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@ Layer3.news
2025-05-27 21:35:20
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SELLING BITCOIN IS LIKE PLAYING IN A 'BAD HOUSE-RATE CASINO' — ADAM BACK
https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NzEzNjUtOTI3Yi03ODE4LWJhMGYtMzEwNTk0Zjc4ZmQ2.jpg
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✍️ Blockstream CEO Adam Back warns that trying to time the market with Bitcoin is like playing in a bad casino, due to its extreme volatility.
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👉 Bitcoin's volatility makes it difficult to time the market
👉 The trend line is up and to the right, making it a bad bet to sell during periods of volatility
👉 Institutional interest, convertible notes, and government entities are contributing to upward price momentum
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#AdamBack #technology
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