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Bitcoin Price Tumbles To Six-Month Low, Cryptocurrency Markets Enter 'Panic Mode' (thefreedomproject.pages.dev)

submitted 5 months ago by marvelous_coyote@lemm.ee to c/bitcoin@lemmy.ml

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[–] DerisionConsulting@lemmy.ca 2 points 5 months ago (10 children)

yay!

[–] marvelous_coyote@lemm.ee 2 points 5 months ago (9 children)

I was also thinking this might be a good opportunity to buy. But what if it plummets further?

[–] DerisionConsulting@lemmy.ca -1 points 5 months ago (6 children)

Just like investing in Magic the Gathering cards, bitcoin is basically a stock that's significantly harder to trade than other stocks, and has little other use.

I would advise against buying it.

[–] marvelous_coyote@lemm.ee 1 points 5 months ago

I advised myself on this ages ago and decided to quit trading all together on all platforms I was active on. Unfortunately, though, I have little to no use for my Charles Schwab account now

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