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RE: Bikini Crypto: Bitcoin Investing Explained by Richard Heart and His Friend Julia

in #bitcoin6 years ago

So, if you did wanna invest in bitcoin now , it's probably a good time to do it , because you know 8 months ago it was 20k dollars and now last time I looked it was 6.3k dollars. So getting about a 70% discount, which is pretty good- 70% off is a pretty good discount. And what bitcoin tends to do is have crazy 10x bull markets, where price goes up tenfold and then it will have a bear market for a couple years, and then it will keep doing that and will blow again. And this time we won't have a 20k dollar peak, we will have a 100.000$, 200.000$ peak.

This is exactly the sort of investment advice I expect from a 17 year old high school student.