I have been buying Bitcoin for 2 reasons.
1: To increase the amount of coins I have in my cold wallets.
2: For trading purposes.
Nowadays I only buy Bitcoins for trading purposes. I have been quite successful in making profits, it allows me to generate coins without having to buy them.
I am never going to buy bitcoins becuase i know that the bitcoin will never be worth it becuase the price wont be higher than 1k each and peopel are telling me that the
price is going to rise to 50k or something
Your loss then. Even if it does not reach 1K dollars level, the price of bitcoin today is already worth it. 600$ is not small money. And if it rises even a bit, it is fine with me. I am earning great profit already.