That is ridiculous. Yes Bitcoin has crashed after peeks, yet it still keeps climbing higher and higher over time more than the previous peek.
Analyst believe Bitcoin will be over $4,000 by the end of the year and most likely be over $10,000 within the next 10 years. Now compare that to the USD, each year the buying power of the dollar drops, this article has a good example of how the the USD has lost about 70% of its buying power since 1950.
I just bough more Bitcoin since my purpose is to hold for retirement in 20 years where I believe my money now invested in Bitcoin will be worth a lot more than if I had put the cash into a safe.
That is ridiculous. Yes Bitcoin has crashed after peeks, yet it still keeps climbing higher and higher over time more than the previous peek.
Analyst believe Bitcoin will be over $4,000 by the end of the year and most likely be over $10,000 within the next 10 years. Now compare that to the USD, each year the buying power of the dollar drops, this article has a good example of how the the USD has lost about 70% of its buying power since 1950.
I just bough more Bitcoin since my purpose is to hold for retirement in 20 years where I believe my money now invested in Bitcoin will be worth a lot more than if I had put the cash into a safe.
Dude was being sarcastic lol
Don't *hold bitcoin longterm
hodl