You are starting to think, I have faith on you. So what's really happening, since they haven't bought any Bitcoin yet? A regular hype generator article. And who normally takes the bait? A Crypto boy!
Be very very afraid of that 20K support line. I don't even trade the thing, but that level, with no FA behind it holding that line? That is scary for bears.
Exactly Yes and you're probably right. That was probably micro strategy buying just before the article came out.
1. Nobody knows those numbers and chances so stop making them up. 2. Luna just went up 250% in less than 2 days. Why aren't you into Luna? 3. Who has the time to wait for 8 years? I want my money and I want it NOW!!!
Fun Fact: If you bought $150K of gold during the 2000 Bubble, you'd be able to realize 1 Million $ right now.
If you bought 5,000 shares of AMZN in 2000 Bubble, you would be at least 10 Million $ right now (IIRC AMZN was trading in the lower $30s at the end of the 2000 crash)
1. You don't need to know the exact percentages in order to get positioned. 2. It a crap coin, and whatever the price does going forward is strictly a game of manipulation. 3. Ya, I do too. But most of us will not do any better than waiting 8 years for a 10x and just sitting on our hands. I heard of bitcoin back when it was $100, but I just assumed they would ban it. The people who fell victim to the Mt.Gox hack were forced hodlers, and it looks like because of this, they are going to become very, very rich. That was about 8 years ago, so forced waiting turned out very well for them.
And if you bought gold in 1980, you were still at break-even in 2009. Date selection bias can do wonders.