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Strategies & Market Trends : Bitcoin

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gg cox
To: Elroy who wrote (909)5/25/2021 5:37:03 PM
From: Doren1 Recommendation  Read Replies (1) of 963
 
> Everyone who bought Bitcoin

when it hit $65k and has sold since then lost money. A lot of dreamers hoping to luck into a down payment on their first home without working for it.

People who have held haven't made money yet... you don't make it or lose it until you sell.

Unlike real estate you can't live in your bitcoin wallet. Its kind of funny... all sorts of white collar people have all sorts of "solutions" for growing homelessness and sky high home prices... but why would anyone get into building homes if you can just make money sitting behind a computer in an air conditioned office? Especially since most of the solutions white collar people offer is to tax people who build homes, tax lumber and force builders to build "affordable homes." Then there are the thousands of white collar bureaucrats protecting their pensions "helping" by raising the costs of homes by hundreds of thousands in permits.

Its not a good situation when the least productive elements of society are the richest. It never ends well.
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