DiscipleOfSatan
Member
- Joined
- Nov 8, 2017
- Messages
- 253
Okay, so my conclusion is that short term trading is too risky, especially for a noob like me, but i will try my luck with long term investment - meaning, putting some money in bitcoin (or some other crypto) and just wait for the new bitcoin hysteria like the one from December 2017...
Here is my logic:
1. Bitcoin bull run history
Doesn't this, by itself mean that Bitcoin is currently at low point, and it's logically to expect another price record, even bigger than the last one of 20,000$?
2. The widespread adoption of bitcoin and it's legitimization, and of course the media madness.
3. (a question) What is the worst case scenario? At least to me it doesn't sound realistic that bitcoin could devalue to 0 just like that, out of the nothing.
What are your thoughts?
Here is my logic:
1. Bitcoin bull run history
Doesn't this, by itself mean that Bitcoin is currently at low point, and it's logically to expect another price record, even bigger than the last one of 20,000$?
2. The widespread adoption of bitcoin and it's legitimization, and of course the media madness.
3. (a question) What is the worst case scenario? At least to me it doesn't sound realistic that bitcoin could devalue to 0 just like that, out of the nothing.
What are your thoughts?