"If the price is dropping, wouldn't it be smart to buy now?"

My brother called me today and wanted to talk to me about Crypto. He is not a technical person more the complete opposite (Hippie). He knew I am into technology and I was talking about Crypto myself.So today he called me and told me that he'd most likely certain that he wants to invest himself. Not because he believes in the tech as he doesn't understand it, but mostly because he wants to say fuck you to the central banks and gevernments. I told him we all do. So I talked a bit to him and told him the risks and that's it not guaranteed to make him money. He understood everything and said he'll think about it a little bit.Then I told him the current situation and that everything is dropping right now, told him this could go on for longer maybe even years. Without me saying anything he said"But when the price is dropping right now, wouldnt that be a perfect buying opportunity?"And I never was prouder

Submitted February 24, 2021 at 03:42AM