70 upvotes, 1 direct replies (showing 1)
View submission: Unrealistic volatility expectations
That's a damn good post and a welcome change from a flood of hodl-themed shitposts that have been flooding this sub for so many weeks.
Since we reached this ($2400) level I've left many comments warning people not to go nuts but the reality is those who simply "must" buy, will buy...
My BTC playfund is 100% cash. Do I want to hodl? Yes, but there's no need to rush - you can always buy BTC at a "fair" (market) price, even when/if the price goes to $100,000.
As the meme says, the key is to not *have to* exit from crypto once you buy in. Whether or not you make money in fiat terms is of less importance
Comment by consummate_erection at 27/06/2017 at 18:37 UTC
26 upvotes, 0 direct replies
I remember a comment on this sub that has always stuck with me. Paraphrasing: "The bitcoin sub is one of the best indicators of price. When the front page is full of memes, get ready for the crash."