Quote:
Originally Posted by Resolute 14
The dumb thing, dino, is that even if you are right and BTC inexplicably tops $20k again, you're just going to do absolutely nothing. You're not going to cash out whatever you have. You're just going to brag about all this paper wealth you have right up until the price falls again. The perceived value is meaningless unless you turn it into real money.
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I have cashed out BTC literally hundreds of times over the past 3 years. Like any other investment I deal with there is a lot of research that goes into my buy/sell points.
I got in early and was mocked mercilessly for saying bitcoin would hit $6000. The best time to buy is when someone on this thread declares the end of bitcoin and sell half when its double that
