Tony | thebitcoinway.com
· 17w
‼️ If it’s not #Bitcoin in self custody, I’d put a 95% chance on it going to zero or being confiscated. I genuinely can’t understand treating Bitcoin as a trade or an investment just to make...
My personal opinion, not advice.
It is probable that those holding all their BTC on exchange or trading aren't being educated.
Imagine just starting out?
The likelihood being that to really do well, most are going to want between 1-10btc. Most are unable to afford one BTC at today's prices. Especially when the prices could fall another $20k. Now, imagine if one had bought 5 BTC at $125k. That is $625k now worth half that all because of fanboys screaming to buy the dip.
Nobody reimburses anyone for buying the top. Have seen some crypto influencers start covering AI and Space IPOs recently.
The best thing to do to acquire BTC for less fiat is to trade imho.
Decide your strategy and risk appetite which is a personal thing. Consult an expert or a few.
It is much the same as bitcoin lending. Personally, I wouldn't touch it but I can see how for some circumstances it may work.
Certainly, don't get derided on social media by someone with a totally different set of circumstances to you.