Quote:
Originally Posted by woj
you are right, it makes sense that many people would tend to hold on to to them when the price is rising... but on the other hand, they might want to get rid of them when the price is high enough... which is a different level for different people...
it's not that clear which strategy would outweigh... it's probably a mix of both...
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it's such a new thing and so dynamic,
to have bought, say, $50 worth of btc when it was a nickel and looking at it that way, i can see a purchase or 2. when your $50 is now worth ~$850,000 i guess what's the difference.
i always separate investment resources from purchasing resoures also, perhaps that skews my view and prompted my comment about being surprised.