before hitting 6 digits in couple of years.

Bitcoin will never be illegal. In fact the reason US accepted it is so government can get some piece of the pie thru tax.
For most the government won't have a hard time tracking users; so they'll get their tax dollars.

Yeah... it can be made for blackmarket transactions... but the vast majority of that will probably still use cash.
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Old 01-11-2021, 07:15 AM
 
481 posts, read 190,253 times
Reputation: 168
Quote:
Originally Posted by LordSquidworth View Post
It's not and it's extremely irresponsible to be espousing that.



I'm sure you said the same thing at $1K, $5K, $10k, $20k, and $30k too.
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Old 01-11-2021, 07:18 AM
 
9,639 posts, read 6,013,844 times
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Quote:
Originally Posted by Big Bullish View Post
I'm sure you said the same thing at $1K, $5K, $10k, $20k, and $30k too.
You're only showing your ignorance of price movements.
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Old 01-11-2021, 07:19 AM
 
481 posts, read 190,253 times
Reputation: 168
Quote:
Originally Posted by LordSquidworth View Post
You're only showing your ignorance of price movements.

I would say that one is on you lol.
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Old 01-11-2021, 07:25 AM
 
24,396 posts, read 26,932,004 times
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Quote:
Originally Posted by Big Bullish View Post
I would say that one is on you lol.

I'd actually agree with you there is a lot of ignorance from bitcoin bears. 2% of my funds are in bitcoin, which has grown to 3-4% from appreciation. I think bitcoin has a strong bull case long-term. I'm not betting the farm on this investment, but the anti-bitcoin people seem to intentionally not want to understand it or listen to the bull case.
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Old 01-11-2021, 07:26 AM
 
Location: Pennsylvania
31,340 posts, read 14,247,595 times
Reputation: 27861
Quote:
Originally Posted by Big Bullish View Post
He won't. He said he wouldn't even comment unless it got back to $20k and he already has now twice after this record price run. As you said this is the time to be doubling down if you want to make real money.
Never said anything of the sort regarding $20k

If I did say it - find it and post it.
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