Quote from: Ibian on Today at 06:02:54 PM

Quote from: mindrust on Today at 04:27:47 PM

Quote from: El duderino_ on Today at 04:08:18 PM

@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....

I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.

Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...

Cheers and be safe and happy with your decisions

Obviously It cannot go to zero as long as the network functions but it can go to $3-5k and stay there for a long time if the world economy loses its shit completely. Maybe even $1k.

If people can't find money to eat, would they buy crypto? nope. The only thing that can prevent this from happening is the FED and its printer but what if the printer go kaputt?

There is another thing...

I am starting to feel weird about this tether stuff lately. It bugs me a lot tether staying at the 4th spot on CMC.

What if that 6.4Billion USD is the amount Finex created out of thin air is to keep bitcoin alive (alive in contrast of dead, $1k) and that's the exact amount that people extracted from btc over the years? They created that 6.4B to keep BTC from collapsing, maybe? Because otherwise that 6.4B means Bitfinex owns 6.4B worth of assets which is, kinda, bullshit you know.

Thinking about this gives me more and more warnings about this thing so yes, I'll keep my position small and will keep extracting money when it reaches a certain size. I had my chance to buy back from 4.5k didn't do it. If it goes back to 4.5k again, won't do it again.

On the other hand, in a world where almost everything is a lie, a 6.4B lie from Bfinex looks sustainable. Grin

The thing is btc is not the unbeatable, invincible investment asset once it looked like to me anymore. Do I care about it when BCH makes a %500? Nope. That's how I feel about crypto now.

ALL the way to 3-5k? Man, what will I do with only 6-10 times my original investment.

What I tell people is to invest 2% of their net worth. If it goes bust they will not feel it, and if it moons then they may have another 20% net wealth overnight. And then they can just skim off the top as the price keeps rising further.

I don't see how anyone who understands bitcoin can afford to NOT invest at least a small percentage. You either lose practically nothing or gain a fortune.

I have been +/- 1% of my net in BTC for a long time. Well, today it's little over 1%...

In my case, even 1% is just fine. My logic is similar, if BTC craters, no big deal. If it quintuples over the next 1 - 5 years, great. Takes me to an easy + 5%.