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RE: Bitcoin dropped and it is going to 5000$? Do not panic! Buy!
You would not know, when will it stop falling, and at any level below 6k R/R is great, so DCA is the most efficient strategy aATM.
You would not know, when will it stop falling, and at any level below 6k R/R is great, so DCA is the most efficient strategy aATM.
This is why I wrote "At least collectively"
Bitcoin should be banned by the people.
Also, what you wrote assumes that I have a need for Bitcoin, when in reality I have no need for it.
You also seem to assume that it will rise and turn into a profitable trade after fees (both Bitcoin's own fees and exchanges' trading fees and both to buy and to sell), when it can also turn into a bigger loss.
I am against Bitcoin's system, not necessarily against every decentralized digital currency .
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