this post was submitted on 27 Jan 2026
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Lemmy Shitpost

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[–] null@piefed.nullspace.lol 8 points 1 day ago (2 children)

I mean, yeah, buying at an all time high expecting to get rich is beyond stupid.

That said, it remains true that any bitcoin bought and held for 5 years is worth more at the end of that 5 years than it was at the start.

[–] Mubelotix@jlai.lu 2 points 7 hours ago (1 children)

Yeah, the best moment to buy is the moment you start seeing memes about how bad of an idea it was to buy. Like this one. But I recommend waiting for 55k

[–] explodicle@sh.itjust.works 1 points 4 hours ago

The best moment isn't a moment. It's dollar cost averaging (DCA) over years. Even so-called Bitcoin experts cannot predict the market at all.

[–] Flauschige_Lemmata@lemmy.world 2 points 1 day ago (1 children)

Practically the only time, Bitcoin isn't at an all-time high is when the price is falling. That would be an even worse time to buy

[–] null@piefed.nullspace.lol 2 points 6 hours ago (1 children)

Why would that be a worse time to buy?

[–] Flauschige_Lemmata@lemmy.world 1 points 4 hours ago (1 children)

Because it will be decreasing in value right after you buy it?

[–] null@piefed.nullspace.lol 1 points 3 hours ago

As opposed to a little bit longer after you buy it?

The point is that if you're buying it, you should be expecting to hold onto it, not trying to quickly flip it for profit.

Doing that with any financial instrument is a terrible idea.