Let's say bitcoin buble bursts and it falls to $1
Then I buy 20,000 dollars worth of bitcoin at $1 per bitcoin
And hold it for 10 years
Is it a good idea?
Or will bitcoin fall to 0.00 and never recover?
What can go wrong with this strategy?
The reason why most of the people today are losing a huge amount their investment is because of bitcoins price that is dumping and they invest while it was at a very high value in the market.