Bitcoin Hits New All-Time High Above $65K on Strength of ETF Debut

Re:Bitcoin Hits New All-Time High Above $65K on Strength of ... by bitcoinmonger2 on Wednesday October 20, 2021 @11:04AM (#28931495)

I had a large amount of savings in Bitcoin in September 2020. However, after reading the salient arguments against Bitcoin made by Stephen Diehl on his Twitter account, I liquidated my entire position.

And I couldn't be happier.

Thanks to his nuanced decomposition of the technology I have avoided the wild price swings over the last year, and protected myself against the inevitable crash.

I would recommend anyone with a position in Bitcoin to read his informed analysis on the technology and cash out while you still have chance.

The best time to get out of Bitcoin was a year ago. The second best time is today.

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Re:Bitcoin Hits New All-Time High Above $65K on Strength of ... by josefresco on Wednesday October 20, 2021 @11:37AM (#28932021)

*BTC Value in USD Sept 1 2020: $11,414.03

I understand what you're saying and peace of mind is a big part of investing, but you clearly lost out on massive gains.

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Re:Bitcoin Hits New All-Time High Above $65K on Strength of ... by ur-whale on Wednesday October 20, 2021 @11:23AM (#28931801)

> arguments against Bitcoin made by Stephen Diehl on his Twitter account

Stephen Diehl is the textbook example of a fanatic. Not just on the topic of cryptos.

I would take whatever he says with a bucketload of salt.

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Re:Bitcoin Hits New All-Time High Above $65K on Strength of ... by biceprouse on Wednesday October 20, 2021 @11:28AM (#28931887)

prob not smart idea to rely on investment advice solely from a single twitter user. Diehl often makes inaccurate claims about the technology he is criticising, and refuses to enter into any discussion that goes against his beliefs

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Re:Bitcoin Hits New All-Time High Above $65K on Strength of ... by Kiro on Wednesday October 20, 2021 @11:32AM (#28931944)

Nice rationalization.

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Re:Bitcoin Hits New All-Time High Above $65K on Strength of ... by game_the0ry on Wednesday October 20, 2021 @11:46AM (#28932137)

Could you link, please? i would like to see that.

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Re:Bitcoin Hits New All-Time High Above $65K on Strength of ... by bitcoinmonger2 on Wednesday October 20, 2021 @12:07PM (#28932398)

https://mobile.twitter.com/smdiehl/status/135086994488866406...

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