Shower thought.
What if we're very lucky to be during a time when we could own an asset that will actually "dethrone" Gold and become the most valuable asset in total market value?
It might not be very obvious for us plebs now, but it might be as Bitcoin becomes higher in market value than Google, Microsoft, Apple, Amazon, and NVDIA.
Buy the DIP, and HODL
Yeah, that is possible, and if I'm not mistaken, every bull run, Bicoin goes up against those top companies in the world as far as market value, so it's understandable. But we all know that when the bear market comes, we will surely be affected. However, what if the price goes to $150k-$180k, will the lowest low for the next bear market will be around the price that we have right now?What if we're very lucky to be during a time when we could own an asset that will actually "dethrone" Gold and become the most valuable asset in total market value?
It might not be very obvious for us plebs now, but it might be as Bitcoin becomes higher in market value than Google, Microsoft, Apple, Amazon, and NVDIA.
Buy the DIP, and HODL
If that happens and so maybe we are still in amongst those companies even if we are in the deepest of the next bear market.
So that could be another thought,
Personally I think that the BTC price would have to get supra $250k before we might start to consider that sub $100k might never be touched again.
Sure, I don't really know, so I am speculating too, yet historically we have seen quite a large number of BTC price dips that were 50% or more, and the actual bears have been more than 70%... Accordingly, I have trouble imagining those kinds of 50% + dips completely going away, and 50% of $150k to $180k is $75k-$90k.
Another aspect relates to how far and how fast the BTC price goes up, so generally if the top comes really fast and with a lot of upward movement, then it becomes easier to retrace all of those gains. Some folks consider it to be better for us to be spending a bit of time around $100k in order to both allow buy support to catch up which may well help to make it more difficult to crash down with so much intensity, if such a future 30% + crash ends up happening in the interim.