Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different
I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.
Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all. Today I think BTC is a failed experiment. What are your thoughts?
It is still a smart thing to do. Hold your coins before its too late. Just because the price is falling now, does not mean that it is going to keep on falling forever. Look at the stock markets. The are declining too! The fall of this price isn't as bad as the stock market crash. The 15% drop you are talking about took place in last few weeks. This is not fair, if you compare the price in this way. Look at the long run price increase. We are more than 120% above if you compare the price with last year.
You're not hearing what this person is saying. BTC FAILED. Miserably. When it should have mattered most, it failed. The theology behind the purpose of BTC as an alternate currency when the world is breaking down was proved to be a false theology. BTC and crypto is a gamblers game. It'll never be anything more than that.