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Is it a good time to buy Bit coin now? It has dropped to US$34,156 today.

CoffeeAhSoh

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panic selling looks not over yet ....


IMG_20220613_213242.jpg
 

CoffeeAhSoh

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People also ask


What does the greater fool theory state?

The Greater Fool Theory is the idea that, during a market bubble, one can make money by buying overvalued assets and selling them for a profit later, because it will always be possible to find someone who is willing to pay a higher price.
 

nightsafari

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@bigcockman

no. just no. It fails on every single count as an asset. If you wish to have a speculative position on a punt, please go ahead, but if you're serious about investment, please give crypto a hard pass.
 
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