Post
Topic
Board Speculation
Re: Will you stay in crypto if BTC does not recover?
by
Lowryy
on 06/04/2018, 01:10:34 UTC
Hi,

Just wondering if you guys will stay in crypto (aka hold or sell your BTC holdings) if the price does not recover.

Lets say we are still around 6k-7k by December 2018 => Will you wait it out or give up and say "OK, we had a nice ride but we are not going up again"?

What about if in 2019 price is still hovering around 6k-7k and there is no sign of recovery to 10k+ (or even a new ATH)

There are still so many unsolved problems around crypto. We need to solve these issues and give time for bitcoin and other blockchain related projects, protocols, platforms etc to develop so that we can actually do something with them and so that they actually give some value to the world. It won't happen overnight. Give it 5-10 years to develop and these things will either be worth zero or they are everywhere thus their valuations are way higher than we can even imagine. That's why my investment horizon is 5 years minimum. It depends on how fast the tech improves, visions are executed, mass adoption occurs etc