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?
we have pass that level when bitcoin can fall as low as $1.I do not think bitcoin will fall as low as $1,000 again because I do not find this in the technical equation. However in ten years to come we should expect bitcoin to go as high as $500,000 and we may make good money if we buy now.