this post was submitted on 07 Aug 2024
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Bitcoin

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Bitcoin Price Tumbles To Six-Month Low, Cryptocurrency Markets Enter 'Panic Mode' (thefreedomproject.pages.dev)
submitted 3 months ago by [email protected] to c/[email protected]
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[–] [email protected] 5 points 3 months ago

"Plummets" down to $50k lol

[–] [email protected] 2 points 3 months ago (1 children)

yay!

[–] [email protected] 2 points 3 months ago (3 children)

I was also thinking this might be a good opportunity to buy. But what if it plummets further?

[–] [email protected] 6 points 3 months ago

I can see you're new here.

[–] [email protected] 4 points 3 months ago

DCA your way to the bottom, this is the way

[–] [email protected] 0 points 3 months ago (2 children)

Just like investing in Magic the Gathering cards, bitcoin is basically a stock that's significantly harder to trade than other stocks, and has little other use.

I would advise against buying it.

[–] [email protected] 1 points 3 months ago

Irrelevant comparison followed with bad advice

[–] [email protected] 1 points 3 months ago

I advised myself on this ages ago and decided to quit trading all together on all platforms I was active on. Unfortunately, though, I have little to no use for my Charles Schwab account now