the thing about decreasing bitcoin price is everyone starts to panic and it snowballs into everyone selling it to crash back down and test previous values. whenever it had it's first huge spike to the ~$500 range people did the same thing and crashed it down to the $250 range where it stayed for a long time and everyone thought they missd out on the big max value, but here we are playing with $3000 range, so I'd guess the lowest it will crash down is $1500 but this time the recovery will be much faster because it's already proven itself to recover, so it will climb to $10000 or more within a year I think. The other thing is a million dollar bitcoin doesn't really exclude anyone unless fees are still 0.001, because you can buy fractions of bitcoin like buying 0.000001BTC at a million dollar bitcoin value would be $1
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So its better to just buy bitcoin and not invest in things... just wait it out. Sounds good
well, I'm not sure it's good to have all your eggs in one basket, some things can actually grow more rapidly than bitcoin and in a more stable way, but I wouldn't go too far worrying about it crashing down entirely, and if it goes down to 1500 and hits a floor it'll be a sign it's going to shoot up again
Unless you wrote that in error. I disagree its better to spread your investments if one fails the other will still get you something.
Problem is people are investing in crypto currency for money making. The day it is used nationally for shopping then you know its going to hit the sky. Best to buy and wait it out i think could take 5 years or so.