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RE: Leave it in the bank or buy Bitcoin?
One of the worst moves you can make is chasing the market. Buying in when things are near their peak, it a great way to lose money in the long run. Is now the time to dump everything into BTC? No, you should have done that a year ago at $40K BTC, or a few years ago at $9K. FOMO is a great way to lose money!
Hopefully a nice alt run is coming soon, and I think BTC still has some steam left in the engines. Question is only how much?
0.00021268 BEE
I think BTC get up to 170k in this cycle, and that's like 64k$ left to go. Most alts still has x50 to do, and that's the difference. Buying at this top is certainly a way to lose money, but then most newbies who will flood into the market will very soon will do.
I know because myself I bought my splinterlands asset at the top because of FOMO and look how that turned out for me. It's just like you've said, people will lose money buying at the top
We've all been there before, Splinterlands did the same to me as well!
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