Global Feed Post Login
Replying to Avatar Lyn Alden

The issue with this is that whenever Bitcoin does go up like 5x, a lot of sellers *do* materialize. So it takes a lot more DCAing that one might think.

Like when the ETFs were gobbling up a lot of bitcoin, much faster than it was being generated, and people assumed it must go to the moon soon. In reality, there was also a lot of sellers out of cold storage from people who bought years ago.

nostr:note19wxszw9nvsgr9hdxl4euk3va2ywgmhf3h5ywjsplmq8ahv73jl4svrukgs

Avatar
Speedster 1y ago

As time goes on there will always be more folks from two epochs prior that have big gains they are prepared to swap for lifestyle changes.

Reply to this note

Please Login to reply.

Discussion

No replies yet.