/biz/ - Business & Finance

>"I should've listened to my cousin Gaila. He said to me, 'Quark, I've got one word for you: Weapons.' No one ever went broke selling weapons. But did I take his advice? No. So now, Gaila owns his own moon. And I'm staring into the abyss."

>muh war in israel

>The third rule clearly states: "never spend more for a Bitcoin than you have to".

>Logical, but I fail to see how that applies to my bags.

>You want to acquire Bitcoin, fine, Bitcoin is good. But how much are you willing to pay for it.

>No less than one hundred thousand.

>That's the kind of irresponsible spending that creates so many bagholders. You're forgetting the third rule, Right now Bitcoin could be bought at a bargain price and you don't even realize it.

>I find this very confusing.

>Then I'll make it so simple even a biztard can understand. You want to buy low and sell high.
>The central exchanges have been caught red handed selling paper Bitcoin to retail. So, every trade that hits the order books will be backed by proof of reserves.
>Without the support of the central exchanges, the boborg won't be so eager to dump the price.

>You forget the shitcoin bags they already hold.

>They baghold shitcoins, you baghold shitcoins, everyone bagholds last seasons shitcoins! But right now, no one holds a make-it stack of Bitcoin. So the price of Bitcoin is at an all-time low.
>This is the perfect time to work on your DCA. Don't you see? Waiting for hype and peak fomo will only escalate the price and make Bitcoin more expensive in the long run.
>Now I ask you, is that a logical time to buy?

>It all comes down to the third rule of acquisition. The third rule clearly states: "never spend more for a Bitcoin than you have to"
>Logical, but I fail to see how that applies to my bags.
>You want to acquire Bitcoin, fine, Bitcoin is good. But how much are you willing to pay for it.
>No less than one hundred thousand.
>That's the kind of irresponsible spending that creates so many bagholders. You're forgetting the third rule, Bitcoin could be bought at a bargain price and you don't even realize it.
>I find this very confusing.
>Then I'll make it so simple even a biztard could understand. You want to buy low and sell high.