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Personally I also think the risk regarding bitcoin which will return to zero and I make sure everyone also thinks the same as the discussion that took place. But when talking about bitcoin there may be some beliefs that can lead someone to ignore the condition of fear that bitcoin will return to zero. For example, the limited supply and resilience of bitcoin in times of recession and inflation when Covid-19 hit, maybe this is only a small relationship from the process of my individual belief in fears of bitcoin risk returning to zero. But my instincts tell me this is not possible given the various power considerations that are in the journey of bitcoin and also not separated from the process of supply and demand, although sometimes the panic process that occurs can cause bitcoin to correct very badly.
Vice versa regarding people's concerns about regulatory limits that might continue to be developed by the government to make bitcoin an asset that does not have long-term resilience and various issues that are developed are packaged in a systematic and measurable manner by them. El Salvador has thwarted the government's mindset of overly worrying to bitcoin's future journey. So my personal assumption for bitcoin going back to zero is a 0.1% chance in the long term.
When the probability of a bitcoin price going to zero or worthless is very low, then maximize your chances. Agree or not, many of us expect these investments to provide great returns in the long term due to their high price volatility. Supply and demand are impacted by strong fundamentals like halves and other support from whales, so when we worry too much about low probabilities it will ultimately affect your decisions and plans in the long term.
It's just that, you still need to pay attention and consider the risks. Pushing yourself too hard to maximize investment opportunities is also not good, because indirectly you may have neglected your responsibility for other needs. Set aside a few percent for your needs, it is also meant that you don't change your investment plan too much in the middle of the road. For example, have a reserve budget.
Very well said indah rezqi. It is possible to prepare for both (either) BTC price directions at the same time and even extremes, including that we should be putting less preparations into lower probability events, even though we should attempt to prepare for even extremes and what we consider to be lower probability events, and a lot of people seem to have difficulties with those kinds of ideas that allow for the preparation for a large number of scenarios, including what we consider to be lower probability events while at the same time, not overly focusing or preparing for such lower probability events.
Easy to say buying dip by top coins but It's not to easy way. You have to extraordinary idea about crypto for buying dip and sold out high. Every top coins has there own power price so how i gonna to taken zero value? So maybe best idea to make trade sylow by top coins but for that you have to skills smart trader.
Fuck shitcoins. We are only talking about bitcoin in this thread.
All other coins have decently high odds of going to zero, so you cannot use the same kinds of investment strategies when dealing with shitcoin (including all altcoins, ethereum or whatever happens to be your other favorite shitcoin).. and sure if you want to debate about the value of shitcoins or which shitcoin might be less shitty, then you need to take that to some other thread.. because there are some shitcoin believers, even in this forum, and they have threads for their discussions regarding which shitcoin is less shitty.