Right enoggera your response is its going up so buy it.
.had anyone taken that advise in 2017 for example...when every crypto expert was forecasting 200k plus in 5 yrs They woulda been much worse off than waiting until April 2020 when they coulda got it for 4k..
just like when a month ago every crypto expert was tping 100k by end 2021 and 500k in another 5 yrs ... Instead its down 30 %...
Let's agree for a moment that btc is awesome and will be worth 1 million in 20 yrs . Still doesn't mean that 1 won't be better off waiting for next 80%+ drop to get in.. And that's even if we agree that btc is awesome...
Ofc that 80% + drop may not happen again..like it has throughout btc price history...history doesn't have to repeat.. and by that same logic btc doesn't have to have another mega run up like its done throughout its history.. Latest being the 4k to 68k run.
