Cryptocurrency: To buy, or not to buy, that is the question.

Cryptocurrency: To buy, or not to buy, that is the question.

By TwoDogsCaged | TwoDogsCaged | 24 Jan 2023


I have been thinking about this for a bit now ever since the prices began to go up at the end of 2022.  On the one hand, prices are still really low considering what they were during the last bull market. On the other hand, I have a feeling this mini-run may be short lived and buying now will not be as good as buying in a month or so.  We will see what the market does.

I love the position I am in at this time, and I think if anyone else was in the market after the last bull run, you will do well in the next few years. It will be a tough climb to get back to where you bought if you bought at or near ATH's.

I wrote about this a few weeks ago how I was feeling a bit of regret that I could not buy lower when the prices started to rise. I find it really personally amusing that I was temporarily disappointed that my investment was increasing, not decreasing almost daily.  

Now, I am thinking about buying again as noted above, it will be just making a good decision as to when I will do so.

I know my personal point where I will not buy again, I have that set at a certain prices per token/coin invested. I wonder in anyone else does the same thing?

Overall, I have a sneaking suspicion that if I buy now of in a few weeks, it will not matter in the long run because I think in the long run, over the next decade or so some crypto will go the the moon in ways people do not currently understand or even process.

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TwoDogsCaged
TwoDogsCaged

Cryptocurrency is a fascinating idea, one that has many confused, scared and dismissive of the concept. However, it also is intriguing and likely a large part of the future.

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