The last couple of top then drops this year (china was last one) saw the dip reduce by approx 1/3 of the top.
(I watch in Aust dollars so translate to your local)
So on that basis maybe from a top of 9,900 down to 6,600'ish
then maybe back up?
But since bit cash has 'advantages' maybe the original is not the best?
Thats why the dotcom boom crash happened....no fundamentals, no basic 'values' ..... just hope, hype, expectations....enjoy the ride
This bitcoin dropped is our advantage in the sense that we can buy coins now and take advantage of its cheap price and wait for it to surge up again sooon.. :)
the question is how low will it go?
but you are correct, invest what you can afford (to loose) :-)
"invest what you can afford (to loose)" - i like this idea :)