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?
Why do you think Bitcoin will be back to $1?
#1 If you expect Bitcoin will return to $1, then possibility could be below 1%.
#2 Why u waiting Bitcoin to being burst and falls first if you want to making investment for long term hold?
#3 Every people has own strategy and planning of investment objectives from Bitcoin hold. what about you?