Feeling like BTC has let you down?
On September 20th, 2020, the Price of BTC was $10,462.
Finally on September 21st, 2018, the price of BTC was $6,722
But no, this doesn't mean BTC will be $100k in three more years. Who knows? Perhaps it will stablize, and I'll finally be proven right about that happening when I was wrong at $5, at $200, and at $10,000. Maybe there will be an attack on Bitcoin in its weakest centralized points in the ecosystem (rather than the network itself) which could drop the price drastically. An exchange hack also leads people to panic sell, because many don't keep their own keys.
On the other hand, if you had these covid-19 vaccinations, maybe you'll be dead in three years. What good will a $100k Bitcoin do for you then? Or if billions really die and we survive, a lot of things you can buy easily today will just not be available in three years. Shit has happened. Prepare for power outages and internet outages.
You never know what's in spore for you? What if there is something like Chernobyl? We must be prepared for the worst but can't live our lives thinking about it all the time? Who knew bitcoin would touch this figure? Life is uncertain and we must enjoy whatever comes our way.
If we keep thinking about not investing in the past and losing out on the profits, we would be fools. Dare and invest now, let's see what future has to hold for us.
That's an important counter point.
I like your final words at the end of the this post @leprechaun which says : "Prepare for power outages and internet outages"
Uncertainties here and there.
Bitcoin is my best investment of all time. I remember thinking it was too high at $300 …then watching it go to $700… and finally jumping in around $1,000 …. Everyone thought I was crazy. Buy the dips.
Wow, It's funny, I can vividly remember that time. But as usual, Change is constant.
We sure are going to be prepared.
What I believe is in this market Bitcoin or crypto currency will not loose in anyway, if Bitcoin will still be in existence along side with other crypto currency which I know they are still going to be in existence, what will happen is that cryptocurrency will keep appreciating in price, even if it falls today it will still rise tomorrow because everything is tied to the economy and as far as the economy is make an increase or decrease crypto currency makes a move too.
May time prove you right
what everyone see now is the dip from the ATH, not the gain from its very early stage. If only one bought bitcoin three years ago, he will still be profiting even in this dip.
Be prepared….Buy solar panels and deep cycle batteries. And live on a fresh water Lake…. Superior is nice. You can melt the snow for good water. And Lots of free firewood. 🌲