Long enough term, it’s guaranteed 100% loss though, you just feel like you’ll know when to pull the trigger. I divested everything when I 10x’ed my money… when Bitcoin were $1k each. I realized that that ride is a fucking roller coaster and I didn’t want on it. Do I wish I had $500k worth of bitcoin right now? Hell yeah, but fuck me if it couldn’t have gone the other way.
Long enough term, it’s guaranteed 100% loss though, you just feel like you’ll know when to pull the trigger. I divested everything when I 10x’ed my money… when Bitcoin were $1k each. I realized that that ride is a fucking roller coaster and I didn’t want on it. Do I wish I had $500k worth of bitcoin right now? Hell yeah, but fuck me if it couldn’t have gone the other way.
Isn’t regular money the same? I mean isnt it down 99% in 100 years or something?
No
Depends on your currency.
USD or EUR? Probably more like 20-40%.
Venezuelan bolivar? 99% is a pipe dream.
Since 1913 the US dollar has lost 96.8% of its value. So yes 99% in 100 years was incorrect
Hell, that’s still heaps.