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?
Don't think of "never recover" or price falling into $1 because at the moment it's impossible to happen. Better don't invest you are kinda negative thinker and seems you can't handle the pressure if ever. You still haven't invested $20k and yet you seem in panic already.