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Replying to Avatar Humble Bitcoiner

Never understood why you want to time the market

Lets say Bitcoin goes up to $200,000 this cycle

You think you’re a genius when you sell and intend to buy back at -80% drawdown

But all of a sudden a major player adds BTC to its treasury, dollar hyperinflates or idc what happens

Bitcoin pumps to $1,000,000 and never comes back down again

You’ve now lost 80% of your Bitcoin stack

Tell me it’s impossible and I’ll tell you that the max pain scenario will likely happen (which is number goes up forever)

de
nobody 1y ago

but my crystal ball!

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Humble Bitcoiner 1y ago

😂

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