Post
Topic
Board Bitcoin Discussion
Re: Crypto Veterans and Legendaries: Need Advice on my Bitcoin Strategy
by
titular
on 17/11/2021, 13:11:27 UTC

Even if we assume the rise has stopped there is simply no way for bitcoin to repeat any of its historical massive drops since we are not even close to being in a bubble. And if price reaches a bubble it would be at $500k which means the bubble burst that follows would still bring the price down to $100k+ which is 70% higher than the current price!


Why do we assume that if we saw a $500k bitcoin it would be considered a bubble?

Couldn't that $500k price be healthy growth when achieved in a realistic timeframe?