Post
Topic
Board Bitcoin Discussion
Re: What will be running in your mind if Bitcoin reaches $1000 again
by
goldkingcoiner
on 24/11/2022, 11:33:10 UTC
My first thought will be: Oh great, now I can have a second chance to invest a decent amount of money for my future. I am glad. I should have taken the chance the first time but this is ok too.

My second thought would be: Because of the amazing crash down to 1k, Bitcoin will need years to recover to 20k again. Which is a bit disappointing for those who like seeing big numbers, but I am hodling for years anyway. And the profit in percentage from Bitcoin going from 1k to 20k will be greater than waiting for Bitcoin to go from 20k to 200k, (which I suspect will also take a few years at least).