Alex Mashinsky, Celsius Network pointed to how he pitched at the bitcoin Conference 2021.  “If you do not know what to do in this market I have non-financial advice for you HODL. And the 15k Bitcoin maximalists loved it.”

Billionaires are entering the market. And, it leaves one wondering what they may know compared to the average user.

When asked:  Everyone is afraid, the fear index and all the stuff. What does these billionaires know that the average guy does? I don’t think that these people make decisions based on all the Bitcoin prices being $30,000 to buy.  That is not how they make decisions.

You can see that for every one or two weeks there are very famous investors who says I am in – I am convinced, I am doing a small allocation.  I am doing a large allocation. It is wonderful. 

All these people showed up and started putting money and each one of them came in at a different price level. Some bought at the top of the market and then buying at lower prices. Adjusting the 3% allocation – his 3% became 1.5% And, now he is going to buy more to have 3% It is not that these people are so smart. They can time the market and you cannot time the market.

Believe me no one can time the market. When you try to time the market and you are going to cash back to $30,000. Everybody were stopping me saying Alex come on stop saying these things. We are going straight to the moon.  We are going to $150,000.  No stops.

This bus does not take any stops. So, that is when you know what is going to happen. Because when you have everybody giddy and everybody thinks there is no limit. And everybody want to make tremendous amounts of money doing 10:1 leverage on this exchange or that exchange. It is guaranteed to happen.

They are not saying: Now is the best time to buy Bitcoin. 

They were saying:  I am going to be doing an allocation and they are going to be buying all the time and average price the same way we are trying to do.

The best way to do it is to buy a little bit month and have an average price that basically is profitable over the long term.  It just looks like the average user and the billionaire follow the same rule, but may be the investment amount if high!