Bitcoin Investment

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Last post made 1 year ago by GordonPwn
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  • With all the turmoil  affecting various economies,  do you think this would be a good time to actually invest (for the long haul)  in Bitcoin or cryprocurrency in general?   I know it's value is   down a little bit at the moment.   I'm no expert in markets  by any means  but I wonder if Bitcoin is going to make another meteoric rise like it did a few years ago.

  • coin flip... with that said I do HODL and planning to buy dips. 

  • It looks like it kind of stabilized between  6.5  and 7.5K .   I was kind of hoping it would have dropped farther to make it affordable (for investing, for instance).  The next few weeks could be very interesting in terms of fluctuations.    I remember  a few years back Bitcoin was only a few hundred dollars...those days are gone forever I'm afaid....LOL

  • It’s like a lottery nowadays. Cryptos are in a huge crisis now, and no one knows for sure whether they will recover. 2022 was a difficult year for all the cryptos, including Bitcoin and Ethereum.
    I decided to dump a part of my coins in September because I was too afraid to lose it all. It’s stabilized a bit now, but the fall of FTX still was a huge blow, and so many people lost their savings. I am now planning my personal budget for 2023, and I am still reserving some money for crypto investments because I hope it will get better.

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