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?
You really look like a beginner based on what you are saying on this. If you think that bitcoin is a failed experiment if its price goes down then you are a typical beginner in this platform, you know that the bitcoin is volatile, so it means that it changes its price day by day so why you think that it is a failed experiment? It would help if you understood why bitcoin becomes volatile for you to convince yourself to trust bitcoin, there are so many users and person who is earning bitcoin in different websites, there are so many countries that already accept the cryptocurrency in their land because they believe that it would help their economy to become more reliable and powerful. Bitcoin's volatility makes it so good at investing and trading which we can earn money for sure if we have knowledge about that.
Do not think that bitcoin is a failed experiment because a lot of people benefited from it.