The difference between a person that is 7 years doing Bitcoin homework . and a noob, is the confidence to keep buying when it dips, and never selling it takes years not to run scared. All this years are making a difference. 50k is cheap 56k is cheap, 70k is cheap.
I have made way more money leverage trading Bitcoin than I have ever lost. And I have lost money leverage Trading. I have also made way way more money leverage trading Bitcoin then if I would have just held. And anytime I make multiple X profits from Leverage Trading it just means more Bitcoin I accumulated without spending a dime. So when people say leverage trading should be illegal it tells me you're trying to make the crypto space more like the traditional Finance space and put restrictions on things. Yes we should have as many rules and restrictions of what you can and cannot do in the crypto space, that's obviously why Bitcoin was created right
The debt of most Americans is way above their income per year. This has been true for at least a century and a half. Consider the cost of a home which has always been higher than 1 years income and is taken out of the mortgage. What's the difference between this situation and that of the US government.?
I bought at 50k I’m already making money. I don’t hold though. I buy and sell and don’t leave money in the market for very long. I’ve already doubled what I lost in the dip.
Watching this volatility unfold is a real eye-opener for new crypto investors. I’ve found that diversifying with My Digital Money’s crypto IRA helps me stay resilient in these swings. Who else here is considering moving from a traditional IRA to a crypto IRA for more flexibility?
