Sunday, 5 December 2021

A price dip? I can't buy at this price without my cost basis going up. In fact, I haven't been able to buy BCH "low" for quite some time.

If you simply buy small, equal amounts often (dollar cost average), and spend often, then price means very little. If you treat BCH as a currency, it works as a currency. The fees are low, so liquidity is high.

And should the price of BCH creep up slowly over time, you win. And should it go down, you lose. The question is, can you afford not to play.

Nowhere in the white paper does Satoshi say, "the price goes up". Blockchains don't care about USD.

submitted by /u/bitmeister
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source https://www.reddit.com/r/btc/comments/r8vfq3/a_price_dip_i_cant_buy_at_this_price_without_my/

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