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?
Considering the success bitcoin was able to reach, I don't think we can consider it anymore as a failed experiment. If it was a failure, then it would have ended up way back and was not able to remain at the top for so long. With the upcoming bitcoin halving, we should be wiser on what we are doing with our bitcoin. The halving would surely boost up bitcoin's value so it would be best if we are going to set ourselves ready for it and make the most from it. It would be best to try than to regret if ever the said circumstance would happen.
it wasnt totally a failure but it only faces many obstabcles and hindrances especially on the past but bitcoin is just strong and look where it at now ? somehow succesful but not totally because bitcoin is still not acceptable on some societies and its characteristic is also not perfect .
anyways thats us , we are a believer at first but suddenly our beliefs changed , it could be because of a single mistake or any other reasons so i cant directly blame the op if what did he acted on here .