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Fred Johnston5d ago
These cycles are clearly easy to understand. I agree with you that a lot of people buy in at the top of any cycle and then sell at the Lows. It’s human nature. And this will all happen again at a half a million or $1 million per bitcoin. Bitcoin is gonna separate the speculators from the investors. Surviving that first cycle is pretty tough, especially when you’re young. I started buying bitcoin at $6000 and it went down below $3000. I’ve been buying every day since.
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