Advice to people who are new to this sub and/or Bitcoin

If you got into Bitcoin recently, and recently bailed on this dip, and are now questioning yourself seeing it recovered… the simple advice I would have for you is that this may not be for you.

If you’re trying to scalp little intra-day or intra-week movements to scrape together a few dollars, do not bother. You are up against sophisticated people, and AI, and trading strategies that have been around for a decade. You do not have a chance playing this game, sitting in front of your screen, all optimistic and enthusiastic. Especially if you don’t have a backbone for it.

Bitcoin is wildly volatile. The only right move for the vast majority of people who believe in it is buy, and buy it now. Is now a good time to buy bitcoin? Yes. The answer will always be yes. Always. As long as you’re willing to hold onto it.

This is not a short term play… but for those who are willing to stick it out, you are buying into a commodity with a limited supply and an unending and growing demand. You do not need a degree in economics to understand the implications. But it will be a wild ride. Stick to it.

And if you can’t look at price movements every hour, and not freak out, again, this is not for you.