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RE: How Many People Will Ever Get To Own A Single BitCoin?

in #bitcoin7 years ago

What a nice article!

I just started with crypto's and I bought some altcoins wich are cheaper. Part because there is something pshycolical in spending 100$ and getting 0,000000something BTC, instead of 400XRP. ( I know this does not make any sense at all, but i guess this is a common thing among traders), the other main reason is I really don´t like buying anything that is peaking. I feel allot more comfortable buying assets that are oversold or way below their price. (Based on historical data).

I mean I do think BTC will get to unthinkable levels in the near future, and i probably kill myself for not buying BTC @ 5000 USD within the next year or so, but I prefer buying in dips. I´d love to get into Steam for example, or buy more Bitshares.

If BTC would fall for a few weeks, showing resistance levels and strong price action, perhaps i´d enter.

I could be missing the boat yes, but on the other hand I find it hard to believe that BTC rockets all the way up to 100k withouth big reversals (like in 2015).

BTC monthly.png

BTCUSD monthly chart

By the way, jazminmillion, i love the graphics.

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Ty for the feed back and kind words ;D