Current Events > Bitcoin will go up forever! It's free money, everybody get in!

(+) Yeah! (+)

...this is what people seem to believe right now. About the only thinking that I see going in to people who buy now is "it went up a lot so better get some before it goes up even higher!"
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its because more people getting in on it is beneficial to people who already have bitcoins. like referral links but on steroids.
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If you bought a full coin during the dip when it was at 5600-5700 you would be up $4000 in free money. I regret not putting more money since my profit is only $250 right now
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Until the crash happens it's free money. If you think you can predict the crash you should be getting this free money

the fact that so many have this mentally is proof youll get free money

if more people buy, the value goes up

the only people who get burned are the people who buy right before the crash

Anyone who doesn't want the greenback wants this to succeed.

action52 posted...

people who buy now is "it went up a lot so better get some before it goes up even higher!"

This is called FOMO(fear of missing out). It's dangerous.

Buy during the dip. This large rise that's happened over the last few days will correct itself. Once it drops to around $7500-$8k, stock up. Then enjoy the ride passed $10k.
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BlazinBlue88 posted...

action52 posted...

people who buy now is "it went up a lot so better get some before it goes up even higher!"

This is called FOMO(fear of missing out). It's dangerous.

Buy during the dip. This large rise that's happened over the last few days will correct itself. Once it drops to around $7500-$8k, stock up. Then enjoy the ride passed $10k.

yes
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