Market buy whatever you can afford NOW. And don't touch it for the next ten years.
naw, no thanks.
lol
Makes sense.
Warren Buffett says that "If you can't hold an investment for at least 10 years, you shouldn't hold it for 10 minutes."
Guess Matt continues to prove Buffett right. He can't hold *any* investment for at least 10 minutes, lol.
I have held gold and silver for almost that long.....
......but then that is real wealth, that can't just be turned off and rendered worthless by some totalitarian government on the other side of the world.....
Regardless of any pending ramps in Bitcoin, it will all end in tears. Mark my words.
Mat suspect you are right eventually it will bust.
However the question is how long will it survive?
The longer bitcoin stays around the more credibility it gets , simply for surviving and not being broken. The price follows credibility.
Eventually it will collapse that's for sure, the only question is how long will it be around for. Until it crashes it seems likely the price will only increase
I suspect it will not be around longer than 10-15 more years. But in that time it could go much higher as more people buy in. That is why its so interesting to many investors.