Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: The fall from 65k to $30k was the best thing to ever happen to Bitcoin
by
Henrobakkara
on 19/06/2021, 08:56:56 UTC
⭐ Merited by pealr12 (2) ,JayJuanGee (1)
My target price for Bitcoin is 15K-20K during the next few weeks. The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.
Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week
Obviously, you are a newbie, and the obvious reason while your thinking about Bitcoin is only about the profit you can make. If real investors that have firm belief in Bitcoin had not supported the Network I don't believe you would be here talking about making profits off Bitcoin. Bitcoin has had way dips than this in the past and investors that have held for a long are most of the Bitcoin Millioniers today and if Bitcoin wasn't a store of value that wouldn't have been.
So, you can continue to wait for your $15k-$20k Bitcoin price till gray hair.