Post
Topic
Board Bitcoin Discussion
Re: How many times we will make the same mistake? - History repeats Again & Again!
by
m2017
on 21/02/2024, 07:13:54 UTC
Bitcoin has been giving such profits for about 12 to 13 years, I don't think anything else in the world can give so much ROI in such a short period of time. But where is the problem with our trust in Bitcoin?
The problem is that bitcoin showed such crazy profitability because the cryptoindustry was new, financial injections (investments) into which very quickly inflated capitalization.

Now you may say yes 10 years ago there was an opportunity to invest in Bitcoin. I know you missed that opportunity even I missed it but everyone knows that Bitcoin price will reach 100k or 150k. Even JP Morgan, who is strongly opposed to Bitcoin, says that the price of Bitcoin will increase.
So those who missed the previous rally should not try to catch the current rally? Will we make the same mistake again and again?
The subsequent rally will probably not be as rapid as over the past 10 years.

Maybe 10 years from now in 2034 someone will be doing this same calculation, that 10 years ago in 2024 if we bought Bitcoin we would have made 34600% profit. At that time maybe the price of Bitcoin will rise at 8 digits! Maybe I won't be around then but Bitcoin will be fine. Smiley
I don’t dream of seeing the same return of 34600%, ROI should still be higher than that of gold or real estate.