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?
Here is the thing, no one can say what will be the future of btc because it was still new even it was almost 11 years in existence. Many are comparing it to gold well in reality it is very different to it. Another thing is that we are not aware what will be the behaviour of btc if it will experience recession because the last recession happens year 2008 and as we all know 2009 was the year it was created. In conclusion, btc can be something or not in the future it really depends on us whether we would like to risk our money in case it will become something in the future.