Every other post sounds like some lunatic ranting about an evil international conspiracy against bitcoin. Which sends a chill down my spine because maybe the last place on earth I want to be is on their side and opposed to Warren Buffet on any issue, let alone an investment proposition lmao. Anyway I think many of you are overestimating how much people care about bitcoin. Economists and others might think it’s stupid. I disagree – there’s real promise in a decentralized digital store of…
I better see some good memes.
I love Bitcoin and I've been deeply involved in it since 2012. It is without a doubt the best STORE OF VALUE ever devised. I fully expect it to surpass gold in that regard. So there is a lot of growth left.
That being said, everyone here needs to psychologically prepare themselves for a 75% (or possibly even more) crash. Due to the extremely strict supply limits of this money, the bubble/bust cycle will NOT magically stop. This current bubble could take us beyond 10,000, and the crash could take us below 1,000. Get that in your head now. Let it sit in your mind for a while and absorb it at an emotional level.
In the long run we'll all be okay and very glad we were buying so early. But in these happy times, just remember: This Too Shall Pass.