I recently made the poor choice of selling some bitcoin to try to sell high buy low but that failed lol. I’m thankfully just a bit shy of the original amount I had before then. Gotta try it at least once to get your hand burned.
I am more conservative than liberal with jumping in on prices and that gets me in the case of bitcoin. We all have stories of not getting it when we could but I was waiting for it to travel near $3000 and it did ..once while I was sleeping. I couldn’t get it close to then again and am curious if it will have a correction back to there again. I’ve got my other major investment in litecoin instead now, that’s my top value. I’ve been going back and forth between that and some others to diversify.
I’m shocked bitcoin is back up to 9k but glad it is, when my portfolio doubles the amount I spent to get it there I can finally tell my wife how much I spent to get it there lol
Ha to your last comment. Litecoin is running but it may slow down after the block reward halving, so keep an open mind to potentially diversifying into some BTC again so you don't kick yourself too hard for trying to flip it before.
Yes, we all have our stories. If it makes you feel better, I have two tragic instances where I was trying to invest and couldn't/a friend hung up on me when I asked how to buy/I was blocked by exchanges for my geographical location early on. I had the money and desire, ready to go, but I couldn't get access to exchanges before two huge bull runs which would've made me completely loaded. I had to watch the coins flying without the ability to buy them, until I finally found access, but far later than I would've... I'd be on a beach right now if my friend didn't hang up on me to deter me in ~2014 or I lived in another State.
Yeah I saw that, it halves in 50 days I think. Will see what moves I can make!
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Bitcoin will have this similar situation soon enough. Another wave to ride...
Yup litecoin ftom the research I've done looks like a good diversified addition.
Lol and the being able to tell the wife about btc 😂
I'm hoping to get in on the next btc dip myself, I was one of those that said in 2010 I'm not interested in buying murder or drugs online and didn't see the vision of what btc POW chains represent.. Had access and thousands of dollars fiat to blow didn't see the point.
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Ahh, "2010." Sorry! I had a little Litecoin years ago but never held onto it. I felt it was redundant with Bitcoin and never really saw myself using it over the latter. I still don't feel the need to have any, but can easily trade for it if a merchant will only accept it in the future.