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RE: BTC - Whales were buying while you were selling

in #bitcoin4 years ago

It always amazes me how the media only ever celebrates a seller's market and not a buyer's market, either in financial investments or real estate. (On the later, shouldn't it be a good thing if houses are a little easier for first-timers or young families to buy?)

Prices go down, and we're all expected to jump off the nearest window ledge, rather than stock up on bargains.

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I think housing is a bit different as the majority of people in houses are using them to live in. And when people get upside down on their mortgage (owing more than the house is worth), it can cause serious problems, especially if they need to move and/or it's coupled with a poor jobs environment.

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