Post
Topic
Board Speculation
Re: will early sellers buy back in eventually? Will lambo buyers trade the lambo4btc
by
Oasisman
on 04/10/2020, 21:42:23 UTC
imagine all those people who sold Apple, Microsoft, Amazon in the 1999 bubble. I bet they own those stocks again, probably cashed out and bought a lambo, only to buy back the  shares at double to even 10x the price. will the same happen to bitcoin?
Probably yes and probably no that depends on the level of such individual's risk tolerance. Anyone who sold at $1,000 will always have a second thought about buying back again at $10,000. But, If someone who believed what Bitcoin is capable of for the next 5-10 years, then $10,000 won't gonna be a problem as Bitcoin is completely a different asset than stocks, Bitcoin's range seems infinite considering It has yet to reach it's peak of mass adoption.