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Resources Facebook Live It’s LONELY at the bottom. But you get a lot more bitcoin for your money!

It’s LONELY at the bottom. But you get a lot more bitcoin for your money!

Published November 21, 2025
Joel Bomgar
by Joel Bomgar
YouTube Video Transcript
It's lonely at the bottom, but at the bottom is where you buy a lot more Bitcoin for your dollar. As the price of any asset drops, all of the noisy top buyers start to subside, which starts making it feel lonely as the price gets lower and lower because more and more of the noisy top buyers are standing on the sidelines and more of the quiet, smart money steps out of the shadows and picks up the Bitcoin or whatever asset it is for cheap. That's what I've been doing from almost the beginning. Now, when I first got into Bitcoin, I bought a lot of more expensive Bitcoin because that's what everybody does when they are early in the process. As I always say, the first 50% of all the Bitcoin you buy, you will buy on the expensive side of things. But after that, you start really wanting your asset to be on sale because you already own so much of it that if you want more of it, you want it to be on sale. So, it's times like this in the dips that the uh you know, it feels lonely, but that's when the price is on sale. That is why I'm buying more Bitcoin as soon as the wire transfer comes in from SD Bullion for the gold and silver I had back from 2017. I'm hoping that wire transfer will hit today. The conventional banking system sucks, so it might be Monday. I don't care. I'm going to buy more Bitcoin the moment it hits and I will end up with somewhere between 5% and 10% more Bitcoin than I have today depending on the price. The lower the price goes, the more Bitcoin I get for every dollar. So, it's lonely at the bottom. There's a lot less buzz. There's a lot less euphoria. Uh but you get a lot more Bitcoin. And think about it. If the price is going to go to 150 $160,000 anyway in the next 12 months, the price gain you get from $95,000 Bitcoin is a lot bigger than the price you get from $125,000 Bitcoin. Now, there's never a bad time to buy Bitcoin. In the rearview mirror, you will look at it and it will totally not care. You will you will look at it and you will think it was absolutely ridiculous that you were so worried about whether you bought Bitcoin at 95 or 105 or 115 or 125. All of those numbers are going to sound just as ridiculous as they did back when I was first buying Bitcoin in 2017 and 2018, which all of the prices today had a zero removed. So the price, you know, was up to 12,600, which is the equivalent of 126,000. 12,600 missing a zero or adding a zero is 126,000, the highest Bitcoin's ever been. And then the price dropped to 10,500. And of course, everybody's freaking out. and which is the equivalent of 105. Then it drops to 9,500 and everybody's freaking out some more and everybody worries that the Bitcoin they bought at 12,600 was so expensive and they can't believe Bitcoin is 9,500 now. Now to put that in perspective, how ridiculous does that sound now that everybody was worried that they had bought expensive Bitcoin at 126, sorry, at 12,600 instead of 9,500 and everybody was worried about whether they should wait and try to bit buy Bitcoin cheaper than 9,500 and a bunch of people missed out because, you know, whatever number they picked is a number that Bitcoin never hit. So, it's lonely at the bottom, but that's where you get more Bitcoin for your dollar. There's nothing wrong with Bitcoin. all of the fundamentals. It is still durable, divisible, portable, fungeable, authentic, authenticatable, and most importantly, scarce. Bitcoin still has all of the qualities of an ideal money, an ideal reserve asset for the world, an ideal medium of exchange, store of value, unit of account. Everything about Bitcoin is just as amazing as it's always been, which means eventually that will be reflected in the price. And if that is not reflected in the price today, so what? be patient and it will be eventually reflected in the price. It is only a matter of time and so you just got to wait. It's lonely at the bottom, but the bottom is where there is the point of greatest opportunity. And I think Bitcoin is seriously on sale right now. And you know, I'm going to buy as much more of it as I possibly can the moment this wire transfer from SD Bullion comes in.

Disclaimer:

The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.

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