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Monday, March 18, 2024

Comment by rustle123

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  1. rustle123

    I don't have any bitcoins but my brother has 25 at an avg cost of 3600, he has a ton of LTC and ETH and is up about 500k in the last 4 months a little over a 100k investment.  He begged me to buy 1BTC for my daughter at 4k for college.  I didn't.  Stupid because the risk is still small, the most I could've lost is 4k and that's if it went to 0 which is wasn't going to.  Seeing how many crypto hedge funds are being set up and knowing that just now the public is getting very curious about BTC and people want to say they have one or part of one, I think BTC will be in the mid 20's soon.  There are also a lot of people that won't buy now but are waiting for some kind of dip or crash, so then the question becomes, how far down will it go before new money brings it right back up.  And many people are not selling it because you can't just trade a bunch of BTC's  and buy them right back like a stock.  So they are huddling them.  I still won't buy one because of the volatility but I do think it goes higher.  Of course I can be dead wrong.



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