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For the newbs buy on a red month

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by COINS NEWS 51 Views

I see many new people asking when they should buy bitcoin. This is not the time to buy bitcoin. This is the time to sell half to 75 percent of the bitcoin you bought between 17k and 50k. We are at an all time high and yes we can go to higher numbers but historically we will see a negative 30 to 60 percent from the all time high. The last 10 years of chart history prove it- go back and look. There are many investments you can make at lower prices. If you want to even dca start when the weekly or month candle is red. It is absurdly unlikely that we do not visit 60k to 50k within the next year, perhaps even next month, or even next week. I made the mistake of buying at 17k years ago resuting in four years of a red investment. Do you want that for yourself? I am selling my spot here about 40 percent of it leaving me 70 percent cash and waiting for 50k to 60k. Yes it can go higher which is why I am not selling all of it.

submitted by /u/nww5-
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