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Re: The price of Bitcoin the last time we had a presedential debate
by
boyptc
on 11/10/2020, 00:25:34 UTC
Are you imagining that it will go 10x again for the next presidential debate? Very possible.

We knew how volatile bitcoin is and for the past years, the increase that it made was incredible. Not mentioning the drop as it's also going to cause the same.

Yes. 10 times again. I'd be rich if bitcoin goes to a flat $100K
If you can hold until that day comes, many of us will have that amount to sell.

Can you endure until that day comes? won't you sell if it hits $20k, $50k, $75k?


true. Better to just hold and come back 10 years later.
That's quite a long waiting time. But if you think that you can go for that long, it's fine.

I'll just remind you that you can also not stick on that given timeframe. Look to the charts and see if the prices are good for you to sell. You don't actually have to go through with those years and just miss the run that's happening lately.