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

panic selling looks not over yet ....


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shiok! too many young cheebyes and lanjiaos don’t want to work just rely on crypto trading for living (the high life) sexpenses.
 
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.
 
@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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