Selling Bitcoin now is like selling Apple in 2001

in #crypto6 years ago (edited)

Screenshot_2018-06-17-23-01-11-1.png

How many times have we been in the situation where we look back on an opportunity and say "if I only bought at that time I would be rich."

I have seen it happened with Netflix, facebook, Navidia ,and a long list of other stocks. Now I'm watching it happen with bitcoin and altcoins.

Make no mistake about this recent drop, the weary will get weak and run for shelter. But if your only investing what you can afford to lose maybe you can find more to invest. If you can double down? We will be looking back on days like this where bitcoin is struggling at $6500 like the golden years.

I havn't lost faith, in my opinion this is the perfect time to buy bitcoin and steem. Yo no Assia, CEO of etoro said " selling bitcoin is like selling apple in 2001" 🍎. I agree with that statement, I believe in the ground breaking advancements of what bitcoin can offer.

https://www.yahoo.com/finance/news/selling-crypto-now-selling-apple-184116647.html

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How about like selling apple in 1981?

great. Plugging away. I liked the point you were making. I think the reaction to the home pc back in the late seventies early 1980s was a lot like what we are seeing with crypto right now. I don't remember because I was in diapers then, but it seems to draw some parallels. Kind of like laughing at the upside of internet tech startups in the mid 1980's like AOL, even into the early to mid 1990s Steve Case said he had to plead with people to stress the possible value of everyone having a live internet connection in their home and business.

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Thanks for the warning, not everyone will take it, few of us have the gift of patience to wait for the great things to come.

Patience said the wise old man. I have lost on so many monumental moves either because of short money or impatience.

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So , what you are saying is , Buy Low sell high ?

seriously though , totally agree !!

Totally agree

Im glad you see the light.

Normally is we have to wait now.
We all bought both Bitcoin and Steem when they were worth more.
If you sell them now,
means you think it will still fall ...
It's like you say all the crypts will disappear.
Will it?

Exactly, steem went to $17 last year, I think they can get to $10 before the year is through.

It's true that Bitcoin and other cryptocurrencies have amazing potential, but only time will tell if it will become a giant. Remember Google Glasses?

BTW I do believe in cryptocurrencies.

Invest only what you can afford to loose. Bitcoin is much bigger than a sigular product for one purpose. Its multidimensional, multipurpose and game changing but puropose driven and practical

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