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"The Bank of International Settlements estimates that around three quarters of Bitcoin buyers between 2015-2022 were likely to have lost money, despite a huge rise in the price of the cryptocurrency, almost certainly because they got sucked in at precisely the wrong time."

-- Laith Khalef, Head of Investment Analysis, AJ Bell

Bitcoin is the exit, there is no going out. It doesn't matter when you get sucked in.

Source: https://www.reuters.com/technology/view-bitcoin-rises-record-high-2024-03-05/

H/t: nostr:npub1rc29t3ln679cq84lv2pf62n8pc7yr34kygnp5vdj53e0hkdse3rsuygtyx

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Séimí Mac Síomón 1y ago

So now its 'timing' that is the boogeyman, shifting the fucking goalposts whenever it suits them.

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