Quote from: usuario00021 on July 11, 2018, 01:22:23 AM

Let's say bitcoin buble bursts and it falls to $1
Then I buy 20,000 dollars worth of bitcoin at $1 per bitcoin
And hold it for 10 years
Is it a good idea?
Or will bitcoin fall to 0.00 and never recover?
What can go wrong with this strategy?

- Bitcoin is not a bubble and it will not burst to $1
- I will buy 100 BTC even if it hits $100 per coin but I don't think price will ever reach that range
- You don't need to hold for next 10 years, 2-3 years will be enough for bitcoin to recover
- Bitcoin can't fall to 0.00
- Everything because it will never reach $1 so you can't buy bitcoin at first place.

Catmony

Posts

Merits