That's what I thought of and I meant on a positive way. Just like what were being told that we'll never see $3k, $10k and so on again and they did really happen and we've never seen them again and the same might happen for $85k because we'll be higher by that time.
No one of us can see the future, we can only speculate. But if you look at the past and read the old posts here in the forum, there are always the same questions and the same answers. Of course there are more information, but a lot of it is also reflected today. And i think that if the price should reach $1,000,000 per bitcoin at some point, then the questions will be the same: will it go up? how high can it go? when will there be an alcoin season?
That's right, they're always the same and nothing is ever going to change with these thoughts from people whatever the price point that we're seeing at the moment.
In the long term you have to hodl and come to terms with the fact that is only a temporary loss.
Yeah, that percentage is just temporary loss, a paper loss and it will become a real loss when the actual sale happens. But as long as there is not, it's a big hope that the recovery will happen again.
That's the gist, the status and the tradition Bitcoin has acquired will not allow it to see ridicule for too long. Even if it falls so much now, over the years, you may still see it at a high level that would have been multiples of the value you thought it was hopeless at. This was what I told someone who faulted the last 130 BTC purchase by Michael Saylor on March 17th, though Bitcoin has sold ever since then, but for how long? In the next few years, Bitcoin may be above $150k again, he must have made about 2x of his money by then and it keeps going like that.
They know something just as how we know that this is going to be a good asset for the long term. If Saylor keeps on buying with their resources in the best that they can, we should also copy them. Whatever the price is, they're up for it in the long term but nothing is assured with these folks because they might up to sell some of it in the coming price pumps. We will never know and that's why we only have to brace ourselves whenever they do.