| I always find these kinds of articles hilarious. Its fun to go back and look at the ones when bitcoin died at $12k, or $3k, or $1k, or $300, and nobody can forget the terrible drop from $100 to $20! If your time horizon is a year, bitcoin isn’t for you. Bitcoin is the hardest money known to man, but not everyone heeds that and there are tradeoffs. If you look at bitcoins price history, %95 of the time— maybe %99! - it’s down from its all time high. But buying at the exact peak is even harder than buying at the exact bottom. But places like vice assume that’s what everyone did. Or that El Salvador isn’t continuing to buy. Dollar Cost Averaging is the way to go. Don’t be expecting bitcoin to hit any particular price target at any point. I for one just started out buying the equivalent of real actual monetary inflation as a percentage of my net worth. Until my net worth was too high to keep doing that. El Salvador is booming. Bitcoin is unlocking value in its economy that have nothing to do with sitting in the government treasury. |