Alpha Circle
February 18, 2025 at 09:14 AM
The funny thing about buying crypto at the "exact low bottom Price" is, In the long term, it doesn't even matter. If I believe the crypto price will go up Why THE hell wouldn't I buy when coins are down -90% from their top price? "B-b-b-but it can go down another -90%!" Some bros say. Cool bro, but In Nov 2022, I saw intelligent people on X who had bought BTC at around $20k only to sell at a massive loss because it went lower to about $16k This happened due to "black swan" event when FTX crypto exchange ran away with customer funds. But in another parallel universe, that never happened. $20k on BTC could've really been the bottom low price. And if given a time travel choice how many people would have bought BTC when the opportunity was presented to them at $20k, knowing what they know now? Does it matter if you bought BTC at 25k or 20k when it's back at around $100k just 2 years later? I hope this trading lesson would be useful to you. 🤝 P.s : My favt coins list is shown in the screenshot.
Image from Alpha Circle: The funny thing about buying crypto at the "exact low bottom Price" is...
❤️ 👍 😂 28

Comments