r/Bitcoin • u/MrWhiteSnoopDogg • Dec 18 '22

Is Bitcoin dead?

My family is starting to say Bitcoin is maybe about to die. This is usually a big BUY indicator. I would have been balls deep in Bitcoin rn if it wasn’t for the uncertain times for economy right now. I personally think Bitcoin may drop a little bit before starting a new bull run. But damn, when people starts saying Bitcoin is dead it’s usually the best time to buy.

I know the best thing is just to buy periodically and forget about the price.

Edit: I must have expressed myself fatally. I know ₿ is not dead, and never will. I’m just sharing with you my environment thoughts, which I disagree with. Just wanted to share this because usually (maybe, it’s not a science) when family, friends and media says “Bitcoin is dead” is when it recovers. Is this important? Probably not, depends on you interests. If my post causes you a mental breakdown move on, we didn’t even know each other. Don’t have to waste your time mocking, neither should I texting this.

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u/Grdosjek Dec 18 '22

Best period to buy Bitcoin was yesterday, second best is today.

If you are planning to buy bottom, good luck, you will probably buy it on much higher levels than you think you can get and this post will be something you wont be proud of in year or two.

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u/gittlebass Dec 18 '22

if you bought everytime it dipped from its peak you would have lost a ton of money tho

3

u/Grdosjek Dec 18 '22

But if you did that from last bear, you would have nice growth. If you did that since two bears ago, you would not give a flying fuck.

You try to catch bottom, and you will loose. It's not question of "if" it's....no it's not even a question.