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RE: The Bitcoin Update!

in #life7 years ago

I do hope you are correct with your analysis and BTC starts a bull run again.Its been a very nasty beginning to the year and when BTC bleeds, all crypto bleeds.I am still confident we will see new highs this year.

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I completely agree. I have been in the game for about 24 months but have learnt a lot along the way. If you look at history and the future we are in a very small time windows of where this will be in the future. When credit cards came in there were skeptics and now look, almost each and every person has at least one or more. Many of what they call 'future' technologies were frowned upon at first and and hit all sorts of barriers. I truly believe that Bitcoin and many other cryptos are the way of the future. Whichever way you look at it crypto is here to stay and will only be more and more adopted and used into the future. Old legacy ways of doing business which we now accept as the 'normal' will fade over the years. These have only one way to go but to become more and more valuable. I have made money by staying strong in negative times and not cashing out but HODL. In 10 or so years if we hodl onto a good diversified portfolio there is no real way you can be anything but well off for it. I personally budget to put a small portion of money into Bitcoin and other cryptos each fortnight and leave it for long term.

24 months?! I would have been retire by now if I had gotten in at that time.

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