Warren Buffet has absolutely no reason to support BITCOIN. In fact, it is an enemy of his fiat based money system and therefore should be opposed. No surprise here.
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right now is a better time than early December, plain and simply the market got overheated and overbought. IT NEEDED to correct and was destined to crash.
Now, just continue to dollar cost average in and enjoy the sale. It won't last forever...
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As I always say, just keep dollar cost averaging the same amount of money into BTC month after month, year after year. This way, you get to enjoy the highs and the lows.
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Because the vast majority of people are lazy and prefer to be told what to do, and not think for themselves. They are attracted to these cult like personalities. This something that is common throughout history and is not isolated to BTC, or Cryptos alone.
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BTC is valuable, because it is valuable, the same reason anything else is. Something is worth what someone is willing to give / trade you for it.
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Each country is allowed to do what they want and create their own laws, unless they are a puppet country.
Pay attention to your laws, this is something that is going to increase as the years go on.
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BTC is going through a major correction, something we have seen numerous times before, for all of us who have been here for years. This is nothing new, and was to be expected with how fast it was rising.
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Of course it does. The majority of power that a government possesses comes from their ability to endlessly print money out of thin air. Obviously BTC and other Cryptos compete with this and therefore you can expect heavy resistance.
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I believe it is a currency and hopefully, we can get back to those roots some day. This was the original vision of the bitcoin community.
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Get quick rich schemes are scams. Work hard and you will become successful and prosperous.
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Take it from someone who has been around here since 2012. BTC will rise again, we've seen this time and time again.
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Well... You can try to deny reality, but it is happening in front of our eyes. So ya. Its real.
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Sadly most people are not spending BTC, this is killing the BTC community.
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We have not found a bottom yet, it will be very obvious when we do.
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Greed can ruin you. "This time is different", never proves correct and is a sign of a top.
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The glory days of the vibrant, helpful bitcoin community were in years past. However, I am still hopeful that we can return to when businesses flourished and people supported each others ventures.
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It is very unlikely that we have found the bottom yet, but when we do, huge profits can be made for those brave enough to wade through the blood in the streets.
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The best way to survive in these markets, as it always has been since the start, is to simply dollar cost average the same amount of money into these markets, month after month. You get to enjoy the highs and the lows.
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The biggest sadness to me, that I have witnessed over the many years of being here on the forums, is how the economy for BTC has almost completely tried up. This is understandable, as people held out for higher prices. I still have hope that things will stabilize and a normal economy may return. I can hope, however I truly don't know.
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This is something I have been saying for the past six months. These markets went parabolic and this was destined to happen, it always does and always will in these situations. "This time is different", never holds true.
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