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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone own any Bitcoin here?
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<blockquote data-quote="quad" data-source="post: 16091845" data-attributes="member: 17952"><p>Tell that to all the traders that jumped off buildings / bridges the past 100 years. There will be winners and losers in stocks and cryptos.</p><p></p><p>I have quite a few cryptos. But it is a gamble. My mindset is I already lost it all as Mark Cuban stated. I for sure won't sell any I have if the price is not right. I would rather hold on to it even if it means it goes down to zero than sell now and see it go to much higher (or to the moon lol!). It was easy for panic to set in when the prices crashed in 2018. But I was not going to convert to dollars at that point - hell no! Just hold on to it and see where it goes. The same thing has happened in the stock market before. And sometimes holding on to specific stocks ends up being a useless endeavor when the stock's value turn to zero. Same could happen to many alt coins or bitcoin. It could be worth zero. Or it could stay as is or go up by a lot and crash again.</p><p></p><p>We'll see where it goes but fiat currencies are all doomed eventually. Things are getting more and more expensive and a million dollars today is not what it was 10 - 20 years ago.</p></blockquote><p></p>
[QUOTE="quad, post: 16091845, member: 17952"] Tell that to all the traders that jumped off buildings / bridges the past 100 years. There will be winners and losers in stocks and cryptos. I have quite a few cryptos. But it is a gamble. My mindset is I already lost it all as Mark Cuban stated. I for sure won't sell any I have if the price is not right. I would rather hold on to it even if it means it goes down to zero than sell now and see it go to much higher (or to the moon lol!). It was easy for panic to set in when the prices crashed in 2018. But I was not going to convert to dollars at that point - hell no! Just hold on to it and see where it goes. The same thing has happened in the stock market before. And sometimes holding on to specific stocks ends up being a useless endeavor when the stock's value turn to zero. Same could happen to many alt coins or bitcoin. It could be worth zero. Or it could stay as is or go up by a lot and crash again. We'll see where it goes but fiat currencies are all doomed eventually. Things are getting more and more expensive and a million dollars today is not what it was 10 - 20 years ago. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone own any Bitcoin here?
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