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RE: Bitcoin: I'm not convinced we're not going to drop to $5000 or below 📉
Thanks for the brief history, as a crypto newbie it helps in planning future moves. I sure hope you're wrong tho, I too would rather visit the moon as early as possible. :)
Thanks for the reply!
I hope I'm wrong too! But for me, it helps to plan for the worst. I myself am just going to hodl my Bitcoin, no matter what. Patience really is key in crypto!
I've mostly been on the sidelines for the last 5 years and have never owned any bitcoin which is maybe a mild relief considering the roller coaster ride. I have however been following the developing alt coins and feel they are going to render bitcoin for the most part obsolete. Sure the sentimental will probably never let it die but I don't think its going to be the main focus. Dapps and utility will be the focus of innovation as well as regulatory adherence. Universality is also going to be a large part of success for a prosperous community driven ecosystem. I feel the Neo block chain is being developed with the ability to foster these areas. I personally would sell my bitcoins and spread it around some of the promising alt coin developments. I just think bitcoins hay daze are about done. I am a newbie that cant really be trusted to know how the future will unfold so just bouncing thoughts. Although, sometimes you don't need a crystal ball to see the writing on the wall