Somehow it is until it isn't and the trick is realizing when the paradigm has changed.

Spoiler: it's changed.

NB: it doesn't mean BTC can't go up, but it does mean the strategy of blindly buying dips no matter what and where is much lower risk/reward (or "Sharpe" in market parlance).

The last major crash went from 20k down to like 4k. Rough numbers, not exact.

That shows it lost roughly 80% of its value.

If a similar type fall happens from its peak of approx 65k, that means the bottom would happen at 13k, but this is a horrible economy…I’m not sure there are retail investors in numbers to help it bounce from even that level.

I’m watching from the sidelines and will likely buy a full bitcoin at 5k if it gets there as well as 10 ethereum at the price at that point, again…if it gets there.

I have 11 million Dogecoin I will see ya- cheap!!

no matter how speculative you find btc there is one thing you can always guarantee with it - an insanely high roi after the halving... so roughly 2024.

if you have the stomach for it, it is definitely worth a very slow and methodical dca for a healthy return in the future.

Hope folks are doing well.

There aren't. This thing isn't going to pop again until retail completely capitulates, and institutions DCA their way in to the bottom - whatever that may be. $1K - $3.5k is my best guess. They're going to knock the legs out from underneath it by going after the stable coins and exchanges. Exchanges will be scared off from selling ICO coin "securities."

None of this is accidental.

Hell yeah


See who has the paper hands now

Not me

Get low get low

About to go below 19k

I'm buying some every time it drops 1k

How heavy is that bag?!?!?!

Am I seeing things (I've been drinking) or did it almost drop below 17k for a second?

I hold it all

Loading up on some of the higher capped alts everytime BTC tumbles. These prices are simply too good to pass up.

I cant imagine touching alts at this time.

Cashed out $121 of free rakeback bitcoin