Post
Topic
Board Economics
Re: What happens if BTC's price falls to $8,000?
by
buwaytress
on 24/05/2022, 13:51:14 UTC
But whatever, if it reaches $8k, I'll be really happy.

I'll be close to feeling as happy/nervous/panicked as in March 2020, for sure. My holdings today at that price would be just little under twice the dollar amount I had in March 2020 -- had to sell quite a bit at the end of that year (thankfully, when 20k was around the corner) so have not really been able to stack back since then.

It would be a significant opportunity to build back of course, but any more emergencies after that and I'll exit at a poor price.

No regrets, definitely happier than sad (ha sob ha).