Media outlets sure do love them some fake news don't they?
Of course when rumors of a double spend started circulating this morning it was being plastered everywhere.
Now that's been completely proven to be false, there is barely a headline saying as much.
Fear sells, corrections of that fear, not so much.
Anyways, I should be happy because if this never happened I was never going to get my buy orders filled today under $31k.
So, thanks ya fraudsters, your trash is my treasure. I'll take bitcoin on sale today and sock it away.
This trend is so scary it's unbelievable it continues to work:
Keep buying bitcoin at the top and selling it to me on the dips, that's a good strategy for me to keep making money!
When it comes to bitcoin investing, this is pretty much my strategy right here:
When it gets overheated I take some off on the upside so I have some dry powder for these types of events.
Rinse and repeat.
Many out there are holding out for lower numbers, like $20k for example, but there's no chance I am going to hold out for those numbers and miss out on getting in on the dip.
Think for one second how terrible it would be to be sitting at $20k waiting for a bitcoin pullback, only to see it pullback to $21k, and then rip to $100k.
So you dinked around over $1k and missed out on $79k in gains, sure that makes a ton of sense.
Just buy the dips and don't worry about timing exact bottoms.
Sock it away in blockfi or somewhere that pays you interest and sleep soundly at night knowing you making money no matter what bitcoin does while you wait for the moon landing.
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