Are you ultimately grateful that SBF dumped the price of BTC last year?

Don't take me the wrong way: he's disgusting, but if not for him being disgusting then the price of my portfolio either now or next year probably wouldn't be recognisable due to how much BTC I purchased in Oct-Dec 2022 - I understand that you'll have investors that have to sell their holdings for the need for their short term liquidities, but all those that sold because they thought it was a damnation of BTC (or effectively any cryptocurrency at that time) itself have themselves to blame for conflating FTX with BTC (et al). Even back in late 2022 I was very glad to see the price of my BTC dump, given that I could just buy more.



Submitted November 05, 2023 at 05:52PM by thapussypatrol https://ift.tt/3T6Ll1d

Comments

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

Day 9: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. Have you done your part?