pull down to refresh
0 sats \ 6 replies \ @ek 18 Sep 2022 \ parent \ on: Daily discussion thread
As mentioned in another comment, yes I can. I am not thinking about 1-3 years. I am thinking about 5+ years.
Yes, I can see it drop lower, too. I still have to decide if I want to put it all in now or spread it out like I did with my monthly salary for the past 2 years. I have an appointment on Thursday: #71379
How will you feel if you took out a loan to buy bitcoin at $20k when it is at $11k?
reply
Fine. As I said, I am serious about thinking long-term. I'll be glad to buy even cheaper. Are you testing my confidence? Haha.
But thanks for replying. You are asking good questions but I have thought about them.
If bitcoin doesn't work out, I'll be happy that I at least had the confidence.
reply
How will you be able to buy cheaper if you already blew your load at $20k?
I hope you understand what I'm getting at, which is that nobody knows the price tomorrow. Your best bet is to buy with money you already own, and it is you alone who must weigh the risks (and there are many) of taking out a loan to buy bitcoin.
reply
How will you be able to buy cheaper if you already blew your load at $20k?
With my regular income as before
I hope you understand what I'm getting at, which is that nobody knows the price tomorrow.
Yes I do. I think it's nice of you to care. I think I have calculated the risks and I am going to do it. If the bank allows it, haha
reply
Best wishes to you
and Godspeed.
reply
Confidence... the food of the wise man, but the liquor of the fool.
reply