I made a couple of purchases over the past week around the 31k/32k level. I wish I would have waited a little and gotten that dip below 30k, but I guess you can't win them all! I like this thinking about it being a regular commercial good and being happy to get it at such a discount. I think it is growing harder and harder for people to think long term these days. It seems to be all about now and instant gratification.
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And if it immediately popped to $35, you would have wished you bought more.
The markets truly are just an exercise in psychology. We can mind fuck ourselves to death. It is near impossible to time a market bottom, or top for that matter.
Long term vision, if BTC hits $100K will you care about spending an extra grand or two per BTC (or whatever the percentage was)?
Of course not.
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