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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Going all in crypto... Which coin to invest in?
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Poster Handle
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My Foolish Daydream |
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Post Content
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Bitcoin.
After the first Stimulus check passed in March 2020 Bitcoin price surged 78% within 2 months.
And by the time it had reached Decemeber 2020. Bitcoin price was up 388%.
And now with this $1400 Stimulus Check the price of Bitcoin is going to surge.
Quoting: TopSecretUncleIntel Terrible advice. You don't buy at all time highs. THIS Slightly true, but largely wrong. You do buy as things hit ATH, you can either buy as they do it or expect a slight pullback to enter, but as prices go higher you should expect them to continue. Unless it's a pump and dump which certainly happened in 2017-2018. Bet with what your risk allows Over the last 3 or 4 years I've seen numerous people turned off by crypto because they got told to buy at the ATH instead of waiting for the correction and dips. For traders with experience, sure, ride the wave, but people new to this could get wrecked if they catch that wave at the end. I personally think BTC will continue to go a little higher, but I see a correction coming after all the stimulus money gets pumped into it.
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