This is your assesment based on history, noibody knows the best moment when to sell it. Of course you can keep the bags for 10 of years, but only when you dont need invested money, and you would actually lose if selling for the same amount due to inflation in economy.
We dont know where the price will be, because the price can be influenced by 1 tweeter post literally. The price is high for a moment, then it drops, most of the time its not worth what it used to be in 1 year span, when someone bought on top. You need more fools to buy for it to rise. Who is greater fool will hold bags infinitely when buyin too late. We are closer to that moment each passing year.
The delayed gain is virtual, the immediate loss is real. You always lose the money when you invest into something. In a sense that you just dont have it untill you finish investment.
All that money could work differently with different gain and accessibility.
This is your problem, you donât want to read what I wrote.
You rather go distorting what I wrote to make me say something completely different and nonsensical. Thatâs called making a strawman. Thatâs a proof of your dishonesty.
And again, you dodge the point. Another proof that you are a coward.
All of this because you want to impose on people that BTC is a scam. Whatever OK. BTC can be anything you want it to be if you say it enough times, You think BTC is a scam and there is no evidence anywhere in the universe that anyone can show you to make you see the truth that itâs not a scam.
Nobody is a fool, youâre just emulating what others think.
If one can pay their rent or mortgage or other household bill in El Salvador usinmg BTC then they will buy or use nicehash to obtain BTC and pay the bill. Nobody is a fool for using legal tender to pay their bills. Think through what youâre talking about.
Again, someone is not a fool for purchasing some BTC with the hope of the value going up due to more and more people in El Salvador using it the way I mentioned above. This is just business.
This seems to be the way some business is carried out in 2022. We are actually at a crucial turning point in history where over a period of time wealth will be generated and spread out. Iâm happy to be here and see it all play out.
OK, except youâre in the very small minority that believe unfalteringly that BTC is a scam lol. Nobody has any clue how you arrived at that conclusion and you canât explain how you did either. so what ever ok
Normally when people have no reasoning for their view, and have to bite peoples head off when they are asked questions, it means they are talking nonsense.
Itâs a factual statement. only a handful of people are committed to believing itâs a scam and will never change their view even if shown concrete undisputable evidence. You are among these people.
Individually we are all fools, greater and lesser ones. Including you. Geniuses? There may be few in a century, and that is also in a limited area of research, in other they will still trip over their own feet.
There can also be a prophet one in a million of fools, one lucky fool that will always see things differently, and the future will tend to agree with him. But majority is wrong more of less.
I know people dont like to think so, but its truth. There is only few people on top that could say with confidence how foolish the rest truly is, and they still can make mistakes. If you hear people, what they said few years ago that Bitcoin will be $100k in a year, and it never yet happening up to that point, you can clasify them as fools and shills, or just fools.
Iâm not in agreement, When the value of BTC increased from ÂŁ10k to ÂŁ40k this created lots of millionaires. The people that mined or purchased BTC in the early days are forward thinking and intelligent and if I met them I would like to shake their hand and ask them questions.
Also there are people who use BTC for small private and legal transactions, why is someone a fool for exchanging say ÂŁ100 for BTC and then legally buying private goods so nothing but a crypto exchange charge appears on their bank statement?
I think you should go easy on people and not call them fools for wanting privacy for it is human nature to want privacy and if there is a tool or item which can be used to promote privacy lots of people will jump on it straight away because it does exactly what it says it will at 100% efficiency.
