View Single Post
Old 02-14-2024, 05:05 PM   #3197
Azure
Had an idea!
 
Azure's Avatar
 
Join Date: Oct 2005
Exp:
Default

Quote:
Originally Posted by opendoor View Post
The funny thing is, very few people (on either side of the argument) actually have a ton of conviction in what they're saying. If someone truly believed that they could predict the price trajectory in the short term with any real accuracy (as anyone talking about ETFs of halving seems to be suggesting), then they would have borrowed every dime they could get their hands on to buy out of the money Bitcoin options a month or two ago.

Hell, even less than a week ago, someone could have bought slightly out of the money March options and returned about 800% as of today. If the price movement is so obvious and predictable, then why is anyone settling for such small gains?
Yup.

Even with the history we have and all signs pointing to going up, still a terrible idea to sink in every dollar you have.

Still, some very rich money people are pumping BTC lately & calling it similar to gold.

Really can't see it crashing anymore. Not to record low levels.

This is like Apple stock. Should have bought years ago.
Azure is offline   Reply With Quote
The Following 2 Users Say Thank You to Azure For This Useful Post: