Don’t Buy Bitcoin Until You Learn More – Bitcoin Magazine

This is an opinion editorial by Tim Niemeyer, co-host of the Lincolnland Bitcoin Meetup.

As you might have learned from watching the mainstream news, the bitcoin price has been pumping as of late. If you bought the top and held until now, you may consider taking advice from good ol’ Mr. Goldshill himself, Peter Schiff, and use this opportunity to sell. If you’re someone who missed the boat, though, you may reasonably wait for confirmation and buy closer to $70,000. For those thinking to make a quick buck, you might hop on for a ride just to try and cash out near the next all-time high. If you’re a Communist who doesn’t believe we need a noncoercive way to coordinate human action… well, then, I can’t help you.

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