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Comment by SwellJoe

For what it's worth, I'm looking at this as a buying opportunity. I put everything I had available into BTC during rise to $1000+ (I first invested early, so I'm just about breaking even right now, though if it drops any further, I'll be showing a loss). But, I've got a paycheck coming in soon, and it looks like prices are gonna be nice enough for me to buy a couple more BTC with that money.

I'm longterm bullish on BTC, so a low price is an opportunity to buy, not a time to beat myself up for timing the market wrong. Of course, I could be wrong in my bullishness. It could all fall apart, or one of the other cryptocoins could prove to be "the one" (though I tend to think most are just also-rans and can and should be ignored). But, I'm absolutely confident a cryptocurrency, of some sort, is absolutely the future. It's one of those unstoppable forces, I think, and as long as the number of people preferring it to USD (or other fiat currencies) keeps rising, the real value (not the exchange value) of BTC is going to keep going up. I want as much of that future as I can afford.

parent SwellJoe 13 years ago

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