Quote from: killat on July 09, 2019, 06:01:55 AM

My tactic: keep buying small amounts of btc, this way you buy at low and high dollar/btc rates.

Eventually it will be worth much more.. my guess.

that's the sentiment most die hard bitcoin believers have. It's definitely paid off in the last few years for people with this mindset.

Quote from: figmentofmyass on July 09, 2019, 08:33:30 AM

i would say the prospects are good. personally, i'm betting the price will be much higher in 5-10 years.

nothing is set in stone though. it would surprise me a lot, but bitcoin could still return to a bear market from here to sub-$3k levels. the odds are low considering the momentum and gains of this rally, but it's possible. keep that in mind when investing with retirement money. usually people put those funds into very conservative investments, not assets that could possible halve in value over the next month.

this exact this has happened in the last few years, and it can definitely happen again. however, my personal belief is that with cryptocurrencies taking offthe way it is now, I don't believe any significant crash is likely without some major event setting it off. likewise, I think the price is starting to stabilize quite a bit, and without some major stimulus, I don't see the price rising in any significant way anytime soon.