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.
People dont think up this thing specially for those who do tell that bitcoin is a bad project or going to be dead or any other negative words thrown at it without even realizing or to look back in past 10 years on how this thing withstand all of the challenges from bad reputation thru legal aspects but still its standing as of this moment and indeed remain on the top and with that alone it does already prove out that this coin isnt something that can be easily treat of as a failed or useless one.This is why its better to ignore those words that wont really be that relevant or doesnt help out and just giving out bad vibes on the entire community.